GAGE | MINDTAP Homework (Ch 13) Back to Assignment Attempts Keep the Highest / 5 2. Inputs and outputs Aliyah's Pizzas is a takeout-only pizza parlor servicing the college campus of Syracuse that specializes in vegan pizzas. Aliyah's small shop has barely enough room for customers to stand and wait, let alone the three pizza ovens necessary to keep up with the hungry student customers. Aliyah signed a lease renting both the three ovens and the storefront for the next year. Due to the terms of the lease and the building's size constraint, Aliyah is unable to change the store's number of pizza ovens in the short run. However, Aliyah does face a decision regarding the number of employees to schedule on a weekly basis. Every Sunday, Aliyah contacts the staff to communicate the amount of workers needed on each day of the upcoming week. In the short run, the store employees are inputs, and pizza ovens are inputs. The following table presents Aliyah's daily production schedule. Fill in the blanks to complete the Marginal Product of Labor column for each worker. OCENGAGE | MINDTAP Homework (Ch 13) Fill in the blanks to complete the Marginal Product of Labor column for each worker. Labor Output Marginal Product of Labor (Number of workers) (Pizzas) (Pizzas) 0 0 100 N - 180 240 280 300 On the following graph, plot Aliyah's production function using the green points (triangle symbol). Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. Hint: Be sure to plot the first point at (0, 0). (?) 300 OMODSu ;puse'th'atj\\llyah's only variable cost is labor, Assume that Aliyah faces dally fixed costs of $50 and pa Use the orange points (square Symbol) to plot Aliyah's total cost curve on the foliowing graph using the quantities from the Ppreceding tab == Total Cost Homework (Ch 13) 300 270 Total Cost E 240 210 180 150 TOTAL COST (Dollars) EI 120 60 30 60 0 120 150 180 210 240 270 300 QUANTITY OF OUTPUT (Pizzas) ? The law of diminishing marginal product of labor is demonstrated by which of the following? Total output increases only when you increase both labor and ovens.CENGAGE | MINDTAP Homework (Ch 13) TOTAL COS 120 60 30 90 120 150 180 210 240 270 300 QUANTITY OF OUTPUT (Pizzas) The law of diminishing marginal product of labor is demonstrated by which of the following? Total output increases only when you increase both labor and ovens. Total output increases at a decreasing rate as you increase the quantity of labor. Total output declines as you increase the quantity of labor. Grade It Now Save & Continue Continue without saving OFMOD hp