Exhibit 6-11 Short-run cost curves schedule for pizzeria's hourly production

-In Exhibit 6-11,the average total cost or producing 40 pizzas per hour is equal to:

Question

Exhibit 6-11 Short-run cost curves schedule for pizzeria's hourly production
 
-In Exhibit 6-11,the average total cost or producing 40 pizzas per hour is equal to:

Quizplus · Accepted Answer

According to the short-run cost curves schedule, when the hourly production is 40 pizzas per hour, the average total cost is $250 divided by 40 pizzas, which equals $6.25 per pizza. Therefore, the correct answer is option C.

Exhibit 6-11 Short-Run Cost Curves Schedule for Pizzeria's Hourly Production