The government imposes a $1,000 per year licensefee on all pizza restaurants. As a result, which costcurves shift?a. average total cost and marginal costb. average total cost and average fixed costc. average variable cost and marginal costd. average variable cost and average fixed cost

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 12SQ
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The government imposes a $1,000 per year license
fee on all pizza restaurants. As a result, which cost
curves shift?
a. average total cost and marginal cost
b. average total cost and average fixed cost
c. average variable cost and marginal cost
d. average variable cost and average fixed cost

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