Effie the entrepreneur takes 1.5 hours to bake a batch of cupcakes and she bakes 300 batches per year. She uses a special oven that will last forever and could be sold for $15,000 at any time. Effie could earn $25 per hour as a personal trainer. The interest rate is 8 percent. Given her current output level, her average cost is $. 33.5 40.5 37.5 O41.5

Effie the entrepreneur takes 1.5 hours to bake a batch of cupcakes and she bakes 300 batches per year. She uses a special oven that will last forever and could be sold for $15,000 at any time. Effie could earn $25 per hour as a personal trainer. The interest rate is 8 percent. Given her current output level, her average cost is $. 33.5 40.5 37.5 O41.5

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter7: Economies Of Scale And Scope

Section: Chapter Questions

Problem 7.5IP

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WHY BARTLEBY IS TAKING MORE THAN 2 DAYS TO ANSWER ONLY ONE QUESTIONS. FOR THE LAST 2 WEEKS YOU ARE DOING THE SAMETHING TAKING FEWS DAYS TO ANSWER ONLY ONE, IF I INCLUDE 2 QUESTIONS, WHEN IT TAKES TO MUCH TIME AND I'M THINKING THAT MIGHT BE ANSWERING BOTH QUESTIONS BECAUSE OF THE TIME, WHEN IT SAYS THAT THEY ANSWER THE FIRST QUESTIONS. I'M GETTING FRUSTADED WITH BARTLEBY.