Suppose that you decide to buy a pizzeria, where you can produce either pizza or calzones. Either product requires dough, cheese, and tomato sauce. The production of one pizza requiresone pound of dough, two pounds of cheese, and 12 ounces of tomato sauce. The production ofone calzone requires two pounds of dough, one pound of cheese, and 4 ounces of tomato sauce. Your current inventory includes 300 pounds of dough, 300 pounds of cheese, and 12,000 ouncesof tomato sauce. Required:
a. Draw your PPC for pizza (P) and calzones (C).Put pizza (P) on the vertical axis.
b. What can be said about the utilization of resources when 50 pizzas and 50 calzones areproduced?
c. How would you characterize the allocation of 100 pizzas and 100 calzones?Whatabout 150 pizzas and 150 calzones?
d. What is the opportunity cost of the first pizza produced?What is the opportunity costof the last pizza produced?

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.

The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.

Which of the following emails should he save in this folder instead of deleting or moving it to another folder