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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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