Use the Following Table to Answer the Question : Table

question 88

Multiple Choice

Use the following table to answer the question : Table 16-1 : shows the total number of pizzas produced by 7 workers.

-Refer to Table 16-1.If the pizza industry is competitive,the price of a pizza is $10,and the daily wage of a worker $30,then the pizza shop will hire _____ workers to maximize profits.

• A)2
• B)3
• C)4

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Definitions:

Timely Decision

The process of making decisions within a timeframe that allows the decision to have its intended effect or value.

Commitment

The condition of being committed or devoted to a purpose, task, or objective.

Minority Domination

A situation in decision-making processes where a smaller group or individual exerts disproportionate influence over the majority.

Greater Amounts of Information

Refers to an increased volume of data and details available for analysis or decision-making, which can enhance understanding but also require effective management.