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my product is honey Identify two variable costs involved in making your product and explain what makes them variable costs. Identify two fixed costs involved
my product is honey
Identify two variable costs involved in making your product and explain what makes them variable costs. Identify two fixed costs involved in making your product and explain what makes them fixed costs. Identify one mixed cost involved in making your product and explain why you consider it to be a mixed cost. Thinking about the mixed cost you identified, and the mixed cost function, where y = a + xb, explain how each component (y, a, x, b) relates to your mixed cost. Again, thinking about your mixed cost, and the idea of a relevant range, identify some constraints within the production of your project that would help determine the # of units of production that represent both the minimum and maximum boundaries of your mixed cost's relevant range Step by Step Solution
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