Question Help s Jill Johnson correct when she says the following: 1 am currently producing 10,000 pizzas per month at a total cost of $30,000. If I produce 10,001 pizzas, my total cost will rise to $30,050. Therefore, my marginal cost of producing pizzas must be increasing." A. Jill's average total cost of production is increasing, so her marginal cost of producing pizzas must be decreasing B. Though Jill's average total cost of production is decreasing, her marginal cost of producing pizzas could be increasing or decreasing C. Jill's average total cost of production is decreasing, so her marginal cost of producing pizzas must be decreasing D. Jill's average total cost of production is increasing, so her marginal cost of producing pizzas must be increasing E. Jill's average total cost of production is decreasing, so her marginal cost of producing pizzas must be increasing

Question Help s Jill Johnson correct when she says the following: 1 am currently producing 10,000 pizzas per month at a total cost of $30,000. If I produce 10,001 pizzas, my total cost will rise to $30,050. Therefore, my marginal cost of producing pizzas must be increasing." A. Jill's average total cost of production is increasing, so her marginal cost of producing pizzas must be decreasing B. Though Jill's average total cost of production is decreasing, her marginal cost of producing pizzas could be increasing or decreasing C. Jill's average total cost of production is decreasing, so her marginal cost of producing pizzas must be decreasing D. Jill's average total cost of production is increasing, so her marginal cost of producing pizzas must be increasing E. Jill's average total cost of production is decreasing, so her marginal cost of producing pizzas must be increasing

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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