04 Jun WEEK 1 What is the opportunity cost of attending college for
Question
WEEK 1
What is the opportunity cost of attending college for you? What is the best alternative you give up to attend college?
Submit your initial post by midnight, Day 3. Please respond to 2 of your classmates’ posts by midnight, Day 7.
WEEK 2
How would you define “division of labor,” and why is this important in our economic system? In your answers, provide examples from your personal experience.
Submit your initial post by midnight, Day 3. Please respond to two of your classmates’ posts by midnight, Day 7.Expand all/collapse all
WEEK 3
Movie theaters, airlines, and many other businesses like to charge customers different prices based on time of the day, age, and purchase dates. Why?
Provide an example of a price discrimination for a good or service that you thought it to unfair. Do you still believe that the discrimination is unjustifiable?
Submit your initial post by midnight, Day 3. Please respond to two of your classmates’ posts by midnight, Day 7
WEEK 4
For this week’s discussion, come up with an example of diminishing marginal utility you’ve encountered recently.
Submit your initial post by midnight, Day 3. Please respond to two of your classmates’ posts by midnight, Day 7….
WEEK 5
n terms of your study in this course, how might you know that you are at a point of diminishing returns, or where more study will not benefit you like it did before? Can you identify any of the costs discussed in this lesson in your decision about how much study is enough?
Submit your initial post by midnight, Day 3. Please respond to two of your classmates’ posts by midnight, Day 7.
UNIT 6 FORUM
Discussion 6: Profits and the Shut Down Decision ( 55 messages – 50 unread)Hide Full DescriptionWhy might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development? What kinds of costs are involved in making a decision to shut down?
Submit your initial post by midnight, Day 3. Please respond to two of your classmates’ posts by midnight, Day 7.
FORUM 7
How would a low-cost price leader enforce its leadership through implied threats to a rival? Provide at least one example of such a strategy.
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