Dustin is planning to open a catering business. Indicate if each of the following examples represents a one-time fixed cost, an ongoing fixed cost, or a variable cost that his new catering business might incur. The van he purchases to transport food and equipment to catering jobs i (Click to select)
The cardboard boxes he uses when delivering boxed lunches are (Clickt a one-time fixed cost.
The kitchen space he rents to prep meals is (Click to select) an ongoing fixed cost. a variable cost.
The monthly ad in a local magazine is (Click to select)
The groceries he purchases for the meals he makes is ( (Click to select) )

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know