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Luigi's Calzone is a price taker. Its costs are Output (Plates per day) Total Cost 0 0 1 28 2 38 3 51 4 70

Luigi's Calzone is a price taker. Its costs are

Output (Plates per day)

Total Cost

0

0

1

28

2

38

3

51

4

70

5

91

6

130

We are assuming that the above total cost is the total variable cost. Now, suppose that we introduce a fixed cost equal to 10. Redo Question 22 to compute the price at which the firm will break even.

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