The manager of a pizza shop must decide how much pizza he will produce at a given price. Which of the following would NOT be a consideration for the manager? A. The wage paid to the pizza shop's employees. B. The cost of dough, cheese, and toppings. C. The cost of the pizza oven. D. Consumer income.
The manager of a pizza shop must decide how much pizza he will produce at a given price. Which of the following would NOT be a consideration for the manager? A. The wage paid to the pizza shop's employees. B. The cost of dough, cheese, and toppings. C. The cost of the pizza oven. D. Consumer income.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 7SCQ: Suppose the cost of machines increases to 55, while the cost of labor stays at 40. How would that...
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