amanda owns a small bakery in the perfectly competitive pastry industry. she is considering whether to hire an additional pastry chef. the wage rate for pastry chefs is $1,000 per week, the marginal product of an additional pastry chef is 1,000 pastries per week, and the unit price of pastries is $1.25. amanda should: hire the additional pastry chef. not hire the additional pastry chef. raise the price of the pastries. not enough information is given to answer the question.

Question

02-11-2022
Business

Answered

IDNLearn.com: Where curiosity meets clarity and questions find their answers. Get accurate and detailed answers to your questions from our knowledgeable and dedicated community members.

amanda owns a small bakery in the perfectly competitive pastry industry. she is considering whether to hire an additional pastry chef. the wage rate for pastry chefs is $1,000 per week, the marginal product of an additional pastry chef is 1,000 pastries per week, and the unit price of pastries is $1.25. amanda should: hire the additional pastry chef. not hire the additional pastry chef. raise the price of the pastries. not enough information is given to answer the question.

Sagot :

We are delighted to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Thank you for choosing IDNLearn.com. We’re here to provide reliable answers, so please visit us again for more solutions.

Which Of The Following Is True Of Interest Groups ?

Many Locations That Are Engaged In Primary Sector Activities Lack What Other Quality In Their Economic Profile?

In This Activity, You'll Help Others Understand The Purpose And Language Of The Declaration Of Independence. You'll Use Reference Materials To Determine The Pre

What Is Being Release During Exhalation *?

The Minimum Wage Law Is An Example Of Responses The Unwritten Constitution. The Unwritten Constitution. A Right Guaranteed By The Constitution. A Right Guarante

25. A 0.75 Kg Spike Is Hammered Into A Railroad Tie. The Initial Speed Of The Spike Is Equal To 3.0 M/s. a. If The Tie And Spike Together Absorb 85 Percent Of T

Shelley Is A 32-year Old Working Mother. She Is Seeing A Therapist To Help Her Achieve Personal Growth And Recognize Her Full Potential. Which Type Of Therapy I

Diploid Nuclei Of The Ascomycete Neurospora Crassa Contain 14 Chromosomes. A Single Diploid Cell In An Ascus Will Undergo One Round Of Meiosis, Followed In Each

The New Video Game Console From Kashikoi Games Was Just Released For Sale To The Public. The Console Has Been A Huge Success. Kashikoi Games Makes The Console A

A Ten-sided Die Has Each Of The Digits From 0 To 9 On One Of Its Faces. Which Of The Following Best Describes What It Means To Say That The Probability Of Rolli

Sagot :

Other Questions