Explanation: Pick a pretend or actual side job that you might have (ideas at the bottom of this assignment) Explain the job and list examples of each kind of cost Assignment One to three sentences describing your side job - Three examples of fixed costs - Three examples of variable costs One example of a marginal cost (one cost that would be used as a marginal cost in your business, not all of the marginal costs) One example of an average cost (put down one cost that would be used to calculate an average cost in your business, not all of average costs) One example of a sunk cost (put down one cost that could become a sunk cost once purchased) One example of an opportunity cost (put down one example of the opportunity cost of making these purchases) - Three examples of recurring costs - Three examples of non-recurring costs One example of incremental cost One example of a cash cost One example of a book cost - Two examples of life-cycle costs (two examples of things that could be analyzed for life-cycle costs) (For each kind of cost include explanation/details about the cost and estimated prices)