Eric's Performance Pizza is a small restaurant in San Diego that sells gluten-free pizzas. Eric's very tiny kitchen has barely enough room for the two ovens in which his workers bake the pizzas. Eric signed a lease obligating him to pay the rent for the two ovens for the next year. Because of this, and because Eric's kitchen cannot fit more than two ovens, Eric cannot change the number of ovens he uses in his production of pizzas in the short run.
However, Eric's decision regarding how many workers to use can vary from week to week because his workers tend to be students. Each Monday, Eric lets them know how many workers he needs for each day of the week. In the short run, these workers are (variable or fixed) inputs, and the ovens are (variable or fixed) inputs.

Amarket is said to be equilibrium when quantity demanded is equal to quantity supplied. critically analyse the above statement by giving different types of market

What do economists mean when they use the latin expression ceteris paribus?

Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.