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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 21
Dustin is planning to open a catering business. Give examples of a one-time fixed cost, an ongoing fixed cost, and a variable cost his new catering business might incur.
Explanation
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Fixed cost:
The Cost which is fixed irr...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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