1.In the following questions, you will do some research and planning for the launch of your new blender. In order to launch your new appliance business, you need to first convince your investors with some market research.There are few considerations you should make.
In four well developed paragraphs using the highlighted vocabulary, respond to the following questions.
How do production costs impact your profit? Will advertising also impact your profit margins? Identify and describe other costs associated with trying to produce, market, and sell a product? How will these impact your profit?
Will it always be the case that the more of an item you produce and sell, the more profit you will make? How do businesses determine their breakeven point and calculate losses?