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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 4 cakes? A) $38.00 B) $10.00 C) $9.50 D) $8.00
-(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 4 cakes?


A) $38.00
B) $10.00
C) $9.50
D) $8.00

Correct Answer:

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