Techniques for Making 100 Pizzas

question 324

Multiple Choice

Techniques for making 100 pizzas

-Labor costs $20 per worker and capital costs $100 per unit. Then, according to the above table, which of the following options for pizza production is economically efficient?

• A) Option 1
• B) Option 3
• C) Option 4
• D) Both options 1 and 3 are economically efficient.

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Definitions:

Bill Gates

Co-founder of Microsoft Corporation, an influential technology magnate, philanthropist, and one of the world's wealthiest individuals.

Customer Relationship Management

A strategic approach that manages a company's interactions with current and prospective customers, typically involving the use of technology to organize, automate, and synchronize sales, marketing, customer service, and technical support.

Lasting Relationships

Connections or associations between individuals or entities that are durable and persist over a long period.

Add Value

The process of enhancing a product or service before offering it to customers, making it more appealing or useful.