Business, 05.11.2019 01:31, imaniii88

Laura is a gourmet chef who runs a small catering business in a competitive industry. laura specializes in making wedding cakes. if laura sells 20 wedding cakes per month, her monthly total revenue is $5,000. the marginal cost of making a wedding cake is $200 (for the 19th, 20th, and 21st cakes) and there are no fixed costs. in order to maximize profits, laura shoulda. make more than 20 wedding cakes per month. b. make fewer than 20 wedding cakes per month. c. continue to make 20 wedding cakes per month. d. we do not have enough information to answer the question.

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Laura is a gourmet chef who runs a small catering business in a competitive industry. laura speciali...