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Chapter 4

Chapter 4: Production Theory

Study Plan

As you work through the assignments below, don't forget to generate a Progress Report. Fill out the sections you have completed and send a copy to your email account.

Organize

  1. Follow this Study Plan to access your chapter assignments.
  2. Print out the Chapter Outline and bring it to lecture to help structure your note-taking and check-off topics covered in class.
  3. Take the Chapter Quiz and mail the results to your instructor’s gradebook. You can take these quizzes as often as you like.

Learn

  1. Read Chapter 4 in your textbook or ebook.
  2. Read the Chapter Review for Chapter 4. Note any material you have difficulty remembering from the text.
  3. Master the key terms for this chapter by working through the deck of Flashcards.
  4. Review Key Formulas. (Only available in select chapters)
  5. Answer the Sentence Completion Exercises and submit your answers to your instructor’s gradebook. (Only available in select chapters)

Connect

  1. Complete the Spreadsheet Exercises to practice the skills you’ve learned in the chapter by manipulating data with a spreadsheet program.
  2. Subscribe to the Economics Audio Podcasts to receive the latest news in managerial economics from MarketPlace and Business Week on your computer, iPhone, iPod, or other mobile media player.
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