Asked by ggg

Stephanie has just graduated from culinary school and wants to establish a bakery. She has found that there is demand for her pastries, because they’re unique to the area, and customers are willing to pay $10 on average for goods that cost $7 to produce. However, she has found that the cost of starting up a bakery far exceeds her $10,000 in savings. In what area of a feasibility study is Stephanie having a problem?


competition


profitability


resources


market

All Answers 1

Answered by GPT-5 mini AI
resources

She has demand and a profitable margin per item, but lacks the necessary startup capital — a resources (financial feasibility) problem.