In your initial post, include the image of your simulation report in your response. Then, address the following questions:

• Imagine you own your own business. Based on what you learned from the simulation, what factors would determine your entry and exit into a market?
• Applying the concept of marginal costs, how would you, as a business owner, decide how much to produce?
• How does the impact of fixed costs change production decisions in the short run and in the long run? Refer to the average total-cost (ATC) model included in the textbook to demonstrate.

History Round 1 2 3 4 5 Drive Today? Yes Yes No Yes Yes Drivers 4 5 6 5 8 Revenue per Hour $21 $18 $16 $18 $12 YourHours 10 9 N/A 9 6 Profit $46 $17 0 $17 -$28