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03.07 Taking Care of Business What's the Big Idea? DBA Prep For this DBA. you will answer each of the questions listed below. You may

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03.07 Taking Care of Business What's the Big Idea? DBA Prep For this DBA. you will answer each of the questions listed below. You may type your responses on a Microsoft Word Document, Type in the Text- Entry Box, or handwrite your reponses on a piece of paper. Topic 1: Factors of Production Possible Businesses: (T-shirt Company, Cell Phone Company, or Salon/Barber Shop) You will choose one (1) of the businesses and provide examples of what might be needed for that business from each of the four (4) factors of production (capital, entrepreneurship, labor, land). Topic 2: Marginal Cost Analysis Explain how marginal cost analysis works and what a business owner would be trying to determine by using it. Grading: Please note that all Independence HS DBAs use a standard rubric, which you will see when you open the DBA activity on the next page. it does not use the rubric found on the previous page

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