Utilizing the concepts of this unit and the earlier units

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Reference no: EM13871472

Assume that you are going to start a small business of your own.

Describe the business and, utilizing the concepts of this unit and the earlier units, discuss:

  1. what costs you would incur;
  2. what competition you might experience;
  3. how you would determine the price you would sell your product; and,
  4. how much product you would produce?

 

 

Reference no: EM13871472

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