Help Econoics ? Suppose a pizza parlor has the following production costs: $3.00 in labor per pizza,

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Suppose a pizza parlor has the following production costs: $3.00 in labor per pizza, $1.oo in ingredients per pizza, $0.20 in electricity per pizza, $2000 in restaurant rent per month, and $450 in insurance per month.

Assume the pizza parlor produces 5,000 pizzas per month.

What is the variable cost of production(per month)?

What is the fixed cost of production(per month)?

Related Book For answer-question

Microeconomics

ISBN: 978-1429283434

3rd edition

Authors: Paul Krugman, Robin Wells

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Posted Date: Sep 02, 2022 04:06 AM

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Help Econoics ? Suppose a pizza parlor has the following production costs: $3.00 in labor per pizza,

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Variable cost per pizza labour cost ingr... View the full answer

Microeconomics

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