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ECO 365 Week 3 Knowledge Check

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Title: ECO 365 Week 3 Knowledge Check


1
ECO 365 Week 4 Knowledge Check
  • By www.StudentWhiz.com

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  • ECO 365 Week 4 Knowledge Check
  • Questions to ECO 365 Week 4 Knowledge Check are
    as follow
  • What do economists mean when they say there is
    "market failure"?
  • Business has introduced a product that consumers
    did not want.
  • Free markets have led to excessive profits.
  • Markets have surpluses or shortages so that
    government rationing is necessary.
  • Free markets yield results that economists do not
    consider socially optimal.
  • 2.If a market has no externalities, marginal
    private costs
  • exceed marginal social costs
  • equal marginal social costs
  • are below marginal social costs
  • intersect marginal social costs

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3
  • 3.Economists generally call the effect of an
    agreement on others that is not taken into
    account by the parties making the agreement
  • an externality
  • welfare loss
  • Pareto optimality
  • excess burden
  • Click here to download ECO 365 Week 2 Learning
    Team Reflection Production and Cost Analysis
  • 4.The size performance improvements sought by
    those pursuing horizontal mergers is
  • economies of scale
  • increased market share
  • to coordinate activities more efficiently to spur
    growth
  • to decrease competition

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4
  • 5.A company buys another company in the same
    supply chain, but either in front of it or behind
    it in the supply chain. This is called
  • a horizontal acquisition
  • a vertical acquisition
  • a conglomerate
  • a joint venture
  • 6.Sony and Toshiba become partners in a
    microprocessor manufacturing company. This is
    called
  • a horizontal acquisition
  • a vertical acquisition
  • a conglomerate
  • a joint venture
  • s a whole

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5
  • 7.If two companies share ownership in a venture
    and agree on a formal management structure
    including members of both companies,this is
    called a
  • horizontal acquisition
  • vertical acquisition
  • joint venture
  • Conglomerate
  • 8.Two companies come together to take on a
    project that has an explicit time cycle and
    ending point. The most efficient form of
    acquisition of this project is
  • a horizontal acquisition
  • a joint venture
  • a vertical acquisition
  • a conglomerate
  • Want to see the complete Quiz or Knowledge
    Check..?? Click ECO 365 Final Exam Knowledge
    Check

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6
  • 9.The more elastic the supply and the demand
    curves are,
  • the smaller the shortage a price ceiling will
    create
  • greater the shortage a price ceiling will create
  • smaller the surplus a price ceiling will create
  • greater the surplus a price ceiling will create
  • 10.Assuming a binding price floor, the more
    elastic the supply and demand curves are,
  • the smaller the shortage a price floor will
    create
  • greater the shortage a price floor will create
  • smaller the surplus a price floor will create
  • greater the surplus a price floor will create

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7
  • About Author
  • This article covers the topic for the University
    Of Phoenix ECO 365 Week 4 Knowledge Check. The
    author is working in the field of education from
    last 5 years. This article covers the basic of
    ECO 365 Final Exam Knowledge Check from UOP.
    Other topics in the class are as follows
  • ECO 365 Week 1 DQ 1
  • ECO 365 Week 1 DQ 2
  • ECO 365 Week 1 DQ 3
  • ECO 365 Week 1 Knowledge Check
  • ECO 365 Week 1 Complete
  • ECO 365 Week 2 DQ 1
  • ECO 365 Week 2 DQ 2
  • ECO 365 Week 2 DQ 3
  • ECO 365 Week 2 Individual Assignments

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8
  • ECO 365 Week 2 Learning Team Reflection
    Production and Cost Analysis
  • ECO 365 Week 2 Knowledge Check
  • ECO 365 Week 2 Complete
  • ECO 365 Week 3 DQ 1
  • ECO 365 Week 3 DQ 2
  • ECO 365 Week 3 Learning Team Current Market
    Conditions Competitive Analysis
  • ECO 365 Week 3 Learning Team Reflection Market
    Structure
  • ECO 365 Week 3 Knowledge Check
  • ECO 365 Week 3 Complete
  • ECO 365 Week 4 DQ 2

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9
  • ECO 365 Week 4 DQ 3
  • ECO 365 Week 4 Individual Assignment
    Differentiating Between Market Structures
  • ECO 365 Week 4 Learning Team Reflection Public
    Policy in Economics
  • ECO 365 Week 4 Knowledge Check
  • ECO 365 Week 4 Complete
  • ECO 365 Week 5 DQ 1
  • ECO 365 Week 5 DQ 2
  • ECO 365 Week 5 DQ 3
  • ECO 365 Week 5 Learning Team Competitive
    Strategies and Government Policies
  • ECO 365 Week 5 Learning Team Reflections Global
    Competition
  • ECO 365 Week 5 Knowledge Check
  • ECO 365 Week 5 Complete
  • Want to check other classes..??
    Visit www.StudentWhiz.com
  •  

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