eco561outlet innovative education/eco561outlet.com

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eco561outlet innovative education/eco561outlet.com
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eco561outlet innovative education
ECO 561 Final Exam Guide (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com   1) In a market econo
my the distribution of output will be determined p
rimarily by  A. a social consensus as to what dis
tribution of income is most equitable. B.
consumer needs and preferences. C. the quantities 
and prices of the resources  that  households 
supply. D. government regulations that provide 
a minimum income  for  all. 
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eco561outlet innovative education
ECO 561 Final Exam Guide(NEW) FOR MORE CLASSES
VISIT www.eco561outlet.com 1) Suppose that in
the clothing market, production costs have
fallen, but the equilibrium price and quantity
purchased have both increased. Based on this
information you can conclude that A. the supply
of clothing has grown faster than the demand for
clothing B. demand for clothing has grown faster
than the supply of clothing C. the supply of and
demand for clothing have grown by the same
proportion D. there is no way to determine what
has happened to supply and demand with this
information
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eco561outlet innovative education
ECO 561 Week 1 DQ 1 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   What kinds of changes in
underlying conditions can cause the supply and
demand curves to shift? Give examples and explain
the direction in which the curves shift. 
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eco561outlet innovative education
ECO 561 Week 1 DQ 2 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   What is price elasticity?
Give examples of five products whose demand is
price elastic, and five products whose demand is
price inelastic and elaborate on the choices you
make.
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eco561outlet innovative education
ECO 561 Week 1 Economic Choice Economic
Decision Making (2 Papers) FOR MORE CLASSES VISIT
www.eco561outlet.com   THIS TUTORIAL CONTAINS 2
PAPERS   Consider your last vehicle purchase and
the decision making process you engaged in while
deciding what vehicle to purchase or if a new
vehicle was the right decision. While analyzing
your decision, keep in mind that everything from
the interest rates to the price of gasoline is
driven by the economy in one way or another.
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eco561outlet innovative education
ECO 561 Week 1 Individual Assignment Market
Equilibrating Process Paper FOR MORE CLASSES
VISIT www.eco561outlet.com Market Equilibrating
Process Paper  Write a 700- to 1,050-word paper
in which you relate the concepts in this week's
readings to a prior real world experience. The
experience does not necessarily have to be work
experience. One note these word count figures
are meant to be a guideline, but feel free to
exceed this if you find it is necessary to
adequately provide relevant details and clarify
important points.
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eco561outlet innovative education
ECO 561 Week 1 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com   1.    
 Revenue increases when 2.      An increase in
the price of an inelastic good 3.      Price
elasticity of demand increases when 4.      The
purpose of a market in a market system is to 5.  
   By specializing in the production of one good,
a company is able to benefit from economics of
scale which increases its revenue. Which of the
following is an attribute of specialization?  
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eco561outlet innovative education
ECO 561 Week 2 DQ 1 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   Cost is a big issue with
every company, and changing the technology is the
biggest cost for most companies, how your company
was able to cope with this problem and maintain
the level of profit in a very competitive market?
 
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eco561outlet innovative education
ECO 561 Week 2 DQ 2 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   Among the types of costs
faced by a firm (short-run costs, fixed and
variable, as well as long-run costs), how can
technology help firms to lower their costs? What
are some specific examples of how firms have used
technology to lower costs?
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eco561outlet innovative education
ECO 561 Week 2 Government Interventions vs.
Market Based Solutions (2 PPT) FOR MORE CLASSES
VISIT www.eco561outlet.com   THIS TUTORIAL
CONTAINS 2 PPT   ECO 561 WEEK 2 GOVERNMENT
INTERVENTIONS VS. MARKET BASED SOLUTIONS   The
theory of market economies emphasizes freedom of
choice and limited government intervention.
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eco561outlet innovative education
ECO 561 Week 2 Individual Assignment Market
Equilibration Process Paper FOR MORE CLASSES
VISIT www.eco561outlet.com Equilibration is the
process of moving between two equilibrium points
as a result of some change in supply or demand.  
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eco561outlet innovative education
ECO 561 Week 2 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com   1.    
 Purely competitve firms increase total revenue
by   2.      What are two ways for a competitve
firm to determine the optimal level of
production, that is, the level of production that
will maximize profit or minimize losses?  
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eco561outlet innovative education
ECO 561 Week 2 Learning Team Reflection FOR MORE
CLASSES VISIT www.eco561outlet.com   ECO 561
Week 2 Learning Team Deliverable   The learning
objectives of week 2 were to identify production
level to maximize profits, explain how to balance
fixed and variable costs, and to apply economic
cost concepts in making business decisions.  
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eco561outlet innovative education
ECO 561 Week 2 Team Assignment Learning Team
Project Product Pricing Component (Apple) FOR
MORE CLASSES VISIT www.eco561outlet.com   Learnin
g Team Assignment Learning Team Project Product
Pricing Component Select an organization with
which you are familiar or in which you are
interested that provides a private good or
service. You will want to focus on the same firm
or organization as you work on each Learning Team
Project assignment in this class as you build the
final paper due Week 6.
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eco561outlet innovative education
ECO 561 Week 3 DQ 1 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   Do you think that
competition can be counted on to discipline the
industrial business firms of a modern economy?
Explain. 
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eco561outlet innovative education
ECO 561 Week 3 DQ 2 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   In your industry, would
you support regulation or deregulation and why or
why not?  
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eco561outlet innovative education
ECO 561 Week 3 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com   1.      A
purely- or perfectly-competitive firm would be
characterized by which of the following?   2.    
 For a purely-competitive firm, price must
be   3.      What will excessive or economic
profits induce for a firm in any industry
structure? 4.      A pure-monopoly firms demand
curve is also the market demand curve.  
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eco561outlet innovative education
ECO 561 Week 3 Learning Team Reflection FOR MORE
CLASSES VISIT www.eco561outlet.com   ECO 561
Week 3 Learning Team Reflection/Deliverable   The
learning objectives of week 3 were to determine
pricing strategy to meet organizational goals,
determine ways to create non price barriers to
entry based on market structure, determine ways
to increase product differentiation based on
market structure, and to determine ways to reduce
costs for an organization.
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eco561outlet innovative education
ECO 561 Week 3 Market Structure And Pricing
Power FOR MORE CLASSES VISIT www.eco561outlet.com
  ECO 561 WEEK 3 MARKET STRUCTURE AND PRICING
POWER  Select a new, realistic good or service
for an existing industry, preferably an industry
you current work in or one in which you are
interested in working. Develop a 1,400-word
evaluation of pricing strategies available
producers of your selected product. This will
include statements about the market structure and
the elasticity of demand for the product, based
on text book principles and real world products
under development.
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eco561outlet innovative education
ECO 561 Week 3 Team Assignment Market Structures
Simulation (Apple) FOR MORE CLASSES VISIT
www.eco561outlet.com   Learning Team Assignment
Market Structures Simulation  Write a 1,050- to
1,400- word paper where you explain the following
in the context of the simulation. One note these
word count figures are meant to be a guideline,
but feel free to exceed this if you find it is
necessary to adequately provide relevant details
and clarify important points.
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eco561outlet innovative education
ECO 561 Week 4 DQ 1 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   How does the Federal
Reserve's monetary policy affect your industry's,
or company's growth?   
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eco561outlet innovative education
ECO 561 Week 4 DQ 2 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   How would you evaluate
monetary policy today?  Is monetary policy
contradictory with fiscal policy? Why or Why
not?  Support your analysis with examples.  
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eco561outlet innovative education
ECO 561 Week 4 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com   1.    
 Business cycles occur when output  2.      Which
of these statements best describes a complete
individual buisness cycle?  3.      During the
buisness cycle, the period between the point at
which output reaches a high and the point at
which it reaches a low is called  4.      Which
of the following equals the market value of all
final goods and services produced in an economy,
stated in the prices of a specific base year?
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eco561outlet innovative education
ECO 561 Week 4 Learning Team Project
Macroeconomic Forecast Outline (Apple) FOR MORE
CLASSES VISIT www.eco561outlet.com   1. Learning
Team Assignment Learning Team Project
Macroeconomic Forecast Outline Prepare a brief
outline of the Week 5 Learning Team Project
Macroeconomic Forecast Component in which you
answer the following questions 1. What are the
economic indicators for which you will be
providing forecasts? 2. It is important to
evaluate the historical relationship between
variables in order to explain how one indicator
or variable may impact another. With this in
mind, what sources will you use to obtain
historical data for the economic indicators that
you have selected?
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eco561outlet innovative education
ECO 561 Week 4 Team Assignment Business Cycles,
Economic Shocks, And Restoring Equilibrium FOR
MORE CLASSES VISIT www.eco561outlet.com   ECO
561 WEEK 4 TEAM ASSIGNMENT BUSINESS CYCLES,
ECONOMIC SHOCKS, AND RESTORING EQUILIBRIUM As a
manager, it is important to understand how the
business cycle affects supply and demand, prices,
and how economic shocks will impact your
company's markets, supply chain, and financing.
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eco561outlet innovative education
ECO 561 Week 5 DQ 1 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   How does the Federal
Reserve's monetary policy affect your industry's,
or company's growth? 
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eco561outlet innovative education
ECO 561 Week 5 DQ 2 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   How would you evaluate
monetary policy today?  Is monetary policy
contradictory with fiscal policy? Why or Why
not?  Support your analysis with examples.
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eco561outlet innovative education
ECO 561 Week 5 Knowledge Check (quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com   1.      The
Classical Theory of Asset Prices assumes which of
the following ideas?  2.      Economists use two
principle interest rates normal and real. The
purpose of this distinction is to  3.      During
periods of incresing inflationary pressure, the
Federal Reserve should  4.      What is the
increased morak hazard associated wuth the too
big to fall (TBTF) ballouts of the largest of
financial institutions?
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eco561outlet innovative education
ECO 561 Week 5 Learning Team Project
Macroeconomic Forecast Component (Apple) FOR MORE
CLASSES VISIT www.eco561outlet.com   Learning
Team Assignment Learning Team Project
Macroeconomic Forecast Component   Include the
following in this paper   Identify a list of
five economic indicators which will be the
subject of this paper.
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eco561outlet innovative education
ECO 561 Week 5 Team Assignment Comparative And
Absolute Advantage FOR MORE CLASSES VISIT
www.eco561outlet.com   ECO 561 WEEK 5 TEAM
ASSIGNMENT COMPARATIVE AND ABSOLUTE
ADVANTAGE Develop a 1,750-word analysis of the
international economy in which you do the
following Analyze measures of economic growth,
and comparative and absolute advantage in
international trade for the following
countries USA China Saudi Arabia Democratic
Republic of Congo
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eco561outlet innovative education
ECO 561 Week 6 Challenges Of Expansion To A
Foreign Location (2 Papers) FOR MORE CLASSES
VISIT www.eco561outlet.com   THIS TUTORIAL
CONTAINS 2 PAPERS   ECO 561 WEEK 6 CHALLENGES OF
EXPANSION TO A FOREIGN LOCATION Revise your Week
3 economic analysis using the feedback provided
by your facilitator to evaluate the challenges of
expanding your company's production to a foreign
market.
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eco561outlet innovative education
ECO 561 Week 6 DQ 1 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com   How much has the growth
in international trade impacted your company, or
industry? Has the devaluation of the U.S. dollar
impacted your company, or industry? Explain. 
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eco561outlet innovative education
ECO 561 Week 6 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com   1. If the
demand is QD 100 10P and there is a 1 price
increase, then the elasticity of demand at p 2
is 2. If the absolute value of a demand
elasticity is less than 1, then 3. If the
cross-price elasticity is negative, then the two
goods are 4. Under perfect competition, a firm
maximizes its profit by setting 5. In a large
city, a good, real-world example for perfect
competition would be 6. A firm under monopolistic
competition will earn  
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eco561outlet innovative education
ECO 561 Week 6 Team Assignment (Final),
(Apple) FOR MORE CLASSES VISIT www.eco561outlet.c
om   Learning Team Assignment International
Paper         Resources The data compiled from
the University of Phoenix Material Big Drive
Auto in Week Four (or the material from your own
organization in which you faculty member has
approved)          Write a 700- to 1,050- word
paper addressing the following issues in the
context of the scenario o        Identify and
justify the macroeconomic measures of output and
prices which you have selected for Big Drive
Autos planning.
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eco561outlet innovative education