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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Consider the following cost information for a pizzeria:
Q (DOZENS) TOTAL COST VARIABLE COST
0 $300 $ 0
1 350 50
2 390 90
3 420 120
4 450 150
5 490 190
6 540 240
a. What is the pizzeria’s fixed cost?
b. Construct a table in which you calculate the
marginal cost per dozen pizzas using the
information on total cost. Also calculate the
marginal cost per dozen pizzas using the
information on variable cost. What is the
relationship between these sets of numbers?
Comment.
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