Monthly Archives: December 2010

The More the Merrier, or is it? (via Johanne’s Economic IB Blog)

An amazing post in understanding the basics of the Theory of cost. In order to fuly understand the basics of the Theory of cost, we did a game that reflected the same concept. The main aspects of the game was … Continue reading

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Tennis Ball Game Reflection

On Friday, our economics class did a “Tennis Ball Game”, where students are told to pass a tennis ball in a straight line and in to the bucket at the end of the line for 30 seconds, and every 30 … Continue reading

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Nike Stores Decreasing?

Recently, a Nike Store in California has decided to move its shop to a smaller one, to decrease their fixed cost on the land. A fixed cost is different from a variable cost, as a fixed cost is a cost … Continue reading

Posted in Economics, Section 2 | Leave a comment