The Above Table Shows the Probability Distribution of Cake Sales

question 143

Multiple Choice

The above table shows the probability distribution of cake sales at Busy Betty's Bakery.
-Refer to the table above. Busy Betty sells her cakes for $20 each and her constant marginal cost to produce each cake is $12, which is equal to her (constant) average total cost. If she does not sell a cake the day she makes it, she sells it as day- old cake for $10. What is her expected marginal cost of holding the 22nd cake in inventory?

• A)$1.20
• B)$2.00
• C)$0.80
• D)$0.40

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Definitions:

Negative Symptoms

Features typically associated with schizophrenia or similar disorders, characterized by a lack or decrease of normal functions, such as apathy or lack of emotion.

Schizophrenia

A severe mental disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Atypical Neuroleptics

are a class of antipsychotic drugs designed to treat psychiatric conditions, known for causing fewer side effects compared to traditional neuroleptics.

Neuroleptic

A class of drugs used to treat psychiatric disorders, known for their ability to reduce agitation and aggression.