Discussion: Your Hypothetical Firm

What is your firm called?

What would it produce?What inputs and capital would you need?What would your fixed costs be and how much would your variable costs be for 100 units?What are your total costs for the first 100 units?How much would you sell your product for?How many years do you think it would take to turn a positive accounting or economic profit?

Estimates are fine.You can be as creative as you wish.