ECO 550 Education for Service--tutorialrank.com

1
ECO 550 Education for Service--tutorialrank.com
2
ECO 550 Education for Service--tutorialrank.com
ECO 550 Final Guide (All Possible Questions)  For
more course tutorials visit www.tutorialrank.com C
hapter 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 4.
Break-even analysis usually assumes all of the
following except 5. What is another term
meaning the degree of operating leverage
3
ECO 550 Education for Service--tutorialrank.com
ECO 550 Midterm Part 1 and 2 (All Possible
Questions)  For more course tutorials
visit www.tutorialrank.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 550 Education for Service--tutorialrank.com
ECO 550 Midterm Part 1  For more course tutorials
visit www.tutorialrank.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. Question 3
5
ECO 550 Education for Service--tutorialrank.com
ECO 550 Midterm Part 2  For more course tutorials
visit www.tutorialrank.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  
6
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 1 DQ 1 Fundamental Economic
Concepts For more course tutorials
visit www.tutorialrank.com   "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).
7
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 1 DQ 2 Supply and Demand For more
course tutorials visit www.tutorialrank.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.
8
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 1-11 All DQs For more course
tutorials visit www.tutorialrank.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
9
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 2 DQ 1 Estimating Demand For more
course tutorials visit www.tutorialrank.com   Esti
mating 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.
10
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 2 DQ 2 Estimating Elasticity of
Demand For more course tutorials
visit www.tutorialrank.com   From the e-Activity,
analyze the elasticity of demand for products
within the selected industry relevant to
Katrinas Candies. Determine the factors
involved in making decisions about pricing these
products that you believe to be the most
influential.  
11
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 3 Assignment 1 Demand Estimation (2
Sets)  For more course tutorials
visit www.tutorialrank.com     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
12
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 3 DQ 1 Managing in the Global
Economy For more course tutorials
visit www.tutorialrank.com   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
13
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 3 DQ 2 Outsourcing Offshore For more
course tutorials visit www.tutorialrank.com   "Out
sourcing 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.
14
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 4 DQ 1 Production Economics For more
course tutorials visit www.tutorialrank.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.
15
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 4 DQ 2 Production Decisions For more
course tutorials visit www.tutorialrank.com   ECO
550 Week 4 DQ 2 "Production Decisions" Please
respond to the following From the
e-Activity, recommend whether the company in
question should or should not continue to produce
the good or service. Provide a rationale for your
response.
16
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 5 DQ 1 Applications of Cost
Theory For more course tutorials
visit www.tutorialrank.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.
17
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 5 DQ 2 Cost Management For more
course tutorials visit www.tutorialrank.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.
18
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 6 Assignment 2 Operations
Decisions (2 Papers)  For more course tutorials
visit www.tutorialrank.com   Using the regression
results and the other computations from
Assignment 1, determine the market structure in
which the low-calorie food company operates. Use
the Internet to research two (2) of the leading
competitors in the low-calorie microwavable food
industry, and take note of their pricing
strategies, profitability,
19
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 6 DQ 1 Market Structures For more
course tutorials visit www.tutorialrank.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   VC
20Q0.006665 Q2 with MC20 0.01333Q and FC
5,000
20
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 6 DQ 2 Maximizing Revenue For more
course tutorials visit www.tutorialrank.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
21
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 7 DQ 1 Predicting Price-Setting
Strategies For more course tutorials
visit www.tutorialrank.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
22
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 7 DQ 2 Price-Setting Strategies For
more course tutorials visit www.tutorialrank.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. Predict the
potential effects of such pricing strategies on
the demand for seats,
23
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 8 DQ 1 Entering a Merger For more
course tutorials visit www.tutorialrank.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 whether or not to approve
a proposed merger.
24
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 8 DQ 2 Organizational Form For more
course tutorials visit www.tutorialrank.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  
25
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 9 Assignment 3 Long Term Investment
Decision (2 Papers)  For more course tutorials
visit www.tutorialrank.com   Assume that the
low-calorie microwavable food company from
Assignments 1 and 2 wants to expand and has to
make some long-term capital budgeting
decisions. Use the Internet and Strayer databases
to research government policies and
regulation. Write a six to eight (6-8) page paper
in which you
26
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 9 DQ 1 Impact of Government
Regulation For more course tutorials
visit www.tutorialrank.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,
27
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 9 DQ 2 Government Regulation For
more course tutorials visit www.tutorialrank.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.
28
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 10 DQ 1 Long-Term Investment For
more course tutorials visit www.tutorialrank.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
29
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 10 DQ 2 Cost-Benefit Analysis For
more course tutorials visit www.tutorialrank.com  
ECO 550 Week 10 Discussion 2 "Cost-Benefit
Analysis" Please respond to the following
Assess both the short-term and the long-term
costs and benefits of obtaining a graduate
degree. Support your decision to obtain a
graduate degree with a cost-benefit analysis of
your particular situa
30
ECO 550 Education for Service--tutorialrank.com
ECO 550 Week 11 DQ 1 Transfer It For more course
tutorials visit www.tutorialrank.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 550 Education for Service--tutorialrank.com
ECO 550 Week 11 DQ 2 Best Practices For more
course tutorials visit www.tutorialrank.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 550 Education for Service--tutorialrank.com