Problem
Your business has just three costs-rent of $1,000 a month; wages of $3,000 for your sole employee; and electricity, which costs $500 a month. If your monthly sales were $4,000, what would you do (a) in the short run and (b) in the long run?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.