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ECO 561 Week 1 Individual Assignment Market
Equilibrating Process Paper
ECO 561 Week 1 DQ 1
ECO 561 Week 1 DQ 2
ECO 561 Week 1 Knowledge Check (Quiz)

ECO 561 Final Exam Guide (NEW)
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

ECO 561 Final Exam Guide (UOP)
http://www.eco561tutorials.com/ECO-561-Final-
Exam-Guide-%28New%29 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.

ECO 561 Week 1 DQ 1 (UOP)
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.

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

1. Revenue increases when
2. An increase in the price of an inelastic good
3. Price elasticity of demand increases when

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?

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

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

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

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

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

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 Week 3 Learning Team Reflection
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 Week 3 Team Assignment Market Structures
Simulation (Apple)
Learning Team Assignment: Market Structures
Simulation
Write a 1,050- to 1,400- word paper where you explain
the following in the context of the simulation. One
note; these word count figures are meant to be a
guideline, but feel free to exceed this if you find it

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

1. Business cycles occur when output
2. Which of these statements best describes a
complete individual business cycle?

ECO 561 Week 4 Learning Team Project Macroeconomic
Forecast Outline (Apple)
1. 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:

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 Knowledge Check (quiz)
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

ECO 561 Week 5 Learning Team Project Macroeconomic
Forecast Component (Apple)
Learning Team Assignment: Learning Team Project
Macroeconomic Forecast Component
Include the following in this paper;
Identify a list of five economic indicators which will be
the subject of this paper. In addition to real GDP,

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.

1. If the demand is QD = 100 – 10P and there is a $1
price increase, then the elasticity of demand at p = 2 is
2. If the absolute value of a demand elasticity is less
than 1, then
3. If the cross-price elasticity is negative, then the two
goods are
4. Under perfect competition, a firm maximizes its
profit by setting

ECO 561 Week 6 Team Assignment (Final), (Apple)
Learning Team Assignment: International Paper
• 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)

Eco 561 tutorials real education eco561tutorials.com

Eco 561 tutorials real education eco561tutorials.com

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