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Question 354

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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 5 cakes? A) $300 B) $250 C) $50 D) $10
-(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 5 cakes?


A) $300
B) $250
C) $50
D) $10

Correct Answer:

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