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Title: ECO 365 MART Doing by learn--eco365mart.com


1
ECO 365 MART Doing by learn--eco365mart.com
2
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Final Exam Guide (New, 2019) FOR MORE
CLASSES VISIT www.eco365mart.com 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. cost of buying
a piano. amount paid to the skiing instructor. 2
Which of the following is an example of a
negative externality?
3
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Final Exam Guide (New, Dec 2015) FOR
MORE CLASSES VISIT www.eco365mart.com 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.
Exceed both the marginal cost and the average
total cost of diamonds. Be equal to the
marginal cost of diamonds. Be equal to the
average total cost of diamonds.
4
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Final Exam Guide 1 FOR MORE CLASSES
VISIT www.eco365mart.com   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. 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
5
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 1 Apply The Fundamentals of
Economics Homework FOR MORE CLASSES
VISIT www.eco365mart.com   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,
6
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 1 Discussion Question 1 FOR MORE
CLASSES VISIT www.eco365mart.com   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.
7
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 1 Discussion Question 2 FOR MORE
CLASSES VISIT www.eco365mart.com 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?
8
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 1 Individual Assignment Article
Analysis FOR MORE CLASSES VISIT www.eco365mart.c
om ECO 365 Week 1 Individual Assignment Article
Analysis
9
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 1 Individual Assignment Economic
Analysis FOR MORE CLASSES VISIT www.eco365mart.c
om Prepare a 1,000-1,500 word paper in which you e
xplain what the difference is between a movement a
long and shift of the demand curve. Show the impac
t on the equilibrium price and quantity that resul
ts from  (1) an increase in demand, (2) an increa
se in supply, (3) an increase in both supply and d
emand.  Give an example of the role of supply and 
demand in decision making.  Post in assignments li
nk.   Format your paper consistent with APA guidel
ines.
10
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 1 Individual Assignment Economic
Definitions Worksheet FOR MORE CLASSES
VISIT www.eco365mart.com 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 Identify 2 produc
ts whose demand is price inelastic. Which of the f
ollowing graphs best demonstrates the law of deman
d?
11
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 1 Individual Assignment Supply and
Demand Curve Worksheet (2 Sets) FOR MORE
CLASSES VISIT www.eco365mart.com This Tutorial con
tains 2 sets of Worksheet Complete the Supply and 
Demand Curve worksheet.Submit through the Assignm
ent tab. Answer the following questions Write the 
definition for each of the following 1. Law of De
mand2. Law of Supply
12
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 1 Practice The Fundamentals of
Economic Quiz FOR MORE CLASSES
VISIT www.eco365mart.com 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.
13
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 1 Ten Principles of Economics and
How Markets Work (2 Papers) FOR MORE CLASSES
VISIT www.eco365mart.com   ?This Tutorial
contains 2 Papers 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
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ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 2 Apply Market Dynamics and
Efficiency Homework FOR MORE CLASSES
VISIT www.eco365mart.com   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.
15
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 2 Discussion Question 1 FOR MORE
CLASSES VISIT www.eco365mart.com 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.
16
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 2 Discussion Question 2 FOR MORE
CLASSES VISIT www.eco365mart.com 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.
17
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 week 2 Individual Assignment Supply and
Demand Simulation (Microeconomics and the Laws of
Supply and Demand ) (3 Papers) FOR MORE CLASSES
VISIT www.eco365mart.com 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. Format your paper consistent with
APA guidelines.
18
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 2 Learning Team Reflection
Production and Cost Analysis FOR MORE CLASSES
VISIT www.eco365mart.com 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.
19
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 2 Practice Market Dynamics and
Efficiency Quiz FOR MORE CLASSES
VISIT www.eco365mart.com   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.
20
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 2 Team Assignment Elasticity Paper
(Substitute or Compliment) FOR MORE CLASSES
VISIT www.eco365mart.com Reflect on why some produ
cts become substitutes and why some are compliment
s (e.g. hot dogs and hot dog buns).  Prepare a 350
- to 1,050- word paper detailing the findings of y
our discussion.
21
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 2 Team Assignment Markets and the
Economics of the Public Sector (2 Papers) FOR
MORE CLASSES VISIT www.eco365mart.com ?This
Tutorial contains 2 Papers ECO 365 Week 2 Markets
and the Economics of the Public Sector 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.
22
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 2 Team Assignment Product
Substitution Versus Product Compliment FOR MORE
CLASSES VISIT www.eco365mart.com ECO 365 Week 2 Te
am Assignment Substitute vs Compliment
23
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 3 Apply Elasticity and Consumer
Choice Homework FOR MORE CLASSES
VISIT www.eco365mart.com   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.
24
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 3 Current Market Conditions
Competitive Analysis FOR MORE CLASSES
VISIT www.eco365mart.com ?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
conditions facing your product, making sure that
you address the following topics
25
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 3 Discussion Question 1 FOR MORE
CLASSES VISIT www.eco365mart.com 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.
26
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 3 Discussion Question 2 FOR MORE
CLASSES VISIT www.eco365mart.com 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.
27
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 3 Learning Team Reflection Summary
Market Structure FOR MORE CLASSES
VISIT www.eco365mart.com 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.
28
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 3 Practice Elasticity and Consumer
Choice Quiz FOR MORE CLASSES VISIT www.eco365mar
t.com   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.
29
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 week 3 Team Assignment Current Market
Conditions Competitive Analysis (3 Papers) FOR
MORE CLASSES VISIT www.eco365mart.com This tutoria
l 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. Format your paper consistent with APA
guidelines.
30
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Differentiating Between Market
Structures Paper (New Syllabus),Starbucks FOR
MORE CLASSES VISIT www.eco365mart.com You will app
ly important microeconomics concepts toward the co
mpetitive strategies of an organization that opera
tes in an industry of your choice.  You will evalu
ate the differences between market structures and 
identify a group of competitive strategies consist
ent with the market structure that best aligns wit
h the market in  which the organization competes. 
You will assess how the market structure positivel
y and negatively affects the firm and evaluate the
 efficacy of the structure's competitive 
31
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Differentiating Between Market
Structures Presentation (Mayo Clinic) FOR MORE
CLASSES VISIT www.eco365mart.com You will apply im
portant microeconomics concepts toward the competi
tive strategies of an organization that operates i
n an industry of your choice.  You will evaluate t
he differences between market structures and ident
ify a group of competitive strategies consistent w
ith the market structure that best aligns with the
 market in  which the organization competes. You w
ill assess how the market structure positively and
 negatively affects the firm and evaluate the effi
cacy of the structures
32
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Differentiating Between Market
Structures Presentation (New Syllabus),Starbucks F
OR MORE CLASSES VISIT www.eco365mart.com You will 
apply important microeconomics concepts toward the
 competitive strategies of an organization that op
erates in an industry of your choice. You will eva
luate the  differences between market structures a
nd identify a group of competitive strategies cons
istent with the market structure that best aligns 
with the market in which the organization  compete
s. You will assess how the market structure positi
vely and negatively affects the firm and evaluate 
the efficacy of the structure's competitive strate
gies.  Select an industry. Identify an organizatio
n in that industry. 
33
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Differentiating Between Market
Structures Presentation (New), Apple Company FOR
MORE CLASSES VISIT www.eco365mart.com You will app
ly important microeconomics concepts toward the co
mpetitive strategies of an organization that opera
tes in an industry of your choice. You will evalua
te  the differences between market structures and 
identify a group of competitive strategies consist
ent with the market structure that best aligns wit
h the market in which  the organization competes. 
You will assess how the market structure positivel
y and negatively affects the firm and evaluate the
 efficacy of the structure's competitive strategie
s.  Select an industry. 
34
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Discussion Question 1 FOR MORE
CLASSES VISIT www.eco365mart.com 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.
35
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Discussion Question 2 FOR MORE
CLASSES VISIT www.eco365mart.com 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?
36
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Individual Assignment
Differentiating Between Market Structures Table
FOR MORE CLASSES VISIT www.eco365mart.com For
this assignment, you will choose from the
following options Option 1 Differentiating
Between Market Structures in Kudler Option 2
Differentiating Between Market Structures in an
Organization of Your Choice
37
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Learning Team Reflection Public
Policy in Economics FOR MORE CLASSES
VISIT www.eco365mart.com 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.
38
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Team Assignment Mergers and Joint
Ventures (2 Papers) FOR MORE CLASSES
VISIT www.eco365mart.com This Tutorial Contains 2 
sets of papers   Learning Team Assignment  Week 4
Discuss the differences between horizontal, verti
cal and conglomerate mergers and how those differ 
from a joint venture. Introduction  Horizontal Mer
gers 
39
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Team Assignment The Economics of
Labor Markets FOR MORE CLASSES VISIT www.eco365mar
t.com ?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.
40
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 4 Why Are Some Occupations Paid More
than Others (4 Presentation) FOR MORE CLASSES
VISIT www.eco365mart.com 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. We will
look at the microeconomic data and other sources
for better understanding of trends and
determinants of the labor market. The Bureau of
Labor Statistics
41
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 5 Team Assignment Competitive
Strategies and Government Policies (3 Papers) FOR
MORE CLASSES VISIT www.eco365mart.com This Tutoria
l 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 points.
42
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 week 5 Team Assignment Competitive
Strategies and Government Policies (PPT) FOR MORE
CLASSES VISIT www.eco365mart.com Select an organiz
ation the team is familiar with and which has a gl
obal presence.  Management in the team's organizat
ion has recognized the effect of changes in the re
al-world competitive environment and government po
licies  on other industries and anticipates simila
r events occurring in their industry, so they ask 
you for a report considering the following points.
Create a 12- to 16-slide PowerPoint presentation
 
43
ECO 365 MART Doing by learn--eco365mart.com
ECO 365 Week 5 Theory of Consumer Choice and
Frontiers FOR MORE CLASSES VISIT www.eco365mart.co
m ?ECO 365 Week 5 Theory of Consumer Choice and
Frontiers of Microeconomics 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 ?
Higher wages ?Demand curves ?Higher interest
rates
44
ECO 365 MART Doing by learn--eco365mart.com
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