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Adelphi University/Devry
Apr-2000 - Mar-2005
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Adelphi University
Sep-2007 - Apr-2017
"Looking Closely at Cost and Competition"
Watch this video, Revenue, Profits, and Price: Crash Course Economics #24, to help you prepare for this week’s discussion.
Reply to the following questions by referring to the company for which you currently work, a business with which you’re familiar, or the dream business you want to start:
·        What are some key fixed and variable costs for this business? What are some of the opportunity costs?
Discuss with your classmates:
·        Read one of your classmate’s posts and share your ideas on the costs identified by your classmate.
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