Essay Available:
Pages:
1 page/≈275 words
Sources:
2 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Reaction Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.75
Topic:
BUS 530 MOD 2 WK 2 Response
Reaction Paper Instructions:
As a follow-up to your first post, try using one of the tutorials that your classmates found and share your thoughts. SEE ATTACHED
Reaction Paper Sample Content Preview:
BUS 530 MOD 2 WK 2 Response
NameCourse
InstructorDate
Caroline Post
In Pearson’s lesson text version of the “ Economic Concepts: Production and Cost” there is focus the economic costs of a firm, the short-run and long-run cost curves, market perfect competition and what influences firms' short-run and long-run decisions. The text version includes links to the lessons and one can go back, which makes it easier to understand the relationship between the economic concepts.
In Aarwin's World of Finance “Fixed costs/Marginal cost/Total cost/Average cost/Variable cost – CFA Level 1”. Understanding the variable costs, fixed costs and total costs as well as the average variable, fixed and total costs helps to determine how changes in activities affect the costs. Variable costs fluctuate directly with changes in the level of activity, increasing or decreasing in the same direction and proportionally. Fixed costs remain constant even with changes in the level of activity within a certain range.
Marisol Post
Cost analysis is important to control the costs. There are different ways of categorizing costs, including differentiating the implicit and explicit cost, and this helps to determine the potential loss of income. The explicit cost is linked to the real, tangible and measurable transactions as it can easily be identified and accounted for in a business and...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
👀 Other Visitors are Viewing These APA Reaction Paper Samples:
- State the legal issue of the case. IRAC. Reaction Paper2 pages/≈550 words | 1 Source | APA | Business & Marketing | Reaction Paper |
- Marketing Reaction Paper on Strengths Finder Report2 pages/≈550 words | No Sources | APA | Business & Marketing | Reaction Paper |
- If You Have Been On A Dysfunctional Team, Describe Your Experience6 pages/≈1650 words | 2 Sources | APA | Business & Marketing | Reaction Paper |
- Significance of ethics-based decision making on business environment1 page/≈275 words | No Sources | APA | Business & Marketing | Reaction Paper |
- Differences Of Advertisement: China Vs Western Countries2 pages/≈550 words | 1 Source | APA | Business & Marketing | Reaction Paper |
- Challenge Paper: Implicit Association Test4 pages/≈1100 words | 2 Sources | APA | Business & Marketing | Reaction Paper |
- Supply and Demand Writing Assignment 3 pages/≈825 words | 1 Source | APA | Business & Marketing | Reaction Paper |