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Problem-Based Learning (PBL) - BIBA_ 211129 154958.pdf (page 1 of 3) D- Q Q D Scenario 1: Preparation for New Business Shawn wants to start

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Problem-Based Learning (PBL) - BIBA_ 211129 154958.pdf (page 1 of 3) D- Q Q D Scenario 1: Preparation for New Business Shawn wants to start a new business by selling watermelon juice. In particular, he withdrew $500,000 of his saving from the commercial bank to cover his expense (for new business). Below is a list of costs associated with the production inputs: Table 1 Items Cost Rent (Location) $2,000 per day Wage $160 per hour Ingredient $6 per cup of juice Machine Rental $14 per day Electricity Fee $21 per hour Advertisement Fee $73 per day Straw $0.12 per straw Table Rental $5.5 per day Plastic Cup $0.7 per cup Plastic Cup Lids $0.1 per lid Plastic Bag $0.5 per bag Decoration Service Fee $35 per day Problem 1: Do we take into consideration the investment funds, Shawn's deposit ($500,000), when we compute the economic cost? Why

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