Watch this video, Revenue, Profits, and Price: Crash Course Economics #24, to help you prepare for this week’s discussion.
Use the company for which you currently work, a business with which you’re familiar, or the dream business you want to start to reply to these prompts:

  • Do you think it’s easy for your selected business to enter this same industry?
  • What are some key fixed, variable, implicit, and/or opportunity costs?

Discuss with your peers:

Never use plagiarized sources. Get Your Original Essay on
Cost and Competition: Do you think it’s easy for your selected business to enter this same industry?
Hire Professionals Just from $11/Page
Order Now Click here
  • Read one of your peer’s posts and share another idea for a type of cost.

Open chat
Lets chat on via WhatsApp
Hello, Welcome to our WhatsApp support. Reply to this message to start a chat.