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Question 3 (CLO1,2,3) : Fixed and variable costs are the two common costs in any business. As the founder of a Startup company in Malaysia,

Question 3 (CLO1,2,3):

Fixed and variable costs are the two common costs in any business. As the founder of a Startup company in Malaysia, critically weigh the impact of having high fixed costs in the business.

Provide examples of the fixed and variable costs for the startup business.

(25 Marks)

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