History: Michelle Obama's Handmade Bracelet Company, was created 2009 after President Obama was inaugurated. This company sells Michelle's handmade bracelets that she makes out of various fine stones on her free time. She does this out of volunteer work to raise money for her favorite charity every month. As you can see there are very little variable and fixed costs to her company because she works at home on her free time. The only real cost to her company is the cost of the supplies to make the bracelets.
I liked your idea and I thought you organized your thoughts well. Nice job
ReplyDeletemai,
ReplyDeletei liked your business idea! it's fun and creative! and you're right in your prospectus section to note that michelle will be popular for quite some time so as to continue to drive sales. your calculations look correct as do most of your graphs. the graph with average cost and marginal cost should not have slopes of zero, however. the slopes should be the value of each cost and the line of the marginal cost should start at the fixed cost value. other than that, good job!
professor little