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An cost schedule for producing pizzas Fixed Variable Total Pizzas Cost ($) Cost ($) Cost ($) cost per pizza marginal costs 0 40 0 40
An cost schedule for producing pizzas
| Fixed | Variable | Total | |||
| Pizzas | Cost ($) | Cost ($) | Cost ($) | cost per pizza | marginal costs |
| 0 | 40 | 0 | 40 | ||
| 1 | 40 | 8 | 48 | 48 | 8 |
| 2 | 40 | 17 | 57 | 28.5 | 9 |
| 3 | 40 | 27 | 67 | 22.33 | 10 |
| 4 | 40 | 38 | 78 | 19.5 | 11 |
| 5 | 40 | 50 | 90 | 18 | 12 |
If marginal revenue was $7, what would be the profit maximising output?
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
