2.

Suppose a pizza parlor has the following production costs: $5.00 in labor per pizza, $4.00 in ingredients per pizza, $0.50 in electricity per pizza, $1,500 in restaurant rent per month, and $200 in insurance per month. Assume the pizza parlor produces 7,000 pizzas per month. What is the variable cost of production (per month)? The variable cost of production is $ (Enter your response as an integer.)Charles has decided to open a lawnmowing company. To do so, he purchases mowing equipment for 58000. buys gasoline {51.90 in gas is required to mow each yard). and pays a helper $25.00 per yard. Prior to opening the lawn company. Charles earned $6.000 as a lifeguard at the neighborhood swimming pool. Assume the money he used to purchase the mowing equipment could otherwise have earned 3 percent per year in the bank and that the mowing equipment depreciates at 20 percent per year. Charles plans to mow 400 yards per year. What is Charles's ,ti'itilltilim_ of production? Charles's implicit cost of production is SI: per year. (Enteryour response as an integer.) Consider a firm that hires workers to mow lawns. The figure below shows the number of lawns mowed per day for up to four workers. 20- 18- Total output Output (lawns mowed per day) Marginal product (lawns mowed per day) Quantity of workers 1.) Use the point drawing tool to indicate the marginal product of each worker. Properly label the points (MP , , MP2, MP3, MP4). Quantity of workers 2.) Use the multipoint curved line drawing tool to connect the four points. Label your curve 'MPL' After plotting the final point of your multipoint curve, press the Esc key on your keyboard to end the line. Carefully follow the instructions above, and only draw the required objects.Consider a production process where flowers are grown {the output} using gardeners {labor} and greenhouses (capital). The quantity.f of flowers grown per day with various combinations of labor and capital are shown in the table below. Suppose that each gardener is paid 5200 per day and the greenhouse is rented for 5350 per day. Fill in total cost in the table below. (Enteryour responses as integers.) Labor 0' 1 2 3 4 5 Capital 1 1 1 1 1 1 Output 0 120 360 480 540 570 Total Cost $D l_l|_||_|l_ll_l Consider a production process where flowers are grown {the output} using gardeners {labor} and greenhouses (capital). The quantity.f of flowers grown per day with various combinations of labor and capital are shown in the table. Fill in the marginal product of labor in the table below. (Enter your responses as integers.) Labor Capital Output Marginal Product of L U l 0 _ 40 'l 'l 120 l 150 l 'l 180 190 U'ILLDJMi Suppose Charles owns a lawn-mowing company. Assume that without workers, no yards are mowed. When he hires one worker, he is able to mow 2 yards per day. With two workers, he can mow 6 yards per day, and with three workers, he can mow 11 yards per day. The marginal product of the first worker is yards per day