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Author Question: The Cakery Bakery sells 200 muffins at a price of $2 per muffin. Its explicit costs for producing ... (Read 74 times)

geoffrey

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Question 1

The Cakery Bakery sells 200 muffins at a price of $2 per muffin. Its explicit costs for producing 200 muffins are $350. The Cakery Bakeryʹs economic profits are


◦ $35.
◦ $50.
◦ $400.
◦ indeterminate from this information.

Question 2

The Cakery Bakery sells 200 muffins at a price of $2 per muffin. Its explicit costs for producing 200 muffins are $350. The Cakery Bakeryʹs economic profits are


◦ $35.
◦ $50.
◦ $400.
◦ indeterminate from this information.


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Marked as best answer by geoffrey on Apr 19, 2019

AngeliqueG

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