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Suppose Sarah owns a small company that makes wedding cakes. The table below shows how Sarah's total cost varies depending on the number of wedding cakes she makes each day. The bakery business is competitive.
a) Compute average fixed costs, average variable costs, and the marginal cost of Sarah's bakery.
b) If each cake sells for $125, compute Sarah's profit/loss.
c) If Sarah's fixed costs for up by $200, in the short run, should she continue production or should she close her bakery? Why?
Harrison refused, contending that risk of loss remained with Ninth Street because of its refusal to deliver the merchandise to Harrison's place of business. Discuss whether the risk of loss passed from Ninth Street to Harrison.
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Miller Manufacturing has a target debt-equity ratio of .45, Its costs of equity is 13 percent, and its cost of debt is 7 percent. If the tax rate is 34 percent what is the company's WAAC
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Pamela and her friends, who are residents ofCalifornia decided to go to Vegas (Nevada) and celebrate her 25th Birthday. They checked into hotel WIN WIN :-) and after sight seeing they decided to go gamble. Pamela was sitting underneath a big chandeli..
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