...A++PAPER;http://www.homeworkproviders.com/shop/eco-561-week-4-complete/ ECO 561 WEEK 4 COMPLETE You will apply economic principles presented in Weeks One through Three in this week’s assignment. Your assignment will be reviewed by your facilitator in week five and should be revised as necessary based on feedback as the first part of the final assignment in week six. Select a new, realistic good or service for an existing industry. Write the economic analysis section of a business proposal. This will include statements about the market structure and the elasticity of demand for the good or service, based on text book principles. You need to create hypothetical data, based on similar real world products to estimate fixed and variable costs. Required Elements: Identify market structure Identify elasticity of the product Include rationale for the following questions: How will pricing relate to elasticity of your product? How will changes in the quantity supplied as a result of your pricing decisions affect marginal cost and marginal revenue? Besides your pricing decisions, what are your suggested nonpricing strategies? What nonpricing strategies will you use to increase barriers to entry? How could changes in your business operations alter the mix of fixed and variable costs in line with your strategy? No more than 1400 words Your proposal is consistent with APA guidelines Click the Assignment Files tab to submit your assignment. 2- Prepare...
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...ECO 561 WEEK 4 COMPLETE A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=eco-561-week-4-complete Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION ECO 561 Week 4 COMPLETE Apple iPhone Business Proposal Apple launched its first phone known as the iPhone in 2008; the phone is designed to target people who wanted and needed to communicate and store information. The phone is design to provide a wireless Internet connection, music, and talk into one. The features of this phone include a 3.5 touch screen without the aid of a keyboard, using more than one finger to control the phone, and shifting the screen to view in different modes. The market for the phone was small in 2008; but today the phone has taken over. In this paper I will present a business proposal for the iPhone addressing the market structure and the elasticity of demand for the phone. Market Structure The Apple smartphone is part of an Oligopoly market; an independent market and has its own behaviors strategies. According to McConnell, Brue, and Flynn (2009), “Oligopoly, in contrast, blends a large amount of monopoly power, a small amount of competition through entry, and considerable rivalry among industry firms” (p. 222). Because Apple’s smartphone industry and competition was small, it needs to take control of the market by differentiating the iPhone from others phone in its category. Apple needs to develop a plan that will help them to target the upper...
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...ECO 561 WEEK 4 QUIZ ECO 561 Week 4 Quiz 1. Business cycles occur when output Hint: Business cycles fluctuate over time around the linear trend of gross domestic product (GDP). A. falls below its potential B. rises above its potential C. is fixed at its potential [ D. fluctuates around its growth trend ] The business cycle includes the tendency for output to rise and fall in the short term. When output fluctuates around an economy's secular trend, business cycles occur. 2. Which of these statements best describes a complete individual business cycle? Hint : A complete business cycle is measured from the initial peak to the next peak. [ A. Movement from peak to trough to peak ] B. Movement from recession to expansion C. Movement from peak to recession to trough D. Movement from trough to expansion then to peak A business cycle is measured peak to peak or trough to trough. 3. During the business cycle, the period between the point at which output reaches a high and the point at which it reaches a low is called Hint : After a period of economic expansion, the economy usually contracts. This contraction would be characterized by higher unemployment and a declining GDP. A. a peak B. a trough C. an expansion [ D. a recession [ A downturn describes the phenomenon of economic activity starting to fall from a peak. If output contracts between the point at which output reaches a high and the point at which it reaches a low for more than two consecutive...
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...ECO 561 WEEK 4 APPLE IPHONE BUSINESS PROPOSAL A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=eco-561-week-4-apple-iphone-business-proposal Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION ECO 561 Week 4 Apple iPhone Business Proposal Apple iPhone Business Proposal Apple launched its first phone known as the iPhone in 2008; the phone is designed to target people who wanted and needed to communicate and store information. The phone is design to provide a wireless Internet connection, music, and talk into one. The features of this phone include a 3.5 touch screen without the aid of a keyboard, using more than one finger to control the phone, and shifting the screen to view in different modes. The market for the phone was small in 2008; but today the phone has taken over. In this paper I will present a business proposal for the iPhone addressing the market structure and the elasticity of demand for the phone. Market Structure The Apple smartphone is part of an Oligopoly market; an independent market and has its own behaviors strategies. According to McConnell, Brue, and Flynn (2009), “Oligopoly, in contrast, blends a large amount of monopoly power, a small amount of competition through entry, and considerable rivalry among industry firms” (p. 222). Because Apple’s smartphone industry and competition was small, it needs to take control of the market by differentiating the iPhone from others phone in its category...
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...ECO/HC 561 COMPLETE CLASS To purchase this visit here: http://www.activitymode.com/product/ecohc-561-complete-class/ Contact us at: SUPPORT@ACTIVITYMODE.COM ECO/HC 561 COMPLETE CLASS ECO/HC 561 Economics in Health Care Business Proposal Project Paper ECO/HC 561 Economics in Health Care Macroeconomic Policy & its Implications to Healthcare Providers ECO/HC 561 Economics in Health Care International Paper ECO/HC 561 Economics in Health Care Cost & Consumerism ECO/HC 561 Economics in Health Care Technology Proposal Presentation ECO/HC 561 Economics in Health Care Week 1 DQs ECO/HC 561 Economics in Health Care Week 2 DQs ECO/HC 561 Economics in Health Care Week 3 DQs ECO/HC 561 Economics in Health Care Week 4 DQs ECO/HC 561 Economics in Health Care Week 5 DQs ECO/HC 561 Economics in Health Care Week 6 DQs Activity mode aims to provide quality study notes and tutorials to the students of ECO/HC 561 COMPLETE CLASS in order to ace their studies. ECO/HC 561 COMPLETE CLASS To purchase this visit here: http://www.activitymode.com/product/ecohc-561-complete-class/ Contact us at: SUPPORT@ACTIVITYMODE.COM ECO/HC 561 COMPLETE CLASS ECO/HC 561 Economics in Health Care Business Proposal Project Paper ECO/HC 561 Economics in Health Care Macroeconomic Policy & its Implications to Healthcare Providers ECO/HC 561 Economics in Health Care International Paper ECO/HC 561 Economics in Health Care Cost & Consumerism ECO/HC 561 Economics in Health Care Technology Proposal...
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...ECO 561 Entire Course (UOP Course) For more course tutorials visit www.tutorialrank.com ECO 561 Week 1 Individual Assignment Scenario Concept (Price Elasticity Scenario) ECO 561 Week 1 DQ 1 ECO 561 Week 1 DQ 2 ECO 561 Week 2 Learning Team Assignment Scenario Analysis ECO 561 Week 2 Assignment Cost and Revenue Curves Simulation ECO 561 Week 2 DQ 1 ECO 561 Week 2 DQ 2 ECO 561 Week 3 Individual Assignment Cost Scenario ECO 561 Week 3 DQ 1 ECO 561 Week 3 DQ 2 ECO 561 Week 4 Individual Assignment Simulation Analysis ECO 561 Week 4 DQ 1 ECO 561 Week 4 DQ 2 ECO 561 Week 5 Individual Assignment Interest Rate Report ECO 561 Week 5 DQ 1 ECO 561 Week 5 DQ 2 ECO 561 Week 6 Learning Team Assignment International Paper ECO 561 Week 6 DQ 1 ECO 561 Chapter 1 Quiz ECO 561 Chapter 2 Quiz ECO 561 Chapter 3 Quiz ECO 561 Week 4 Quiz ECO 561 Chapter 5 Quiz ECO 561 Chapter 6 Quiz ECO 561 Chapter 7 Quiz ECO 561 Chapter 8 Quiz ------------------------------------------------------------------------------------------ ECO 561 Chapter 1 Quiz (UOP Course) For more course tutorials visit www.tutorialrank.com Chapter 1 Quiz Question 1 As per the law of demand: When rates increase, ceteris paribus Question 2 In response to news reports that taking aspirins daily can reduce an individual's risk of a heart attack, there will most likely be Question 3 The number of pizzas this restaurant sells per week increases from 500 to 700....
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...Fin571 Week 5 Problem Sets Lamar September 19, 2010 FIN/571 University of Phoenix Denny Frischkorn Week 5 Text Problem Sets Exercises Chapter 17 B1: (Choosing Financial... Save Paper Eco561 Week 1 quantity supplied on a fixed supply curve, during the pre-Superbowl weeks, there is a spike in the demand and quantity supplied as consumers are readying for the big... Save Paper International Corporate Finance/Fin Gm571 Week 3 The current credit terms dictates 15% upon purchase and 85% the following week (Emery, Finnerty, & Stowe, 2007). As valuable a customer who LS is to Murray, LS... Save Paper Week 2 Checkpoint Xeco212 iPad within hours, and retailers werent replenished for weeks because the demand was too high for production. So when they did this, they didnt have a significant... Save Paper Hca230 Week 1 Assignment HCA230 Week 1 Assignment Today Managed Care is the most predominant form of insurance in the United States. Insurances such as PPO, POS, and HMO plans are all... Save Paper Two Weeks With The Queen courage and prejudice expressed in a very realistic way that we can relate to. Two Weeks with the Queen gives the reader a sense of reality. In the beginning... Save Paper Week 5 Qnt/561 show that the production rate at the Scranton Plant has changed from 200 per week. The Two Sample Test of Hypothesis The two- sample hypothesis testing... Save Paper TraInIng In Acc point around which a learning organization may develop. The training program...
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...Team Deliverable ECO/561 April 15, 2014 Boris Higgins Team Deliverable During week 1 Team “A” was assigned to read chapters 1, 2, 3, and 6 of Economics. On April 7, 2014 they received a lecture from Mr. Higgins. From this Team “A” gained a better understanding of economics, marginal cost, marginal benefits, and consumer surplus. Before getting started Team “A” had to understand the meaning of economics. What they learned from both their lecture and readings is that economics is the study of how to use scarce resources to satisfy unlimited wants. They also learned about the basic needs of humans which are air, water, food, clothing, and shelter (McConnell, Brue, & Flynn, p. 3, 2009). However Team “A” learned that in today’s world the basic needs may not be enough to keep them happy. The reason for this is because humans now desire goods and services to accommodate their standard of living. In general humans want the next big thing. They may feel as though they need a flat screen TV, a fancy car, internet, cell phones, etc. Even though humans understand their basic needs, they still desire things that provide them with a comfortable lifestyle. To get a better understanding of marginal cost and marginal benefits, they had to first know their meaning. What they learned is that the marginal cost is about the value of what is given up to produce additional goods or services, and marginal benefit is about what humans are willing to give up to get one more good...
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...Learning Team A Reflection of Week Three Objectives Patrece James, Angela Roth, Michele King, Domingo Cuison University of Phoenix ECO/561 Professor David Flesh April 16, 2012 Week 3 learning objectives are 1) Determine pricing strategy to meet organizational goals; 2) Determine ways to create non-price barriers to entry based on market structure; 3) Determine ways to increase product differentiation based on market structure; 4) Determine ways to reduce costs for an organization. Pricing Strategy. Pricing is a major element of marketing and can help determine how successful your product or service will be to meet organizational goals. Pricing affects product positioning as well as product features, promotion and sales strategies. There are a number of different pricing strategies organizations have to consider that should reflect its overall sales strategy and the current state of the market. The pricing strategies that organizations can use are: 1) Developing a price; 2) Pricing objectives; 3) Pricing method; 4) New Product pricing; and 5) Price discounts. In developing a price, promotional tactics and distribution...
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...ll Will Bury’s Business Proposal Laura Nash ECO/561 July 11, 2011 Alexander Heil Will Bury has decided that he needs a change in his professional life since he feels as though he missing out on too many family functions. Will has come to the conclusion that he will resign from his current position with his employer and will start up his own business. Recommendation Process for Star-up Willy Bury must submit a layout of a business outline for his business proposal showing the positive and negative parts of opening up his own business. Will must choose the option that will lead to the most profit gain. One thing for Will to consider is if he will hire someone at first or if he will be doing the digitizing himself at the beginning of the start-up process for his business. Will needs to decide how much of his time it will take to work alone or if it is actually more effective hiring someone to bring the highest profit. Once Will Bury has an understanding of each start-up process he will be able to obtain his end goal of the highest profit. One thing Will must know is that customers will be hard to obtain at first with not possessing many years of the business being in service but what Will does have is experience. Will must learn what marketing tactics it takes to obtain and maintain customers along with knowing the best suitable price for each market. Business Assumptions Some assumptions from...
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...Dancing with the Stars Academy Glenda E. Ortega ECO/561 October 26, 2015 Prof. Seyed Baladi Dancing with the Stars Academy The author is a business consultant that provides expert advice to entrepreneurs. One of those entrepreneurs is an experienced dancer and performer, Jennifer Camacho. Jennifer has been a successful performer for many years, winning international awards and recognition. She believes this is the time for her to expand her horizons and become a business owner. Her idea is to open Dancing with the Stars Academy, where she will be teaching dance to adolescents and young adults. This paper describes the economic considerations related to Jennifer’s dance academy. The Business and Its Competitors Dancing with the Stars Academy will be located in Miami, Florida. Jennifer plans on teaching tango, salsa, rumba, samba, foxtrot, and hip-hop. Research indicates there are approximately eighteen other dance studios in the Miami area. Of these, eight teach the same dance rhythms Jennifer will focus on (Dance Empire, 2015). Many of the dancing studios in the area are differentiated by the type of dance they teach, the type of competitions they attend, the success they achieve at these competitions, the tours they are invited on, and the previous success of the leading instructor. Getting into the market is extremely easy as a dance teacher does not have to own a space but merely rent a location from an existing studio (Rizzuto, 2013). In order to be successful one...
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...Tuquituqui Bar & Lounge Business Proposal - Economic Analysis ECO/561 Instructor Alan Lane Murcia Student Diana Montenegro March 15, 2014 Abstract Tuquituqui is an upscale venue/bar where indie music lovers and art enthusiast can gather and enjoy the Chelsea area in New York. Offering a variety of top industry live acts and guest DJs, this venue will bring an urban chic ambiance in a casual setting where all can feel its artistic influence. At 4500 sq ft in size, Tuquituqui offers a full stock bar with reasonably priced drinks, which would include a great variety of domestic, imported and specialty beers, and assorted cocktails. Tuquituqui is a getaway to drink, dance and talk the night away while viding to the best selection of house and indie rock music. A unique experience of L.A. meets NY —Tuquituqui will surely be the preferred location for the alternative NY night going crowd. Tuquituqui will be opened Tuesday through Sunday, and its operating hours will be Sun, Tue-Wed: 8pm to 3am, Thurs-Sat: 8pm to 5am. Our objective is to be ahead of the competition in the Chelsea Area in terms of music, artistic environment, and most importantly, service. Each customer will be given VIP treatment without any discrimination or judgments. Tuquituqui will be known as the only bar in the area able to satisfy the changing tastes of its target customers and will also be a supporter of the arts and upcoming musicians. I. Market Structure Bar establishments form part of the US food...
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...| Syllabus School of Business ECO/561 Version 7 Economics | Copyright © 2012, 2011, 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course applies economic concepts to make management decisions. Students employ the concepts of scarce resources and opportunity costs to perform economic analysis. Other topics include supply and demand, profit maximization, market structure, macroeconomic measurement, money, trade, and foreign exchange. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. The discussion question points are now combined with the participation points for each week. You, as the instructor, may create a separate line item for discussion question points if you choose. Please note that some assignment points may have changed. Course Materials Ball, L. M. (2009). Money, banking, and financial markets. New York, NY: Worth Publishers. McConnell...
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...Kudler Fine Foods: Business Proposal Robert Dobbs ECO 561 07/11/2011 Paul Updike Kudler Fine Foods This business proposal is created to provide recommendations to Kudler Fine Foods in an effort to increase revenue and the associated ideal production levels for the operation. Included will be associated recommendations to assist Kudler Fine Foods in adjusting fixed and variable costs to maximize profit while identifying methods to reduce costs. This proposal will include the processes used in creating the recommendations and some economic concepts relative to the recommendations. Assumptions made about FGI and its values as a foundation for the recommendations will also be included. What are some of the issues at Kudler Fine Foods? 1. Del Mar Store is having some difficulties. 2. Kathy not able to interact with customers. 3. Perishable goods that have to be rotated out every 2 to 3 days. 4. Small management team. 5. Economy. The Del Mar store having difficulties being successful. Kathy has decided to not renew the leases for this location and when her other location in Carlsbad opens up; she will close the Del Mar location. These issues Kathy is currently dealing with but does she necessarily have to close this location and will the location at Carlsbad be as successful as she thinks? Maybe she should determine what specifically can be done to improve the location because she is contemplating a possible...
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