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Question 185

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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 marginal cost of the fifth cake? A) $2 B) $10 C) $12 D) $20
-(Table: Costs of Birthday Cakes) Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the marginal cost of the fifth cake?


A) $2
B) $10
C) $12
D) $20

Correct Answer:

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