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For more classes visit www.snaptutorial.com Chapter 9—Applications of Cost Theory MULTIPLE CHOICE 1. Evidence from empirical studies of short-run cost-output relationships lends support to the: 2. The short-run cost function is: 3. Theoretically, in a long-run cost function: 4. Break-even analysis usually assumes all of the following except: – PowerPoint PPT presentation

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Title: ECO 550Course Success is a Tradition - snaptutorial.com


1
ECO 550Course Seek Your Dream / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Final Guide (All Possible Questions) For
more classes visit www.snaptutorial.com Chapter
9Applications of Cost Theory MULTIPLE CHOICE
1. Evidence from empirical studies of short-run
cost-output relationships lends support to the
2. The short-run cost function is 3.
Theoretically, in a long-run cost function
3
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Midterm Part 1 and 2 (All Possible
Questions) For more classes visit www.snaptutorial
.com Chapter 1Introduction and Goals of the
Firm MULTIPLE CHOICE 1. The form of economics
most relevant to managerial decision-making
within the firm is 2. If one defines
incremental cost as the change in total cost
resulting from a decision, and incremental
revenue as the change in total revenue resulting
from a decision, any business decision is
profitable if
4
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Midterm Part 1 For more classes
visit www.snaptutorial.com Question 1 Possible
goals of Not-For-Profit (NFP) enterprises include
all of the following EXCEPT Question 2
In the shareholder wealth maximization model,
the value of a firm's stock is equal to the
present value of all expected future ____
discounted at the stockholders' required rate of
return.
5
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Midterm Part 2 For more classes
visit www.snaptutorial.com Question 1 The
forecasting technique which attempts to forecast
short-run changes and makes use of economic
indicators known as leading, coincident or
lagging indicators is known as Question 2
Consumer expenditure plans is an example of a
forecasting method. Which of the general
categories best described this example?
6
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 4 Quiz For more classes
visit www.snaptutorial.com Question 1 Which of
the following is a good example of a congestible
public good? Question 2 A baseball field
is Question 3
7
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 1 DQ 1 Fundamental Economic
Concepts For more classes visit www.snaptutorial.c
om "Fundamental Economic Concepts" Please respond
to the following Answer the following DQs
based on the Katrinas Candies scenario From
the scenario for Katrinas Candies, examine the
key factors affecting the demand for and the
supply of a good in general and Katrinas Candies
specifically. Distinguish between a change in
demand and a change in the quantity demanded
(movement along the demand curve).
8
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 1 DQ 2 Supply and Demand For more
classes visit www.snaptutorial.com From the
e-Activity, examine the key factors that
influence the supply and demand of the selected
good in general and Katrinas Candies
specifically. Propose two (2) methods in which
organizations that provide the good may utilize
this information. Provide a rationale for your
response.
9
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 1-11 All DQs For more classes
visit www.snaptutorial.com ECO 550 Week 1 DQ 1
Fundamental Economic Concepts ECO 550 Week 1 DQ 2
Supply and Demand ECO 550 Week 2 DQ 1 Estimating
Demand ECO 550 Week 2 DQ 2 Estimating Elasticity
of Demand ECO 550 Week 3 DQ 1 Managing in the
Global Economy
10
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 2 DQ 1 Estimating Demand For more
classes visit www.snaptutorial.com "Estimating
Demand" Please respond to the following From
the scenario for Katrinas Candies, examine the
procedure Herb will use to estimate the demand
model developed in the scenario for Week
1. Determine the meaning, relevance, and
importance for a manager interpreting the
regression results.
11
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 2 DQ 2 Estimating Elasticity of
Demand For more classes visit www.snaptutorial.com
From the e-Activity, analyze the making
decisions about pricing these products that you
believe to be the most influential. Provide a
rationale for your response.
12
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 9 Quiz For more classes
visit www.snaptutorial.com Question 1 A tax on
interest income Answer Question 2 Which of
the following is true about comprehensive income?
Answer Question 3 If the market supply curve
of savings is upward sloping, a tax on interest
income will
13
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 3 Assignment 1 Demand Estimation (2
Sets) For more classes visit www.snaptutorial.com
This Tutorial contains 2 Sets Option 1 Demand
equation QD - 5200 - 42P 20PX 5.2I .20A
.25M (2.002) (17.5) (6.2) (2.5) (0.09)
(0.21) R2 0.55 n 26 F
4.88 Independent variables Q Quantity
demanded of 3-pack units P (in cents) Price of
the product 500 cents per 3-pack unit PX (in
cents) Price of leading competitors product
600 cents per 3-pack unit I (in dollars) Per
capita income of the standard metropolitan
statistical area
14
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 3 DQ 1 Managing in the Global
Economy For more classes visit www.snaptutorial.co
m "Managing in the Global Economy" Please respond
to the following Answer the
following DQs based on the Katrinas Candies
scenario o From the scenario for Katrinas
Candies, assuming the absence of quantitative
data, determine the qualitative forecasting
techniques that could be used within this
scenario.
15
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 3 DQ 2 Outsourcing Offshore For more
classes visit www.snaptutorial.com "Outsourcing
Offshore" Please respond to the following
Answer the following DQs on the decision to
outsource offshore o Aside from maximizing
profits, list the key factors that managers
should consider when deciding whether or not to
outsource offshore. Determine the key factors
that you believe to be the most influential.
Provide a rationale for your response.
16
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 4 DQ 1 Production Economics For more
classes visit www.snaptutorial.com ECO 550 Week
4 DQ 1 "Production Economics" Please respond to
the following From the scenario for
Katrinas Candies, determine the relevant costs
for the expansion decision, and distinguish
between the short run and the long run costs.
Recommend the key decision-making criteria that
Katrinas Candies should use for expansion
decisions in the short run and in the long run.
Provide rationale for your response.
17
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 5 DQ 1 Applications of Cost
Theory For more classes visit www.snaptutorial.com
ECO 550 Week 5 DQ 1 "Applications of Cost
Theory" Please respond to the following
Answer the following DQs based on the
Katrinas Candies scenario o From the
scenario for Katrinas Candies, determine the
appropriate type of market structure for the
situation in question.
18
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 5 DQ 2 Cost Management For more
classes visit www.snaptutorial.com ECO 550 Week
5 DQ 2 "Cost Management" Please respond to the
following Imagine that you are a
manager of a chemical company. An accident has
occurred in which chemicals leaked into the
ground water nearby. The community is unaware of
the accident. Compare the primary
19
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 6 Assignment 2 Operations Decisions
(2 Papers) For more classes visit www.snaptutorial
.com This Tutorial contains 2 Different Papers
Using the regression results and the other
computations from Assignment 1, determine the
market structure in which the low-calorie food
company operates. .
20
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 6 DQ 1 Market Structures For more
classes visit www.snaptutorial.com ECO 550 Week 6
Discussion 1 "Market Structures" Please respond
to the following From the scenario,
assuming Katrinas Candies is operating in the
monopolistically competitive market structure and
faces the following weekly demand and short-run
cost functions
21
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 6 DQ 2 Maximizing Revenue For more
classes visit www.snaptutorial.com ECO 550 Week 6
Discussion 2 "Maximizing Revenue" Please
respond to the following From the
scenario, assuming Katrinas Candies is operating
in the monopolistically competitive market
structure and faces the following weekly demand
and short-run cost functions
22
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 7 DQ 1 Predicting Price-Setting
Strategies For more classes visit www.snaptutorial
.com ECO 550 Week 7 Discussion 1 "Predicting
Price-Setting Strategies" Please respond to the
following From the scenario for
Katrinas Candies, determine the importance of
predicting the pricing strategies of rival firms
in an industry characterized by mutual
interdependence. Provide a rationale for your
response.
23
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 7 DQ 2 Price-Setting Strategies For
more classes visit www.snaptutorial.com ECO 550
Week 7 Discussion 2 "Price-Setting Strategies"
Please respond to the following
Examine the common price setting strategies of
airlines that use game theory.
24
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 8 DQ 1 Entering a Merger For more
classes visit www.snaptutorial.com ECO 550 Week
8 Discussion 1 "Entering a Merger" Please
respond to the following From the
scenario for Katrinas Candies, examine the major
implications for firms entering into a merger.
Explain the criteria the U.S. Department of
Justice and the Federal Trade Commission would
follow when deciding on w
25
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 8 DQ 2 Organizational Form For more
classes visit www.snaptutorial.com ECO 550 Week 8
Discussion 2 "Organizational Form" Please
respond to the following Examine two
(2) organizational forms of business (e.g.,
functional, product, etc.). Predict the possible
implications of the principal agent relationship
for each of these organizational forms of
business. Determine which of the organization
forms would have more of an economic impact on
the operations of the firm and its ability to
maximize profits. Provide a rationale for your
response.
26
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 6 DQ 2 Maximizing Revenue For more
classes visit www.snaptutorial.com ECO 550 Week 6
Discussion 2 "Maximizing Revenue" Please
respond to the following From the
scenario, assuming Katrinas Candies is operating
in the monopolistically competitive market
structure and faces the following weekly demand
and short-run cost functions
27
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 9 DQ 1 Impact of Government
Regulation For more classes visit www.snaptutorial
.com ECO 550 Week 9 Discussion 1 "Impact of
Government Regulation" Please respond to the
following From the scenario for
Katrinas Candies, take a position as to whether
government regulation is constraining or enabling
in this situation, as it relates to the
operational efficiency of the company. Speculate
on the fundamental manner in which government
regulation could impact the shareholders wealth
and profitability
28
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 9 DQ 2 Government Regulation For
more classes visit www.snaptutorial.com ECO 550
Week 9 Discussion 2 "Government Regulation"
Please respond to the following From
the e-Activity, take a position on whether the
banking industry needs more or less government
regulation. Support your position with two (2)
examples of the impact of regulation.
29
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 10 DQ 1 Long-Term Investment For
more classes visit www.snaptutorial.com ECO 550
Week 10 Discussion 1 "Long-Term Investment"
Please respond to the following
From the scenario for Katrinas Candies, suggest
one (1) method in which Herb could use a
cost-benefit analysis to argue for or against an
expansion. Create three (3) optimal decision
rules for Katrinas Candies (e.g., whether to
hire more staff or hire temporary workers to meet
production schedules).
30
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 11 DQ 1 Transfer It For more classes
visit www.snaptutorial.com ECO 550 Week 11
Discussion 1 "Transfer It" Please respond to
the following Propose two (2)
applications of the knowledge that you have
learned in this course to your current or a
future position. Provide a rationale for your
response.
31
ECO 550Course Seek Your Dream / snaptutorial.com
ECO 550 Week 11 DQ 2 Best Practices For more
classes visit www.snaptutorial.com ECO 550 Week
11 Discussion 2 "Best Practices" Please respond
to the following Create a list of
three (3) best practices to follow in the field
of managerial economics and globalization.
Provide a rationale for your response.
32
ECO 550Course Seek Your Dream / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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