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Imagine that you own your own business, or you are the manager of a company

Economics

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Imagine that you own your own business, or you are the manager of a company. Please tell us about your firm , explain the product the production process. Please refrain from using theexamples discussed in class (pizza shop, web design company, etc). Please provide concrete examples of the fixed costs and variable costs that are sp ecific to YOUR firm. Please provide an example of sunk costs in YOUR firm and explain why they are sunk costs. and add more information about the fixed cost, variable cost and sunk cost pleas