Imagine That You Are an Entrepreneur, Making Designer T-Shirts in Your

question 25

Multiple Choice

Imagine that you are an entrepreneur, making designer t-shirts in your garage. Your total cost (in dollars) is given by the equation TC = 300 + 10Q, where Q represents the number of t-shirts you make. Your fixed cost is $________, and your marginal cost is $________.

• A)300; 10
• B)300; Q30
• C)300; 10Q
• D)300; Q10

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Definitions:

Complimenting The Receiver

Offering praise or positive feedback to the person receiving a message or communication.

Unhappy Customers

Individuals who are dissatisfied with the goods or services they have received, which can impact business reputation and success.

Employee's Goal

Specific, measurable objectives set by employees, often in agreement with their managers, aiming towards personal and professional development.

Resale

The process of selling a product or service again, often after buying it from the original seller or manufacturer.