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Home Q & A Board Other Fields Homework Help Business Economics
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apadong apadong
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7 years ago
Dana spends $10,000 on remodeling a storefront that she then opens as a shoe store. The business has not been very successful, and she needs an additional $3,000 to keep the shoe store open. Which of the following is TRUE?
A) The $3,000 Dana needs to keep the deli open represents her total fixed costs.
B) The $10,000 Dana spent on remodeling is a fixed cost of her business.
C) The $3,000 represents her marginal costs of production.
D) The $10,000 Dana spent on remodeling represents a part of the total variable cost of her business.
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goldlilysgoldlilys
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7 years ago
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apadong Author
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#2
7 years ago
Thx
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