ECO 550 All Discussion Questions

 This archive file of ECO 550 All Discussion Questions Version 1 shows the solutions to the following problems:


 ECO 550 Week 1 Discussion Question 1

 From the e-Activity, explain the most important information you would require on which to base sound economic judgments. Explain your rationale.Assess the various forms of organizing and processing information to determine which is the most difficult to get correct. Explain your rationale



 ECO 550 Week 1 Discussion Question 2

 Analyze the characteristics that make any transaction possible and justify the importance of each of the characteristics.

 Evaluate the role institutions play in transactions and discuss the likely economic impact if institutions did not exist. Provide specific examples to support your response.



 ECO 550 Week 2 Discussion Question 1

 Analyze how markets work and make recommendations for or against any form of price control. Explain your rationale



 ECO 550 Week 2 Discussion Question 2

 Make at least one recommendation concerning U.S. government regulation that would make the economy stronger



 ECO 550 Week 2 Discussion Question 3

 Evaluate the impact of globalization on domestic governance. Identify and explicate at least three significant factors requiring domestic changes.



 ECO 550 Week 3 Discussion Question 1

 From the e-Activity, discuss how the company you selected should increase its competitive stance in the marketplace. Provide specific examples to support your response.

 Determine how a perfectly competitive firm can maximize its profit by producing the output at which average cost is minimized.



 ECO 550 Week 3 Discussion Question 2

 Imagine monopolizing a service or product of your choice. Discuss how you would go about setting prices for your product or service.

 Select a non-monopolized product or service with which you are familiar and determine how the consumption of that product or service would differ if it were controlled by a monopoly.



 ECO 550 Week 4 Discussion Question 1

 Describe an oligopoly company and explain what makes it so.



 ECO 550 Week 4 Discussion Question 2

 Assume that a very competitive start-up enters the market in direct competition with the oligopoly you describe initially gaining a 12% market share. Discuss the steps the oligopoly should take to address this new competition.



 ECO 550 Week 4 Discussion Question 3

 Discuss a scenario where price fixing is beneficial to all parties involved – including consumers. Provide specific examples to support your response.



 ECO 550 Week 4 Discussion Question 4

 Analyze the models of oligopoly and create at least one recommendation for improvement. Explain your rationale.



 ECO 550 Week 5 Discussion Question 1

 From the e-Activity, explicate the five competitive forces that shape strategy. Then, determine which of the five competitive forces has the most significant impact on strategy in general. Support your response with evidence or examples.



 ECO 550 Week 5 Discussion Question 2

 With the same small business from the first discussion in mind, describe the best possible merger or agreement to grow your company and maximize profits. Explain your rationale.

 Again, with the same company in mind, discuss the most effective way to sustain and extend a competitive advantage. Provide specific examples to support your response.



 ECO

Complete course guide available here - https://bitly.com/12AXdTz

Where you sit in class might have a bearing in how well you do. Instead of slipping into class at the last minutes and sitting in the back row, arrive on time and sit in the front of the room. You'll be able to ask questions and participate easier without having to yell.