What might be some of the fixed or variable costs associated with banana production?

Pick a good or a service…..say…..Bananas!
Think about the Banana market in regards to things that we have learned in class. Do some research and start talking about what you think and how what we learn applies to phenomenon in your Banana market.
For Example….think about what we learned about Demand. Are bananas normal or inferior goods? Are bananas elastic? What are their complements (Sundaes!!!) or their substitutes? Now, do the same for Supply.
Expanding on that example, walk through the chapters that we covered and continue thinking about your bananas. ie. Are there banana tariffs or trade barriers? Where do we get bananas? What might be some of the fixed or variable costs associated with banana production? Are bananas a competitive market? Monopoly?AND BIGGEST THING FOR EVERYTHING YOU DISCUSS IS “WHY??”
I am only looking for a few pages and much of the information on the subjects might be things you already know so the primary thing I am really asking for you to do is simply show me that you learned something that you can then take away and use in the future.
Beyond this, make sure you follow the research project guide attached below!

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