Larry's performance pizza is a small restaurant in detroit that sells gluten-free pizzas. larry's very tiny kitchen has barely enough room for the three ovens in which her workers bake the pizzas. janet signed a lease obligating her to pay the rent for the three ovens for the next year. because of this, and because larry's kitchen cannot fit more than three ovens, larry cannot change the number of ovens she uses in her production of pizzas in the short run. however, larry's decision regarding how many workers to use can vary from week to week because his workers tend to be students. each monday, larry lets them know how many workers he needs for each day of the week. in the short run, these workers are inputs, and the ovens are inputs.

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars