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Assignment
1) You are a leader of a corporation and have been asked to decide between some designs for a child car-safety seat, using information such as that listed below. How much, in your estimation, would you pay for a seat yourself? How much, in your estimation, would the customer be willing to pay for a safety seat? How much, therefore, is the life of a child worth? How are utilitarian principles at work in this case?
Cost Percentage of deaths at 70 mph$20 80%$50 60%$70 30%$150 10%$500 5%
2) Read the "On the Edge" article on page 92 of the text (Working for Elli Lilly & Company).
Discuss the questions that follow:
1. Discuss Eli Lilly's practice from the perspectives of utilitarianism and rights.
2. In your judgement, is the policy of using homeless alcoholics for test subjects morally appropriate?
Explain how the accountant and economist view cost
Describes an environmentalist organization. Examines and describes the role, mission, structure, and activities of the environmentalist organization. Explains the environmentalist organization's concerns over globalization.
Explain the importance of the ceteris paribus or "other-things-equal" assumption - example of a positive economic statement and one example of a normative economic statement.
Discuss the concepts of technological and economic efficiency with refer- ence to this example. Describe the optimal production strategy for the firm.
the president and chief executive officer of a family owned manufacturing firm with assets of $45 million. The company articles of incorporation and state law place no restrictions on the sale stock to outsiders. An unexpected opportunity to expan..
A). Define the Human Poverty Index (HPI). How does it measure poverty?b). Fill in the following table using Central African countries data
Evaluate the design elements of the data tables from an accounting perspective. Create an entity relationship diagram illustrating the existing data tables.
How does a lack of competition affect prices and output?
in march 2010 president obama announced an initiative to double the u.s. exports by 2015. you work for the u.s. chamber
How do global advertising campaigns benefit the company - what are the global advertising strategies of this company? How effective are they?
Identify the impact on the balance sheet for that month if the following information is not used to adjust the accounts. 1. Supplies consumed during the month totalled $3,000. 2. Interest accrues on notes payable at the rate of $200 per month.
MAT10706 QUANTITATIVE METHODS WITH ECONOMICS ASSIGNMENT. How much money should be in the superannuation account if she wants to earn $35,000 per year from the account after her retirement
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