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thank you 8. Average and marginal product of labor. Sam's pizza restaurant uses a combination of workers and ovens to produce pizzas. The total number
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8. Average and marginal product of labor. Sam's pizza restaurant uses a combination of workers and ovens to produce pizzas. The total number of plzzas produced per hour is given by the function q=3K05L05, where K is the number of ovens and L is the number of workers. Although the two inputs are relatively substitutable, the number of ovens is fixed in the short run, and therefore Sam is primarily interested in the marginal and average product of labor given his current number of ovens (9). Complete the following table using the production function given. Given Sam's production function, he faces retums to scale. However, you can see that when one input is held constant, the marginal productivity of workers as more and more workers are added. Still holding the number of ovens (K) foxed at 9, it would take workers to produce 36 pizzas per hour Step by Step Solution
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