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ECO 204 Course Extraordinary Education-snaptutoria
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ECO 204 Course Extraordinary Education-snaptutoria
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• ECO 204 Entire Course

• ECO 204 Week 1 DQ 1 Circular Flow Diagram

• Circular Flow Diagram. Explain how the circular
  flow diagram relates to the current economic
  situation.

• Circular Flow Diagram. Explain how the circular
  flow diagram relates to the current economic
  situation.

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ECO 204 Course Extraordinary Education-snaptutoria
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• ECO 204 Week 1 DQ 2 Supply and Demand

• ECO 204 Week 2 DQ 1 Elasticity

• Supply and Demand. Analyze how the law of demand
  applies to a recent purchase that you made.

• Elasticity. Analyze the determinants of the price
  elasticity of demand and determine if each of the
  following products are elastic or inelastic

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ECO 204 Course Extraordinary Education-snaptutoria
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• ECO 204 Week 2 DQ 2 Externalities

• ECO 204 Week 2 Raise or Lower Tuition

• Externalities. Explain the difference between a
  positive and negative externality. In your
  analysis, make sure to provide an example of each
  type of externality.

• Raise or Lower Tuition? You have been hired by
  Nobody State University (NSU) as a consultant to
  help the university with how to increase their
  total revenue.

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ECO 204 Course Extraordinary Education-snaptutoria
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• ECO 204 Week 3 DQ 1 Short and Long Run

• ECO 204 Week 3 DQ 2 Fixed and Variable Costs

• Short and Long Run. Lets assume that you own a
  fast food restaurant and you are faced with many
  customers each day eating in the restaurant
  without any tables.

• Fixed and Variable Costs. After reading Chapter 8
  in the text and viewing the required video for
  this week, Fixed, variable, and marginal cost,
  address the following in your initial post

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• ECO 204 Week 4 DQ 1 Market Structures

• ECO 204 Week 4 DQ 2 Barriers to Entry

• Market Structures. Explain the most important
  characteristic in perfect competition,
  monopolistic competition, oligopoly, and
  monopolies and relate the characteristic

• Barriers to Entry. Analyze the major barriers for
  entry and exit into the airline industry. Explain
  how each barrier can foster either monopoly or
  oligopoly.

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• ECO 204 Week 5 DQ 1 Transfers

• ECO 204 Week 5 DQ 2 Tariffs and Quotas

• Transfers. Why would cash transfers typically be
  preferred by recipients over in-kind transfers?
  What are the pros and cons of each from a
  government perspective?

• Tariffs and Quotas. Who gains and who loses from
  a tariff? How do the effects of tariffs differ
  from the effects of quotas?

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• ECO 204 Week 5 Final Paper

• Focus of the Final Paper
• Market Structures
• You have been hired as a consultant by your local
  mayor to look at the various market structures.

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