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-(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 2 mixers and bakes 100 cakes per day,what is her average fixed cost?
Commute Time
The duration it takes for an individual to travel from their home to their place of work or study.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values; a low standard deviation indicates that the values tend to be close to the mean.
Quality Control
A process through which a business seeks to ensure that product quality is maintained or improved with either reduced or zero errors.
Unpopped Kernels
Corn kernels that remain hard and unexpanded after an attempt to pop them, usually due to insufficient heat.
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