Author Question: The Sweet Success Bakery sells 400 cakes at a price of $10 per cake. Its total economic costs for ... (Read 159 times)

jrubin · **on:** Apr 19, 2019

Question 1

The Sweet Success Bakery sells 400 cakes at a price of $10 per cake. Its total economic costs for producing 400 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 400 cakes at a price of $10 per cake. Its total economic costs for producing 400 cakes are $500. The Sweet Success Bakery's economic profits are

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

Jody Vaughn · **Reply #1 on:** Apr 19, 2019

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