You Own a Pizza Shop Called "Pizzas'R' Us How Many Cooks Should You Hire to Maximize Your Net

question 3

Multiple Choice

You own a pizza shop called "Pizzas'R' Us".Currently you are paying your cooks an hourly wage of $20.You sell a medium pizza for $10.By hiring more cooks,you can increase your pizza production as shown in the following table. $$\begin{array} { | l | l | } \hline \begin{array} { l } \text { Number of } \\\text { cooks }\end{array} & \begin{array} { l } \text { Total production of } \\\text { pizzas each hour }\end{array} \\\hline 0 & 0 \\\hline 1 & 4 \\\hline 2 & 7 \\\hline 3 & 9 \\\hline 4 & 10 \\\hline 5 & 10 \\\hline\end{array}$$
How many cooks should you hire to maximize your net benefit?

• A) 1
• B) 3
• C) 4
• D) 5

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Definitions:

Variable Ratio Schedule

A reinforcement strategy in operant conditioning where a response is rewarded after an unpredictable number of responses, making it highly effective for maintaining consistent behavior.

Uncertainty

A state or condition where the outcome of an event or situation is unknown or lacks predictability.

Consequence

The result or effect of an action or decision, which can be positive, negative, or neutral, affecting future events and decisions.

Symbolizing

The process of representing concepts, ideas, or actions with symbols, often used in communication and expression.