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Your business has just three costs rent of $1000 a month wages of $3000 for your sole employee and electricity which costs $500 a month If your monthly sales were $4000 what would you do

Your business has just three costs—rent of $1,000 a month; wages of $3,000 for your sole employee; and electricity, which costs $500 a month. If your monthly sales were $4,000, what would you do (a) in the short run and (b) in the long run?

Apr 24 2020 View more View Less

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