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:

Question

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:

Quizplus · Accepted Answer

Fixed costs are costs that do not change with the level of output. In the table, when 0 pizzas are produced, the total cost is $20, indicating that the fixed cost is $20.

Narrbegin Exhibit 6 -In Exhibit 6