"It costs a lot of money to make an album in a studio in New York with a producer and musicians. I have to pay a publicist every month. I have to pay for mastering, production, the manufacturing of the discs. Then, to promote an album properly, you have to spend a lot of money." -- Juliana Hatfield

Discuss what parts of production, and which parts are fixed and variable in assessing this example.

Answer rating: 100% (QA)

In the example provided by Juliana Hatfield the fixed costs associated with album production ... View the full answer