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question 49

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Use the following to answer question: 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 400 cakes per day,what is her average fixed cost? A) $0.05 B) $2.50 C) $5.00 D) $6.25
-(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 400 cakes per day,what is her average fixed cost?


Definitions:

Imitation

The action of using someone or something as a model and attempting to replicate their behavior, actions, or attributes.

Operant Conditioning

A teaching mechanism in which the intensity of an action is altered through positive reinforcement or negative consequences.

Classical Conditioning

An educational method where a response becomes conditioned by pairing an external trigger with an inherently occurring trigger, resulting in conditioned behavior.

Discriminate Colors

The ability to distinguish and differentiate between colors, an important aspect of human visual perception.

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