strayer university eco550 week 1 to week 9 discussions Question # 00009678 Posted By: spqr Updated on: 03/05/2014 01:33 PM Due on: 04/30/2014 Subject Economics Topic General Economics Tutorials: 1 See full Answer Question Week1Week 1 DiscussionTop of Form·"Fundamental Economic Concepts" Please respond to the following:· * From the scenario, examine the key factors affecting the demand for and the supply of a good or service. Distinguish between changes in demand and changes in the quantity demand. Indicate the factors that could lead to changes in demand / supply and changes in the quantity demanded / supplied. Determine the sets of factors that could lead to an increase in supply or demand on the one hand and a decrease in supply or demand on the other.· From the e-Activity, examine the key factors that influence the supply and demand of the selected good or service. Propose two (2) methods in which organizations that provide the selected good or service may utilize this information. Provide a rationale for your response.Week 2 DiscussionTop of Form"Estimating Demand" Please respond to the following:· * From the scenario, examine the procedure Herb will use to estimate the demand model developed in the scenario for Week 1. Determine the meaning, relevance, and importance of a manager interpreting the regression results.From the e-Activity, analyze the elasticity of demand for products within the selected industry. Determine the factors involved in making decisions about pricing these products that you believe to be the most influential.Week 3 DiscussionTop of Form"Managing in the Global Economy" Please respond to the following:· * From the scenario, assuming the absence of quantitative data, determine the qualitative techniques that could be used within this scenario. 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.· Aside from maximizing profits, develop guidelines that list the key factors that managers should consider when deciding whether or not to outsource or integrate forwards or backwards. Determine the key factors that you believe to be the most influential. Provide a rationale for your response.· * From the scenario, assuming the absence of quantitative data, determine the qualitative techniques that could be used within this scenario. 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.Week4Week 4 Discussion"Production Economics" Please respond to the following:· * From the scenario, 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.· 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.From the scenario, 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.Week 5 DiscussionTop of Form"Applications of Cost Theory" Please respond to the following:· * From the scenario, 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. 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.· Imagine that you are a manager of a chemical company. An accident has occurred in which chemicals leaked into the ground water nearby. The community is unaware of the accident. Compare the primary costs involved in cleaning up the water immediately (and thus confessing) versus hiding your culpability now and possibly paying more in the future. Predict the impact on profitability in both situations. Justify your response.Week 6 DiscussionTop of Form"Market Structures" Please respond to the following:· * From the scenario, suggest substantive ways in which Herb and Renee may use the information in the table in order to ascertain the profit maximizing level of output and price. Provide a rationale for your decision.· Compare and contrast monopoly and oligopoly. Recommend one (1) change that a company under each market structure should make in order to better maximize profits. Justify your response.Week 7 DiscussionTop of Form·"Price Setting Strategies" Please respond to the following:· * From the scenario, determine to the importance of predicting the pricing strategies of rival firms in an industry characterized by mutual interdependence. Provide a rationale for your response.· Examine the common price setting strategies of airlines that use game theory. Predict the potential effects of such pricing strategies on the demand for seats, and conclude the resulting impact on the profitability of the airlines.Week 8 Discussion·"Organizational Form" Please respond to the following:· * From the scenario, examine the major implications for firms entering into a merger. Develop key guidelines to follow when creating the terms of the merger in order to benefit all parties concerned.· Examine two (2) organizational forms of business (e.g., functional, product, etc.). Predict the possible implications of the principal agent relationship for each of these organizational forms of business. Determine which of the organization forms would have more of an economic impact on the operations of the firm and its ability to maximize profits. Provide a rationale for your response.Week 9 Discussion·"Government Regulations" Please respond to the following:· * From the scenario, take a position as to whether government regulation is constraining or enabling in this situation, as it relates to the operational efficiency of the company. Speculate on the fundamental manner in which government regulation could impact the shareholders’ wealth and profitability.· From the e-Activity, take a position on whether the banking industry needs more or less government regulation. Support your position with two (2) examples of the impact of regulation.Bottom of FormFrom the e-Activity, take a position on whether the banking industry needs more or less government regulation. Support your position with two (2) examples of the impact of regulation. Rating: 4.9/5
Solution: strayer university eco550 week 1 to week 9 discussions