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-Vito's Pizza Is a Perfectly Competitive Firm

Question 2

Multiple Choice

-Vito's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $22.50 per pizza, how much economic profit per day does the firm make? A) zero B) $10 C) $20 D) -$7.50
-Vito's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $22.50 per pizza, how much economic profit per day does the firm make?


A) zero
B) $10
C) $20
D) -$7.50

Correct Answer:

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