Tony's Pizza faces the demand curve shown in the table. The table also shows the pizzeria's total variable costs. Its total fixed cost is $30 per day.

A. What is Tony's marginal revenue from selling the 14^th pizza? ($)

B. What is Tony's marginal cost of the 14^th pizza? ($)

C. How many pizzas should Tony produce to maximize his profit?

D. What price should Tony charge for his pizza? ($)

E. The maximum profit that Tony can earn is ?

F. Suppose the rent that Tony pays for the building rises by $10 per day. How many pizzas should he produce now?

G. What price should Tony charge for his pizza? ($)

H. What is the maximum profit that Tony can earn? ($)

With the higher rent, in the short run, Tony's Pizza should _____.

a- shut down because it suffers a loss

b- shut down because it no longer covers its fixed costs

c- continue to operate because it still covers its fixed costs

d- continue to operate because it still covers its variable costs

Price Quantity TVC ($/pizza) demanded ($) 14.00 9 100 13.50 10 104 13.00 11 109 12.50 12 115 12.00 13 122 11.50 14 130 11.00 15 139 10.50 16 149