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# Econ 201 micro economics midterm 2 practice question 45 work per day pizza per day fixed cost variable cost 0 0 500 0 1

Econ 201 micro economics midterm 2 practice

question 45

work per day    pizza per day     fixed cost    variable cost

0                          0                       500                  0

1                          25                     500                  200

2                          75                      500                  350

3                          150                      500                 450

pizza sell for 10 bucks each

refer to figure above. When pizza shop employs 2 workers per day,it will experience a marginal cost of____per pizza.

a\$15

b\$25

c\$6

D\$3.....why would the answer be 3? if I calculate the fixed cost of 500 +variable cost350

by delta pizzas per day75-25=50X1the delta change in one more labor

why won't the answer be 17 for my marginal cost per pizza

4

5

The way to approach this... View the full answer

Marginal cost=3... View the full answer

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