Narrbegin Exhibit 6 -In Exhibit 6

question 69

Multiple Choice

Narrbegin Exhibit 6.7 Short-run cost curves schedule for a pizzeria's hourly production
$$\begin{array} {| c | c | c |} \hline \text { Tutal } & \text { Tutal } & \text { Tutal } \\\text { pizzas } & \text { variable cost (\$) } & \text { cost (\$) } \\\hline 0 & 0 & 20 \\10 & 50 & 70 \\20 & 80 & 100 \\30 & 130 & 150 \\40 & 230 & 250\\\hline\end{array}$$
-In Exhibit 6.7, the pizzeria's fixed cost is equal to:

• A) $0.
• B) $20.
• C) $50.
• D) $70.

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Definitions:

Litres of Fuel

A measure of volume used to quantify fuel use, typically in vehicles or machinery.

Fixed Cost

Refers to expenses that do not change in total regardless of the level of production or sales activity, such as rent, salaries, and insurance costs.

Rent of Factory

The periodic payment made for the use of a factory facility or space for manufacturing or production processes.

Kitchen Manufacturer

A company or enterprise specializing in the production of kitchen units, appliances, and related items.