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The rent for Oscar's sporting goods store is $2,500 per month.Oscar pays his staff $9 per hour,and his monthly electricity bill averages $700,depending on his total hours of operation.Oscar's fixed costs of production equal:
Trademark Registration
The process of officially recording a trademark with the relevant government authorities to protect the mark and assert exclusive rights over its use.
Trade Secret
Valuable, non-public information that gives a business a competitive advantage, protected by keeping it confidential.
Business Processes
Standardized sets of activities or tasks conducted by businesses to achieve specific goals or produce goods or services.
Trade Secrets
Confidential business information that provides an enterprise a competitive edge.
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