Use the table below to answer the following questions.
Table 12.2.2

-Refer to Table 12.2.2, which gives the total cost schedule for Chip's Pizza Palace, a perfectly competitive firm. If Chip shuts down in the short run, his total cost is
A) $0.
B) $10 an hour.
C) $12 an hour.
D) $22 an hour.
E) $40 an hour.
Correct Answer:
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