Auto Industry Bailout – did I hear that right?

Auto Industry: Help! We need 25 Billion dollars right away, or we are going out of business. Congress: Hold on here folks. You don't even have a plan. Think this through and get back to us. Auto Industry: You were Continue reading

Throw the bums out!

The land of the free and the home of the brave… unless a housing bubble bursts and credit markets tighten up. For all our attempts to spread democracy with individual freedom, property rights, and opportunities afforded by capitalism, we don't Continue reading

Questions from a Managerial Economics student – competition, monopoly, demand curve

Calculate Maximum Profit under competition and monopoly – impact on demand curve, price, quantity, revenue, and cost Continue reading

Calculate Maximum Profit and how competition affects demand curve

Solve Managerial Economics homework question on maximum profit with competition Continue reading

solving for price, quantity, revenue, and costs

Calculate Price, Quantity, Revenue, and Costs for Maximum Profit Continue reading

Calculate Maximizing Profit by charting demand curve, revenue, and costs

Calculate Price, Quantity, Revenue, and Costs for Maximum Profit – charting method Continue reading

Global Warming: Science, Opinion, or Faith?

What gets us into trouble is not what we don't know; it's what we know for sure that just ain't so. — Mark Twain I hear and read a lot about global warming. It varies from apocalyptic warnings about our Continue reading

Glazed Pecan Holiday Snack Recipe

Glazed Pecan Holiday Snack Recipe Continue reading