ECN 601 Grand Canyon Week 3 Complete Work (January 2016)




ECN 601 Grand Canyon Week 3 Complete Work (January 2016)


ECN 601 Grand Canyon Week 3 Discussion 1 (January 2016)

Chapter 5 opened with a discussion of the fast food industry. Identify how the Law of Diminishing Marginal Returns set in for the production process, and how management responded to this situation.


ECN 601 Grand Canyon Week 3 Discussion 2 (January 2016)

In the case discussion that opens chapter 6, Steve Jobs indicated that Apple would continue to assemble iPhones in China, despite the fact that only a small portion of the cost of an iPhone was labor expense. What was behind Apple’s decision? Do you agree with it?

ECN 601 Grand Canyon Week 3 Assignment (January 2016)

Chapter 5 and 6 Problems


Complete the following:

1-    Chapter 5, Technical Questions 1, 3, and 5 in the textbook.

2-    Chapter 6, Technical Question 3 in the textbook.

3-    Chapter 6, Application Question 3 in the textbook.

Follow these instructions for completing and submitting your assignment:

1-    Place all answers, both numerical and written, in a single excel spreadsheet.

2-    Place each problem into a separate tab or sheet in an Excel file.

3-    Place labels on spreadsheet inputs and outputs, and use the yellow highlighter on the top menu bar to highlight your final answer.

4-    If the question incorporates graphs, you must replicate the graph on your spreadsheet file.

5-    Do not submit Word files or multiple files for a single assignment.

You are not required to submit this assignment to Turnitin.

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