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

A. $100.
B. $3,500.
C. $4,500.
D. indeterminate from this information.


Answer: C

Economics

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What will be an ideal response?

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If the interest rate were 10 percent, how much would people be willing to pay for a stock that was certain to yield a $2 per share stream of net earnings continuously in the future?

a. $2 b. $10 c. $20 d. $100

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Vault cash would be considered

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