Average 275 2. Inputs and outputs Eleanor's Performance Pizza is a small restaurant in Dallas that sells gluten-free pizzas, Eleanor's very tiny kitchen has barely enough room for the four ovens in which her workers bake the pizzas. Eleanor signed a lease obligating her to pay the rent for the four ovens for the next year. Because of this, and because Eleanor's Kitchen cannot fit more than four avens, Eleanor cannot change the number of ovens she uses in her production of pizzas in the short run. However, Eleanor's decision regarding how many workers to use can vary from week to week because her workers tend to be students. Each Monday, Eleanor lets them know how many workers she needs for each day of the week. In the short run, these workers are ovens are inputs inputs, and the variable Eleanor's daily production schedule is presented in the following table. fixed 2. Inputs and outputs Eleanor's Performance Pizza is a small restaurant in Dallas that sells gluten free pizzas. Eleanor's very tiny kitchen has barely enough room for the four ovens in which her workers bake the pizzas. Eleanor signed a lease obligating her to pay the rent for the four ovens for the next year. Because of this, and because Eleanor's kitchen cannot fit more than four ovens, Eleanor cannot change the number of ovens she uses in her production of pizzas in the short run. However, Eleanor's decision regarding how many workers to use can vary from week to week because her workers tend to be students. Each Monday, Eleanor lets them know how many workers she needs for each day of the week. In the short run, these workers are Inputs, and the inputs. ovens are Eleanor's fixed ction schedule is presented in the following table variable Fill in the blanks to complete the Marginal product of Labor come for each worker Labor Output Marginal Product of Labor (Number of our (Plaza Fill in the blanks to complete the Marginal Product of Labor column for each worker Labor (Number of workers) Output Marginal Product of Labor (Pizza) (Pizzas) 0 1 60 100 2 3 130 4 150 un 160 Homework (Ch 13) On the following graph, plot Eleanor's production function using the green points (triangle symbol). Note: Plot your points in the order in which you would like the connected. Line segments will connect the points automatically, Hint: Be sure to plot the first point at (0, 0). 200 130 100 Production Function 140 120 QUANTITY OF OUTPUT (Pezas) 100 00 40 LABORANT DI 1 JUL ULUSS Ny Varre costanu ne rasa X USE OF zu per way anu pays et R WORKS perwy. Use the orange points (square symbol) to plot Eleanor's total cost curve on the following graph using the quantities from the preceding table. 2 200 160 160 Total Cost 140 TOTAL COST (Dolars) 100 50 20 - 2009 200 QUANTITY OF OUTPUT Pas 2 4 20 0 0 20 140 180 200 40 00 80 100 120 180 QUANTITY OF OUTPUT (Plazas) True or False: The shape of the production function reflects the law of diminishing marginal returns. True False Grade It Now Save & Continue wi