Use the Following to Answer Question

question 284

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

• A)$10,000
• B)$1,000
• C)$15
• D)$10

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Definitions:

Dog Blinking

A reflex or voluntary action in dogs to protect their eyes from foreign bodies or express emotions, not a widely recognized behavioral study term.

Law of Effect

Law stating that if an action is followed by a pleasurable consequence, it will tend to be repeated, and if followed by an unpleasant consequence, it will tend not to be repeated.

Thorndike

An American psychologist who developed the law of effect and is known for his work in learning theory and educational psychology.

Operant Conditioning

A type of learning where behavior is controlled by consequences, including rewards for positive actions and punishments for negative actions.