1. If there is no demand to sell protein powder, then Maria won’t have any expenses associated with it. If 100 members w

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1. If there is no demand to sell protein powder, then Mariawon’t have any expenses associated with it. If 100 members want tobuy protein powder each month, Maria will need to purchase 100bottles from her wholesaler. If 200 members want to buy it, thenshe’ll need to purchase 200 bottles. There is a direct link betweenher sales levels for protein powder and the expenses related tothose sales. These expenses would be referred to as ________.
total costs
variable costs
fixed costs
2. The instructor for the premium boot camp class chargesMaria $50 per class. However, a new fitness instructor approachesMaria about trying to teach at her gym. The instructor is just asqualified to teach as Maria’s current fitness instructor, and aftera detailed review of the new fitness instructors’ class Mariabelieves that both instructors are fit to teach the class. However,Maria cannot afford to keep both instructors. The new fitnessinstructor will only charge Maria $35 per class. Maria likes thatthe new instructor is cheaper and, in the end, goes with the newinstructor. Maria’s demand for a fitness instructor was________.
marginal
elastic
inelastic