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Title: Adam spent $10,000 on new equipment for his small business, "Adam's Fitness Studio." Membership at h Post by: Tidy on Jun 21, 2015 Adam spent $10,000 on new equipment for his small business, "Adam's Fitness Studio." Membership at his fitness center is very low and at this rate, Adam needs an additional $12,000 per year to keep his studio open. Which of the following is true?
A) The fixed cost of running the studio is $22,000. B) The variable cost of running the studio is $22,000. C) The $10,000 Adam spent on equipment is a fixed cost of business and the $12,000 he'll need to continue operations is a variable cost. D) The $10,000 Adam spent on equipment is the total cost of starting the business and the $12,000 he'll need to continue operations is a marginal cost. Title: Re: Adam spent $10,000 on new equipment for his small business, "Adam's Fitness Studio." Membership Post by: Smoooth on Jul 27, 2015 Content hidden
Title: Re: Adam spent $10,000 on new equipment for his small business, "Adam's Fitness Studio." Membership at h Post by: Smoooth on Aug 31, 2015 Don't mention it :-]
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