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.

1. What is the company's historical growth of same-store sales?
2. What costs of production are listed? Are these costs projected to increase or decrease?
3. Are there any opportunity costs listed? If so, what are they?
4. 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).

1. How many construction establishments exist in your state?
2. Does this number constitute a competitive market? Explain.