Table: Cakes Number of misers Fised Average Variable Cest Cests $1.000 S10 1,500 2,500 Use Table: Cakes. Pat is opening a bakery to make and sell special birthday cakes. She is trying to decide how many mixers to purchase. Her estimated fixed and average variable costs if she purchases 1, 2, or 3 mixers are shown in the table. Assume that average variable costs do not vary with the quantity of output. If Pat purchases 1 mixer and bakes 100 cakes per day, what is her average fixed cost? $15 $10,000 $1,000 $10

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A: Answer in step 2.

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A: Fixed cost = 69 euro Variable cost = 0.20 euro/plant sales price = 0.50 euro/plant

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A:

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