Question: The following problems are designed to help with the relationship between the costs and productivity measures. Answer each question separately because it does not depend

The following problems are designed to help with the relationship between the costs and productivity measures. Answer each question separately because it does not depend on the other answers.

If Slippery Jim's Pizza's total fixed cost (TFC) is $200 when they produce 50 pizzas, their average fixed cost (AFC) is ( ).

If Slippery Jim's Pizza's average variable cost (AVC) is $100 when they make 5 pizzas and their total fixed cost (TFC) is $100, their total cost (TC) is ( ).

If The Burger Palace sells 25 hamburgers and its total costs are $75, its per-hamburger cost is ( ).

If CVCC's total variable cost (TVC), such as professors' salaries and dry erase markers, is $6,000,000 when it has 1,000 students and the total fixed costs (TFC), such as buildings, is $1,000,000, the per-student total cost is ( ).

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