- Question 3 Ahmad Has Recently Started A New Bread Making Business As An Analyst Assist Ahmad In Providing An Overview 1 (285.61 KiB) Viewed 9 times
Question 3 Ahmad has recently started a new bread-making business. As an analyst, assist Ahmad in providing an overview of what is going on in the production. a) In the short run, the following cost was incurred by a bread factory. State whether each cost is a fixed or variable cost. D ii) iv) v) Salary of employees Rent of factory Cost of power Interest on a loan Flour and butter b) Differentiate between short-run and long-run production. (5 Marks) (5 Marks)