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QUESTION 2 Show all your calculations clearly. Investors invest 80,000# in a new pizza restaurant on the promise that they will earn a return of

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QUESTION 2 Show all your calculations clearly. Investors invest 80,000# in a new pizza restaurant on the promise that they will earn a return of 10% per year on their investment. The shop sells 40,000 pizzas per year. The shop's annual fixed costs include the return to investors and 22,0006 in other fixed costs. Variable costs consist of wages (20006 per week) plus materials, electricity, etc. (10006 per week). The pizza restaurant is open 50 weeks per year. a. Calculate the annual total fixed cost of the pizza restaurant. b. Calculate the annual total cost of the pizza restaurant. C. What must the price per pizza be for the pizza restaurant to earn a normal rate of return? d. Calculate the annual explicit cost of the pizza restaurant

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