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Quantity of Pizzas Produced Marginal Cost 0 -- 1 $12 2 $10 3 $8 4 $5 5 $4 6 $8 7 $12 26. The pizza
Quantity of Pizzas Produced | Marginal Cost |
0 | -- |
1 | $12 |
2 | $10 |
3 | $8 |
4 | $5 |
5 | $4 |
6 | $8 |
7 | $12 |
26. The pizza restaurant reflected in the table above is a firm in a perfectly competitive market. Each time the restaurant sells an additional pizza, its total revenue increases by $5. The marginal cost of producing different quantities of pizza is given in the table above. The marginal cost of the profit-maximizing quantity is ________.
Group of answer choices
$12
$4
$5
$8
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