Today we worked on the Supply Worksheet to reinforce Chapter 5 Supply Curve concepts.
As promised, here is the S/A response:
PART B: Short Answer Response
Directions: Answer the question below on a loose leaf.
1. Businesses must know what their overhead is in order to not go bankrupt. Describe what an overhead is and give examples of fixed costs that make an overhead. (3 points)
2. People engage in e-commerce – an electronic business conducted over the Internet. Give examples of ways you have engaged in e-commerce. List two products you've purchased online and your experience with e-commerce (3 points)
*note: you can come to class with this section already completed.
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