### How does the response change across specific industries

Assignment Help Microeconomics
##### Reference no: EM13234248

A growing number of businesses' including videogame developers, cigarette companies, soft drink producers, liquor marketers, and fast food chains are feeling the heat from government, the press, and society at large for encouraging harmful consumer habits. But in our free market economy, people are free to choose the products they consume (within legal boundaries, of course). Where does personal responsibility end and corporate responsibility begin? How does your response change across specific industries? What role (if any) do you believe the government should play?

#### Questions Cloud

 Write instructions to move value of register and add them : Write instructions to move value 34H into register A and value 3FH into register B, then add them together. Where is the result Describe the nature and causes of the problem faced : What criteria should Sweeney consider to evaluate good candidates for promotion? What criteria could be used to evaluate the performance of supervisors in development of their subordinates? State what is the value of kc if the extent of dissociation : What is the value of Kc if the extent of dissociation in 0.100M lactic acid is 3.65% at 25 Degree C? Compare and contrast the elite and popular cultures : Compare and contrast the ‘elite’ and ‘popular’ cultures of the seventeenth and eighteenth centuries in Europe. How does the response change across specific industries : A growing number of businesses' including videogame developers, cigarette companies, soft drink producers, liquor marketers, and fast food chains are feeling the heat from government, the press, and society at large for encouraging harmful consume.. Find the average kinetic energy of a helium atom : 7.5 mol of helium are in a 18 L cylinder. The pressure gauge on the cylinder reads 67psi, What are the temperature of the gas in Celsius and the average kinetic energy of a helium atom Explain the initial concentration in the half cells : In an Fe and Cr voltaic cell where the Fe is in Fe(NO3)2 and the Cr is in Cr(NO3)3; calculate the cell potential at 25 C if the initial concentration in the half cells are as follows [Cr 3+] = 2.45M and [Fe 2+] = .75 M What number of subscribers will minimize ac for the firm : Where Q is millions of subscribers What is the total cost function What is the marginal Cost function What number of subscribers will minimize AC for this firm What is the level of AC at this output Reflect its participatory nature : What are two characteristics of African music that reflect its participatory nature?  How do they?

### Write a Review

#### Explain proposals to raise the minimum wage rate

Proposals to raise the minimum wage rate are often opposed with the argument that such a move would not only cause an increase in the unemployment rate but would also hurt the very people it is intended to help. Is there any validity to that argum..

#### What can reduce principal-agent problem but increase costs

Hiring more supervisory personnel can reduce the principal-agent problem and decrease costs. can reduce the principal-agent problem but increase costs. will eliminate the principal-agent problem. is contrary to the profit incentive.

#### Calculate the output and outcome health professional

Assume a given demand curve for massage therapy services. In the context of providing massage therapy services, list, and describe in detail, five different variables that may cause an increase in the demand for these services.

#### Short run production function

You manage the plant the mass produces engines by teams of workers using assembly machines. The technology is summarized by production: Find out the short run production function? Find out the total cost function for your plant to produce q engines ..

#### Effect of the ua increasing sovereign wealth funds on gdp

What is the effect of the United Arab Emirates' increasing sovereign wealth funds on GDP?

#### Money creation and monetary policy

You have been employed to manage a small manufacturing facility which has cost and production data given in the table listed below.

#### What is the level of profit maximising output

Using the marginal approach to maximise profits, find the price that monopolist would charge to maximise its profit. What is the level of profit maximising output?

#### What effects would the philosophy have on size of federal

Is this measure stabilizing or destabilizing. Suppose all states were committed to a balanced budget philosophy and the economy moved into a recession. What effects would this philosophy have on the size of the federal deficit.

#### What happens toreservation wage if someone needs to spend

a. Graphically explain what happens to the reservation wage if someone needs to spend some of their non-labor income on day-care services in order to become employed. b. Graphically explain what happens to the reservation wage if someone experience..

#### Describe gasoline as a commodity

Determine if the demand for the following products is price elastic or price inelastic, or explian how the necessity of a good and the availability of substitutes affect the price elasticity of demand.

#### Determine firms minimum cost of making unit of output

Determine the firm's minimum cost of making unit of output and the wage is €1 per hour and the capital rental charge is €1 per hour.

#### Find the slope of the budget line

What is the slope of the budget line and does this change depending on which combination of goods is purchased?