Consider the following cost information for a pizzeria:

QuantityTotal CostVariable Cost(Dozens of pizzas)(Dollars)(Dollars)0320013806024301103460140450018055502306620300

The pizzeria's fixed cost is.

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)

0320013806024301103460140450018055502306620300

True or False: It doesn't matter whether you compute marginal cost using total cost or variable cost.

True

False