Complete the third column of the following table by calculating the marginal cost per dozen pizzas using
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Question:
Complete the third column of the following table by calculating the marginal cost per dozen pizzas using the information on total cost. Then complete the final column by calculating the marginal cost per dozen pizzas using the information on variable cost.
Quantity | Total Cost | Marginal Cost | Variable Cost | Marginal Cost |
---|---|---|---|---|
(Dozens of pizzas) | (Dollars) | Using Total Cost | (Dollars) | Using Variable Cost |
(Dollars) | (Dollars) | |||
0 | 280 | 0 | ||
1 | 320 | 40 | ||
2 | 350 | 70 | ||
3 | 380 | 100 | ||
4 | 420 | 140 | ||
5 | 470 | 190 | ||
6 | 530 | 250 | ||
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