Suppose a pizza parlor has the following productions cost $4.00 in labor per pizza $2.00 in ingredients per pizza $0.20 in electircty per pizza $4,500 in restaurant rent per month and $200 in insurance per month. Assume the pizza parlor produces 6,000 pizza per month What is the variable cost of production ( per month) The variable cost of production is $ 37200 what is the fixed cost of production ( per month) The fixed cost of production is $??

Suppose a pizza parlor has the following productions cost $4.00 in labor per pizza $2.00 in ingredients per pizza $0.20 in electircty per pizza $4,500 in restaurant rent per month and $200 in insurance per month. Assume the pizza parlor produces 6,000 pizza per month What is the variable cost of production ( per month) The variable cost of production is $ 37200 what is the fixed cost of production ( per month) The fixed cost of production is $??

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter12: The Cost Of Production

Section12.4: Costs In The Short Run And In The Long Run

Problem 4QQ

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