Title: ECO 561 Potential Instructors / tutorialrank.com
1 ECO 561 potential Instructors / tutorialrank
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ECO 561 Chapter 1 Quiz (UOP Course)
ECO 561 Entire Course (UOP)
ECO 561 Week 1 Individual Assignment Scenario
Concept (Price Elasticity Scenario) ECO 561 Week
1 DQ 1 ECO 561 Week 1 DQ 2 ECO 561 Week 2
Learning Team Assignment Scenario Analysis ECO
561 Week 2 Assignment Cost and Revenue Curves
Simulation ECO 561 Week 2 DQ 1 ECO 561 Week 2 DQ
2 ECO 561 Week 3 Individual Assignment Cost
Scenario ECO 561 Week 3 DQ 1 ECO 561 Week 3 DQ 2
Question 1 As per the law of demand When rates
increase, ceteris paribus Question 2 In
response to news reports that taking aspirins
daily can reduce an individual's risk of a heart
attack, there will most likely be
3 ECO 561 potential Instructors / tutorialrank
ECO 561 Chapter 3 Quiz (UOP Course)
ECO 561 Chapter 2 Quiz (UOP Course)
Question 1 The equilibrium price is ___ and the
equilibrium quantity is ___. Question 2 At what
price would there be an excess demand of
125? Question 3 If the supply curve shifts to
the left, which of the following will be
true? Question 4 If the government sets a
ceiling price of 3, which of the following is
not likely to happen.
Question 1 The demand curve facing each wool
producer is ________ starting at 3.00 per
pound. Question 2 If a firm in a perfectly
competitive industry raises price above market
price, Question 3 The fast food industry is
not considered perfectly competitive because
4 ECO 561 potential Instructors / tutorialrank
ECO 561 Chapter 5 Quiz (UOP Course)
ECO 561 Chapter 6 Quiz (UOP Course)
Question 1 Which of the following is NOT
included in 1994's GDP? Question 2 Which
of the following would be counted in the GNP of
the United States, but not the GDP of the United
States?
Question 1 The demand for lumber decreased in
August. Supply of lumber has remained constant
and five months later there still has been no
change in lumber prices. This is an example
of Question 2 A group of Senators introduce
legislation that would subsidize employers'
hiring of recent high school graduates.
5 ECO 561 potential Instructors / tutorialrank
ECO 561 Chapter 7 Quiz (UOP Course)
ECO 561 Chapter 8 Quiz (UOP Course)
Question 1 A recession is marked by
______________ output and ________
unemployment. Question 2 To be classified as
unemployed, an individual who is sixteen years of
age or older Question 3 The unemployment
rate
Question 1 The direct exchange of goods and
services for other goods and services
is Question 2 An item used as money that
also has intrinsic value in some other use
is Question 3 The equation for M2 is
6 ECO 561 potential Instructors / tutorialrank
ECO 561 Week 1 DQ 2 (UOP Course)
ECO 561 Week 1 DQ 1 (UOP Course)
What is price elasticity? Give examples of five
products whose demand is price elastic, and five
products whose demand is price inelastic and
elaborate on the choices you make.
What kinds of changes in underlying conditions
can cause the supply and demand curves to shift?
Give examples and explain the direction in which
the curves shift.
7 ECO 561 potential Instructors / tutorialrank
ECO 561 Week 2 Assignment Cost and Revenue Curves
Simulation (UOP Course)
ECO 561 Week 1 Individual Assignment Scenario
Concept (Price Elasticity Scenario) (UOP Course)
Complete the Economics for Managerial Decision
Making Cost and Revenue Curves simulation
located on your student website. How might you
apply the principles presented in the simulation
more effectively in your future business
decisions? How do these decisions relate to your
business when you are dealing with different
states cost structures?
Resources Will Burys Price Elasticity
Scenario Read the University of Phoenix
Material Will Burys Price Elasticity
Scenario. Write a 350- to 700-word paper
explaining the economic concepts found in the
reading assignment. Discuss how the course
readings relate to the context of the scenario.
Be sure to include citations and references where
appropriate.
8 ECO 561 potential Instructors / tutorialrank
ECO 561 Week 2 DQ 2 (UOP Course)
ECO 561 Week 2 DQ 1 (UOP Course)
Among the types of costs faced by a firm
(short-run costs, fixed and variable, as well as
long-run costs), how can technology help firms to
lower their costs? What are some specific
examples of how firms have used technology to
lower costs?
Cost is a big issue with every company, and
changing the technology is the biggest cost for
most companies, how your company was able to cope
with this problem and maintain the level of
profit in a very competitive market?
9 ECO 561 potential Instructors / tutorialrank
ECO 561 Week 3 DQ 1 (UOP Course)
ECO 561 Week 2 Learning Team Assignment Scenario
Analysis (UOP Course)
Do you think that competition can be counted on
to discipline the industrial business firms of a
modern economy? Explain.
Review the University of Phoenix Material Will
Burys Price Elasticity Scenario introduced in
Week One. You may also use information from your
own organization. If you use your own
organization, get approval from your instructor
before proceeding. Prepare a 350- to 700-word
report where you explain the following concepts
in the context of the Will Bury scenario
10 ECO 561 potential Instructors / tutorialrank
ECO 561 Week 3 Individual Assignment Cost
Scenario (UOP Course)
ECO 561 Week 3 DQ 2 (UOP Course)
In this assignment, make a decision whether to
accept an order for a product which requires
displacing another product from production. This
employs contribution analysis, opportunity cost,
and cost concepts. The University of Phoenix
Material ClearHear Scenario provides a problem
statement, opportunities, and end state goals.
In your industry, would you support regulation or
deregulation and why or why not?
11 ECO 561 potential Instructors / tutorialrank
ECO 561 Week 4 DQ 2 (UOP Course)
ECO 561 Week 4 DQ 1 (UOP Course)
How would you evaluate monetary policy today? Is
monetary policy contradictory with fiscal policy?
Why or Why not? Support your analysis with
examples.
How does the Federal Reserve's monetary policy
affect your industry's, or company's growth?
12 ECO 561 potential Instructors / tutorialrank
ECO 561 Week 4 Quiz (UOP Course)
ECO 561 Week 4 Individual Assignment Simulation
Analysis (UOP Course)
Question 1 The Lawn Ranger, a landscaping
company, has total costs of 4,000 and total
variable costs of 1,000. The Lawn Ranger's total
fixed costs are Question 2 The total variable
cost curve Question 3 Use the following figure
to answer the next question What production
technique should this firm use to produce 2 units
of output?
AnalysisUsing the link provided on Week Four of
the rEsource page, access and complete the
simulation, Economics for Managerial Decision
Making Market Structures. Resources Economics
for Managerial Decision Making Market Structures
simulation
13 ECO 561 potential Instructors / tutorialrank
ECO 561 Week 5 DQ 2 (UOP Course)
ECO 561 Week 5 DQ 1 (UOP Course)
How would you evaluate monetary policy today? Is
monetary policy contradictory with fiscal policy?
Why or Why not? Support your analysis with
examples.
How does the Federal Reserve's monetary policy
affect your industry's, or company's growth?
14 ECO 561 potential Instructors / tutorialrank
ECO 561 Week 6 DQ 1 (UOP Course)
ECO 561 Week 5 Individual Assignment Interest
Rate Report (UOP Course)
How much has the growth in international trade
impacted your company, or industry? Has the
devaluation of the U.S. dollar impacted your
company, or industry? Explain.
Resource University of Phoenix
Material Big Drive Auto Write a 350-
to 700-word report in which you address the
following issues in the context of the
scenario o Identify decisions made by key
organizational stakeholders that are affected by
interest rates o Identify how interest
rates affect the cost of operating the
business o Find the current yield curve
and interpret the effect of its shape on
decision-making within the organization
15 ECO 561 potential Instructors / tutorialrank
ECO 561 Week 6 Learning Team Assignment
International Paper (UOP Course)
Resources The data compiled from the
University of Phoenix Material Big Drive Auto
in Week Four (or the material from your own
organization in which you faculty member has
approved) Write a 700- to 1,050- word
paper addressing the following issues in the
context of the scenario o Identify and
justify the macroeconomic measures of output and
prices which you have selected for Big Drive
Autos planning.
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