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A pizza parlor has the following production costs: $4.00 in labor per pizza, $2.00 in ingredients per pizza, $0.11 in electricity per pizza, $2,000 in restaurant rent per month, and $250 in insurance per month. Assume the pizza parlor produces 9,000 pizzas per month. 1. What is the total variable cost of pizza production (per month)? 2. What is the total fixed cost of production (per month)?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91706151

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