What are key fixed-variable-implicit-opportunity costs


Assignment:

Watch this video, Revenue, Profits, and Price: Crash Course Economics 24, to help you prepare for discussion.

Use the company for which you currently work, a business with which you're familiar, or the dream business you want to start to reply to these prompts:

1. Do you think it's easy for your selected business to enter this same industry?

2. What are some key fixed, variable, implicit, and/or opportunity costs?

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Finance Basics: What are key fixed-variable-implicit-opportunity costs
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