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ECO 561 - Week 2 - Complete
DQ1.Distinguish between explicit and implicit costs, and between normal and economic profits.   DQ2.Briefly (in a few words) state the basic characteristics of pure competition, pure monopo..
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ECO 561 - Week 2 - DQ 1
Distinguish between explicit and implicit costs, and between normal and economic profits. ..
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ECO 561 - Week 2 - DQ 2
Briefly (in a few words) state the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly.  Under which of these market classifications does each of the..
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ECO 561 - Week 2 - DQ 3
Why do you think the resource demand curve slopes downward?  What are some determinants of resource demand? ..
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ECO 561 - Week 2 - Learning Team Deliverable
Learning team Assignment - Learning Team Deliverable Complete the Learning Team Deliverable. ..
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ECO 561 - Week 2 - Market Equilibration Process Paper
Individual Assignment - Market Equilibration Process Paper Equilibration is the process of moving between two equilibrium points as a result of some change in supply or demand. Understanding how ma..
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ECO 561 - Week 2 - Quiz or Knowledge Check
1.Purely competitive firms increase total revenue by A. increasing production B. decreasing production C. increasing price D. decreasing price   2.What are two ways for a comp..
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