Pietro's Pizza pays its workers $3 an hour more than any other pizzeria in Raleigh. Which of the following is a logical economic explanation for this decision? A. It takes more time for workers to learn how to properly make pizza at Pietro's because of the unique recipes and the difficulty of operating the oven B. Pietro can easily observe the effort of each worker which allows him to correct errors and discipline workers on the spot C. The neighborhoods near Pietro's Pizza have higher unemployment than other Raleigh neighborhoods D. Pietro's Pizza provides better health insurance and more paid days off than other pizzerias in the area.
Pietro's Pizza pays its workers $3 an hour more than any other pizzeria in Raleigh. Which of the following is a logical economic explanation for this decision? A. It takes more time for workers to learn how to properly make pizza at Pietro's because of the unique recipes and the difficulty of operating the oven B. Pietro can easily observe the effort of each worker which allows him to correct errors and discipline workers on the spot C. The neighborhoods near Pietro's Pizza have higher unemployment than other Raleigh neighborhoods D. Pietro's Pizza provides better health insurance and more paid days off than other pizzerias in the area.
Chapter11: The Firm: Production And Costs
Section: Chapter Questions
Problem 8P
Related questions
Question
Pietro's Pizza pays its workers $3 an hour more than any other pizzeria in Raleigh. Which of the following is a logical economic explanation for this decision?
A.
It takes more time for workers to learn how to properly make pizza at Pietro's because of the unique recipes and the difficulty of operating the oven
B.
Pietro can easily observe the effort of each worker which allows him to correct errors and discipline workers on the spot
C.
The neighborhoods near Pietro's Pizza have higher
D.
Pietro's Pizza provides better health insurance and more paid days off than other pizzerias in the area.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Principles of Economics, 7th Edition (MindTap Cou…
Economics
ISBN:
9781285165875
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Microeconomics (MindTap Course List)
Economics
ISBN:
9781305971493
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Principles of Economics, 7th Edition (MindTap Cou…
Economics
ISBN:
9781285165875
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Microeconomics (MindTap Course List)
Economics
ISBN:
9781305971493
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Microeconomics
Economics
ISBN:
9781305156050
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning