Multiple Choice
You own a pizza shop called "Pizzas'R' Us". Currently you are paying your cooks an hourly wage of $20. You sell a medium pizza for $10. By hiring more cooks, you can increase your pizza production as shown in the following table. How many cooks should you hire to maximize your net benefit?
A) 1
B) 3
C) 4
D) 5
Correct Answer:

Verified
Correct Answer:
Verified
Q27: You paid $35 for a ticket (which
Q28: A study that deals with the salaries
Q29: The following table shows the relationship
Q30: The opportunity cost of an activity is
Q31: Matt has decided to purchase his textbooks
Q33: Moe has a big exam tomorrow. He
Q34: Normative economics is concerned with how people
Q35: Your scholarship depends on your maintaining a
Q36: A firm employs Pam to assemble personal
Q37: The incentive principle states that a person