Answer :

Final answer:

The question regarding the marginal cost of the 4th cake at Betty’s Bakery cannot be answered with the provided data on the Raspberry Farm; marginal cost is calculated as the cost difference between producing an additional unit and the previous total.

Explanation:

To determine the marginal cost of the 4th cake at Betty’s Bakery, we need specific cost data associated with the production of the cakes. The question regarding the marginal cost of the 4th cake at Betty’s Bakery cannot be answered with the provided data on the Raspberry Farm; marginal cost is calculated as the cost difference between producing an additional unit and the previous total.

Unfortunately, the information provided related to the Raspberry Farm and its market conditions for frozen raspberries does not give us the necessary details to answer this question.

Marginal cost typically refers to the cost of producing one additional unit of a good. In this case, we would need to know the cost of producing the third cake and the total cost of producing four cakes. The difference between these two amounts would represent the marginal cost of the fourth cake.

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Rewritten by : Barada