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


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:

What costs you would incur;

What competition you might experience;

How you would determine the price you would sell your product; and,

How much product you would produce?

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Business Economics: Assume that you are going to start a small business of your
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