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You are the owner of a small bread factory and are thinking of lowering costs and expanding. Your small-business advisors suggested that you first review your operations and make some technological changes. Complete the following:
Explain what a technological change is and how you can use it to lower your costs.
The next thing that your small business advisors asked you to do was to break down your costs and see what you can reduce.
Quantity of Workers
Quantity of Ovens
Quantity of Loaves of Bread Produced
Cost of Ovens
Cost of Workers Per Week
0
2
500
1
50
450
125
3
210
4
300
5
410
6
550
7
625
8
660
9
700
10
730
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