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1ECO 365 Course Extraordinary Success
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- ECO 365 Final Exam Guide (New, Dec 2015)
- ECO 365 Final Exam Guide 1
- 1). The DeBeers company is a profit-maximizing
monopolist that exercises monopoly power in the
distribution of diamonds. If the company earns
positive economic profits this year, the price of
diamonds will -
- Exceed the marginal cost of diamonds but equal
to the average total cost of diamonds. -
- Exceed both the marginal cost and the average
total cost of diamonds.
- 1. Because you can only obtain more of one good
by giving up some of another good, the shape of a
production possibility curve is _______________. -
- 2. Refer to the table shown. The average product
when eight workers are employed is _____6____ -
- 3. A resource is said to have a comparative
advantage if
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- ECO 365 Week 1 Discussion Question 1
- ECO 365 Week 1 Discussion Question 2 (UOP Course)
- What is economics? What role does economics play
in your personal and organizational decisions?
Provide an example of the role of economics in
decision making.
- Identify a recent purchase in which the price of
the product was an important consideration in the
decision-making process related to purchasing the
product. What other factors affected your
decision? How important was your income as a
factor? How important was the price of other
goods as a factor?
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- ECO 365 Week 1 Individual Assignment Article
Analysis Paper (UOP Course)
- ECO 365 Week 1 Individual Assignment Economic
Analysis
- ECO 365 Week 1 Individual Assignment Article
Analysis Paper (UOP Course)
- Prepare a 1,000-1,500 word paper in which you
explain what the difference is between a movement
along and shift of the demand curve. Show the
impact on the equilibrium price and quantity that
results from (1) an increase in demand, (2) an
increase in supply, (3) an increase in both
supply and demand. Give an example of the role of
supply and demand in decision making. Post in
assignments link. - Format your paper consistent with APA guidelines.
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- ECO 365 Week 1 Individual Assignment Economic
Definitions Worksheet
- ECO 365 Week 1 Individual Assignment Supply and
Demand Curve Worksheet (2 Sets)
- Write the definition for each of the following
- 1. Law of Demand
- 2. Law of Supply
- 3. Price Elasticity of Demand
- 4. Macroeconomics
- 5. Microeconomics
- Identify 2 products whose demand is price
inelastic. - Which of the following graphs best demonstrates
the law of demand? - Which of the following graphs best demonstrates
the law of supply?
- This Tutorial contains 2 sets of Worksheet
- Complete the Supply and Demand Curve
worksheet.Submit through the Assignment tab. - Answer the following questions
- Write the definition for each of the following
- Law of Demand
- Law of Supply
- Which of the following graphs best demonstrates
the law of demand?
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- ECO 365 Week 1 Ten Principles of Economics and
How Markets Work (2 Papers)
- ECO 365 Week 2 Discussion Question 1 (UOP Course)
- As part of a marketing research committee for
your organization, you have been assigned the
task of preparing a 700-word research paper about
current microeconomic thought and theory. - Use Principles of Microeconomics, Chs. 1, 2, 3,
4, 5, and 6, as the source for all your
information. - Identify the fundamental lessons the Ten
Principles of Economics teach about
- What is the law of diminishing marginal
productivity? How does the law of diminishing
marginal productivity affect the cost of
productions? Provide an example from your
workplace.
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- ECO 365 Week 2 Team Assignment Markets and the
Economics of the Public Sector (2 Papers)
- ECO 365 Week 2 Team Assignment Product
Substitution Versus Product Compliment
- ECO 365 Week 2 Markets and the Economics of the
Public Sector - You have been assigned to a team that has the
responsibility of preparing a paper consisting of
1,750 words for the governors next economic
conference. Your paper should address the
following -
- ECO 365 Week 2 Team Assignment Substitute vs
Compliment
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- ECO 365 Week 3 Current Market Conditions
Competitive Analysis
- ECO 365 Week 3 Discussion Question 1 (UOP Course)
- ECO 365 Week 3 Current Market Conditions
Competitive Analysis - You have been given the responsibility of working
with your organizations CEO to do a competitive
market analysis of the potential success of one
of their existing products.
- What conditions exist when economic profits are
maximized? What is the difference between
economic and accounting profits? What are
economic profit-maximizing strategies that may be
made by a perfectly competitive firm, a
monopolist firm, and a monopolistic competitive
firm? Provide examples and explain the
strategies effectiveness in their respective
market structures.
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- ECO 365 Week 3 Discussion Question 2 (UOP Course)
- ECO 365 Week 3 Learning Team Reflection Summary
Market Structure (UOP Course)
- What are some real-life examples of
monopolistically competitive, oligopoly, and
monopoly markets? How do market prices differ
between perfectly and imperfectly competitive
markets? Will a monopoly always produce at a
profit-maximizing output level? Explain your
answer.
- Discuss this weeks objectives with your team.
Include the topics you feel comfortable with, any
topics you struggled with, and how the topics
relate to your field. - Prepare a 350- to 1,050- word paper detailing the
findings of your discussion.
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- ECO 365 week 3 Team Assignment Current Market
Conditions Competitive Analysis (2 Papers)
- ECO 365 Week 4 Differentiating Between Market
Structures Paper (New Syllabus),Starbucks
- This tutorial contains 2 sets of paper
- Imagine you are part of a strategic planning
group at a large corporation that is considering
developing a new proposed product. The marketing
director has asked your team to do a competitive
market analysis to determine the products
potential success. The analysis will focus on
your primary competitor in the products market - Select a potential competitive organization and a
product in that organization.
- You will apply important microeconomics concepts
toward the competitive strategies of an
organization that operates in an industry of your
choice. You will evaluate the differences between
market structures and identify a group of
competitive strategies consistent with the market
structure that best aligns with the market in
which the organization competes. You will assess
how the market structure positively and
negatively affects the firm and evaluate the
efficacy of the structure's competitive
strategies.
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- ECO 365 Week 4 Differentiating Between Market
Structures Presentation (Mayo Clinic)
- ECO 365 Week 4 Differentiating Between Market
Structures Presentation (New), Apple Company
- You will apply important microeconomics concepts
toward the competitive strategies of an
organization that operates in an industry of your
choice. You will evaluate the differences between
market structures and identify a group of
competitive strategies consistent with the market
structure that best aligns with the market in
which the organization competes. You will assess
how the market structure positively and
negatively affects the firm and evaluate the
efficacy of the structure's competitive
strategies.
- You will apply important microeconomics concepts
toward the competitive strategies of an
organization that operates in an industry of your
choice. You will evaluate the differences between
market structures and identify a group of
competitive strategies consistent with the market
structure that best aligns with the market in
which the organization competes. You will assess
how the market structure positively and
negatively affects the firm and evaluate the
efficacy of the structure's competitive
strategies.
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- ECO 365 Week 4 Discussion Question 1 (UOP Course)
- ECO 365 Week 4 Discussion Question 2 (UOP Course)
- What is an externality? Provide at least three
examples. How does one of the examples you
provided affect the market outcome? What is the
role of government in addressing the implications
of an externality you provided as an example? Is
it possible that a governments solution to a
market failure would worsen the failure? Explain
your answer.
- Discuss this weeks objectives with your team.
Include the topics you feel comfortable with, any
topics you struggled with, and how the topics
relate to your field. -
- Prepare a 350- to 1,050- word paper detailing the
findings of your discussion.
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- ECO 365 Week 4 Individual Assignment
Differentiating Between Market Structures Table
(UOP Course)
- ECO 365 Week 4 Learning Team Reflection Public
Policy in Economics (UOP Course)
- For this assignment, you will choose from the
following options - o Option 1 Differentiating Between Market
Structures in Kudler -
- o Option 2 Differentiating Between Market
Structures in an Organization of Your Choice -
- Read the instructions in the Differentiating
Between Market Structureslocated on the student
website and select one option to complete the
assignment.
- What effect do government intervention, taxation,
and regulations have on economic behavior?
Explain. - What are real-world examples of government
intervention, taxation, and regulations? What are
the goals of each?
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- ECO 365 Week 4 Team Assignment Mergers and Joint
Ventures (2 Papers)
- ECO 365 Week 4 Team Assignment The Economics of
Labor Markets
- This Tutorial Contains 2 sets of papers
- Learning Team Assignment Week 4
- Discuss the differences between horizontal,
vertical and conglomerate mergers and how those
differ from a joint venture. - Introduction
- ECO 365 Week 4 The Economics of Labor Markets
- Select an organization your team is familiar with
or an organization where a team member works. - Develop a 15- to 20-slide Microsoft PowerPoint
presentation to be presented to the CEOs
executive committee that addresses how your
chosen organization determines what quantity of
labor to demand and what events could shift the
demand and supply of that labor.
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- ECO 365 week 5 Team Assignment Competitive
Strategies and Government Policies (2 Papers)
- ECO 365 week 5 Team Assignment Competitive
Strategies and Government Policies (PPT)
- This Tutorial contains 2 sets of papers
- Management has recognized the effect of changes
in the real-world competitive environment and
government policies on other industries and
anticipates similar events occurring in their
industry, so they ask you for a report
considering the following points. - Write 1,400 1,750-word paper of no more than in
which you describe how each of the following are
or potentially will affect your industry or one
with which you are familiar - New companies entering the market,
mergers, and globalization, on pricing.
- Select an organization the team is familiar with
and which has a global presence. - Management in the team's organization has
recognized the effect of changes in the
real-world competitive environment and government
policies on other industries and anticipates
similar events occurring in their industry, so
they ask you for a report considering the
following points. - Create a 12- to 16-slide PowerPoint
presentation in which you describe how each of
the following are or potentially will affect your
industry or one with which you are familiar
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- ECO 365 Week 5 Theory of Consumer Choice and
Frontiers of Microeconomics
- ECO 365 Week 5 Theory of Consumer Choice and
Frontiers of Microeconomics - You have been asked to assist your organizations
marketing department to better understand how
consumers make economic decisions. - Write a 1,050-word analysis that includes the
following - The impact the theory of consumer choice has
on - Demand curves
- Higher wages
- Higher interest rates
- The role asymmetric information has in many
economic transactions
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