DQ’s total of 3 need to be answered by 12/05/13 in 11 hours. ZERO Plagiarism – 200 word count

Dq’s need to be answered by 12/05/13 in 10 hours. ZERO Plagiarism

1.) Week 2 DQ2
Seasonal Businesses
“A firm may shut down operation when the total cost is more than the variable cost, it makes no sense to stay in business as you only lose more money by producing. A business shutdown may occur as a temporary measure to prevent further spending on company expenses. Temporary shutdowns do not occur that often in most industries, and they can vary in terms of their severity. Companies may cease operations one extra day per week as part of a temporary shutdown, or it may shut down for longer periods of time, in some cases weeks or months. These shutdowns will sometimes occur as a company tries to find additional investors. The U.S. Government’s shutdown of Chrysler and General Motors following the recession that began in 2008 is one example; I knew quite a bit of friends who have worked i the manufactured industry. It was a disaster and a great economic crash for their families. The layoff it was both limited and temporary.


Fixed costs are often one of the key factors in a business shut down decision by management in addition to variable costs as you discuss in your post. Other businesses, however, operate for part of the year only and must shutdown for months or longer at a time.

What are some examples of seasonal businesses which operate under this model? Are there businesses generally thought of as being seasonal but are able to operate throughout the year? Please discuss these two approaches.

2.) Week 2 DQ 1

Technology and Productivity

“Marginal productivity affects the cost of the next unit produced. If it is higher or lower than the previous average, the average productivity mathematically changes slightly as well. In economics, productivity is the amount of output made per unit of input applied. In simpler terms, productivity is the calculation of output per labor hour. Productivity covers many different aspects of a business because of the variables used to determine the efficiency of production. Average and marginal productivity are analytical tools used to measure the output of labor in order to evaluate current production ability and improve future capacity. Ordinarily, such an innovation would only be introduced to the production process if it caused (both marginal and average) productivity to improve. One could argue that in some cases the introduction of computer technology actually caused productivity to decline- due to the additional time required to keep the computer system running.


As you discuss in your post, technology can have a dramatic effect on employee productivity perhaps in negative ways in a number of cases. Technology is becoming a greater part of the workplace environment so the opportunity to affect worker productivity is even greater than in the past.

What are some recent examples of technology affecting worker productivity? How might technology continue to affect productivity in the future?

3. Week 1 DQ 1
Normal, Luxury, and Inferior Goods
The four factors that are listed in your post to define substitutes are absolutely accurate when it comes to tobacco. Time period will dictate how long a person has been without a smoke, and what they would accept to satisfy their craving. Luxury is basically what is easiest for them to get, and the market definition is what is available on the market at that point in time. The budget is fairly obvious, but people will change their brands based around sales and prices in general.

Does anyone have a question or something to add?”

Among cigarette brands, there is a great deal of product and price differentiation. Some brands are considered budget brands and are generally purchased only by lower income consumers.

Are there goods which are always considered inferior or a luxury good, irrespective of an individual consumer’s income? For example, diary milk might be a normal good to many consumers but this preference could depend on the region in which that product is sold and a number of other factors.

What might be some examples of such goods? Can anyone provide an example of a good which was previously considered an inferior good but is now a normal good, due to changes in the economy or consumer preferences?

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