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ECO 365 WEEK 2 WEEK 2 Knowledge Check Question 1. A perfectly competitive firm will be profitable if price at the profit-maximizing quantity is above A. MC B. ACV C. ATC D. AFC 2. In a perfectly competitive market, A. individual producers determine market prices B. market supply and market demand determine the price C. the entrepreneur determines the price D. individual consumers determine market prices 3. The demand for cloth

Other / Other Devry University / ECO 365 19 Aug 2015

ECO 372 Discuss the relationship between supply chain and the supply and demand model. Prepare a 350- to 1,050- word paper detailing the findings of your discussion.

Other / Other Devry University / ECO 372 19 Aug 2015

ECO 372 Assume that the team has been appointed as speech writers for the Speaker of the House. The team must write a speech which the Speaker must deliver about the current state of the U.S. macroeconomy to a number of amateur reporters who are unfamiliar with economics. Prepare a 750- to 1,050-word speech in simple terms and concepts that focus on international trade and foreign exchange rates. Integrate a summary of your answers tothe

Other / Other ashford university / ECO 372 19 Aug 2015

ECO 365 WEEK 3 Knowledge Check Question 1 In a monopolistic ally competitive market A. firms produce differentiated products B. there are barriers to entry C. firms produce homogeneous products D. the demand for any firm's product is perfectly elastic Correct: The Correct Answer is: A. 2. Strategic decision making is most important in A. competitive markets B. monopolistically competitive markets C. oligopolistic markets D. monopolis

Other / Other Devry University / ECO 365 19 Aug 2015

ECO 372 Analyze why the U.S.'s deficit, surplus and debt have an effect on the following: • Tax payers • Future Social Security and Medicare users • Welfare recipients • Ability of the USA to wage wars Write a 750- to 1,050-word paper that details your findings.

Other / Other Devry University / ECO 372 19 Aug 2015

ECO 365 Week 4 Knowledge Check Question 1 What do economists mean when they say there is market failure A. Business has introduced a product that consumers did not want. B. Free markets have led to excessive profits. C. Markets have surpluses or shortages so that government rationing is necessary. D. Free markets yield results that economists do not consider socially optimal. 2. If a market has no externalities, marginal private cos

Other / Other Devry University / ECO 365 19 Aug 2015

ECO 372 Complete the University of Phoenix Material: Macroeconomic Terms. Submit through the Assignment Tab. University of Phoenix Material Macroeconomic Terms Describe the following terms in your words. Term Definition Gross Domestic Product (GDP) Real GDP Nominal GDP Unemployment rate Inflation rate Fiscal Policy Monetary Policy Aggregate Demand (AD) Curve

Other / Other Devry University / ECO 372 19 Aug 2015

ECO 372 Write a 700- to 1,400-word paper summarizing the results. Consider the following examples of economic activities: • Purchasing of groceries • Massive layoff of employees • Decrease in taxes Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity. Relate at least one current event to the activities.

Other / Other Devry University / ECO 372 19 Aug 2015

ECO 372 Develop a list of resources you might use to gather historical economic data as well as economic forecast data. Explain how and why each source is valuable and useful. Identify any quantitative or qualitative forecasting factors contained in the sources. Write a 350- to 1,050-word paper that details your team's findings.

Other / Other Devry University / ECO 372 19 Aug 2015

ECO 372 For this assignment, you will choose from the following options: • Option 1: Economic Advisement Paper • Option 2: Economic Critique Read the instructions in the University of Phoenix Material: Aggregate Demand and Supply Models located on the student website and select one option to complete the assignment.

Other / Other ashford university / ECO 372 19 Aug 2015