Week before Exams

Hello fellow economists as you know this is the week before the exams. Haha i am super excited for this. I don't think it will be that hard but ya never know. what should we study. basically everything "well Zack whats everything." everything is what we have learned up till now. S basically go home open up your notes and study your butts off at least i know i will. Anyways this week in class we studied up on Supply. We learned all about things like Total revenue, total cost, fixed costs, variable costs marginal costs, what marginal means, marginal revenue, profit, supply graphs, and supply schedules. Fixed cost being a cost that isn't affected by the supply. Such as rental for a factory. variable costs are cost that change based on the six factors that can change supply. We also took a quiz which i have a strong felling everyone did well on. Anyways that's the review folks, and forget to study. It will help you in the long tun.