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JisselFlores JisselFlores
wrote...
Posts: 478
5 years ago

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.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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1 Reply
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Answer verified by a subject expert
zachcarytcriszachcarytcris
wrote...
Posts: 364
5 years ago
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JisselFlores Author
wrote...

5 years ago
Smart ... Thanks!
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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