What is a fixed cost for a plant? What are variable costs?

As we begin to consider some parallels between the business world and the natural world, we can identify some very similar patterns in extinction, adaptation, and supply and demand in both. For example, an organism faces many challenges as it attempts to survive in the natural world, just as a business will struggle to succeed […]

What is a fixed cost for a plant? What are variable costs? Read More ยป