mySaskPolytech X B Quizzes - Fall Semester 2021/202 x Launch Meeting - Zoom X G fixed cost and variable cost exam x + V X > C a online.saskpolytech.ca/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=209621&isprv=&drc=1&qi=394346&cfql=0&dnb=0&fromQB=0 Apps M Gmail YouTube Maps = News OpenSSO (Login) Q Econ 120 FINAL Fall 2021 (V8) Time Limit: 2:00:00 Time Left:0:29:11 Albert Luvis: Attempt 1 Marla Chow - Sask Polytech 2 Question 6 (4 points) W Using a pizza business as a firm in its appropriate market model; identify the following aspects that would apply to this business. Select all the statements that 4 6 would apply to this business. If the statement does not apply, leave it blank. Select 4 correct answer(s) 8 9 The costs to start a pizza business would require significant infrastructure, and be extremely capital-intensive. 10 11 12 A pizza business would be considered part of a monopolistically competitive market. 13 14 15 Each producer would be able to choose the price they charge for their various size pizzas. 16 17 18 For the most part all pizzas are the same. 19 20 The pizzas would have a standardized price across all pizza shops. This business would not be allowed to engage in non-price competition. Type here to search O C -7OF ~ 0 8 0 1 74) ENG 10:31 AM 12/16/2021 17