Microeconomics

ECON 201 Week 6 Quiz |american-public-university-systemQuiz Submissions - Week 6 Quiz (Chapter 9 & 10)Question 1Perfect competition is characterized by:·rivalry in advertising.·fierce quality competition.·the inability of any one firm to influence price.·widely recognized brands.Question 2An industry that contains a firm that is the only producer of a good or service for which there are no close substitutes and for which entry by potential ri

9 Accounting & Economics Assignment Help / Microeconomics american-public-university-system / ECON 201 09 Nov 2021

ECON 201 Week 5 Quiz | american-public-university-systemQuestion 1Average variable cost is:·the firm's variable cost per unit multiplied by the quantity.·total variable cost divided by quantity.·the difference between average total cost and total variable cost.·the difference between total cost and total variable cost.Question 2Which of the following is (are) correct?·Firms are organizations that produce goods and services.·Firms seek to maximize

10 Accounting & Economics Assignment Help / Microeconomics american-public-university-system / ECON 201 09 Nov 2021

ECON 201 Week 3 Quiz |american-public-university-systemQuiz Submissions - Week 3 Quiz (Chapter 4 & 5)Question 1Demand is price inelastic if:·the price of the good responds slightly to a quantity change.·the demand curve shifts very little when a demand shifter changes.·the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price.·all of the above are true.Question 2If the absolute

8 Accounting & Economics Assignment Help / Microeconomics american-public-university-system / ECON 201 09 Nov 2021

ECON 201 Week 2 Quiz | american-public-university-systemQuiz Submissions - Week 2 Quiz (Chapter 3)Question 1A shift of a demand curve to the right, all other things unchanged, will:Question options:·increase equilibrium price and quantity.·decrease equilibrium price and quantity.·decrease quantity and increase price.·increase quantity and decrease price.Question 2If the current price is above the equilibrium price, we would expect:·quantity deman

10 Accounting & Economics Assignment Help / Microeconomics american-public-university-system / ECON 201 09 Nov 2021

ECON 201 Week 1 Quiz |american-public-university-systemQuiz Submissions - Week 1 Quiz (Chapters 1 & 2)Question 1The branch of economics that examines the impact of choices on aggregates in the economy is:·positive economics.·normative economics.·macroeconomics.·microeconomics.Question 2When we are forced to make choices we are facing the concept of:·ceteris paribus.·free goods.·scarcity.·the margin.Question 3An economic system is the set of r

8 Accounting & Economics Assignment Help / Microeconomics american-public-university-system / ECON 201 09 Nov 2021

ECON 312 Week 8 Discussion | Devry UniversityWeek 8: Looking AheadClass, looking back over the Course Objectives for this course, what are you looking forward to learning more about throughout your education and career?

5 Accounting & Economics Assignment Help / Microeconomics Devry University / ECON 312 25 Aug 2021

ECON 312 Week 7 Discussion | Devry UniversityWeek 7: International Trade and Exchange RatesInitial Post (up to 10 points)Trade is the exchange of goods for goods or labor service for money (indirect). Trade is based on what people can do well given their factor endowment (knowledge, abilities, skills, and resources).International trade is the exchange of good, services, and capital across international borders. International trade is based on the

5 Accounting & Economics Assignment Help / Microeconomics Devry University / ECON 312 25 Aug 2021

ECON 312 Week 6 Discussion | Devry UniversityWeek 6: Monetary Policy and Fiscal PolicyInitial Post (up to 10 points)A healthy economy typically has low rates of unemployment and steady prices. Low rates of unemployment means that the economy is operating at its full potential. To ensure the economy continues to operate at potential GDP (full capacity where all savings are invested in production functions, and where all those who wish to work can

5 Accounting & Economics Assignment Help / Microeconomics Devry University / ECON 312 25 Aug 2021

ECON 312 Week 5 Discussion |Devry UniversityWeek 5: UnemploymentInitial Post (up to 10 points)The Bureau of Labor Statistics provides up-to-date statistics about unemployment and employment on the national and regional levels. It also provides unemployment-related data by different groups such as age, gender, ethnicity, educational attainment, and so forth.Follow the link below to access and review unemployment related statistics then answer the

7 Accounting & Economics Assignment Help / Microeconomics Devry University / ECON 312 25 Aug 2021

ECON 312 Week 4 Discussion | Devry UniversityWeek 4: Gross Domestic Product (GDP)Initial Post (up to 10 points)Follow the steps below to obtain real-world information about GDP growth pattern from the Bureau of Economic Analysis to assess GDP current situation. Use your findings to answer the questions below.1. Go towww.bea.gov(Links to an external site.).2. Click on the National tab (on the top left-hand side).3. Click on Interactive Tables:GDP

6 Accounting & Economics Assignment Help / Microeconomics Devry University / ECON 312 25 Aug 2021