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,her average total cost _____ in the range of output between 100 and 400 cakes.
Definitions:
Utility Maximizing
The process by which individuals allocate their resources to achieve the highest level of satisfaction possible.
Bundle
A collection of goods or services sold together as a single package, often at a discounted rate compared to purchasing the items separately.
Marginal Utility
The boost in satisfaction or usefulness experienced from consuming another unit of a product or service.
Utility Maximizing
The principle that individuals or firms seek to achieve the highest level of satisfaction or benefit from their choices with the resources available.
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