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Ruby Red Movie Theater

Ruby Red Movie Theater has experimented with using different numbers of workers in the concession area of the theater as well as at the ticket counter. In these experiments, Tracy, the manager of the theater, collected data on total number of buckets of popcorn as well as movie ticket sales produced per day.
Tracy would like for you to analyze the data and tell her how many workers she should use each day in the concession stand area for producing popcorn and in the ticket area for producing movie ticket sales. She would also like to know how many buckets of popcorn and movie tickets will be produced/sold by those workers per day.
Access the Unit IV Assignment Worksheet in Blackboard. You will complete the following in this worksheet:
Part 1
Complete the tables calculating the average product, marginal product, total value product, average value product, and marginal value product.
Part 2
Answer the five questions after each table as a guide to use when writing your essay.
Part 3
Write an essay of at least 750 words in which you address the following:
Describe your calculations in the table.
Indicate the number of workers used per day where the law of diminishing marginal returns begins for producing buckets of popcorn.
Indicate the number of workers used per day where the law of diminishing marginal returns begins for movie ticket sales production.
Describe the shapes of both the average product and marginal product curves, and include how they compare to the average value product and marginal value product curves for both buckets of popcorn and movie tickets.
Indicate the optimal number of workers per day to use and the corresponding total number of buckets of popcorn to produce.

Sample Solution

Thornton Wilder's Our Town, one of three great literary works covered in this essay, succeeds by using a simple plot to deliver a powerful message. On the surface, the play chronicles the everyday hardships of Grover's Corners, New Hampshire. The main characters are hardly revolutionary: George Gibbs and Emily Webb go to school, fall in love, get married and experience the pain of death. But beneath this simple story lies deeper truths. The audience, which itself is a part of the play - the production is called "Our" Town after all - sees how each action, no matter how small, is actually profound. Wilder makes clear early on that nothing should be taken for granted, even a simple letter. George's sister, Rebecca, recalls how a friend received a letter that was addressed: "the United States of America; Continent of North America; Western Hemisphere; the Earth; the Solar System; the Universe; the Mind of God" (Wilder 45). Indeed, the whole play, which by itself is rather ordinary, is set in the context of the extraordinary workings of the entire universe. When Emily arrives in Purgatory, a man from among the dead tells her that life on Earth is insignificant compared to the cosmos: "And my boy, Joel, who knew the stars-he used to say it took millions of years for that speck o' light to git to the earth," the man says (102). Yet Emily correctly sees that life "goes so fast. We don't have time to look at one another" (100), because people are so concerned with their daily worries. As people sleepwalk through life, they seem amazed when they find that they are no longer young and that "white-haired lady at your side has eaten over fifty thousand meals with you" (60). What Emily asks at the end of the play resonates with the viewer: "Do any human beings ever realize life while they live it?-every minute?" (100). Wilder suggests most do not, and his play is trying to wake them up. Like Wilder, Flannery O'Connor tries to shake some sense into humanity by presenting characters who fail to take responsibility for their actions. The grandmother from A Good Man is Hard to Find is a classic relative from hell. In many ways the grandmother is a detestable character - rather than taking the blame for how her family has turned out, she hides behind xenophobia and a false sense of nobility. As the matriarch of the family, the grandmother should command respect - but it's understandable why June Star and John Wesley treat her awfully: she shows little respect for others, while holding herself too highly. The narrator points out how "The old lady said that in her opinion Europe was enti

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