Reflect on the assigned readings for Week 1 and then type a two-page paper regarding what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.  Define and describe what you thought was worthy of your understanding in half a page, and then explain why you felt it was important, how you will use it, and/or how important it is in managerial economics. After submitting your two-page paper as an initial post in the “Reflection and Discussion Forum,” then type at least two peer replies in response to your classmate’s posts (200 word minimum each).