Economics Homework Help

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ECO 6150 CMU Business with A High Fixed Costs Discussion

 

Learning Engagement #4

Topic: Fixed costs

Question: Give an example of a business with a high fixed cost. What are the pros and cons of running a business with high fixed costs instead of high variable costs?

PROFESSOR’S GUIDANCE FOR THIS WEEK’S LE:

Costs of running a business can be divided into fixed costs and variable costs. Fixed costs as the name indicates, remain the same whatever quantity of goods and services are produced.

1. Please make sure that you read the relevant chapter from the textbook

2. Watch the YouTube videos for this week and additional course material provide

Be sure to proofread carefully (Use Grammarly – the premium version! Make sure your writing score is more than 90) and cite your sources (APA 7.0 ed).


NOTE:


  1. post your 300-400 word
  2. Offer at least two 100-200 word comments (replies) to posts from your peers’ discussions
  3. you will be graded using the following rubric and standard