Question: Question 10 (8 points) An incomplete cost schedule for producing pizzas: Variable Total Cost ($) Cost ($) (a) What is the total cost if 0

 Question 10 (8 points) An incomplete cost schedule for producing pizzas:

Variable Total Cost ($) Cost ($) (a) What is the total cost

Question 10 (8 points) An incomplete cost schedule for producing pizzas: Variable Total Cost ($) Cost ($) (a) What is the total cost if 0 pizzas are produced? [2 marks] (b) What is the average variable cost of 5 pizzas? [2 marks] (c) What is the marginal cost of the third pizza? [2 marks] (d) if marginal revenue was $10, what would be the prot maximising output? [2 marks]

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