The Sweet Success Bakery sells 500 cakes at a price of $10 per ...

[Evvie72]

Question 1

The Sweet Success Bakery sells 500 cakes at a price of $10 per cake. Its total economic costs for producing 500 cakes are $500. The Sweet Success Bakery's economic profits are

◦ $100.
◦ $3,500.
◦ $4,500.
◦ indeterminate from this information.

Question 2

The Sweet Success Bakery sells 500 cakes at a price of $10 per cake. Its total economic costs for producing 500 cakes are $500. The Sweet Success Bakery's economic profits are

◦ $100.
◦ $3,500.
◦ $4,500.
◦ indeterminate from this information.

[Brummell1998]

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[Evvie72]

Thanks for the timely response, appreciate it

[mochi09]

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