ECO 561 Students Guide / Tutorialrank.com

ECO 561 Students Guide / Tutorialrank.Com For More Best A+ Tutorials www.tutorialrank.com

ECO 561 Students Guide / Tutorialrank.Com • ECO 561 Week 1 Individual Assignment Scenario Concept (Price Elasticity Scenario) • ECO 561 Week 1 DQ 1 • ECO 561 Week 1 DQ 2 • ECO 561 Week 2 Learning Team Assignment Scenario Analysis • ECO 561 Week 2 Assignment Cost and Revenue Curves Simulation • ECO 561 Week 2 DQ 1 • ECO 561 Week 2 DQ 2 • ECO 561 Week 3 Individual Assignment Cost Scenario • ECO 561 Week 3 DQ 1 • ECO 561 Week 3 DQ 2 • Chapter 1 Quiz • Question 1 • As per the law of demand: When rates increase, ceteris paribus • Question 2 • In response to news reports that taking aspirins daily can reduce an individual's risk of a heart attack, there will most likely be • Question 3 • The number of pizzas this restaurant sells per week increases from 500 to 700. This could be caused by ECO 561 Entire Course (UOP Course) ECO 561 Chapter 1 Quiz (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • CHAPTER 2 QUIZ • Question 1 • The equilibrium $price is ___ and the equilibrium quantity is ___. • Question 2 • At what price would there be an excess demand of 125? • Question 3 • If the supply curve shifts to the left, which of the following will be true? • CHAPTER 3 QUIZ • Question 1 • The demand curve facing each wool producer is ________ starting at $3.00 per pound. • Question 2 • If a firm in a perfectly competitive industry raises price above market price, • Question 3 • The fast food industry is not considered perfectly competitive because: ECO 561 Chapter 2 Quiz (UOP Course) ECO 561 Chapter 3 Quiz (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • Question 1 • The demand for lumber decreased in August. Supply of lumber has remained constant and five months later there still has been no change in lumber prices. This is an example of • Question 1 • Which of the following is NOT included in 1994's GDP? • Question 2 • Which of the following would be counted in the GNP of the United States, but not the GDP of the United States? ECO 561 Chapter 5 Quiz (UOP Course) ECO 561 Chapter 6 Quiz (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • Question 1 • A recession is marked by ______________ output and ________ unemployment. • Question 2 • To be classified as unemployed, an individual who is sixteen years of age or older • Question 1 • The direct exchange of goods and services for other goods and services is • Question 2 • An item used as money that also has intrinsic value in some other use is • Question 3 • The equation for M2 is ECO 561 Chapter 7 Quiz (UOP Course) ECO 561 Chapter 8 Quiz (UOP Course)

ECO 561 Students Guide / Tutorialrank.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. • 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. ECO 561 Week 1 DQ 1 (UOP Course) ECO 561 Week 1 DQ 2 (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • Individual Assignment: Scenario Concept • · Resources: Will Bury’s Price Elasticity Scenario • · Read the University of Phoenix Material – Will Bury’s Price Elasticity Scenario. • · Write a 350- to 700-word paper explaining the economic concepts found in the reading assignment. • · Discuss how the course readings relate to the context of the scenario. Be sure to include citations and references where appropriate. • Complete the Economics for Managerial Decision Making: Cost and Revenue Curves simulation located on your student website. How might you apply the principles presented in the simulation more effectively in your future business decisions? How do these decisions relate to your business when you are dealing with different states’ cost structures? ECO 561 Week 1 Individual Assignment Scenario Concept (Price Elasticity Scenario) (UOP Course) ECO 561 Week 2 Assignment Cost and Revenue Curves Simulation (UOP Course)

ECO 561 Students Guide / Tutorialrank.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? • 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? ECO 561 Week 2 DQ 1 (UOP Course) ECO 561 Week 2 DQ 2 (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • Learning Team Assignment: Scenario Analysis • Review the University of Phoenix Material – Will Bury’s Price Elasticity Scenario introduced in Week One. You may also use information from your own organization. If you use your own organization, get approval from your instructor before proceeding. Prepare a 350- to 700-word report where you explain the following concepts in the context of the Will Bury scenario • Do you think that competition can be counted on to discipline the industrial business firms of a modern economy? Explain. ECO 561 Week 2 Learning Team Assignment Scenario Analysis (UOP Course) ECO 561 Week 3 DQ 1 (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • In your industry, would you support regulation or deregulation and why or why not? • In this assignment, make a decision whether to accept an order for a product which requires displacing another product from production. This employs contribution analysis, opportunity cost, and cost concepts. The University of Phoenix Material – ClearHear Scenario provides a problem statement, opportunities, and end state goals. ECO 561 Week 3 DQ 2 (UOP Course) ECO 561 Week 3 Individual Assignment Cost Scenario (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • How does the Federal Reserve's monetary policy affect your industry's, or company's growth? • How would you evaluate monetary policy today? Is monetary policy contradictory with fiscal policy? Why or Why not? Support your analysis with examples. ECO 561 Week 4 DQ 1 (UOP Course) ECO 561 Week 4 DQ 2 (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • AnalysisUsing the link provided on Week Four of the rEsource page, access and complete the simulation, Economics for Managerial Decision Making: Market Structures. • · Resources: Economics for Managerial Decision Making: Market Structures simulation • · Write a 700- to 1,050- word paper where you explain the following in the context of the simulation:o • Create a solution using strategic variables available to you to sustain the economic profits the firm can earn. • Question 1 • The Lawn Ranger, a landscaping company, has total costs of $4,000 and total variable costs of $1,000. The Lawn Ranger's total fixed costs are • Question 2 • The total variable cost curve • Question 3 • Use the following figure to answer the next question: ECO 561 Week 4 Individual Assignment Simulation Analysis (UOP Course) ECO 561 Week 4 Quiz (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • How does the Federal Reserve's monetary policy affect your industry's, or company's growth? • How would you evaluate monetary policy today? Is monetary policy contradictory with fiscal policy? Why or Why not? Support your analysis with examples ECO 561 Week 5 DQ 1 (UOP Course) ECO 561 Week 5 DQ 2 (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • • Resource: University of Phoenix Material – Big Drive Auto • • Write a 350- to 700-word report in which you address the following issues in the context of the scenario: • o Identify decisions made by key organizational stakeholders that are affected by interest rates • o Identify how interest rates affect the cost of operating the business • o Find the current yield curve and interpret the effect of its shape on decision-making within the organization • 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. ECO 561 Week 5 Individual Assignment Interest Rate Report (UOP Course) ECO 561 Week 6 DQ 1 (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com • • 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 Auto’s planning. ECO 561 Week 6 Learning Team Assignment International Paper (UOP Course)

ECO 561 Students Guide / Tutorialrank.Com For More Best A+ Tutorials www.tutorialrank.com

ECO 561 Students Guide / Tutorialrank.com