eco 365 mart Become Exceptional/eco365martdotcom

1
eco 365 mart Become Exceptional/eco365martdotcom

• FOR MORE CLASSES VISIT
• www.eco365mart.com

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ECO 365 Final Exam Guide (New, Dec 2015)   FOR
MORE CLASSES VISIT www.eco365mart.com   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. Be equal to the
marginal cost of diamonds. Be equal to the
average total cost of diamonds.
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ECO 365 Final Exam Guide 1   FOR MORE CLASSES
VISIT www.eco365mart.com   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 4 
Refer to the graph shown. Initially, the market
is in equilibrium with price equal .
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ECO 365 Week 1 Discussion Question 1   FOR MORE
CLASSES VISIT www.eco365mart.com   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.
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ECO 365 Week 1 Discussion Question 2   FOR MORE
CLASSES VISIT www.eco365mart.com   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   FOR MORE CLASSES VISIT www.eco365mart.c
om   ECO 365 Week 1 Individual Assignment Article
Analysis.
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ECO 365 Week 1 Individual Assignment Economic
Analysis   FOR MORE CLASSES VISIT www.eco365mart.c
om   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 imp
act on the equilibrium price and quantity that res
ults from  (1) an increase in demand, (2) an incr
ease in supply, (3) an increase in both supply and
 demand.  Give an example of the role of supply an
d demand in decision making. 
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ECO 365 Week 1 Individual Assignment Economic
Definitions Worksheet   FOR MORE CLASSES
VISIT www.eco365mart.com   Write the definition fo
r each of the following 1. Law of Demand 2.
Law of Supply 3. Price Elasticity of Demand 4.
Macroeconomics 5. Microeconomics Identify 2 produc
ts whose demand is price inelastic. Which of the f
ollowing graphs best demonstrates the law of deman
d?
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ECO 365 Week 1 Individual Assignment Supply and
Demand Curve Worksheet (2 Sets)   FOR MORE
CLASSES VISIT www.eco365mart.com    Complete the S
upply and Demand Curve worksheet.Submit through 
the Assignment tab. Answer the following questions
Write the definition for each of the following 1
. Law of Demand2. Law of Supply Which of the foll
owing 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)   FOR MORE CLASSES
VISIT www.eco365mart.com     ?This Tutorial
contains 2 Papers 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 ?How people make
decisions ?How people interact ?How the economy
as a whole works Explain the following to help
the committee members.
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ECO 365 Week 2 Discussion Question 1   FOR MORE
CLASSES VISIT www.eco365mart.com   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 Discussion Question 2   FOR MORE
CLASSES VISIT www.eco365mart.com   Why is the
demand of labor a derived demand? What is the
relationship between productivity and the wages
earned by employees where you work or at an
organization with which you are familiar? What
are some factors that determine the level of your
income? Explain your answer.
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ECO 365 week 2 Individual Assignment Supply and
Demand Simulation (Microeconomics and the Laws of
Supply and Demand ) (3 Papers)   FOR MORE CLASSES
VISIT www.eco365mart.com   Complete the Supply
and Demand Simulation located on the student
website. Write 700 - 1,050-word paper of no more
than summarizing the content. Address the
following   Identify two microeconomics and two
macroeconomics principles or concepts from the
simulation. Explain why you have categorized
these principles or concepts as macroeconomic or
microeconomic.
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ECO 365 Week 2 Learning Team Reflection
Production and Cost Analysis   FOR MORE CLASSES
VISIT www.eco365mart.com   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 2 Team Assignment Elasticity Paper
(Substitute or Compliment)   FOR MORE CLASSES
VISIT www.eco365mart.com   Reflect on why some pro
ducts become substitutes and why some are complime
nts (e.g. hot dogs and hot dog buns).  Prepare a 3
50- to 1,050- word paper detailing the findings of
 your discussion.
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ECO 365 Week 2 Team Assignment Markets and the
Economics of the Public Sector (2 Papers)   FOR
MORE CLASSES VISIT www.eco365mart.com   ?This
Tutorial contains 2 Papers 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 ?Explain why equilibrium of supply
and demand is desirable. ?Explain the following
concepts using the concept of consumer and
producer surplus ?Efficiency of markets ?Costs
of taxation.
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ECO 365 Week 2 Team Assignment Product
Substitution Versus Product Compliment   FOR MORE
CLASSES VISIT www.eco365mart.com   ECO 365 Week 2 
Team Assignment Substitute vs Compliment.
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ECO 365 Week 3 Current Market Conditions
Competitive Analysis   FOR MORE CLASSES
VISIT www.eco365mart.com   ?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. Select your
organization and a product produced by that
organization from IndustryWeek. Write a
2,100-word analysis of the current market
conditions facing your product, making sure that
you address the following topics ?Define the
type of market in which your selected product .
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ECO 365 Week 3 Discussion Question 1   FOR MORE
CLASSES VISIT www.eco365mart.com   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   FOR MORE
CLASSES VISIT www.eco365mart.com   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.
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ECO 365 Week 3 Learning Team Reflection Summary
Market Structure   FOR MORE CLASSES
VISIT www.eco365mart.com   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 (3 Papers)   FOR
MORE CLASSES VISIT www.eco365mart.com    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.
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ECO 365 Week 4 Differentiating Between Market
Structures Paper (New Syllabus),Starbucks   FOR
MORE CLASSES VISIT www.eco365mart.com   You will a
pply important microeconomics concepts toward the 
competitive strategies of an organization that ope
rates in an industry of your choice.  You will eva
luate the differences between market structures an
d identify a group of competitive strategies consi
stent with the market structure that best aligns w
ith the market in  which the organization competes
. You will assess how the market structure positiv
ely and negatively affects the firm and evaluate t
he efficacy of the structure's competitive strateg
ies.
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ECO 365 Week 4 Differentiating Between Market
Structures Presentation (Mayo Clinic)   FOR MORE
CLASSES VISIT www.eco365mart.com   You will apply 
important microeconomics concepts toward the compe
titive strategies of an organization that operates
 in an industry of your choice.  You will evaluate
 the differences between market structures and ide
ntify a group of competitive strategies consistent
 with the market structure that best aligns with t
he market in  which the organization competes. You
 will assess how the market structure positively a
nd negatively affects the firm and evaluate the ef
ficacy of the structure's Competitive . 
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ECO 365 Week 4 Differentiating Between Market
Structures Presentation (New Syllabus),Starbucks  
FOR MORE CLASSES VISIT www.eco365mart.com   You w
ill apply important microeconomics concepts toward
 the competitive strategies of an organization tha
t operates in an industry of your choice. You will
 evaluate the  differences between market structur
es and identify a group of competitive strategies 
consistent with the market structure that best ali
gns with the market in which the organization  com
petes. You will assess how the market structure po
sitively and negatively affects the firm and evalu
ate the efficacy of the structure's competitive st
rategies.  Select an industry. 
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ECO 365 Week 4 Differentiating Between Market
Structures Presentation (New), Apple
Company   FOR MORE CLASSES VISIT www.eco365mart.co
m   You will apply important microeconomics concep
ts toward the competitive strategies of an organiz
ation that operates in an industry of your choice.
 You will evaluate  the differences between market
 structures and identify a group of competitive st
rategies consistent with the market structure that
 best aligns with the market in which  the organiz
ation competes. You will assess how the market str
ucture positively and negatively affects the firm 
and evaluate the efficacy of the structure's compe
titive strategies.  
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ECO 365 Week 4 Discussion Question 1   FOR MORE
CLASSES VISIT www.eco365mart.com   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.
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ECO 365 Week 4 Discussion Question 2   FOR MORE
CLASSES VISIT www.eco365mart.com   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 Individual Assignment
Differentiating Between Market Structures Table
  FOR MORE CLASSES VISIT www.eco365mart.com   For
this assignment, you will choose from the
following options   Option 1 Differentiating
Between Market Structures in Kudler Option 2
Differentiating Between Market Structures in an
Organization of Your Choice.
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ECO 365 Week 4 Learning Team Reflection Public
Policy in Economics   FOR MORE CLASSES
VISIT www.eco365mart.com   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 mart Become Exceptional/eco365martdotcom

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• FOR MORE CLASSES VISIT
• www.eco365mart.com