# Question: Consider the following cost information for a pizzeria

Consider the following cost information for a pizzeria:

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.

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.

**View Solution:**## Answer to relevant Questions

You are thinking about setting up a lemonade stand. The stand itself costs $200. The ingredients for each cup of lemonade cost $0.50.a. What is your fixed cost of doing business? What is your variable cost per cup?b. ...Consider the following table of long-run total costs for three different firms:Does each of these firms experience economies of scale or diseconomies ofscale?Does a firm’s price equal marginal cost in the short run, in the long run, or both? Explain.A profit-maximizing firm in a competitive market is currently producing 100 units of output. It has average revenue of $10, average total cost of $8, and fixed costs of $200.a. What is its profit?b. What is its marginal ...Give two examples of price discrimination. How does perfect price discrimination affect consumer surplus, producer surplus, and total surplus?Post your question