This table describes the cost structure for a firm producing cakes. Q (number of cakes produced)...

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Answer 1

Answer #1

Ans) the correct option is a) $ 80

FC = ATC * Q - VC = 70* 2 - 70 = 70

ATC = ( FC + VC) / Q = ( 70 + 330)/5 = 80

Answer 2

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