ovens in which his workers bake the pizzas. Felix signed a lease obligating him to pay the rent for the four ovens for the next year. Because of this, and because Felix's kitchen cannot fit more than four ovens, Felix cannot change the number of ovens he uses in his production of pizzas in the short run. However, Felix's decision regarding how many workers to use can vary from week to week because his workers tend to be students. Each Monday, Felix lets them know how many workers he needs for each day of the week. In the short run, these workers are inputs, and the ovens 2. v inputs. are Felix's daily production schedule is presented in the following table.

ovens in which his workers bake the pizzas. Felix signed a lease obligating him to pay the rent for the four ovens for the next year. Because of this, and because Felix's kitchen cannot fit more than four ovens, Felix cannot change the number of ovens he uses in his production of pizzas in the short run. However, Felix's decision regarding how many workers to use can vary from week to week because his workers tend to be students. Each Monday, Felix lets them know how many workers he needs for each day of the week. In the short run, these workers are inputs, and the ovens 2. v inputs. are Felix's daily production schedule is presented in the following table.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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