Use the Table Below to Answer the Following Questions

question 58

Multiple Choice

Use the table below to answer the following questions.
Table 11.2.2
-Refer to Table 11.2.2,which gives the total cost schedule for Chip's Pizza Palace,a perfectly competitive firm.If the price of a pizza is $7,what is Chip's profit-maximizing output per hour?

• A)zero pizzas
• B)1 pizza
• C)2 pizzas
• D)3 pizzas
• E)4 pizzas

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