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  3. imagine that you are the owner of a cookie factory

Imagine that you are the owner of a cookie factory. In your first paragraph, provide examples...

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Economics

Imagine that you are the owner of a cookie factory. In yourfirst paragraph, provide examples of four production costs of yourcookie factory. Which costs are fixed costs? Which costs arevariable costs? In your second paragraph, provide two examples ofbusiness decisions that are affected by your costs. Clearly justifyyour answer.

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4 production costs of the cookie factory are 1 Raw material cost of making the cookies VARIABLE COST 2 Labour cost for the workers making the cookies FIXED COST 3 Capital cost for building the plant FIXED COST 4 Packaging cost for packing the    See Answer
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