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chomtong chomtong
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7 years ago
Amy spends $5,000 on remodeling a storefront that she then opens as a take-out deli. Business has not been very successful, and she needs an additional $1,000 to keep the deli open. Which of the following is TRUE?
A) The $5,000 Amy spent on remodeling represents a part of the total variable cost of her business.
B) The $1,000 represents her marginal costs of production.
C) The $5,000 Amy spent is a fixed cost of her business.
D) The $1,000 Amy needs to keep the deli open represents her total fixed costs.
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DeToXiFYDeToXiFY
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7 years ago
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4 years ago
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