If the total cost function is TC = 10Q3 - 50Q2 + 1000Q + 500, what is the equation for ATC?

The market value of final output produced in a given period measured in the prices of that period is:

A. Real GDP. B. GDP per capita. C. Nominal GDP. D. Potential GDP.

Paulette owns a pizza parlor. Her total cost schedule is in the above table. Her total variable cost of producing four pizzas per hour is

A) $20. B) $49. C) $51. D) $71. E) Some amount, but more information is needed to determine this total variable cost.