Q1. The CEO of a major automaker overheard one of its division managers make the following statement regarding the firm's production plans: "In order to maximize profits, it is essential which we operate at the minimum point of our ATC curve". Imagine if you were the CEO of automaker that you would praise or chastise the manager?
Q2. Describe some forms of private spending which represent consumption some forms which represent investment?
Q3. Is changing the organization's domain a feasible strategy for coping with a threatening atmosphere? Do you think of an organization in the recent news which has changed its domain? Explain.