330 likes | 384 Views
1 During the winter break, Sam decides to go for a skiing vacation in Aspen instead of taking piano lessons. The opportunity cost of the skiing vacation is the:<br>cost of accommodation and food in Aspen.<br>
E N D
ECO 365 Invent Youself/uophelp.com For more course tutorials visit www.uophelp.com
ECO 365 Final Exam Guide (New, 2017) For more course tutorials visit www.uophelp.com • 1 During the winter break, Sam decides to go for a skiing vacation in Aspen instead of taking piano lessons. The opportunity cost of the skiing vacation is the: • cost of accommodation and food in Aspen. • value of piano lessons.
ECO 365 Final Exam Guide (New, Dec 2015) For more course tutorials visit www.uophelp.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
ECO 365 Final Exam Guide 1 For more course tutorials visit www.uophelp.com • 1Because 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
ECO 365 Week 1 Discussion Question 1 For more course tutorials visit www.uophelp.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.
ECO 365 Week 1 Discussion Question 2 For more course tutorials visit www.uophelp.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
ECO 365 Week 1 Individual Assignment Article Analysis For more course tutorials visit www.uophelp.com • ECO 365 Week 1 Individual Assignment Article Analysis
ECO 365 Week 1 Individual Assignment Economic Analysis For more course tutorials visit www.uophelp.com • 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
ECO 365 Week 1 Individual Assignment Economic Definitions Worksheet For more course tutorials visit www.uophelp.com • Write the definition for each of the following: • 1. Law of Demand • 2. Law of Supply • 3. Price Elasticity of
ECO 365 Week 1 Individual Assignment Supply and Demand Curve Worksheet (2 Sets) For more course tutorials visit www.uophelp.com • This Tutorial contains 2 sets of Worksheet • Complete the Supply and Demand Curve worksheet.Submit through the Assignment tab. • Answer the following questions
ECO 365 Week 1 Ten Principles of Economics and How Markets Work (2 Papers) For more course tutorials visit www.uophelp.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
ECO 365 Week 2 Discussion Question 1 For more course tutorials visit www.uophelp.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
ECO 365 Week 2 Discussion Question 2 For more course tutorials visit www.uophelp.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
ECO 365 week 2 Individual Assignment Supply and Demand Simulation (Microeconomics and the Laws of Supply and Demand ) (3 Papers) For more course tutorials visit www.uophelp.com • This Tutorial contains 3 different Papers • 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
ECO 365 Week 2 Learning Team Reflection Production and Cost Analysis For more course tutorials visit www.uophelp.com • Discuss this week’s 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.
ECO 365 Week 2 Team Assignment Elasticity Paper (Substitute or Compliment) For more course tutorials visit www.uophelp.com • Reflect on why some products become substitutes and why some are compliments (e.g. hot dogs and hot dog buns). • Prepare a 350- to 1,050- word paper detailing
ECO 365 Week 2 Team Assignment Markets and the Economics of the Public Sector (2 Papers) For more course tutorials visit www.uophelp.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 governor’s next economic conference.
ECO 365 Week 2 Team Assignment Product Substitution Versus Product Compliment For more course tutorials visit www.uophelp.com • ECO 365 Week 2 Team Assignment Substitute vs Compliment
ECO 365 Week 3 Current Market Conditions Competitive Analysis For more course tutorials visit www.uophelp.com • ECO 365 Week 3 Current Market Conditions Competitive Analysis • You have been given the responsibility of working with your organization’s CEO to do a competitive market analysis of the potential success of one of their existing products. • Select your organization and a
ECO 365 Week 3 Discussion Question 1 For more course tutorials visit www.uophelp.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
ECO 365 Week 3 Discussion Question 2 For more course tutorials visit www.uophelp.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
ECO 365 Week 3 Learning Team Reflection Summary Market Structure For more course tutorials visit www.uophelp.com • Discuss this week’s 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
ECO 365 week 3 Team Assignment Current Market Conditions Competitive Analysis (3 Papers) For more course tutorials visit www.uophelp.com • This tutorial contains 3 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 product’s potential success. The analysis will focus on your primary competitor in the product’s market. • Select a potential competitive
ECO 365 Week 4 Differentiating Between Market Structures Paper (New Syllabus),Starbucks For more course tutorials visit www.uophelp.com • 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
ECO 365 Week 4 Differentiating Between Market Structures Presentation (Mayo Clinic) For more course tutorials visit www.uophelp.com • 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
ECO 365 Week 4 Differentiating Between Market Structures Presentation (New Syllabus),Starbucks For more course tutorials visit www.uophelp.com • 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
ECO 365 Week 4 Differentiating Between Market Structures Presentation (New), Apple For more course tutorials visit www.uophelp.com • 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
ECO 365 Week 4 Discussion Question 1 For more course tutorials visit www.uophelp.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
ECO 365 Week 4 Discussion Question 2 For more course tutorials visit www.uophelp.com • What effect do government intervention, taxation, and regulations have on economic behavior? Explain.What are real-world examples of government intervention, taxation
ECO 365 Week 4 Individual Assignment Differentiating Between Market Structures Table For more course tutorials visit www.uophelp.com • For this assignment, you will choose from the following options: • o Option 1: Differentiating Between Market Structures in Kudler • o Option 2: Differentiating Between
ECO 365 Week 4 Learning Team Reflection Public Policy in Economics For more course tutorials visit www.uophelp.com • Discuss this week’s 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.
ECO 365 Final Exam Guide (New, 2017) For more course tutorials visit www.uophelp.com • 1 During the winter break, Sam decides to go for a skiing vacation in Aspen instead of taking piano lessons. The opportunity cost of the skiing vacation is the: • cost of accommodation and food in Aspen. • value of piano lessons.
ECO 365 Invent Youself/uophelp.com For more course tutorials visit www.uophelp.com