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FOR MORE CLASSES VISIT<br>www.eco561mart.com<br>ECO 561 Week 1 Discussion Decision Making and Buyer Behavior Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Monday Respond to the following in a minimum of 175 words: u2022 People may make bad decisions because they fail to
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ECO 561 MART T Focus dreams --eco561mart.com ECO 561 Week 1 Discussion Decision Making and Buyer Behavior FOR MORE CLASSES VISIT www.eco561mart.com ECO 561 Week 1 Discussion Decision Making and Buyer Behavior Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Monday Respond to the following in a minimum of 175 words: • People may make bad decisions because they fail to compare the relevant costs and benefits. Do you agree? Provide an example of when you made a bad decision, and an example of when you made
ECO 561 MART T Focus dreams --eco561mart.com ECO 561 Week 2 Discussion Competition and the Invisible Hand FOR MORE CLASSES VISIT www.eco561mart.com ECO 561 Week 2 Discussion Competition and the Invisible Hand Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Thursday Respond to the following in a minimum of 175 words: • Read the following statement and
ECO 561 MART T Focus dreams --eco561mart.com ECO 561 Week 3 Discussion Explaining the Imperfections FOR MORE CLASSES VISIT www.eco561mart.com ECO 561 Week 3 Discussion Explaining the Imperfections Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Thursday Respond to the following in a minimum of 175 words: • Explain why monopoly sellers usually offer discount prices to buyers who are willing to mail in a rebate coupon or endure some other type of inconvenience. • Discuss why traditional economic models
ECO 561 MART T Focus dreams --eco561mart.com ECO 561 Week 4 Discussion Income Distribution and Labor Markets FOR MORE CLASSES VISIT www.eco561mart.com ECO 561 Week 4 Discussion Income Distribution and Labor Markets Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Thursday Respond to the following in a minimum of 175 words: • Discuss at least two self-
ECO 561 MART T Focus dreams --eco561mart.com ECO 561 Week 5 Discussion Money Multiplier FOR MORE CLASSES VISIT www.eco561mart.com ECO 561 Week 5 Discussion Money Multiplier Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Thursday Watch the Money Multiplier: Money Multiplier Transcript Respond to the following in a minimum of 175 words: This video explains the multiplier effect. How does the multiplier facilitate the creation of money? Note: Be careful you do not confuse the monetary multiplier
ECO 561 MART T Focus dreams --eco561mart.com ECO 561 Week 5 Discussion Open Economy Activities FOR MORE CLASSES VISIT www.eco561mart.com ECO 561 Week 5 Discussion Open Economy Activities Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Thursday One standard that corporations use to evaluate their performance against their competitors is the set of
ECO 561 MART T Focus dreams --eco561mart.com ECO 561 Week 6 Discussion Economic Growth and Capital Flow FOR MORE CLASSES VISIT www.eco561mart.com ECO 561 Week 6 Discussion Economic Growth and Capital Flow Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Thursday Respond to the following in a minimum of 175 words: • Discuss the following statement from Principles of Economics: “Because the environment is fragile and natural resources are finite, ultimately economic growth must come to an end.” • Explain
ECO 561 MART T Focus dreams --eco561mart.com ECO 561 Week 6 Discussion System Dynamics FOR MORE CLASSES VISIT www.eco561mart.com ECO 561 Week 6 Discussion System Dynamics Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Thursday Watch “System Dynamics” from the University Library. Respond to the following in a minimum of 175 words:
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Apply Week 1 Assignment FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Apply Week 1 Assignment 1) For the fall semester, you had to pay a nonrefundable fee of $600 for your meal plan, which gives you up to 150 meals. If you eat 100 meals, your average cost for a meal is: 2) Refer to the accompanying table below. The marginal cost of the 4th unit of activity is: 3) Refer to the
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Apply Week 2 Assignment FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Apply Week 2 Assignment 1) If the price elasticity of demand for pineapples is 0.75, then a 4 percent increase in the price of pineapples will lead to a: 2) Suppose the company that owns the vending machines on your campus has doubled the price of a can of soda. They then notice that they are selling
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Apply Week 3 Assignment FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Apply Week 3 Assignment 1) The essential feature that differentiates imperfectly competitive firms from perfectly competitive firms is that an imperfectly competitive firm: 2) If a firm faces a downward-sloping demand curve, then: 3) Given the demand curve it faces, if an imperfectly competitive firm
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Apply Week 4 Assignment FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Apply Week 4 Assignment 1) The optimal amount of information to acquire before making a purchase is: 2) This graph illustrates the marginal costs and marginal benefits of acquiring information before making a major purchase. Suppose the marginal cost and marginal benefit curves were MC0 and MB0 several decades ago. However, because information about this product is now available online, the: 3) The free-rider problem occurs when: 4) Pat goes to the
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Apply Week 5 Assignment FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Apply Week 5 Assignment 1) The following graph is the production possibility curve for a three-person economy, with workers Janna, Drew, and Karl. The slope of the PPC between points X and Y is determined by _____ opportunity cost. 2) Sheila and Jim live in an island where they are the only two workers.
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Apply Week 5 Think Like an Economist FOR MORE CLASSES VISIT www.eco561mart.com Apply: Think Like an Economist Assignment Instructions The accompanying table shows how total donations, average donations, total labor costs and average labor costs vary depending on the number of employees State U hires for its fundraising activities. Complete the following: • Calculate the total value of donations raised by three employees, and explain the method you used to make this calculation. • Calculate the total labor cost with four employees
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Apply Week 6 Assignment FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Apply Week 6 Assignment 1) Average labor productivity times the proportion of the population employed equals: 2) ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬A nation's standard of living, as measured by real GDP per person, increases: 3) If average labor productivity increases, real GDP per person: 4) Suppose that average
ECO 561 MART T Focus dreams --eco561mart.com • ECO 561T Entire Course • FOR MORE CLASSES VISIT • www.eco561mart.com • ECO 561 Week 1 Discussion Decision Making and Buyer Behavior • ECO 561 Week 2 Discussion Competition and the Invisible Hand • ECO 561 Week 3 Discussion Explaining the Imperfections • ECO 561 Week 4 Discussion Income Distribution and Labor • Markets
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Week 1 Video Question FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Week 1 Video Question 1)The table below shows your total benefit measured in dollars from drinking different amounts of coffee each day.what’s your marginal benefit from a second cup of coffee? Number of cups of coffee per day Total benefit per day(in dollars) 0 0 1 5 2 9 3 12 4 14 5 15 2)The table below shows your total benefit measured in dollars from drinking different amounts of coffee each day.If each cup of coffee costs you $2.50,then how many
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Week 2 Practice Knowledge Check FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Week 2 Practice Knowledge Check 1)If the price of textbooks increases by one percent and the quantity demanded falls by one-half percent, then the price elasticity of demand is equal to: 2)If 20 percent increase in the price of a good leads to a 60 percent decrease in the quantity demanded, then what is
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Week 3 Practice Knowledge Check FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Week 3 Practice Knowledge Check 1)If people use the representative heuristic they assume that something is ___ likely to belong to a category the more it shares characteristics thought to be representative of membership in that category 2)The ______ heuristic is the rule of thumb that estimates the
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Week 5 Practice Knowledge Check FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Week 5 Practice Knowledge Check 1)An economy has two workers, Paula and Ricardo. Every day they work, Paula can produce 4 computers or 16 shirts, and Ricardo can produce 6 computers or 12 shirts. What is the opportunity cost for Ricardo to produce one computer? 2)An economy has two workers, Paula and Ricardo. Every day they work, Paula can produce 4 computers or 16 shirts, and Ricardo can produce 6 computers or 12 shirts. What is the most of each
ECO 561 MART T Focus dreams --eco561mart.com ECO 561T Week 6 Practice Knowledge Check FOR MORE CLASSES VISIT www.eco561mart.com ECO 561T Week 6 Practice Knowledge Check 1)How is real output per person calculated? 2)Y/POP=Y/N xN/POP is an: 3)The most important factor for long run economic growth is: 4)If the share of the population employed is unchanged and real output per person increases by 20 percent,then it means that: 5)In the last 50years,the share of population employed in the U.S. has increased because: 6)If Y/N equals $3,000/person and N/Pop equals 0.9,then real output per