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    Microeconomics Study Set 25
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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    Use the Following to Answer Question
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Use the Following to Answer Question

Question 100

Question 100

Multiple Choice

Use the following to answer question: Use the following to answer question:   -(Table: Costs of Birthday Cakes) Use Table: Costs of Birthday Cakes.Assume that fixed costs are $10.What is the marginal cost of the second cake? A) $5 B) $10 C) $25 D) $35
-(Table: Costs of Birthday Cakes) Use Table: Costs of Birthday Cakes.Assume that fixed costs are $10.What is the marginal cost of the second cake?


A) $5
B) $10
C) $25
D) $35

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