One Guy's short-run cost function is: C(q, K) =
+ 0.25K, where q is the number of pizzas produced and K is the number of ovens. Currently, One Guy's is leasing 4 ovens in the short run. Calculate the average cost of producing 10 pizzas. The manager of One Guy's is considering leasing
5 additional ovens. If One Guy's adds 5 more ovens, what is the average total cost of producing
10 pizzas?

Question

One Guy's short-run cost function is: C(q, K) =  
+ 0.25K, where q is the number of pizzas produced and K is the number of ovens. Currently, One Guy's is leasing 4 ovens in the short run. Calculate the average cost of producing 10 pizzas. The manager of One Guy's is considering leasing
5 additional ovens. If One Guy's adds 5 more ovens, what is the average total cost of producing
10 pizzas?

Quizplus · Accepted Answer

The Answer of One Guy's short-run cost function is: C(q, K) =  
+ 0.25K, where q is the number of pizzas produced and K is the number of ovens. Currently, One Guy's is leasing 4 ovens in the short run. Calculate the average cost of producing 10 pizzas. The manager of One Guy's is considering leasing
5 additional ovens. If One Guy's adds 5 more ovens, what is the average total cost of producing
10 pizzas?

One Guy's Short-Run Cost Function Is: C(q, K) =