Table 7.6
$$\begin{array} { | c | c | c | c | }
\hline \text { Cakes } & \text { Variable Costs } & \text { Fixed Costs } & \text { Total Costs } \
\hline 0 & & \$ 10 & \
\hline 1 & \$ 2 & & \
\hline 2 & \$ 3 & & \
\hline 3 & & & \$ 16 \
\hline 4 & \$ 9 & & \
\hline 5 & \$ 10 & & \$ 20 \
\hline
\end{array}$$
-Refer to Table 7.6,which shows the costs of birthday cakes at a bakery.What is the average fixed cost of 5 cakes?
A)$2
B)$10
C)$17
D)$35,000
E)$13

Question

Table 7.6
 $$\begin{array} { | c | c | c | c | } 
\hline \text { Cakes } & \text { Variable Costs } & \text { Fixed Costs } & \text { Total Costs } \
\hline 0 & & \$ 10 & \
\hline 1 & \$ 2 & & \
\hline 2 & \$ 3 & & \
\hline 3 & & & \$ 16 \
\hline 4 & \$ 9 & & \
\hline 5 & \$ 10 & & \$ 20 \
\hline
\end{array}$$
-Refer to Table 7.6,which shows the costs of birthday cakes at a bakery.What is the average fixed cost of 5 cakes?
A)$2
B)$10
C)$17
D)$35,000
E)$13

Quizplus · Accepted Answer

The fixed cost is $10, and the average fixed cost for 5 cakes is $10/5 = $2.

Table 76 -Refer to Table 7