ECO 365 Course Great Wisdom / tutorialrank.com - PowerPoint PPT Presentation

About This Presentation
Title:

ECO 365 Course Great Wisdom / tutorialrank.com

Description:

For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 5 Times, Rating: A+ 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. – PowerPoint PPT presentation

Number of Views:8
Slides: 17
Provided by: jabbaree42

less

Transcript and Presenter's Notes

Title: ECO 365 Course Great Wisdom / tutorialrank.com


1
ECO 365 Course Great Wisdom-tutorialrank.com
For More Tutorials
www.tutorialrank.com
2
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Final Exam Guide (New, Dec 2015)
  • ECO 365 Final Exam Guide 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
  • 1. Because 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
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 1 Discussion Question 1
  • ECO 365 Week 1 Discussion Question 2 (UOP Course)
  • 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.
  • 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?

4
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 1 Individual Assignment Article
    Analysis Paper (UOP Course)
  • ECO 365 Week 1 Individual Assignment Economic
    Analysis
  • ECO 365 Week 1 Individual Assignment Article
    Analysis Paper (UOP Course)
  • 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.

5
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 1 Individual Assignment Economic
    Definitions Worksheet
  • ECO 365 Week 1 Individual Assignment Supply and
    Demand Curve Worksheet (2 Sets)
  • Write the definition for each of the following
  •  
  • 1. Law of Demand
  •  
  • 2. Law of Supply
  •  
  • 3. Price Elasticity of Demand
  • This Tutorial contains 2 sets of Worksheet
  • Complete the Supply and Demand Curve
    worksheet.Submit through the Assignment tab.
  • Answer the following questions 
  • Write the definition for each of the following 

6
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 1 Ten Principles of Economics and
    How Markets Work (2 Papers)
  • ECO 365 Week 2 Discussion Question 1 (UOP Course)
  • 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. 1, 2, 3,
    4, 5, and 6, as the source for all your
    information.
  • 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.

7
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 2 Discussion Question 2 (UOP Course)
  • ECO 365 week 2 Individual Assignment Supply and
    Demand Simulation (Microeconomics and the Laws of
    Supply and Demand ) (3 Papers)
  • 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.
  • This Tutorial contains 2 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

8
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 2 Learning Team Reflection
    Production and Cost Analysis (UOP Course)
  • ECO 365 Week 2 Team Assignment Elasticity Paper
    (Substitute or Compliment)
  • Discuss this weeks 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.
  • 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.

9
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 2 Team Assignment Markets and the
    Economics of the Public Sector (2 Papers)
  • ECO 365 Week 2 Team Assignment Product
    Substitution Versus Product Compliment
  • ECO 365 Week 2 Markets and the Economics of the
    Public SectorYou have been assigned to a team
    that has the responsibility of preparing a paper
    consisting of 1,750 words for the governors next
    economic conference. Your paper should address
    the following
  • ECO 365 Week 2 Team Assignment Substitute vs
    Compliment

10
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 3 Current Market Conditions
    Competitive Analysis
  • ECO 365 Week 3 Discussion Question 1 (UOP Course)
  • ECO 365 Week 3 Current Market Conditions
    Competitive AnalysisYou have been given the
    responsibility of working with your
    organizations CEO to do a competitive market
    analysis of the potential success of one of their
    existing products.
  • 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?

11
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 3 Discussion Question 2 (UOP Course)
  • ECO 365 Week 3 Learning Team Reflection Summary
    Market Structure (UOP Course)
  • 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
  • Discuss this weeks 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.

12
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 week 3 Team Assignment Current Market
    Conditions Competitive Analysis (2 Papers)
  • ECO 365 Week 4 Differentiating Between Market
    Structures Paper (New Syllabus),Starbucks
  • This tutorial contains 2 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
  • 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

13
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 4 Differentiating Between Market
    Structures Presentation (Mayo Clinic)
  • 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 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.

14
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 4 Differentiating Between Market
    Structures Presentation (New), Apple Company
  • ECO 365 Week 4 Discussion Question 1 (UOP Course)
  • 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.
  • 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 governments solution to a
    market failure would worsen the failure? Explain
    your answer.

15
ECO 365 Course Great Wisdom-tutorialrank.com
  • ECO 365 Week 4 Discussion Question 2 (UOP Course)
  • ECO 365 Week 4 Discussion Question 1 (UOP Course)
  • 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?
  • 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 governments solution to a
    market failure would worsen the failure? Explain
    your answer.

16
ECO 365 Course Great Wisdom-tutorialrank.com
For More Tutorials
www.tutorialrank.com
Write a Comment
User Comments (0)
About PowerShow.com