Question: Use the table below to answer the following questions. Table 12.2.2 Output Total Cost (pizzas per hour) (dollars per hour) 0 10 12 16 22

 Use the table below to answer the following questions. Table 12.2.2

Use the table below to answer the following questions. Table 12.2.2 Output Total Cost (pizzas per hour) (dollars per hour) 0 10 12 16 22 30 40 55 25) Refer to Table 12.2.2, which gives the total cost schedule for Chip's Pizza Palace, a perfectly competitive firm. If the price of a pizza is $7, what is Chip's profit-maximizing output per hour? 25) zero pizzas 1 pizza C) 2 pizzas D) 3 pizzas E) 4 pizzas

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