Category Archives: ECO 100

ECO 100 Entire Course Updated

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ECO 100 Entire Course Updated

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ECO 100 Entire Course Updated

ECO 100 Week 1 DQ 1 Marginal Cost & Marginal Benefit  

ECO 100 Week 1 DQ 2 Self Interest

ECO 100 Week 2 DQ 1 Supply, Demand & Equilibrium  

ECO 100 Week 2 DQ 2 Private Property

ECO 100 Week 3 DQ 1 Coprporations

ECO 100 Week 3 DQ 2 Oligopolies

ECO 100 Week 4 DQ 1 Unemployment Rates and Human Capital

ECO 100 Week 4 DQ 2 GDP and Recession 2B+

ECO 100 Week 5 DQ 1 Basic Functions of Money

ECO 100 Week 5 DQ 2 Central Bank System   1A+

ECO 100 Week 1 Essay Answer question #4 from chapter 1, page 24 of the text  

ECO 100 Week 2 Essay Answer question #4 on Chapter 4, page 100 of the text  

ECO 100 Week 3 Essay Answer question #1 on chapter 8, page 201 of the text    

ECO 100 Week 4 Essay Answer question #5 on chapter 11, page 278 of the text

ECO 100 Week 1 DQ 1 Marginal Cost & Marginal Benefit Updated

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ECO 100 Week 1 DQ 1 Marginal Cost & Marginal Benefit NEW

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ECO 100 Week 1 DQ 1 Marginal Cost & Marginal Benefit Updated

Marginal Cost & Marginal Benefit

Cite three examples of recent decisions that you made in which you weighed marginal cost and marginal benefit. (Make sure these are socially acceptable and appropriate for sharing in a public forum.) Explain in 200 words. Respond to at least three of your classmates’ postings.

 

 

ECO 100 Week 1 DQ 2 Self Interest Updated

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ECO 100 Week 1 DQ 2 Self Interest Updated

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ECO 100 Week 1 DQ 2 Self Interest Updated

Self Interest

How does self-interest help achieve society’s economic goals? Why is there such a wide variety of desired goods and services in a market? In what ways are entrepreneurs and businesses at the helm of the economy but commanded by consumers? Explain in 200 words. Respond to at least three of your classmates’ postings

 

 

ECO 100 Week 1 Essay Answer question #4 from chapter 1, page 24 of the text Updated

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ECO 100 Week 1 Essay Answer question #4 from chapter 1, page 24 of the text Updated

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ECO 100 Week 1 Essay Answer question #4 from chapter 1, page 24 of the text Updated

Week One Essay

Answer question #4 from chapter 1, page 24 of the text: “What is meant by the term ‘utility,’ and how does it relate to purposeful behavior?”. In one to three pages, fully explain your answer in a way that shows your understanding of “utility” and human behavior

ECO 100 Week 2 DQ 1 Supply, Demand & Equilibrium Updated

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ECO 100 Week 2 DQ 1 Supply, Demand & Equilibrium Updated

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ECO 100 Week 2 DQ 1 Supply, Demand & Equilibrium Updated

Supply, Demand & Equilibrium

Professional Sport players generally are paid much more than farmers, factory workers, engineers, and teachers. The markets for the professional sports players, farmers, factory workers, engineers and teachers are generally competitive markets. Even among professional sport players, the salaries for players in some sports are generally significantly higher than the salary in some other sports. How does this make sense using supply and demand in a market in equilibrium? Fully explain your reasoning in at least 200 words. Respond to at least two of your fellow students’ postings..

ECO 100 Week 2 DQ 2 Private Property Updated

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ECO 100 Week 2 DQ 2 Private Property Updated

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ECO 100 Week 2 DQ 2 Private Property Updated

Private Property

Why is private property, and the protection of property rights, so crucial to the success of the market system? Fully explain your reasoning in at least 200 words. Respond to at least two of your fellow students’ postings.

ECO 100 Week 2 Essay Answer question #4 on Chapter 4, page 100 of the text Updated

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ECO 100 Week 2 Essay Answer question #4 on Chapter 4, page 100 of the text Updated

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ECO 100 Week 2 Essay Answer question #4 on Chapter 4, page 100 of the text Updated

 

Week Two Essay

Answer question #4 on Chapter 4, page 100 of the text: “You are chairperson of a state tax commission responsible for establishing a program to raise new revenue through excise taxes. Why would elasticity of demand be important to you in determining the products on which the taxes should be levied?”. In one to three pages, fully explain your answer in a way that shows your understanding of “elasticity of demand.”

ECO 100 Week 3 DQ 1 Coprporations Updated

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ECO 100 Week 3 DQ 1 Coprporations Updated

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ECO 100 Week 3 DQ 1 Coprporations Updated

Corporations

What major advantages of corporations have given rise to their dominance as form of business organization? Fully support your position in at least 200 words. Respond to at least three of your classmates’ postings.

ECO 100 Week 3 DQ 2 Oligopolies Updated

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ECO 100 Week 3 DQ 2 Oligopolies Updated

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ECO 100 Week 3 DQ 2 Oligopolies Updated

Oligopolies

What is an “oligopoly” and why do they exist? List 3 or 4 oligopolies whose products you own or regularly purchase. What distinguishes oligopoly from monopolistic competition? Fully support your position in at least 200 words. Respond to at least three of your classmates’ postings.

 

 

ECO 100 Week 3 Essay Answer question #1 on chapter 8, page 201 of the text Updated

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ECO 100 Week 3 Essay Answer question #1 on chapter 8, page 201 of the text Updated

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ECO 100 Week 3 Essay Answer question #1 on chapter 8, page 201 of the text Updated

Week Three Essay

Answer question #1 on chapter 8, page 201 of the text: “‘No firm is completely sheltered from rivals; all firms compete for consumer dollars. If that is so, then pure monopoly does not exist.’ Do you agree? Explain.” In one to three pages, fully explain your answer in a way that shows your understanding of “monopolies.”