ECO 365 Learn by Doing /newtonhelp.com

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ECO 365 Learn by Doing  /newtonhelp.com
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ECO 365 Final Exam Guide (New, 2019)

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•  
• 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.

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ECO 365 Final Exam Guide (New, Dec 2015)

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• 1). The DeBeers company is a profit-maximizing mon
  opolist that exercises monopoly power in the distr
  ibution of diamonds. If the company earns positive
   economic profits this year, the price of diamonds
   will  
• Exceed the marginal cost of diamonds but equal t
  o the average total cost of diamonds.  
• Exceed both the marginal cost and the average to
  tal cost of diamonds.  
• Be equal to the marginal cost of diamonds.  
• Be equal to the average total cost of diamonds.
•  
• 2). Using 100 workers and 10 machines, a firm can 
  produce 10,000 units of output using 250 workers 
  and 25 machines, the firm produces 21,000 units of
   output. These facts are best explained by   

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ECO 365 Final Exam Guide 1

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• 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
• 6 Refer to the graph shown. If this
  monopolistically competitive firm maximizes
  profit, it will
• 7  The price of a ticket to a rock concert is set
  at 35. All the tickets for the concert sell out
  1 hour after they go on sale and there are still
  1,000 fans who want to buy tickets. It follows
  that
• 8  Which of the following statements is true?
• 9  State what type of business combination is
  occurring in the following scenario Samsung and
  Sony become partners in a flat screen
  manufacturing company.

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ECO 365 Week 1 Apply The Fundamentals of
Economics Homework

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• ECO 365 Week 1 Apply The Fundamentals of
  Economics Homework
• Review the Week 1 The Fundamentals of Economics
  Quiz in preparation for this assignment.
•  
• Complete the Week 1 The Fundamentals of Economics
  Homework in McGraw-Hill Connect. These are
  randomized questions.
•  
• Note You have only one attempt available to
  complete assignments. Grades must be transferred
  manually to eCampus by your instructor. Dont
  worry, this might happen after the due date.
•  
• The opportunity cost of an action is always equal
  to

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ECO 365 Week 1 Discussion Question 1

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•  
• 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. 
•  

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ECO 365 Week 1 Discussion Question 2

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• 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?
•  

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ECO 365 Week 1 Individual Assignment Article
Analysis

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• ECO 365 Week 1 Individual Assignment Article
  Analysis
•  
•  
•  

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ECO 365 Week 1 Individual Assignment Economic
Analysis

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• 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. 
•  

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ECO 365 Week 1 Individual Assignment Economic
Definitions Worksheet

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• Write the definition for each of the following
• 1.         Law of Demand
• 2.         Law of Supply
• 3.         Price Elasticity of Demand
• 4.         Macroeconomics
• 5.         Microeconomics

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ECO 365 Week 1 Individual Assignment Supply and
Demand Curve Worksheet (2 Sets)

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• 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
•  
• Law of Demand
•  
•  
•  
•  
• Law of Supply
•  

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ECO 365 Week 1 Practice The Fundamentals of
Economic Quiz

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• ECO 365 Week 1 Practice The Fundamentals of
  Economic Quiz
• Complete the Week 1 The Fundamentals of Economics
  Quiz in McGraw-Hill Connect. These are
  randomized questions.
• Note You have unlimited attempts available to
  complete practice assignments. The highest scored
  attempt will be recorded. These assignments have
  earlier due dates, so plan accordingly. Grades
  must be transferred manually to eCampus by your
  instructor. Dont worry, this might happen after
  the due date.

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ECO 365 Week 1 Ten Principles of Economics and
How Markets Work (2 Papers)

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• 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.
• Identify the fundamental lessons the Ten
  Principles of Economics teach about
•   How people make decisions
•   How people interact
•   How the economy as

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ECO 365 Week 2 Apply Market Dynamics and
Efficiency Homework

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• ECO 365 Week 2 Apply Market Dynamics and
  Efficiency Homework
• Review the Week 2 Market Dynamics and Efficiency
  Quiz in preparation for this assignment. 
• Complete the Week 2 Market Dynamics and
  Efficiency Homework in McGraw-Hill Connect.
  These are randomized questions.
• Note You have only one attempt available to
  complete assignments. Grades must be transferred
  manually to eCampus by your instructor. Dont
  worry, this might happen after the due date.
• The demand and supply schedules for sunscreen

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ECO 365 Week 2 Discussion Question 1

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• 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.

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ECO 365 Week 2 Discussion Question 2

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• 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.
•  
• Yes
•  

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ECO 365 week 2 Individual Assignment Supply and
Demand Simulation (Microeconomics and the Laws of
Supply and Demand ) (3 Papers)

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• 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 and two
  macroeconomics principles or concepts from the
  simulation. Explain why you have categorized
  these principles or concepts as macroeconomic or
  microeconomic.

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ECO 365 Week 2 Learning Team Reflection
Production and Cost Analysis

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• 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.

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ECO 365 Week 2 Practice Market Dynamics and
Efficiency Quiz

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• ECO 365 Week 2 Practice Market Dynamics and
  Efficiency Quiz
• Complete the Week 2 Market Dynamics and
  Efficiency Quiz in McGraw-Hill Connect. These
  are randomized questions. 
• Note You have unlimited attempts available to
  complete practice assignments. The highest scored
  attempt will be recorded. These assignments have
  earlier due dates, so plan accordingly. Grades
  must be transferred manually to eCampus by your

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ECO 365 Week 2 Team Assignment Elasticity Paper
(Substitute or Compliment)

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• 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.

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ECO 365 Week 2 Team Assignment Markets and the
Economics of the Public Sector (2 Papers)

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• You 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
•   Explain why equilibrium of supply and demand
  is desirable.
•   Explain the following concepts using the
  concept of consumer and producer surplus
•   Efficiency

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ECO 365 Week 2 Team Assignment Product
Substitution Versus Product Compliment

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• ECO 365 Week 2 Team Assignment Substitute vs
  Compliment

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ECO 365 Week 3 Apply Elasticity and Consumer
Choice Homework

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• ECO 365 Week 3 Apply Elasticity and Consumer
  Choice Homework
• Review the Week 3 Elasticity and Consumer Choice
  Quiz in preparation for this assignment.
• Complete the Week 3 Elasticity and Consumer
  Choice Homework in McGraw-Hill Connect. These
  are randomized questions.
• Note You have only one attempt available to
  complete assignments. Grades must be transferred
  manually to eCampus by your instructor. Dont
  worry, this might happen after the due date.
• Which of

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ECO 365 Week 3 Current Market Conditions
Competitive Analysis

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• ECO 365 Week 3 Current Market Conditions
  Competitive Analysis
• You 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.
• Select your organization and a product produced
  by that organization from IndustryWeek.
• Write a 2,100-word analysis of the current market

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ECO 365 Week 3 Discussion Question 1

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• 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
•  

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ECO 365 Week 3 Discussion Question 2

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• 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. 
•  

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ECO 365 Week 3 Learning Team Reflection Summary
Market Structure

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• 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.

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ECO 365 Week 3 Practice Elasticity and Consumer
Choice Quiz

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• ECO 365 Week 3 Practice Elasticity and Consumer
  Choice Quiz
• Complete the Week 3 Elasticity and Consumer
  Choice Quiz in McGraw-Hill Connect. These are
  randomized questions. 
• Note You have unlimited attempts available to
  complete practice assignments. The highest scored
  attempt will be recorded. These assignments have
  earlier due dates, so plan accordingly. Grades
  must be transferred manually to eCampus by your
  instructor. Dont worry, this might happen after
  the due date.
• Which of the

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ECO 365 week 3 Team Assignment Current Market
Conditions Competitive Analysis (3 Papers)

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• 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 products
  potential success. The analysis will focus on
  your primary competitor in the products market.
•  
• Select a potential competitive

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ECO 365 Week 4 Differentiating Between Market
Structures Paper (New Syllabus),Starbucks

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• 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.

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ECO 365 Week 4 Differentiating Between Market
Structures Presentation (Mayo Clinic)

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•  
• 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.

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ECO 365 Week 4 Differentiating Between Market
Structures Presentation (New Syllabus),Starbucks

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•  
• 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.

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ECO 365 Week 4 Differentiating Between Market
Structures Presentation (New), Apple

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• 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

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ECO 365 Week 4 Discussion Question 1

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• 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

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ECO 365 Week 4 Discussion Question 2

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• 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?

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ECO 365 Week 4 Individual Assignment
Differentiating Between Market Structures Table

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• 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  

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ECO 365 Week 4 Learning Team Reflection Public
Policy in Economics

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• 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.

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ECO 365 Week 4 Team Assignment Mergers and Joint
Ventures (2 Papers)

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• 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
•  
• Vertical Mergers
•  
• Conglomerate Mergers
•  
• Joint Venture
•  

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ECO 365 Week 4 Team Assignment The Economics of
Labor Markets

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• ECO 365 Week 4 The Economics of Labor Markets
• Select an organization your team is familiar with
  or an organization where a team member works.
• Develop a 15- to 20-slide Microsoft PowerPoint
  presentation to be presented to the CEOs
  executive committee that addresses how your
  chosen organization determines what quantity of
  labor to demand and what events could shift the
  demand and supply of that labor.
• Explain the following in your presentation
•   How your organizations production function is
  related to its marginal
•  

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ECO 365 Week 4 Why Are Some Occupations Paid More
than Others (4 Presentation)

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•  This Tutorial contains 4 Presentations
• ECO 365 Week 4 Why Are Some Occupations Paid
  More than Others?
• Purpose of Assignment
• The purpose of this assignment is so students may
  look at the microeconomic data and other sources
  for better understanding of trends and
  determinants of the labor market.

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ECO 365 week 5 Team Assignment Competitive
Strategies and Government Policies (3 Papers)

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• This Tutorial contains 3 sets of papers
• Management has recognized the effect of changes
  in the real-world competitive environment and
  government policies on other industries and
  anticipates similar events occurring in their
  industry, so they ask you for a report
  considering the following

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ECO 365 week 5 Team Assignment Competitive
Strategies and Government Policies (PPT)

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• Select an organization the team is familiar with
  and which has a global presence. 
• Management in the team's organization has
  recognized the effect of changes in the
  real-world competitive environment and government
  policies on other industries and anticipates
  similar events occurring in their industry, so
  they ask you for a report considering the
  following points.

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ECO 365 Week 5 Theory of Consumer Choice and
Frontiers of Microeconomics (2 Papers)

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• You have been asked to assist your organizations
  marketing department to better understand how
  consumers make economic decisions.
• Write a 1,050-word analysis that includes the
  following
•   The impact the theory of consumer choice has
  on
•   Demand curves
•   Higher wages

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ECO 365 Learn by Doing  /newtonhelp.com