Hey guys -
Here is the link to the ppt that Mr. Newy is going to go over with you in class. It's in html format, so everyone should be able to access it.
And no, I didn't write it. :)
Second - check out Sarah's question on sales in the last post. Interesting.
Third - some more links for your economics enjoyment -
Profit Maximization MR/MC stuff: http://apecon.us/allmeroth1aa.gif
And part II to that: http://apecon.us/allmeroth2aa.gif
This will become more important as we get into the other three types of markets.
http://www.reffonomics.com/costs2/frame.htm for basic cost information. There are teacher instructions in the bottom frame that explain what's going on.
http://www.reffonomics.com/costs/frame.htm More costs stuff
http://www.reffonomics.com/shutdown2.html Costs & Shutdown rule
http://apecon.us/explicitandimplicit.gif explicit vs implicit costs
http://apecon.us/longrunshortrun.gif short run vs long run
http://www.reffonomics.com/longrunatccurve.html Long run ATC
http://www.reffonomics.com/typesofcompetition.html Types of competition
http://www.reffonomics.com/spectrumofcompetition.html Spectrum of competition
There are a lot more, this guy has tons of info. But...I think that's enough to start with. :)
Note: He does separate oligopoly & cartel, which are together in your book.