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ECO 204 ASH COURSES TUTORIAL/UOPHELP

For more course tutorials visit<br>www.uophelp.com<br><br><br>Circular Flow Diagram. Explain how the circular flow diagram relates to the current economic situation. Using the circular flow diagram, explain a way that your family interacts in the factor market and a way that it interacts in the products market.<br>

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ECO 204 ASH COURSES TUTORIAL/UOPHELP

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  1. ECO 204 newASH Course Tutorial For more course tutorials visit www.uophelp.com

  2. ECO 204 newASH Course Tutorial ECO 204 new Entire Course (New) ECO 204 new Week 1 DQ 1 Circular Flow Diagram (New) • Circular Flow Diagram. Explain how the circular flow diagram relates to the current economic situation. Using the circular flow diagram, explain a way that your family interacts in the factor market and a way that it interacts in the products market. • Circular Flow Diagram. Explain how the circular flow diagram relates to the current economic situation. Using the circular flow diagram, explain a way that your family interacts in the factor market and a way that it interacts in the products market.

  3. ECO 204 newASH Course Tutorial ECO 204 new Week 1 DQ 2 Supply and Demand (New) ECO 204 new Week 2 DQ 1 Elasticity (New) • Supply and Demand. Analyze how the law of demand applies to a recent purchase that you made. Describe how the product has changed in price and explain whether the price change is due to supply or demand. • Elasticity. Analyze the determinants of the price elasticity of demand and determine if each of the following products are elastic or inelastic: • a. bottled water • b. toothpaste • c. cookie dough ice cream

  4. ECO 204 newASHCourse Tutorial ECO 204 new Week 2 DQ 2 Externalities (New) ECO 204 new Week 2 Raise or Lower Tuition (New) • Externalities. Explain the difference between a positive and negative externality. In your analysis, make sure to provide an example of each type of externality. • Raise or Lower Tuition? You have been hired by Nobody State University (NSU) as a consultant to help the university with how to increase their total revenue.

  5. ECO 204 newASH Course Tutorial ECO 204 new Week 3 DQ 1 Short and Long Run (New) ECO 204 new Week 3 DQ 2 Fixed and Variable Costs (New) • Short and Long Run. Let’s assume that you own a fast food restaurant and you are faced with many customers each day eating in the restaurant without any tables. • Fixed and Variable Costs. After reading Chapter 8 in the text and viewing the required video for this week, Fixed, variable, and marginal cost, address the following in your initial post:

  6. ECO 204 newASHCourseTutorial ECO 204 new Week 4 DQ 1 Market Structures (New) ECO 204 new Week 4 DQ 2 Barriers to Entry (New) • Market Structures. Explain the most important characteristic in perfect competition, monopolistic competition, oligopoly, and monopolies and relate the characteristic to how these firms can make profits in the short run. In your analysis, make sure to relate an example for each of the market structures listed and how it relates to the particular characteristics.  • Barriers to Entry. Analyze the major barriers for entry and exit into the airline industry. Explain how each barrier can foster either monopoly or oligopoly.

  7. ECO 204 newASHCourseTutorial ECO 204 new Week 5 DQ 1 Transfers (New) ECO 204 new Week 5 DQ 2 Tariffs and Quotas (New) • Transfers. Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective? Respond to at least two of your classmates.  • Tariffs and Quotas. Who gains and who loses from a tariff? How do the effects of tariffs differ from the effects of quotas? If you were a small country, what would you rather utilize? 

  8. ECO 204 newASH Course Tutorial ECO 204 new Week 5 Final Paper (New) • Focus of the Final Paper • Market Structures • You have been hired as a consultant by your local mayor to look at the various market structures. Your role is to provide analysis and answers to these important questions that will help the mayor understand the structures of many of the businesses in his city:

  9. ECO 204 newASH Course Tutorial For more course tutorials visit www.uophelp.com

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