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Imagine that you own a small retail store in Oregon today. You have both fixed and variable costs. What would you do to try to
Imagine that you own a small retail store in Oregon today. You have both fixed and variable costs. What would you do to try to stay afloat during our current pandemic? Consider changes in revenue, what you may be able to do to minimize variable costs, and whether there may be any fixed costs that may be considered to be discretionary (this term is in Chapter 1). Also comment on the impact on your employees.
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