How Can Entrepreneurs Control Costs?

How can negative thoughts affect your life? Learn about the ways you think about yourself can define your personality, and how self control can be the answer to higher self esteem.

Teenagers often feel frustrated by the lack of control in their own lives. Help them see the difference between situations in which they do have control and can claim responsibility, and the situations that they cannot control, with a...

How can performing cannonballs into a swimming pool help us to understand the concept of marginal analysis and efficiency? Check out this video, using clips from the movie Anchorman and informative instruction, to learn more about...

Economists and accountants work with money every day, but their perspectives about that money can be very different. An informative video from Crash Course Economics explores basic elements of microeconomics, including economies of...

Holiday gift-giving seasons can be lucrative for an individual business, but does a profitable season bode well for the market as a whole? A video from Crash Course Economics discusses how giving gifts to people who are uninterested in...

How do price ceilings result in shortages in the United States economy? Watch as an instructor uses graphs to illustrate this concept, as well as how price floors result in surpluses; all in less than 60 seconds!

What is the concept of a cost curve, and how are they used? Watch as this instructor demonstrates and explains marginal cost curve, average total cost, average variable cost, and average fixed cost.

Learners calculate fixed and variable costs. In this costs lesson, students read a case study about an entrepreneur and her business costs. Individuals complete the provided worksheets to find costs and make related business decisions....

When gasoline is in high demand and on short supply, OPEC can raise the price to turn a significant profit. Help learners understand the economics behind demand, profit motive, and monopolies with a lesson that focuses on OPEC and...

Decisions, decisions ... how do people make up their minds? Scholars research the concepts of scarcity and opportunity cost as they view a short video describing the basis behind making choices based off of availability and price....