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ECO 365 Final Exam Guide (New, 2018)

For more classes visit www.snaptutorial.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? Smith reducing the consumption of imported wine following an increase in the price of imported wine Phoebe refusing to contri

Write 1,400 –1,750-word paper of no more than in which you describe how each of the following are or potentially will affect your industry or one with which you are familiar:

· New companies entering the market, mergers, and globalization, on pricing and the sustainability of profits: Identify the type of merger activity inyour industry or one with which you are familiar–horizontal, vertical, or conglomerate–and explain why you made that choice.

· Current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities

· Global competition on the decisions made by management with regards to change in labor demand, supply, relations, unions, and rules and regulations in your chosen industry

Recommend how the industry you chose may respond to each of the previous points.

Format your paper consistent with APA guidelines.

This Tutorial contains 2 Papers ECO 365 Week 5 Theory of Consumer Choice and Frontiers of Microeconomics You have been asked to assist your organization’s 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: § Demand curves § Higher wages

7.Color Mate Inc., a company that produces interior and wall paints, dumps its chemical waste in a river. Which of the following is likely to be true in this case? • The social cost of the company is lower than the private cost, and the equilibrium quantity of paints produced is less than the social optimum. • The social cost of the company is higher than the private cost, and the equilibrium quantity of paints produced is larger than the social optimum. • The social cost of the company is higher than the private cost, and the equilibrium quantity of paints produced is less than the social optimum. • The social cost of the company is lower than the private cost, and the equilibrium quantity of paints produced is larger than the social optimum.

8.Scarcity occurs because of: • the limited supply of resources. • overutilization of labor. • the excess of quantity supplied over quantity demanded. • limited human needs and wants. 9.The exhibit given below shows the demand curve for Good X, labeled D. At a price of $6 per unit, the quantity demanded of Good X is 5 units. A decrease in price to $4 per unit increases the quantity demanded to 8 units. Assuming that a decrease in price leads to new consumers buying the good, what is the consumer surplus received by the new consumers in the market? • $3 • $10 • $2 • $13

• A price ceiling above P3 will eliminate shortage in the market. 22.The state government of Dalmatia noticed that whenever its baseball team played a match in any of the local stadiums, the prices of tickets became too high. It decided to impose a price ceiling on the ticket prices. The exhibit given below shows the demand curve for and the supply curve of baseball game tickets in Dalmatia. If the government were to impose a binding price ceiling, it should set the price at: • $120 per ticket, which would give rise to a shortage of 10,000 tickets. • $120 per ticket, which would give rise to a surplus of 20,000 tickets. • $80 per ticket, which would give rise to a shortage of 16,000 tickets. • $80 per ticket, which would give rise to a surplus of 8,000 tickets. 23.Which of the following is an example of adverse selection? • Patrick uses the service of a mechanic to inspect the condition of a second-hand Dodge he is interested in buying. • Harry refuses to buy health insurance at high premiums because he feels that he is in good health. • Thomas refuses to pay for the construction of a swimming pool in his neighborhood that will be open to the public free of cost. • When the National Museum increased its entry fee, there wa

24.Mike sells navel oranges in a market where there are a lot of other sellers and faces a perfectly elastic demand curve for oranges. He hires 10 workers in a perfectly competitive market to help him with picking oranges. Given this information, it can be said that: • the demand for workers is a positive function of the prevailing market wage rate. • the demand curve for orange pickers is vertical. • Mike can employ only 10 workers as the supply of workers is fixed in a perfectly competitive labor market. • Mike cannot bargain with the workers over their wage rates

5 pounds of cheese. 1/4 pounds of cheese. 18 pounds of cheese. 4 pounds of cheese. 29. Paula wants to buy 3 packs of frozen yoghurt when it is priced at $2 per pack. When the price increases to $3.50 per pack, she wants to buy 2 packs. This reflects the: • maximization of marginal utility by Paula. • law of diminishing marginal utility. • law of demand. • maximization of total utility by Paula. 30. The table given below shows three buyers’ willingness to pay for an antique necklace. At a market price of $25,000, the total consumer surplus in the market is _____. $30,000 $6,000 $26,000 $7,000 **********************************************************

ECO 365 Final Exam Guide 1

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1Because 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 and quantity equal to 100. Government imposes a tax on suppliers of $1 per unit. The effect of the tax is to 5Refer to the table shown. Diminishing marginal productivity begins when the 6 Refer to the graph shown. If this monopolistically competitive firm maximizes profit, it will 7 The price of a ticket to a rock concert is set at $35. All the tickets for the concert sell out 1 hour after they go on sale and there are still 1,000 fans who want to buy tickets. It follows that 8 Which of the following statements is true? 9 State what type of business combination is occurring in the following scenario: Samsung and Sony become partners in a flat screen manufacturing company. 10 Suppose a firm finds that an additional dollar spent on labor increases output more than does an additional dollar spent on machines. Under these conditions, the firm 11 Economists and laypeople see the pros and cons of international trade in different ways. Which of the following is one of those ways? 12 The morel is a prized mushroom that is often abundant in the Western United States in years after forest fires. Suppose two companies are buying morels from workers willing to find them. One company offers to pay workers $5.00 per pound, and the other company will pay workers only $4.00 per pound. Economists would say that 13 Which of the following is the best example of a macroeconomic externality? 14 If MR < MC, a monopolist should:

15 Opponents of government intervention in the economy argue that externalities may not be effectively corrected by the government. 16 State what type of business combination is occurring in the following scenario: IBP meat processing firm buys American Cattle, a very large cattle ranch. 17 Refer to the graph shown. At which point is elasticity zero? 18 A Wall Street Journal headline reads: "Cigar Shortage Draws New Brands into Market." The shortage resulted from a renewed interest in smoking cigars. What best describes the facts behind the headline? 19. Refer to the graph shown. If hamburger dinners are produced by a perfectly competitive industry with a market demand D: 20 State what type of business combination is occurring in the following scenario: Golf Smith, a golf supply retailer buys its competitor, Vango golf. 21 According to the text, Microeconomics, Colander (2013), economics is the study of how 22 Oligopoly is characterized by 23 When Ross Perot ran for president as a third party candidate in 1992, he argued that free trade with Mexico would result in massive job losses in the United States because Mexican wages were so low. Which of the following is the best explanation for why few economists agreed with Perot? 24 Refer to the graph shown. The figure shows the demand and supply curves for eggs and shows two equilibrium points, E1 and E2. An increase in demand from D1 to D2 would cause 25 Germany restricts the use of nonrefillable bottles and cans. The European Union argues that the rules aren't just protecting the environment; they also are protecting German beverage makers from competition. The EU sees Germany's environmentalism as _____________________. 26 Oligopoly is probably the best market for technological change because 27 George Davis and Michael Wohlgenant estimate that for every 1 percent increase in the price of Christmas trees, quantity demanded falls

by 0.6 percent. The demand for Christmas trees is __________________. 28 State what type of business combination is occurring in the following scenario: A tobacco producer buys a carbonated beverage plant. 29 Suppose the minimum possible price of constructing homes is $50 per square foot. As a result of a sharp drop in the demand for home construction, the equilibrium price of home construction falls to $40 per square foot. Assuming the home construction industry is perfectly competitive and there are no specialized inputs, firms will 30 Refer to the table shown. At what level of employment is the marginal product of labor seven?

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ECO 365 Final Exam Guide

For more classes visit www.snaptutorial.com ECO 365 Final Exam Guide$15.00 ADD TO CART CHECKOUT ECO 365 Final Exam Guide 3 Customer reviews | Write a review This Tutorial was purchased 5 times & rated A+ by student like you. Attachment ECO 365 Guide.docx DescriptionReviews (3) ECO 365 Final Exam Guide

1) An economist who is studying the relationship between the money supply, interest rates, and the rate of inflation is engaged in 2) A basic difference between microeconomics and macroeconomics is that microeconomics 3) The distinction between supply and the quantity supplied is best made by saying that 4) After several years of slow economic growth, world demand for petroleum began to rise rapidly in the 1990s. Much of the increase in demand was met by additional supplies from sources outside the Organization of Petroleum Exporting Countries (OPEC). OPEC, during this time, was unable to restrain output among members in its effort to lift oil prices. What best describes these events? 5) Price elasticity of demand is the: 6) If average movie ticket prices rise by about 5 percent and attendance falls by about 2 percent, other things being equal, the elasticity of demand for movie tickets is about: 7) When labor is the variable input, the average product equals the 8) The increase in output obtained by hiring an additional worker is known as 9) Which of the following is the best example of a long-run decision?

10) Other things being equal, when average productivity falls, 11) According to economist Colin Camerer of the California Institute of Technology, many New York taxi drivers decide when to finish work by setting an income goal for themselves. If this is true, then on busy days when the effective hourly wage is higher, taxi drivers will 12) A firm's demand for labor is derived from the 13) Owen runs a delivery business and currently employs three drivers. He owns three vans that employees use to make deliveries, but he is considering hiring a fourth driver. If he hires a fourth driver, he can schedule breaks and lunch hours so all three vans are in constant use, allowing him to increase deliveries per day from 60 to 75. This will cost an additional $75 per day to hire the fourth driver. The marginal cost per delivery of increasing output beyond 60 deliveries per day 14) Expected economic profit per unit is equal to 15) If a firm in a perfectly competitive market experiences a technological breakthrough, 16) A significant difference between monopoly and perfect competition is that 17) A monopoly firm is different from a competitive firm in that

18) The difference between a perfectly competitive firm and a monopolistically competitive firm is that a monopolistically competitive firm faces a 19) As long as marginal cost is below marginal revenue, a perfectly competitive firm should 20) Because a monopolistic competitor has some monopoly power, advertising to increase that monopoly power makes sense as long as the marginal 21) In the Flint Hills area of Kansas, proposals to build wind turbines to generate electricity have pitted environmentalist against environmentalist. Members of the Kansas Sierra Club support the turbines as a way to reduce fossil fuel usage, while local chapters of the Nature Conservancy say they will befoul the landscape. The Sierra Club argues that wind turbines 22) When negative externalities are present, market failure often occurs because 23) A merger between a textile mill and a clothing manufacturing company would be considered a 24) A merger between a baby food company and a life insurance company would be considered a 25) From the point of view of consumer and producer surplus, what problem may be created when a country subsidizes the cost of energy to consumers to help alleviate the burden of higher energy costs?

26) Suppose people freely choose to spend 40 percent of their income on health care, but the government decides to tax 40 percent of a person's income to provide the same level of coverage as before. What can be said about deadweight loss in each case? 27) The U.S. textile industry is relatively small because the US imports most of its clothing. A clear result of the importation of clothing is 28) Countries can expect to gain from international trade as long as they 29) Which of the following is an example of the law of one price? 30) The fact that U.S. managers' salaries are substantially greater than those of comparable managers in Japan may be related to

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ECO 365 Week 1 Individual Assignment Article Analysis

For more classes visit www.snaptutorial.com ECO 365 Week 1 Individual Assignment Article Analysis **********************************************************

ECO 365 Week 1 Individual Assignment Economic Analysis

For more classes visit www.snaptutorial.com Prepare a 1,000-1,500 word paper in which you explain what the difference is between a movement along and shift of the demand curve. Show the impact on the equilibrium price and quantity that results from; (1) an increase in demand, (2) an increase in supply, (3) an increase in both supply and demand. Give an example of the role of supply and demand in decision making. Post in assignments link. Format your paper consistent with APA guidelines. **********************************************************

ECO 365 Week 1 Individual Assignment Economic Definitions Worksheet

For more classes visit www.snaptutorial.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 products whose demand is price inelastic. Which of the following graphs best demonstrates the law of demand? Which of the following graphs best demonstrates the law of supply? **********************************************************

ECO 365 Week 1 Individual Assignment Supply and Demand Curve Worksheet (2 Sets)

For more classes visit www.snaptutorial.com This Tutorial contains 2 sets of Worksheet Complete the Supply and Demand Curve worksheet. Submit through the Assignment tab. Answer the following questions Write the definition for each of the following: Law of Demand

Law of Supply

Which of the following graphs best demonstrates the law of demand? a) I b) II c) III d) IV **********************************************************

ECO 365 Week 1 Ten Principles of Economics and How Markets Work (2 Papers)

For more classes visit www.snaptutorial.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:

§ How people make decisions § How people interact § How the economy as a whole works Explain the following to help the committee members understand how markets work: How society manages its scarce resources and benefits from economic interdependence § Why the demand curve slopes downward and the supply curve slopes upward § Where is the point of equilibrium and what does it determine? § The impact of price controls, taxes, and elasticity on changes in supply, demand and equilibrium prices Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. **********************************************************

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.snaptutorial.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. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic. · Identify at least one shift of the supply curve and one shift of the demand curve in the simulation. What causes the shifts? · For each shift, analyze how it would affect the equilibrium price, quantity, and decision making. · How may you apply what you learned about supply and demand from the simulation to your workplace or your understanding of a realworld product with which you are familiar? · How do the concepts of microeconomics help you understand the factors that affect shifts in supply and demand on the equilibrium price and quantity? · How do the concepts of macroeconomics help you understand the factors that affect shifts in supply and demand on the equilibrium price and quantity? · Relating to the simulation, explain how the price elasticity of demand affects a consumer’spurchasing and the firm’s pricing strategy. Format your paper consistent with APA guidelines. **********************************************************

ECO 365 Week 2 Learning Team Reflection Production and Cost Analysis

For more classes visit www.snaptutorial.com Discuss this weekâ&#x20AC;&#x2122;s 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. **********************************************************

ECO 365 Week 2 Team Assignment Elasticity Paper (Substitute or Compliment)

For more classes visit www.snaptutorial.com Reflect on why some products become substitutes and why some are compliments (e.g. hot dogs and hot dog buns).

Prepare a 350- to 1,050- word paper detailing the findings of your discussion. **********************************************************

ECO 365 Week 2 Team Assignment Markets and the Economics of the Public Sector (2 Papers)

For more classes visit www.snaptutorial.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 governor’s next economic conference. Your paper should address the following: § Explain why equilibrium of supply and demand is desirable. § Explain the following concepts using the concept of consumer and producer surplus: § Efficiency of markets § Costs of taxation § Benefits of international trade § Discuss how externalities may prevent market equilibrium and the various governments policies used to remedy the inefficiencies in markets caused by externalities. § Analyze the difference between the efficiency of a tax system and the equity of a tax system as it refers to the costs imposed on taxpayers using the benefits principles. Cite a minimum of 3 peer-reviewed sources, not including your textbook.

Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. **********************************************************

ECO 365 Week 2 Team Assignment Product Substitution Versus Product Compliment

For more classes visit www.snaptutorial.com ECO 365 Week 2 Team Assignment Substitute vs Compliment **********************************************************

ECO 365 Week 2 Team Assignment Product Substitution Versus Product Compliment

For more classes visit www.snaptutorial.com ECO 365 Week 2 Team Assignment Substitute vs Compliment **********************************************************

ECO 365 Week 3 Current Market Conditions Competitive Analysis

For more classes visit www.snaptutorial.com ECO 365 Week 3 Current Market Conditions Competitive Analysis You have been given the responsibility of working with your organization’s 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 Industry Week. Write a 2,100-word analysis of the current market conditions facing your product, making sure that you address the following topics: § Define the type of market in which your selected product will compete, along with an analysis of competitors and customers. § Analyze any comparative advantages and international trade opportunities. § Explain the factors that will affect demand, supply, and prices of that product. § Examine factors that will affect Total Revenue, including but not limited to: § Price elasticity of demand § Factors that influence productivity § Various measures of costs, including opportunity costs § Externalities and government public policy and their effect on marginal revenue and marginal cost

Â§ Recommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product. Use a minimum of 3 peer-reviewed sources from the University Library. Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. **********************************************************

ECO 365 Week 3 Learning Team Reflection Summary Market Structure

For more classes visit www.snaptutorial.com Discuss this weekâ&#x20AC;&#x2122;s 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 ********************************************************** .

ECO 365 week 3 Team Assignment Current Market Conditions Competitive Analysis (3 Papers)

For more classes visit www.snaptutorial.com This tutorial 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 product’s potential success. The analysis will focus on your primary competitor in the product’s market. Select a potential competitive organization and a product in that organization. Write a 1,400 – 1,750-word paper of no more than analyzing the current market conditions. Address the following topics: · A short history of the organization and a description of their product · Factors that affect demand, supply, and equilibrium prices in the market in which the competitor organization operates: Define the market for your chosen product, including an analysis of its competitors, potential customers, or potential buyers. · Any issues or opportunities your organization or industry faces that affect its competitiveness and long-term profitability with regards to your product: This may include, but is not limited, to the following elements. o Price elasticity of demand o Technological innovation

o The relationship between the amount of labor & capital employed and the law of diminishing marginal productivity o Cost structure Âˇ Factors affecting variable costs, including productivity and others that change the supply of and demand for labor Âˇ

Factors affecting fixed costs

Make recommendations on how your organization can maximize their profit-making potential, and successfully compete in the new market. Consider the effect your recommendations may have on marginal revenues and costs. Format your paper consistent with APA guidelines. **********************************************************

ECO 365 Week 4 Differentiating Between Market Structures Paper (New Syllabus),Starbucks

negatively affects the firm and evaluate the efficacy of the structure's competitive strategies. Select an industry. Identify an organization in that industry. You may use the company you used for the Week 3 Learning Team assignment or you may select a new organization. Your selected organization must be submitted for instructor approval. Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon, and how this market structure differentiates from the other alternatives. How might the company you selected find itself working with organizations in the same industry that are an oligopoly, perfect competition, monopoly, or monopolistic market structure. Examine the different sectors with an industry and how market structure may vary within those sectors. Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the efficacy of these strategies in the market structure you identified. Make recommendations related to the strategies the organization might consider to maximize its profits. Select one of the following assignment options: Paper Write a 1,400- to 1,750- word paper. Format consistent with APA guidelines. PowerPointÂŽ Presentation:

Create a 12-15 slide MicrosoftÂŽ PowerPointÂŽ presentation including detailed speaker notes. Video Create a 3-5 minute video **********************************************************

ECO 365 Week 4 Differentiating Between Market Structures Presentation (Mayo Clinic)

For more classes visit www.snaptutorial.com You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. You will evaluate the differences between market structures and identify a group of competitive strategies consistent with the market structure that best aligns with the market in which the organization competes. You will assess how the market structure positively and negatively affects the firm and evaluate the efficacy of the structure's competitive strategies. Select an industry. Identify an organization in that industry. You may use the company you used for the Week 3 Learning Team assignment or you may select a new organization. Your selected organization must be submitted for instructor approval. Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon, and how this market structure differentiates from the other alternatives.

How might the company you selected find itself working with organizations in the same industry that are an oligopoly, perfect competition, monopoly, or monopolistic market structure. Examine the different sectors with an industry and how market structure may vary within those sectors. Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the efficacy of these strategies in the market structure you identified. Make recommendations related to the strategies the organization might consider to maximize its profits. Select one of the following assignment options: Paper Write a 1,400- to 1,750- word paper. Format consistent with APA guidelines. PowerPoint® Presentation: Create a 12-15 slide Microsoft® PowerPoint® presentation including detailed speaker notes. Video Create a 3-5 minute video ********************************************************** 

ECO 365 Week 4 Differentiating Between Market Structures Presentation (New Syllabus),Starbucks

For more classes visit www.snaptutorial.com You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of

your choice. You will evaluate the differences between market structures and identify a group of competitive strategies consistent with the market structure that best aligns with the market in which the organization competes. You will assess how the market structure positively and negatively affects the firm and evaluate the efficacy of the structure's competitive strategies. Select an industry. Identify an organization in that industry. You may use the company you used for the Week 3 Learning Team assignment or you may select a new organization. Your selected organization must be submitted for instructor approval. Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon, and how this market structure differentiates from the other alternatives. How might the company you selected find itself working with organizations in the same industry that are an oligopoly, perfect competition, monopoly, or monopolistic market structure. Examine the different sectors with an industry and how market structure may vary within those sectors. Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the efficacy of these strategies in the market structure you identified. Make recommendations related to the strategies the organization might consider to maximize its profits. Select one of the following assignment options: Paper Write a 1,400- to 1,750- word paper.

Format consistent with APA guidelines. PowerPoint® Presentation: Create a 12-15 slide Microsoft® PowerPoint® presentation including detailed speaker notes. Video Create a 3-5 minute video **********************************************************

ECO 365 Week 4 Differentiating Between Market Structures Presentation (New), Apple

Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon, and how this market structure differentiates from the other alternatives. How might the company you selected find itself working with organizations in the same industry that are an oligopoly, perfect competition, monopoly, or monopolistic market structure. Examine the different sectors with an industry and how market structure may vary within those sectors. Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the efficacy of these strategies in the market structure you identified. Make recommendations related to the strategies the organization might consider to maximize its profits. Select one of the following assignment options: Paper Write a 1,400- to 1,750- word paper. Format consistent with APA guidelines. PowerPointÂŽ Presentation: Create a 12-15 slide MicrosoftÂŽ PowerPointÂŽ presentation including detailed speaker notes. Video Create a 3-5 minute video **********************************************************

ECO 365 Week 4 Individual Assignment Differentiating Between Market Structures Table

For more classes visit www.snaptutorial.com For this assignment, you will choose from the following options: o Option 1: Differentiating Between Market Structures in Kudler o Option 2: Differentiating Between Market Structures in an Organization of Your Choice Read the instructions in the University of Phoenix Material: Differentiating Between Market Structureslocated on the student website and select one option to complete the assignment. **********************************************************

ECO 365 Week 4 Learning Team Reflection Public Policy in Economics

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Discuss this weekâ&#x20AC;&#x2122;s 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. **********************************************************

ECO 365 Week 4 Team Assignment Mergers and Joint Ventures (2 Papers)

For more classes visit www.snaptutorial.com This Tutorial Contains 2 sets of papers

Learning Team Assignment â&#x20AC;&#x201C; Week 4

Discuss the differences between horizontal, vertical and conglomerate mergers and how those differ from a joint venture.

Introduction

Horizontal Mergers

Vertical Mergers

Conglomerate Mergers

Joint Venture

Conclusion

Prepare a 350- to 1,050- word paper detailing the findings of your discussion.

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ECO 365 Week 4 Team Assignment The Economics of Labor Markets

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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 CEO’s 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. Explain the following in your presentation: § How your organization’s production function is related to its marginal product of labor § How your organization’s marginal product of labor is related to the value of its marginal product § How your organization’s marginal product is related to its demand for labor § Examples of events that could shift the demand or supply of labor and why they do so § Reasons a worker’s wages might be above the level that balances supply and demand § An analysis of the impact that government policies addressing income inequity and poverty could have on labor demand or supply Cite a minimum of 3 peer-reviewed sources not including your textbook. Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. **********************************************************

ECO 365 Week 4 Why Are Some Occupations Paid More than Others (4 Presentation)

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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 (BLS) website provides public with an easy access to different statistical tools and different types of data presentation. Assignment Steps Select one of the following surveys as a team, from the BLS Current Employment Statistics survey (National):

Goods-producing Employment â&#x20AC;&#x201C; CES0600000001

Construction Employment – CES2000000001 Manufacturing Employment – CES3000000001 Trade, Transportation, and Utilities Employment – CES4000000001 Retail Trade Employment – CES4200000001 Education and Health Services Employment – CES6500000001

Retrieve and save a Microsoft® Excel® file and the graphs to your desktop for analysis. You will have to check the “include graph” box along the top of the page to see the graph, and you will need to copy and paste the graph separately into your Microsoft® Excel® document. Tutorial help on Excel® and PowerPoint® functions can be found on the Microsoft® office website. There are also additional tutorials via the web that offer support for office products. Consider the following two articles, located in the Week 4 Electronic Reserve Readings, discussing actor salaries and hedge fund executives’ average salaries:

“Robert Downey Junior is Hollywood’s Highest-Paid Actor” “In Tough Year, Hedge Fund Leaders Still Paid Well: Average Salary of $467M Was Half 2013, Report Says”

Online Classes: Prepare and present a 5- to 8-slide Microsoft速 PowerPoint速 presentation-analysis. Campus Classes: Prepare a 5- to 8-slide Microsoft速 PowerPoint速 presentation based on your analysis to share in class. Include the following content in the presentation:

What are trends in the labor market for the chosen labor group that you can identify for the last 10 years? Please provide the retrieved statistics.

What factors affected the demand and supply for this labor group during the last 10 years? Research and report data available from Bureau of Labor Statistics (BLS) and other peer reviewed sources.

Why do actors and actresses earn so much compared to the chosen labor group?

Why do hedge fund executives earn so much compared to the chosen labor group?

In addition to wages, what other factors influence an individual to choose one job over another?

What jobs do you think have the best mix of salary and other characteristics that individuals care about?

Cite a minimum of three peer-reviewed sources, not including the textbook and required economic data. Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.

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ECO 365 week 5 Team Assignment Competitive Strategies and Government Policies (3 Papers)

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www.snaptutorial.com This Tutorial 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.

Write 1,400 –1,750-word paper of no more than in which you describe how each of the following are or potentially will affect your industry or one with which you are familiar:

· Current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities

· Global competition on the decisions made by management with regards to change in labor demand, supply, relations, unions, and rules and regulations in your chosen industry

Recommend how the industry you chose may respond to each of the previous points.

Format your paper consistent with APA guidelines. **********************************************************

ECO 365 week 5 Team Assignment Competitive Strategies and Government Policies (PPT)

For more classes visit www.snaptutorial.com Select an organization the team is familiar with and which has a global presence. Management in the team's organization 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. Create a 12- to 16-slide PowerPointÂŽ presentation in which you describe how each of the following are or potentially will affect your industry or one with which you are familiar: ď&#x201A;ˇ The impact of new companies entering the market, mergers, globalization on the market structure, price elasticity of demand, pricing, and the sustainability of profits

The impact of current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities  The effect of global competition on the decisions made by management with regards to change in labor demand, supply, relations with unions, and rules and regulations in your chosen industry Recommend how the organization you chose may respond to each of the previous points. Cite a minimum of 3 peer reviewed sources. Click the Assignment Files tab to submit your assignment. 

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ECO 365 Week 5 Theory of Consumer Choice and Frontiers of Microeconomics (2 Papers)

For more classes visit www.snaptutorial.com This Tutorial contains 2 Papers ECO 365 Week 5 Theory of Consumer Choice and Frontiers of Microeconomics You have been asked to assist your organization’s 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: § Demand curves § Higher wages § Higher interest rates

§ The role asymmetric information has in many economic transactions § The Condorcet Paradox and Arrow’s Impossibility Theorem in the political economy § People not being rational in behavior economics Cite a minimum of 3 peer-reviewed sources not including your textbook. Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.