ECO 365 Week 3 Knowledge Check

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ECO 365 Week 4 Knowledge Check

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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.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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• 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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• 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
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• 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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• 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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• 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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• 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
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