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Author Question: The Sweet Success Bakery sells 400 cakes at a price of $10 per cake. Its total economic costs for ... (Read 158 times)

jrubin

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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.


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Marked as best answer by jrubin on Apr 19, 2019

Jody Vaughn

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jrubin

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


lkanara2

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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