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Discussion Question 1
Post your response to the following: What makes some companies more
profitable than others? What are the similarities and differences between
profit and profitability? Provide real-world examples to support your
answer.
Discussion Question 2
Post your response to the following: Your friend has asked you why the
price of bananas is higher during certain times of the year.
Using what you have learned about the laws of supply and demand,
explain to your friend how the market affects price.
Respond to your classmates' answers by asking additional questions that
a newcomer to business might ask. Is the explanation clear? Which areas
do you understand? In which areas would you like more clarification?
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