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Ayesha, a baker of apple pies, can make a pie from one pound of apples and one hour of paid labor. Apples are $5/pound and
Ayesha, a baker of apple pies, can make a pie from one pound of apples and one hour of paid labor. Apples are $5/pound and labor is $2/hour. She can bake up to 50 pies per day in an oven she rents for $100 per day, in a one-year lease. Each pie sells for $8. *Use the above information. Answer in this format: - (minus) should be after S, for example S-9999 (use an integer number). So, just type -9999 I .00 1. What are the fixed costs when 50 pies are produced? Answers 200 2. What are the average variable costs when 50 pies are produced? Answers 200 3. What is the profit if 50 pies are sold? Answers 4. Does Ayesha shut down her bakery immediately? (Type "Yes" or "No") no
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