This week was pretty good. This week we restarted our semester because we had mid-terms last week. One Monday we talked about competition. One example of competition is Perfect competition which includes five main things which are:
*numerous buyers and sellers
*Independent buyers and sellers
*Well-informed buyers and sellers
*Freedom to enter and exit the market
*Standardized products
Also we learned about Oligopoly, Monopolistic Competition, and Monopolies. Oligopoly is where there are 4 or so companies that dominate that market. Whereas a Monopoly is where one company dominates the whole market for that one product.
Thursday, October 31, 2013
Thursday, October 17, 2013
This week was pretty good. It was shortened because of our field trip. This week we mainly talked about supply. Such as the Law of Demand, Supply Schedules, and the three cost category. There are several factors that shift curves such a as input costs, labor productivity, technology, government actions, producers expectations, and number of producers. The field trip on Wednesday. We got to see and touch a few animals. The live animals were a possum, snake, lizard, owl, and rabbit. Also it was fun because we got to go home at 1:30.
Thursday, October 10, 2013
This week was good. One Monday we were faced in creating advertisements for Weserville. We had to do a 30 second TV ad, 30 second radio commercial and a half page newspaper article. Benjamin Bradberry, i thought, did a great job making the script for the radio commercial. My group did a Powtoons for our TV ad. Powtoons is great because it is pretty easy to edit it and make it flow pretty well and is more interactive than a PowerPoint. Hopefully, on Friday, everyone will show up with everything finished.
Thursday, October 3, 2013
This week was fun. We had normal classes Monday-Wednesday. On Thursday we had our retreat. It was fun and relaxing. We did a little icebreaker game first. Then we were lectured on a subject such as like stress and how to handle large amounts of it. After we would split in smaller groups and talk privately about what that topic. One topic I will to focus on is stress. The person that was explaining stress and how to balance it. Then he talked about his personally experience and talking about how he got migraines because too much stress. This is interesting because it is surprising that stress has the ability to do that to your body.
Subscribe to:
Posts (Atom)