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Stella's Pizza is a pizzeria operating in a competitive market. Its short-run production function is shown below. Stella's weekly cost of plant is $1000, its
Stella's Pizza is a pizzeria operating in a competitive market. Its short-run production function is shown below. Stella's weekly cost of plant is $1000, its cost of labor is $400 per worker, and its cost of the ingredients used to make pizza is $4 per pie. The going market price of pizza is $12 per pie. Workers Pizzas 158 240 306 TOUAWNH 364 416 464 509Stella is considering expanding her plant. The average total costs for the larger plant are shown below. Output ATC (pizzas) ($) 158 13.54 240 12.06 306 11.13 364 10.50 416 10.09 464 9.84 509 9.74 Question 16 Homework . Unanswered Stella's long-run average cost at the output level of 240 pizzas per week is $ Type your numeric answer and submitQuestion 17 Homework . Unanswered O If Stella's is currently producing 464 pizzas per week, its cost per pizza is $ Type your numeric answer and submitQuestion 18 Homework . Unanswered O Stella should expand her plant if she plans to produce pizzas per week. (Check all that apply.) Multiple answers: Multiple answers are accepted for this question Select one or more answers and submit For keyboard navigation... SHOW MORE 306 b 240 410 380
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