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In: Economics

what is the profit-maximizing level of output and how much profit will this producer earn if the price of pizza is $0.50 per slice?


For the pizza seller whose marginal, average variable, and average total cost curves are shown in the graph below, what is the profit-maximizing level of output and how much profit will this producer earn if the price of pizza is $0.50 per slice? Instructions: In the graph below, label all three curves by double-clicking on the ?? to select the appropriate label. Enter your responses as whole numbers Cost Curves 3.60 3.25 3.00 2.75 250 225 200 MC ATC AVC 으 150 a 12 1.00 0.75 0.50 025 0.00 0 100 200 300 400 500 600 00 800 800 Quantity (slices/day) reset When the price is S0.50 per slice, the profi-maximizing level of output is At the profit-maximizing level of output, the producers profit is: S 225 slices per day. 150 per day.

For the pizza seller whose marginal, average variable, and average total cost curves are shown in the graph below, what is the profit-maximizing level of output and how much profit will this producer earn if the price of pizza is $0.50 per slice?

 Instructions: In the graph below, label all three curves by double-clicking on the ?? to select the appropriate label.


When the price is S0.50 per slice, the profit-maximizing level of output is _______  slices per day.

At the profit-maximizing level of output, the producer's profit is: $_______ per day.

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Rahul Sunny answered 2 years ago
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