Use the Following to Answer Questions -(Table: Costs of Birthday Cakes)Use Table: Costs of Birthday Cakes
Use the following to answer questions :
-(Table: Costs of Birthday Cakes) Use Table: Costs of Birthday Cakes.Assume that fixed costs are $10.What is the average variable cost of four cakes?
A) $38.00
B) $10.00
C) $9.50
D) $8.00
Correct Answer:
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