Use the Following to Answer Question

question 233

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 total cost?

• A)$8
• B)$10
• C)$15
• D)$22

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Globalized

Globalized refers to the process by which businesses, technologies, cultures, or ideas spread worldwide, leading to increased interconnectedness and interdependence among nations and peoples.

Overpopulation

Refers to a situation where the number of people outstrips the resources available to sustain them adequately.

Capitalism

An economic system characterized by private or corporate ownership of capital goods, investments determined by private decisions, and prices, production, and the distribution of goods determined mainly by competition in a free market.

Prosperous Regions

Geographic areas distinguished by high levels of wealth, economic activity, and overall well-being.