Dustin is planning to open a catering business give, Microeconomics

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Dustin is planning to open a catering business give

Problem

1. 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.

2. A shopkeeper explains to you that she keeps down the cost of running her business because her husband and sister work in the shop for free. Are her workers really free? Explain why or why not.

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Microeconomics: Dustin is planning to open a catering business give

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