Business owners and managers make a number of decisions throughout the day, week or month. Many of these decisions are "either-or," but even more of them often are about "how much." Margin analysis, ...

As we begin a new semester, we are always looking for examples that illustrate economic principles. Fortunately, the world is filled with them, often in our own backyard. Two come to mind. Our ...

A rational business's main goal is always to maximize profits. As complicated as business processes can be, the end goal always remains reaching the maximum profit. There are many ways a company has ...