Use the Following to Answer Question

question 87

Multiple Choice

Use the following to answer question:
-(Table: Cakes) Use Table: Cakes.Pat is opening a bakery to make and sell special birthday cakes.She is trying to decide how many mixers to purchase.Her estimated fixed and average variable costs if she purchases 1,2,or 3 mixers are shown in the table.Assume that average variable costs do not vary with the quantity of output.If Pat purchases 1 mixer and bakes 400 cakes per day,what is her average total cost?

• A)$2.50
• B)$10
• C)$12.50
• D)$1,010

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Definitions:

Age

The length of time that a person or object has existed, typically measured in years from the date of birth or creation.

Factorial Design

A research strategy enabling the examination of the effects of two or more independent variables on a dependent variable simultaneously.

Interactions

The effects that occur when two or more variables influence each other in an experiment or study.

Main Effects

The direct, independent impacts of individual variables on a dependent variable in a statistical model.