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4. A business produces and sells 4,000 teddy bears per month at $20/bear. Costs include: $10,000 on raw materials and $25,000 in hourly wages to
4. A business produces and sells 4,000 teddy bears per month at $20/bear. Costs include: $10,000 on raw materials and $25,000 in hourly wages to sales people. If we assume that the business is just breaking even, what are its fixed costs? a. $35,000 b. $40,000 C. $45,000 d. $50,000
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