(Table: Costs for Birthday Cakes) Annie has a bakery that specializes in birthday cakes, and her variable costs of producing cakes are shown in the table Costs of Birthday Cakes.Assume that her fixed costs are $10.The point of diminishing returns occurs at what output?
A)2
B)3
C)4
D)5

Question

(Table: Costs for Birthday Cakes) Annie has a bakery that specializes in birthday cakes, and her variable costs of producing cakes are shown in the table Costs of Birthday Cakes.Assume that her fixed costs are $10.The point of diminishing returns occurs at what output?
A)2 
B)3 
C)4 
D)5

Quizplus · Accepted Answer

The Answer of   (Table: Costs for Birthday Cakes) Annie has a bakery that specializes in birthday cakes, and her variable costs of producing cakes are shown in the table Costs of Birthday Cakes.Assume that her fixed costs are $10.The point of diminishing returns occurs at what output?
A)2 
B)3 
C)4 
D)5

(Table: Costs for Birthday Cakes) Annie Has a Bakery That