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ECO 365 Course Tutorial ECO 365 Entire Course ECO 365 Final Exam Guide (New) • ECO 365 Week 1 Discussion Question 1 • ECO 365 Week 1 Discussion Question 2 • ECO 365 Week 2 Discussion Question 1 • ECO 365 Week 2 Discussion Question 2 • ECO 365 Week 2 Individual Assignment Supply and Demand Simulation • ECO 365 Week 2 Learning Team Reflection Production and Cost Analysis • ECO 365 Week 3 Discussion Question 1 • 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 graph shown. Initially, the market is in equilibrium with price equal to $3 and quantity equal to 100. Government imposes a tax on suppliers of $1 per unit. The effect of the tax is to • 5Refer to the table shown. Diminishing marginal productivity begins when the
ECO 365 Course Tutorial ECO 365 Final Exam Guide ECO 365 Week 1 Discussion Question 1 • ECO 365 Final Exam Guide • 1) An economist who is studying the relationship between the money supply, interest rates, and the rate of inflation is engaged in • 2) A basic difference between microeconomics and macroeconomics is that microeconomics • 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 Course Tutorial ECO 365 Week 1 Discussion Question2 ECO 365 Week 1 Individual Assignment Article Analysis • 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? • ECO 365 Week 1 Individual Assignment Article Analysis
ECO 365 Course Tutorial ECO 365 Week 1 Individual Assignment Economic Analysis ECO 365 Week 1 Individual Assignment Supply and Demand Curve Worksheet (2 Sets) • 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. • 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 Course Tutorial ECO 365 Week 2 Discussion Question 1 ECO 365 Week 2 Discussion Question 2 • 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. • 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.
ECO 365 Course Tutorial ECO 365 week 2 Individual Assignment Supply and Demand Simulation (3 Papers) ECO 365 Week 2 Learning Team Reflection Production and Cost Analysis • 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. • 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 Course Tutorial ECO 365 Week 2 Team Assignment Elasticity Paper (Substitute or Compliment) ECO 365 Week 2 Team Assignment Product Substitution Versus Product Compliment • 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 the findings of your discussion. • ECO 365 Week 2 Team Assignment Substitute vs Compliment
ECO 365 Course Tutorial ECO 365 Week 3 Discussion Question 1 ECO 365 Week 3 Discussion Question 2 • 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. • 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 Course Tutorial ECO 365 Week 3 Learning Team Reflection Summary Market Structure ECO 365 week 3 Team Assignment Current Market Conditions Competitive Analysis (3 Papers) • 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. • 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.
ECO 365 Course Tutorial ECO 365 Week 4 Differentiating Between Market Structures Paper (New Syllabus),Starbucks ECO 365 Week 4 Differentiating Between Market Structures Presentation (New Syllabus),Starbucks • 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.
ECO 365 Course Tutorial ECO 365 Week 4 Differentiating Between Market Structures Presentation (New), Apple ECO 365 Week 4 Discussion Question 1 • 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. • 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 government’s solution to a market failure would worsen the failure? Explain your answer.
ECO 365 Course Tutorial ECO 365 Week 4 Discussion Question 2 ECO 365 Week 4 Individual Assignment Differentiating Between Market Structures Table • 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? • 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 University of Phoenix Material: Differentiating Between Market Structureslocated on the student website and select one option to complete the assignment.
ECO 365 Course Tutorial ECO 365 Week 4 Learning Team Reflection Public Policy in Economics ECO 365 Week 4 Team Assignment Mergers and Joint Ventures (2 Papers) • 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. • 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 • Horizontal Mergers
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