1. Economics essay
... Essay This year in economics I learned that I am a consumer. Consumers are people who use goods and services to satisfy wants and needs. The economy is based on people like me and the general public in our everyday lives. Without us there would be no business organization, which is a profit-seeking enterprise that serves as the ... fixed cost is when something needs to be paid off such as a leased property payment or a salary paid to your executives. Variable costs are when the costs to everyday things are varied such as electric power. I also learned more about GDP and how it is as fairl...
- Word Count: 319
- Approx Pages: 1
- Grade Level: High School