1. Describe a fixed cost and provide two examples of fixed costs related to Tesla's production line. As a class we should be able to come up with many more than just two examples, so please don't copy the textbook! Note that your examples must be related to production, so stating that the salary of a marketing manager would be incorrect.
2. Describe a variable cost and provide two examples of variable costs related to Tesla' production line. Note that your examples must be related to production, so stating that the hourly wages of an accounting intern would be incorrect.