Use the Following to Answer Question

question 81

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 3 mixers and bakes 100 cakes per day,what is her average fixed cost?

• A)$4
• B)$25
• C)$2,496
• D)$10,000

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Definitions:

Judgment

A cognitive process where conclusions are made based on criteria and evidence.

Self-governing

Having the ability or authority to rule, govern, or control oneself or an organization without external control.

Scope of Practice

The boundaries defining the extent of activities, services, and responsibilities a professional is permitted to perform based on qualifications, training, and licensure.

Paradigm

A paradigm is a distinct set of concepts or thought patterns, including theories, research methods, postulates, and standards for what constitutes legitimate contributions to a field.