ECN 601 DQ 1 & DQ 2 Topic 1 - 8 (Package Deal)

Topic 2DQ2 Feb9-13,2023 Explain why pricing and production are extent decisions and not decisions that should be tackled with break-even analysis. Does the same apply for investment decisions? Provide a rationale to support your response.

Topic3DQ1 Feb16-18, 2023 Whatmarketstructurebestdescribestheenvironment withinwhichyourorganizationoperates?What challenges and opportunities would arise from higher and lower degrees of governmentintervention? Provide arationaleto supportyour selected marketstructure.

Topic3DQ2 Feb16-20, 2023 How do firms contribute to the efficiency of the market economy in ways that networks ofindependentcontractorsdonot?Useyourorganization, oronewithwhichyouarefamiliar, toillustrate your response.

Topic 4DQ1 Feb23-25,2023 Identifyapersonaleconomicdecisionthatwasdrivenbyabehavioralbiasratherthanbypurerationalbehavior.Givenyourunderstandingofbehavioraleconomics,howwouldyourdecisiondiffertoday?

Topic 4DQ2 Feb23-27,2023 Whatisthecorrelationbetween,andevidencebehind,marketconcentrationandpricelevels?Doyoufindanyrelationshipbetweenlackofcompetitionandothereconomicvariables?UseatleastonearticlefromTheWallStreetJournal,oranotherscholarlyreference,tosupportyourresponse.Whataretheethicalramif...

Topic5DQ1 Mar2-4, 2023 The order of play tends to matter in sequential games where rivals must predict best reply-responses and counter-responses in order to achieve a desired payoff. Discuss an instance inwhich you or your firm used game theory and explain why the relationship between the playe...

Topic5DQ2 Mar2-6, 2023 In business, sports, politics, and many other fields there are probably countless situations akin totheprisoner'sdilemma whereplayersactingintheir ownself-interest donot produceanidealoutcome. Likewise, some player dynamics also illustrate other game theory concepts like ...

Topic 6DQ1 Mar9-11,2023 Whatisthedifferencebetweenriskanduncertainty?Provideexamplesofwhatyourorganizationhasdone,ornotdone,todealwithriskanduncertainty.Howdidthoseactionsaffectthefirmonceacontingencyofriskoruncertaintymaterialized?

Topic 6DQ2 Mar9-13,2023 Howdoesthefinancialstrengthofanorganizationinfluencedecisionmakingandoutcomes?Provideexamplesthatsupportyourrationale.

Topic 7DQ1 Mar16-18,2023 Giveexamplesfromyouremploymenthistorywhereyouwitnessedmoralhazardintheworkplace.Whatweretheincentivesthatgaverisetomoralhazard?Didthefirmtakestepstoeliminatemoralhazard?

Topic 7DQ2 Mar16-20,2023 Beginbylocatingascholarlyarticleregardingtheeffectsofincreasesonminimumwagesanddiscussitsfindings.Doesaminimumwageincreaseleadtoreductionsinemployment,oristheoveralleffectonemploymentnetpositive?Doyouagreeordisagreewiththeresultsofthestudy?Whatdoyouthinkareothervitalcons...

Topic 8DQ1 Mar23-25,2023 GotoTheEconomistwebsiteandsearchfortheBigMacIndexforarecenttimeperiod.ComparethePurchasingPoweroftheUnitedStateswithanothercountry.Trytochooseacountrywithwhichyouarenotveryfamiliar.Whatdoesthisparitysayaboutthepotentialstandardoflivinginthecountryyouchose?Whatdoesitsayab...

Topic 8DQ2 Mar23-27,2023 Overseveraldecades,someindustries,suchastextileandclothing,whichwereonceasignificantpartoftheU.S.economy,haveshiftedmanufacturingabroad.Usingtheideaofopportunitycost,provideanexplanationofthereasoningbehindthisshift.Howhasthisshiftaffectedeconomicwell-beinglocally?Howdot...