Web Activity 1 Jack in the Box is a popular fast-food chain. Go to http://www.jackinthebox.com and sequentially link to "Our Company, then "Corporate Profile," then "Investors" to see Jack in the Box's statement of earnings. - What is the company's historical growth of same-store sales?
- What costs of production are listed? Are these costs projected to increase or decrease?
- Are there any opportunity costs listed? If so, what are they?
- How are the firm's profits calculated? Are these accounting or economic profits? Explain.
Web Activity 2 Log on to www.census.gov, click the "Business" tab, and then link to "Economic Census." Search "construction" (NAICS Code 23). - How many construction establishments exist in your state?
- Does this number constitute a competitive market? Explain.
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