Revenue, Profit, and Price
수입, 이익, 그리고 가격
Crash course economics 24강 주제는 Revenue, Profit, and Price입니다.
Q. 이익을 어떻게 계산하나요?
When you calculate profit, you must do more than just subtract business costs from the revenue they generate.
You also need to take opportunity cost into account.
Q. 2가지 형태의 Profit이 있습니다. 이에 대해 설명해보세요?
Revenue minus just explicit costs is called accounting profit.
Revenue minus all types of cost including opportunity cost and externalities is called economic profit.
Q. 사업이 엄청난 이익을 내고 있다면 어떤 것이 예상되나요?
It is likely that competitors will jump into that market.
Q. 기업이 사업을 영위하기 위해 필요한 최소한의 경제적 이익을 정상 이익이라고 합니다. 이 경우, 정산 이익 시 경제적 이익은 어떻게 될까요?
Zero economics profit
Q. 생산된 양에 따라 비용이 변하는 경우 이를 어떤 비용이라고 하나요?
If a cost changes with the amount produced, it is referred to as a variable cost.
Q. 생산 수준에 따라 변하지 않는 비용을 어떤 비용이라고 하나요?
Costs that don’t change with production levels are called fixed costs.
Q. 기업이 점점 더 많은 제품 단위를 만들수록 각 단위를 만드는 평균 비용은 어떻게 되나요?
The average cost for making each unit will generally fall.
Q. 규모의 경제에 대해 설명해보세요?
Companies that can spread out their fixed costs over many units are enjoying an advantage that economists call economies of scale.
Q. 모든 비즈니스의 목표는 무엇일까요?
The goal of any business is not to have the lowest average cost.
The goal is to make the right amount of product in order to maximize profit.
Q. Marginal Revenue에 대해서 설명해보세요?
The additional revenue earned form selling one more unit of a product is called marginal revenue.
Q. Marginal Cost에 대해 설명해보세요?
The additional cost incurred from making one more unit of a product is called marginal cost.
Q. Diminishing marginal return에 대해 설명해보세요?
As you add variable resources, like workers, to a set number of fixed resources, like equipment, the additional output you get from each added worker will eventually decline.
Q. Sunk cost는 무엇일까요?
A cost that has already been paid for and can’t be recovered is called a sunk cost.
Q. 의사결정을 할 때 Sunk cost를 고려해야 할까요?
Economists stress that when making future decisions, people should not focus on sunk costs.
감사합니다.
