We are now implementing recycling laws, and we are finally starting to pay the real cost of disposal. Recycling is becoming a very popular cost-avoidance method of disposal.
Other expenses depend on how many cans the center collects. These are called variable costs.
1. Can you list some examples of fixed costs that a recycling center might have?
2. Can you list some examples of variable costs that a recycling center might have?
3. If a recycling center's fixed costs total $1,200 a month and 60,000 pounds are being processed, how much is being spent per pound for fixed cost?