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Costs and Revenues Chapter 18 Section 2 Indicators used to decide how MUCH TO PRODUCE
Summer ,[object Object],[object Object]
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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]
Business is Booming
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]
ACME ,[object Object]
WaWa ,[object Object]
Dunkin Donuts ,[object Object]
So your 41 st  Lemonade cost: ,[object Object],[object Object],[object Object],[object Object],[object Object]
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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]

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Costs And Revenues

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