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

Question 96

Question 96

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 total cost of 5 cakes? A) $110 B) $60 C) $12 D) $2
-(Table: Costs of Birthday Cakes) Use Table: Costs of Birthday Cakes.Assume that fixed costs are $10.What is the average total cost of 5 cakes?


A) $110
B) $60
C) $12
D) $2

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