Instacart offers consumers a convenient form of home delivery service for groceries. Units of output (q) are individual grocery deliveries/day. Grocery deliveries are achieved through the use of delivery trucks (K) and workers (L). The price of labor (w) is $10/worker. Use the provided graph to answer the question below.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Instacart offers consumers a convenient form of home delivery service for groceries. Units of
output (q) are individual grocery deliveries/day. Grocery deliveries are achieved through the use
of delivery trucks (K) and workers (L). The price of labor (w) is $10/worker. Use the provided graph
to answer the question below.
K
16
15
14
13
21
12
11
10
9
32 DS18
7
6
5
4
2
1
11 workers
A
q=50
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
12 workers
B
L
Instacart is currently operating in the short run with its capital stock (its trucks) fixed at (
K = 3
13 workers
C
). Let's say it wants to expand its production up to 100 grocery deliveries/day. How much
labor is needed to ensure that Instacart can meet its 100 grocery deliveries/day production
quota?
14 workers
q=100
Some other quantity of workers, outside of the totals listed above
Transcribed Image Text:Instacart offers consumers a convenient form of home delivery service for groceries. Units of output (q) are individual grocery deliveries/day. Grocery deliveries are achieved through the use of delivery trucks (K) and workers (L). The price of labor (w) is $10/worker. Use the provided graph to answer the question below. K 16 15 14 13 21 12 11 10 9 32 DS18 7 6 5 4 2 1 11 workers A q=50 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 12 workers B L Instacart is currently operating in the short run with its capital stock (its trucks) fixed at ( K = 3 13 workers C ). Let's say it wants to expand its production up to 100 grocery deliveries/day. How much labor is needed to ensure that Instacart can meet its 100 grocery deliveries/day production quota? 14 workers q=100 Some other quantity of workers, outside of the totals listed above
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