Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost (Dozens of pizzas) (Dollars) (Dollars) 0 280 0 1 320 40 2 350 70 3 380 100 4 420 140 5 470 190 6 530 250   The pizzeria's fixed cost is   .   Complete the third column of the following table by calculating the marginal cost per dozen pizzas using the information on total cost. Then complete the final column by calculating the marginal cost per dozen pizzas using the information on variable cost.   Quantity Total Cost Marginal Cost Variable Cost Marginal Cost   (Dozens of pizzas) (Dollars) Using Total Cost (Dollars) Using Variable Cost   (Dollars) (Dollars)   0 280   0           1 320 40         2 350 70         3 380 100         4 420 140         5 470 190         6 530 250           True or False: It doesn't matter whether you compute marginal cost using total cost or variable cost. True   False

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A: Marginal cost is the additional cost incurred when the additional unit of output is produced.

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A: Answer in step 2.

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Q: What is total fixed cost when output is 2, fixed cost is 25, and average cost is 30

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A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

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A: Average total cost:Average total cost can be calculated by using the following formula:

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A:

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