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Author Question: Alicia spends $20,000 on remodeling a storefront that she then opens as a flower shop. Her business ... (Read 119 times)

mcmcdaniel

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on: Apr 19, 2019

Alicia spends $20,000 on remodeling a storefront that she then opens as a flower shop. Her business has not been very successful, and she needs an additional $8,000 to keep the flower shop. Which of the following is 
true?


◦ The $20,000 Alicia spent on remodeling represents a part of the total variable cost of her business.
◦ The $8,000 represents her marginal costs of production.
◦ The $20,000 Alicia spent on remodeling is a fixed cost of her business.
◦ The $8,000 Alicia needs to keep the flower shop open represents her total fixed costs.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mcmcdaniel on Apr 19, 2019

swimkari

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mcmcdaniel

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
Wow, this really help

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