Category Archives: ECO 550

STRAYER ECO 550 Week 1-11 All DQs Latest Guide

STRAYER ECO 550 Week 1-11 All DQs Latest Guide

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 ECO 550 Week 1-11 All DQs Latest Guide

ECO 550 Week 1 DQ 1 Fundamental Economic Concepts

ECO 550 Week 1 DQ 2 Supply and Demand

ECO 550 Week 2 DQ 1 Estimating Demand

ECO 550 Week 2 DQ 2 Estimating Elasticity of Demand

ECO 550 Week 3 DQ 1 Managing in the Global Economy

ECO 550 Week 3 DQ 2 Outsourcing Offshore

ECO 550 Week 4 DQ 1 Production Economics

ECO 550 Week 4 DQ 2 Production Decisions

ECO 550 Week 5 DQ 1 Applications of Cost Theory

ECO 550 Week 5 DQ 2 Cost Management

ECO 550 Week 6 DQ 1 Market Structures

ECO 550 Week 6 DQ 2 Maximizing Revenue

ECO 550 Week 7 DQ 1 Predicting Price-Setting Strategies

ECO 550 Week 7 DQ 2 Price-Setting Strategies

ECO 550 Week 8 DQ 1 Entering a Merger

ECO 550 Week 8 DQ 2 Organizational Form

ECO 550 Week 9 DQ 1 Impact of Government Regulation

ECO 550 Week 9 DQ 2 Government Regulation

ECO 550 Week 10 DQ 1 Long-Term Investment

ECO 550 Week 10 DQ 2 Cost-Benefit Analysis

ECO 550 Week 11 DQ 1 Transfer It

ECO 550 Week 11 DQ 2 Best Practices

 

STRAYER ECO 550 Week 1 DQ 1 Fundamental Economic Concepts Latest Guide

STRAYER ECO 550 Week 1 DQ 1 Fundamental Economic Concepts Latest Guide

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ECO 550 Week 1 DQ 1 Fundamental Economic Concepts Latest Guide

“Fundamental Economic Concepts” Please respond to the following:

Answer the following DQs based on the Katrina’s Candies scenario:

From the scenario for Katrina’s Candies, examine the key factors affecting the demand for and the supply of a good in general and Katrina’s Candies specifically. Distinguish between a change in demand and a change in the quantity demanded (movement along the demand curve).

From the above, indicate the factors that are responsible for a shift in demand; and explain how the change is effected by these factors.

Indicate the factors that are responsible for a shift in supply; and explain how the change is affected by these factors.

 

STRAYER ECO 550 Week 1 DQ 2 Supply and Demand Latest Guide

STRAYER ECO 550 Week 1 DQ 2 Supply and Demand Latest Guide

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ECO 550 Week 1 DQ 2 Supply and Demand Latest Guide

From the e-Activity, examine the key factors that influence the supply and demand of the selected good in general and Katrina’s Candies specifically. Propose two (2) methods in which organizations that provide the good may utilize this information. Provide a rationale for your response.

 

STRAYER ECO 550 Week 2 DQ 2 Estimating Elasticity of Demand Latest Guide

STRAYER ECO 550 Week 2 DQ 2 Estimating Elasticity of Demand Latest Guide

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ECO 550 Week 2 DQ 2 Estimating Elasticity of Demand Latest Guide 

From the e-Activity, analyze the elasticity of demand for products within the selected industry relevant to Katrina’s Candies. Determine the factors involved in making decisions about pricing these products that you believe to be the most influential. Provide a rationale for your response.

STRAYER ECO 550 Week 3 Assignment 1 Demand Estimation (2 Sets) Latest Guide

STRAYER ECO 550 Week 3 Assignment 1 Demand Estimation (2 Sets) Latest Guide

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ECO 550 Week 3 Assignment  1 Demand Estimation (2 Sets) Latest Guide

This Tutorial contains 2 Sets

Option 1: Demand equation:

QD = – 5200 – 42P + 20PX + 5.2I + .20A + .25M

(2.002)  (17.5) (6.2)    (2.5)   (0.09)   (0.21)

R2 = 0.55           n = 26               F = 4.88

Independent variables:

Q = Quantity demanded of 3-pack units

P (in cents) = Price of the product = 500 cents per 3-pack unit

PX (in cents) = Price of leading competitor’s product = 600 cents per 3-pack unit

I (in dollars) = Per capita income of the standard metropolitan statistical area

(SMSA) in which the supermarkets are located = $5,500

A (in dollars) = Monthly advertising expenditures = $10,000

M = Number of microwave ovens sold in the SMSA in which the supermarkets are located = 5,000

1. Compute the elasticities for each independent variable

2. Determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies. Provide a rationale in which you cite your results.

3. Recommend whether you believe that this firm should or should not cut its price to increase its market share. Provide support for your recommendation.

4. Assume that all the factors affecting demand in this model remain the same, but that the price has changed. Further assume that the price changes are 100, 200, 300, 400, 500, 600 cents.

  1. Plot the demand curve for the firm.
  2. Plot the corresponding supply curve on the same graph using the following MC / supply function Q = -7909.89 + 79.1P with the same prices.
  3. Determine the equilibrium price and quantity.
  4. Outline the significant factors that could cause changes in supply and demand for the low-calorie, frozen microwavable food. Determine the primary manner in which both the short-term and the long-term changes in market conditions could impact the demand for, and the supply, of the product.

5. Indicate the crucial factors that could cause rightward shifts and leftward shifts of the demand and supply curves for the low-calorie, frozen microwavable food.​

STRAYER ECO 550 Week 3 DQ 1 Managing in the Global Economy Latest Guide

STRAYER ECO 550 Week 3 DQ 1 Managing in the Global Economy Latest Guide

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ECO 550 Week 3 DQ 1 Managing in the Global Economy Latest Guide 

“Managing in the Global Economy” Please respond to the following:

·       *Answer the following DQs based on the Katrina’s Candies scenario:

o   From the scenario for Katrina’s Candies, assuming the absence of quantitative data, determine the qualitative forecasting techniques that could be used within this scenario.

o   Now, assume you have acquired some time series data that would enable you to make short, medium, and long term forecasts. Ascertain the quantitative technique that will provide you with the most accurate forecast. Provide a rationale for your responses

STRAYER ECO 550 Week 3 DQ 2 Outsourcing Offshore Latest Guide

STRAYER ECO 550 Week 3 DQ 2 Outsourcing Offshore Latest Guide

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ECO 550 Week 3 DQ 2 Outsourcing Offshore Latest Guide

“Outsourcing Offshore” Please respond to the following:

·       Answer the following DQs on the decision to outsource offshore:

o   Aside from maximizing profits, list the key factors that managers should consider when deciding whether or not to outsource offshore. Determine the key factors that you believe to be the most influential. Provide a rationale for your response.

o   Examine the manner in which the firm’s decision to outsource offshore is impacted by foreign exchange. Determine whether or not it matters where the company outsources offshore. Provide a rationale for your response.

 

STRAYER ECO 550 Week 4 DQ 1 Production Economics Latest Guide

STRAYER ECO 550 Week 4 DQ 1 Production Economics Latest Guide

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ECO 550 Week 4 DQ 1 Production Economics Latest Guide 

“Production Economics” Please respond to the following:

·       * From the scenario for Katrina’s Candies, determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs. Recommend the key decision-making criteria that Katrina’s Candies should use for expansion decisions in the short run and in the long run. Provide rationale for your response.

 

STRAYER ECO 550 Week 4 DQ 2 Production Decisions Latest Guide

STRAYER ECO 550 Week 4 DQ 2 Production Decisions Latest Guide

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ECO 550 Week 4 DQ 2 Production Decisions Latest Guide 

“Production Decisions” Please respond to the following: 

·       From the e-Activity, recommend whether the company in question should or should not continue to produce the good or service. Provide a rationale for your response.

STRAYER ECO 550 Week 5 DQ 1 Applications of Cost Theory Latest Guide

STRAYER ECO 550 Week 5 DQ 1 Applications of Cost Theory Latest Guide

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ECO 550 Week 5 DQ 1 Applications of Cost Theory Latest Guide 

“Applications of Cost Theory” Please respond to the following:

·       * Answer the following DQs based on the Katrina’s Candies scenario:

o   From the scenario for Katrina’s Candies, determine the appropriate type of market structure for the situation in question. Cite at least four (4) defining characteristics that have helped you reach this decision regarding the appropriateness of the chosen structure. 

o   Recommend two (2) kinds of pricing and output strategies that Katrina’s Candies should use to reach the goal of profit maximization. Suggest key modifications that Katrina’s Candies should make in order to maintain a competitive advantage when new entrants enter the market. Provide a rationale for your suggestions.