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Currently, you’re only funding for your business has come from your rich relative. What are the risks involved in this funding situation? If you didn’t have a rich relative upon whom to rely for start-up funding, you could have pursued…

What four basic conditions characterize a competitve market? The short-run marginal cost of the Ohio Bag Company is 2Q. Price is $100. The company operates in a competitve industry. Currently, the company is producing 40 units per period. What is…