This week, please imagine you are the seller of one product or service. Describe your product or service, list the price you charge, the variable cost, and several fixed costs for running your business. Then calculate how many units of this product/ service you will have to sell, so you can break even!

Consider studying these concepts to help you with the project:

• Definition and examples of variable cost
• Definition and examples of fixed cost
• Pricing strategies
• Break-even point

Post your results in the discussion board. You are encouraged to use the "Table" feature to show variable and fixed costs so they look organized. You can also record a video to discuss your thought process and your findings (if you do so, please also type a summary of your responses to help us visualize).