Here is a chance for each of you to apply what we are learning to your real life

Question # 00249349 Posted By: kimwood Updated on: 04/12/2016 10:38 AM Due on: 05/12/2016
Subject Economics Topic General Economics Tutorials:
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Please respond to the following:

  • Here is a chance for each of you to apply what we are learning to your real life. If you are a business owner, a manger in a business, a department head and there are lots of you in the class, you have a budget and you make decisions that effect fixed and variable costs. Share some of your insights on decisions that effect costs.
    • OR
  • If you are thinking about owning a business here is a chance to think about what some of the costs of that business will be. Suppose you are asked by an investor to list some of the major costs of getting started, what would you say?
  • Or simply think about that dream job you hope to land. Be ready to tell an interviewer about the relevant fixed and variable costs.
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Tutorials for this Question
  1. Tutorial # 00244583 Posted By: kimwood Posted on: 04/12/2016 10:38 AM
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    of that business will be. ...
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