Title: ECON 545 Education Specialist / econ545.com
1ECON 545 Education Specialist / econ545.com
2ECON 545 Education Specialist
ECON 545 All Weeks Discussion (Devry) For more
course tutorials visit www.econ545.com  DEVRY
ECON 545 Week 1 DQ 1 Supply and Demand DEVRY ECON
545 Week 1 DQ 2 Elasticity and the Minimum
Wage DEVRY ECON 545 Week 2 DQ 1 Marginal Analysis
3ECON 545 Education Specialist
ECON 545 Entire Course Final Exam (New) For
more course tutorials visit www.econ545.com  ECON
545 Week 1 DQ 1 Supply and Demand ECON 545 Week
1 DQ 2 Elasticity and the Minimum Wage ECON 545
Week 2 DQ 1 Marginal Analysis
4ECON 545 Education Specialist
ECON 545 Final Exam Set 2 For more course
tutorials visit www.econ545.com  1. (TCO A)
Suppose you are hired to manage a small
manufacturing facility that produces Widgets.
(a.) (15 points) You know from data collected on
5ECON 545 Education Specialist
ECON 545 Week 1 DQ 1 Supply and Demand For more
course tutorials visit www.econ545.com  What is
the difference between a change in demand versus
a change in quantity demanded? A change in supply
versus a change in quantity supplied? Why is it
so important to differentiate between these
similar-sounding terms?
6ECON 545 Education Specialist
ECON 545 Week 1 DQ 2 Elasticity and the Minimum
Wage For more course tutorials
visit www.econ545.com  What are your thoughts
about minimum wage legislation? What kind of a
price-control policy is this? Who gains? Who
loses? Are there alternatives to this legislation
for achieving the same policy objectives? What
role do demand and supply elasticities play in
determining outcomes?
7ECON 545 Education Specialist
ECON 545 Week 2 DQ 1 Marginal Analysis For more
course tutorials visit www.econ545.com  Why is
marginal analysis important in economics? How do
the tutorials Basics of Marginal Analysis and
Understanding and Applying Marginal Analysis at
the end of this week's lecturereinforce the
concepts of marginal analysis
8ECON 545 Education Specialist
ECON 545 Week 2 DQ 2 Controlling Costs For more
course tutorials visit www.econ545.com  Name
some of the ways firms attempt to control their
costs. How does your firm control costs? The key
here in keeping this question
9ECON 545 Education Specialist
ECON 545 Week 2 Quiz For more course tutorials
visit www.econ545.com  1) Consider the market
for ping golf clubs. Suppose the price of
memberships at local golf courses increases. Use
the line drawing tool to show how this affects
the demand for ping golf clubs by drawing a new
demand curve.
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