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Maddie Noticed That Many Students on Campus Had T-Shirts and Sweatshirts

question 51

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Maddie noticed that many students on campus had t-shirts and sweatshirts with Greek organization letters or club names on them. Recognizing that there was a huge market for this attire, Maddie rented a store front and a silk screening machine to get into the t-shirt business. Maddie's rent is $1,000 a month, including utilities. The silk screen machine leases for $300 a month. Maddie can buy blank t-shirts for $6 each and sweatshirts for $10 each. Maddie calculated the cost of materials for the silk screening at $2 per unit. Considering only the figures presented above, what are Maddie's fixed costs?


Definitions:

Social Environment

The surroundings characterized by social relationships and culture that people operate within.

Dynamic Interactions

Interactions that are active and changing, involving continuous exchange and influence among individuals or systems.

Adversity

A state of hardship or affliction; challenges or difficulties one encounters.

Resiliency

The capacity to recover quickly from difficulties or adapt to change.

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