fufufuufufufufuuu Posted December 31, 2013 Report Share Posted December 31, 2013 Im doing it in market structure ee Reply Link to post Share on other sites More sharing options...
crimson.threads Posted January 1, 2014 Report Share Posted January 1, 2014 A bit more specific would help- but you could make a graph of the average sales / returns / profit- anything that indicates the relative business success, and attempt to draw a forecasted line? If the business falls below that, it could mean that the firm's profits are not normal in the long run. Business student here, so I'm not big on economics graphs, sorry! Reply Link to post Share on other sites More sharing options...
YellowSpider Posted January 3, 2014 Report Share Posted January 3, 2014 I suppose if you have financial data you could base your graph on calculations from the AVC and all that Reply Link to post Share on other sites More sharing options...
fufufuufufufufuuu Posted January 5, 2014 Author Report Share Posted January 5, 2014 I suppose if you have financial data you could base your graph on calculations from the AVC and all that what kind of financial data? profit monthly? cost?cause normal profit = is economic profit = 0economic profit = revenue- explicit n implicit costwhere can i get implicit cost? Reply Link to post Share on other sites More sharing options...
YellowSpider Posted January 5, 2014 Report Share Posted January 5, 2014 (edited) I suppose if you have financial data you could base your graph on calculations from the AVC and all that what kind of financial data? profit monthly? cost?cause normal profit = is economic profit = 0economic profit = revenue- explicit n implicit costwhere can i get implicit cost?you know, i'm in the same situation.. i had planned to include this, but i haven't started my ee so i can't really be sure but anyway, in my case i thought i could ask the firms to give me their financial data: profits, costs and all.. and then analyse whether there is a consistent match with the market form in my research question..as far as implicit costs are considered, maybe talk to each firm and ask them of how they value their entrepreneurship and risk and all.. do you get it? because i'm not exactly sure of how i'll carry this out Edited January 5, 2014 by MISHI Reply Link to post Share on other sites More sharing options...
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