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ECN 360 Grand Canyon Week 1 Discussion

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ECN 360 Grand Canyon Week 1 Discussion

ECN 360

ECN 360 Grand Canyon Week 1 Discussion 1

Is price elasticity of demand at GCU elastic or inelastic? What could you do to find out?

 

ECN 360 Grand Canyon Week 1 Discussion 2

Most managers and executives believe their firm has an opportunity to take advantage of economies of scale; however, many firms do not. Slect one of the questions below and respond.

  1. How could you determine if your firm has economies of scale?
  2. What type(s) of firms typically have economies of scale? Which do not?
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