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Use the following to answer questions: Use the following to answer questions: -(Table: Costs of Birthday Cakes) Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the average variable cost of 2 cakes? A) $40.00 B) $35.00 C) $25.00 D) $12.50
-(Table: Costs of Birthday Cakes) Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the average variable cost of 2 cakes?


A) $40.00
B) $35.00
C) $25.00
D) $12.50

Correct Answer:

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