Your richrelative died and left you $100,000, which you decided to use for your own Internet business.
What will be your fixed and variable costs? Briefly discuss.
As a farmer, you must decide how many times during the year to plant a new crop. Also, you must decide how far apart to space the plants.
Will diminishing returns to be a factor in your decision making? Briefly discuss.
How does having a menu that is uniform around the country provide McDonald's with economies of scale? Briefly discuss.