Multiple Choice
(Table: Costs of Birthday Cakes) Annie has a bakery that specializes in birthday cakes, and her variable costs of producing cakes are shown in the table Costs of Birthday Cakes.Assume that her fixed costs are $10.What is the average fixed cost of 2 cakes?
A) $5
B) $10
C) $25
D) $30
Correct Answer:
Verified
Correct Answer:
Verified
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