SOLVED

281.(Table: Costs of Birthday Cakes) Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the average fixed cost of 2 cakes? A)$5 B)$10 C)$25 D)$30 282.(Table: Costs of Birthday Cakes) Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the average total cost of 2 cakes? A)$35.00 B)$25.00 C)$17.50 D)$12.50 283.(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 second cake? A)$5 B)$10 C)$25 D)$35 284.(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)$8.00 285.(Table: Costs of Birthday Cakes) Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the average fixed cost of 4 cakes? A)$48.00 B)$10.00 C)$5.00 D)$2.50 286.(Table: Costs of Birthday Cakes) Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the average total cost of 4 cakes? A)$35.00 B)$25.00 C)$9.50 D)$12.00 287.(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 fourth cake? A)$8 B)$10 C)$25 D)$35 288.(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)$10 289.(Table: Costs of Birthday Cakes) Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the average fixed cost of 5 cakes? A)$1 B)$2 C)$5 D)$10 290.(Table: Costs of Birthday Cakes) Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the average total cost of 5 cakes? A)$110 B)$60 C)$12 D)$2