ECON 545 Week 2 DQ 1 Perfect Competition

ECON 545 Business Economics

 (Keller Graduate - Spring 2016)

Perfect Competition (graded)

Below is a recommended topic for this discussion. If your instructor chooses a different “Making the Connection” from this weeks’ readings or another alternate discussion topic, his or her chosen topic and any required work in MyEconLab or elsewhere will be in the instructors’ first posting.

Read the Making the Connection short case titled In the Apple iPhone Apps Store, Easy Entry

Makes the Long Run Pretty Short in Chapter 12 of our textbook, and also be sure to watch the

video right under the Making the Connection title (maybe a few times). Then post your first posting this week beginning to discuss what you’ve read and watched in the video.

Then work on Problems and Applications 5.9, at the end of Chapter 12, answering and discussing the questions in that exercise.