Multiple Choice
Use the table below to answer the following questions.
Table 11.2.2
-Refer to Table 11.2.2,which gives the total cost schedule for Chip's Pizza Palace,a perfectly competitive firm.If the price of a pizza is $7,what is Chip's profit-maximizing output per hour?
A) zero pizzas
B) 1 pizza
C) 2 pizzas
D) 3 pizzas
E) 4 pizzas
Correct Answer:

Verified
Correct Answer:
Verified
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