Create a 10-minute presentation (at least 1-minute of content per slide) that illustrates a business example using research data. You may use any presentation software or tool to develop the presentation (e.g. PowerPoint, Prezi, Google Slides, etc.).
For the presentation, you will create a business that produces a product or service.
In the presentation, address the following:
Create a table showing sample fixed and variable costs and output at different levels of factor inputs. Clarify where the increasing, constant, and diminishing marginal returns are. Note where the most efficient output level is. Analyze cost data and make an attempt at sensitivity analysis changing data valued based on a realistic scenario (healthcare costs, minimum wage, etc.).
Sample Solution