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    Exam 11: Behind the Supply Curve: Inputs and Costs
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Use the Following to Answer Question

Question 228

Question 228

Multiple Choice

Use the following to answer question: Use the following to answer question:   -(Table: Costs of Birthday Cakes) Use Table: Costs of Birthday Cakes.Assume that fixed costs are $10.What is the average fixed cost of 2 cakes? A) $5 B) $10 C) $25 D) $30
-(Table: Costs of Birthday Cakes) Use Table: Costs of Birthday Cakes.Assume that fixed costs are $10.What is the average fixed cost of 2 cakes?


A) $5
B) $10
C) $25
D) $30

Correct Answer:

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