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For more course tutorials visit\nwww.tutorialrank.com\n1) 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\nA. the supply of clothing has grown faster than the demand for clothing\nB. demand for clothing has grown faster than the supply of clothing\nC. the supply of and demand for clothing have grown by the same proportion\nD. there is no way to determine what has happened to supply and demand with this information\n 2) Camille\'s Creations and Julia\'s Jewels both sell beads in a competitive market. If at the market price of $5, both are running out of beads to sell (they can\'t keep up with the quantity demanded at that price), then we would expect both Camille\'s and Julia\'s to:

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eco 561 education on your terms tutorialrank com 1

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Final Exam Guide (New)

For more course tutorials visit

www.tutorialrank.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

eco 561 education on your terms tutorialrank com 2

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Final Exam Guide (UOP Course)

For more course tutorials visit

www.tutorialrank.com

For another set of final guide pls visit this link address

1) In a market economy the distribution of output will be determined primarily by:

A. a social consensus as to what distribution 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

eco 561 education on your terms tutorialrank com 3

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 1 Assignment Influence of Economics on Household Decision (2 Papers, 1000 words)

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This Tutorial contains 2 Papers

Purpose of Assignment

To locate, retrieve, and evaluate the effects of macroeconomic indicators on your own decision making.

Assignment Steps

Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

eco 561 education on your terms tutorialrank com 4

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 1 DQ 1 (UOP Course)

For more course tutorials visit

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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.

eco 561 education on your terms tutorialrank com 5

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 1 DQ 2 (UOP Course)

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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 education on your terms tutorialrank com 6

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 1 Economic Choice & Economic Decision Making (2 Papers)

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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.

eco 561 education on your terms tutorialrank com 7

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 1 Individual Assignment Market Equilibrating Process Paper

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We have another paper on Market Equilibration Process Paper with different course description which could be found on this link

http://www.tutorialrank.com/ECO/ECO-561/ECO-561-Week-2-Individual-Assignment-Market-Equilibration-Process-Paper

Market Equilibrating Process Paper

eco 561 education on your terms tutorialrank com 8

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 1 Knowledge Check (Quiz)

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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?

eco 561 education on your terms tutorialrank com 9

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 2 DQ 1 (UOP Course)

For more course tutorials visit

www.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?

eco 561 education on your terms tutorialrank com 10

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 2 DQ 2 (UOP Course)

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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 education on your terms tutorialrank com 11

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 2 Government Interventions vs. Market Based Solutions (2 PPT)

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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. The classic argument for government intervention is market failure - the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression).

Examine one case of significant government intervention as it relates to your current industry of employment or an industry in which you are interested in working.

eco 561 education on your terms tutorialrank com 12

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 2 Individual Assignment Market Equilibration Process Paper

For more course tutorials visit

www.tutorialrank.com

We have another paper on Market Equilibration Process Paper with different course description which could be found on this link

http://www.tutorialrank.com/ECO/ECO-561/ECO-561-Week-1-Individual-Assignment-Market-Equilibrating-Process-Paper

Equilibration is the process of moving between two equilibrium points as a result of some change in supply or demand. Understanding how market equilibrium is sought following such a change is essential for business managers. It is important to understand how economic principles, and specifically supply, demand, and their determents are a part of your everyday business decisions.

eco 561 education on your terms tutorialrank com 13

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 2 Knowledge Check (Quiz)

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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?

3. Suppose that a firm determines that its marginal revenue is greater than its marginal cost, it would be better to

4. It is profitable for a firm to continue employing additional resources as long as

eco 561 education on your terms tutorialrank com 14

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 2 Learning Team Reflection

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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.

eco 561 education on your terms tutorialrank com 15

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 2 Team Assignment Learning Team Project Product Pricing Component (Apple)

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Learning 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.Examples of good firms to use as a subject include Southwest Airlines (a very successful airline), Ford (they have not declared bankruptcy), Pulte (a successful homebuilder with a historical track record), Whirlpool (their performance is very dependent on the economy), Caterpillar, Microsoft, Apple Computer, etc.

eco 561 education on your terms tutorialrank com 16

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 3 Assignment Research Analysis for Business (Starbucks)

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Research Analysis for Business

Scenario: Imagine you are a business consultant to a Business. You have been asked to analyze, advise, and create recommendations on how the firm can ensure its future success in its current market.

Prepare a minimum 1,050-word analysis of economic data and business data to explain how the core economic principles impact the sustainability of the firm and what actions the firm can take to ensure success.

eco 561 education on your terms tutorialrank com 17

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 3 DQ 1 (UOP Course)

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Do you think that competition can be counted on to discipline the industrial business firms of a modern economy? Explain.

eco 561 education on your terms tutorialrank com 18

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 3 DQ 2 (UOP Course)

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In your industry, would you support regulation or deregulation and why or why not?

eco 561 education on your terms tutorialrank com 19

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 3 Knowledge Check (Quiz)

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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?

eco 561 education on your terms tutorialrank com 20

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 3 Learning Team Reflection

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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.

eco 561 education on your terms tutorialrank com 21

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 3 Market Structure And Pricing Power

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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.

Identify the market structure of the industry (monopoly, oligopoly, competitive monopoly).

eco 561 education on your terms tutorialrank com 22

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 3 Team Managing Fixed and Variable Cost

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Purpose of Assignment

In this week, students are learning about managing different types of economic costs. Organizations typically have either high fixed costs or low fixed costs, and it is important to understand how business decisions differ in organizations with high fixed costs from organizations with low fixed costs.

eco 561 education on your terms tutorialrank com 23

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 4 Assignment Inflation and Analyses of Monetary Policies Presentation (2 PPT)

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This Tutorial contains 2 Presentation

ECO 561 Week 4 Assignment Inflation and Analyses of Monetary Policies

eco 561 education on your terms tutorialrank com 24

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 4 AssignmentInflation and Analyses of Monetary Policies (2 Papers)

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This Tutorial contains 2 Papers

Inflation and Analyses of Monetary Policies

Purpose of Assignment

This assignment will introduce students to the U.S. Department of Labor's Bureau of Labor Statistics (BLS) data and provide students with the skills to calculate inflation and interpret the Consumer Price Index (CPI). Note: The BLS is the primary source of information on inflation, but their data is re-posted in other sources, such as the St. Louis Federal Reserve FRED site, among others.

eco 561 education on your terms tutorialrank com 25

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 4 DQ 1 (UOP Course)

For more course tutorials visit

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How does the Federal Reserve's monetary policy affect your industry's, or company's growth?

eco 561 education on your terms tutorialrank com 26

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 4 DQ 2 (UOP Course)

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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 education on your terms tutorialrank com 27

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 4 Knowledge Check (Quiz)

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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?

eco 561 education on your terms tutorialrank com 28

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 4 Learning Team Project Macroeconomic Forecast Outline (Apple)

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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:

What are the economic indicators for which you will be providing forecasts?

eco 561 education on your terms tutorialrank com 29

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 4 Team Assignment Business Cycles, Economic Shocks, And Restoring Equilibrium

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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. The recent collapse of the housing market, the near failure of our financial system, the wild swings in commodity and stock prices, and the deep recession of 2007-2009 provide a virtual laboratory for the study of the economic shocks and stabilization measures taken to restore equilibrium.

eco 561 education on your terms tutorialrank com 30

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 5 Assignment Effectiveness of the Counter Cyclical Policies (2 PPT)

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This Tutorial contains 2 Presentations

Purpose of Assignment

This assignment addresses how both monetary and fiscal policies have been used during the so-called Great Recession, which began in December 2007 and ended in June 2009, to the present to moderate the business cycle.

eco 561 education on your terms tutorialrank com 31

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 5 DQ 1 (UOP Course)

For more course tutorials visit

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How does the Federal Reserve's monetary policy affect your industry's, or company's growth?

eco 561 education on your terms tutorialrank com 32

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 5 DQ 2 (UOP Course)

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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 education on your terms tutorialrank com 33

ECO 561 Education on your terms-tutorialrank.com

ECO 561 Week 5 Knowledge Check (quiz)

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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?

5. The Federal Reserve’s primary tool for managing the money flow is