How are some of the big tie stores able to charge so cheap for some of their meds? Just curious! Its great for us as consumers. I am just curious as to how they make a profit for selling it so cheap

fantastic money
make big profits
David asked:


I’ll admit I don’t understand the economic influences of gas prices, but it is moderately criminal to me for the average consumers/drivers to have tripled their budget for gas in the last few years while it seems the big oil companies have not taken any of the blows on the chin themselves. I would really like to hear from people highly knowledgeable of the subject.

get profit
s a asked:


I’m at a loss… Any and all help is greatly appreciated. Thank you!

The marginal revenue curve of a monopoly crosses its MC curve at $30 per unit, & an output of 2 million units. The price consumers are willing to pay for this output is $40 per unit. If it produces this output the firm’s ATC is $43 per unit, & its AFC is $8 per unit. What is the producer’s profit maximizing output level? What are the firm’s economic profits?

make big profits
Milton’s Fan asked:


Clinton recently announced that she wants to take the profits of big oil? If she can take money from companies, which in essence is taking money from numerous shareholder’s, employees, executives, and ultimately the consumers of big oils’ products (for those of you who understand anything about economics), then why can’t we take her excess book deal profits?