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For this team discussion, please share an example of a business with which you are familiar. It could be producing any good or service. For

For this team discussion, please share an example of a business with which you are familiar. It could be producing any good or service. For that business first describe the good or service produced and then give a specific example of:

1. Explicit fixed cost

2. Explicit variable cost

3. Implicit fixed cost

4. Implicit variable cost

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