Question: 1 . Describe the cost ( if another student has already used your example, please choose a different one ) . . 2 . If

1 .

Describe the cost

(

if another student has already used your example, please choose a different one

) . . 2 .

If variable, what causes it to vary? If fixed, why doesn't it vary?

3 .

How do changes in volume impact TOTAL COST and COST PER UNIT? If you are unfamiliar with real life examples, you are free to use a hypothetical business that operates in an ind? that interests you.

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