Costs and revenues

Costs and Revenues Chapter 18 Section 2 Indicators used to decide how MUCH TO PRODUCE

Summer ,[object Object],[object Object]

How to Make a Glass of Lemonade ,[object Object],[object Object],[object Object],[object Object],[object Object]

A Trip to the ACME ,[object Object],[object Object],[object Object],[object Object],[object Object]

What are some other expenses? ,[object Object],[object Object],[object Object]

What is Cost? ,[object Object],[object Object],[object Object]

Fixed Cost ,[object Object],[object Object]

Variable Costs ,[object Object],[object Object],[object Object]

Total Costs ,[object Object],[object Object],[object Object]

Marginal Costs ,[object Object],[object Object]

Revenue ,[object Object],[object Object]

Total Revenue ,[object Object],[object Object],[object Object],[object Object]

Marginal Revenue ,[object Object],[object Object]

Marginal BENEFIT ,[object Object],[object Object]

Cost Benefit Analysis ,[object Object],[object Object],[object Object]

ACME Lemon Prices ,[object Object],[object Object],[object Object],[object Object],[object Object]

Lets say you bought a case of 40 lemons ,[object Object],[object Object],[object Object]

Lets say a 41 st customer walked up… ,[object Object]

Dunkin Donuts ,[object Object]

So your 41 st Lemonade cost: ,[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object]

[object Object],[object Object]

What NEXT? ,[object Object],[object Object],[object Object]

Average Customers (by hour) June 2008 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Costs and revenues

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