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The Sweet Success Bakery Sells 500 Cakes at a Price

Question 212

Multiple Choice

The Sweet Success Bakery sells 500 cakes at a price of $10 per cake. Its total economic costs for producing 500 cakes are $500. The Sweet Success Bakery's economic profits are


A) $100.
B) $3,500.
C) $4,500.
D) indeterminate from this information.

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