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A few years ago, National Public Radio brought back the "This I Believe" radio series which originally aired in the 1950s. "This I Believe" task. This task asks you to crisply and compellingly articulate your beliefs about any aspect of the relationship of business to society and the environment. information should address the issues addressed in this course (but not directly discussed in a forum), e.g., Is there a good reason to have a minimum wage? Is CEO compensation justified? How should wage gaps between men and women be addressed? Is affirmative action still necessary? Should the media be responsible for childhood obesity? Should genetically modified food be produced? Is Foreign Corrupt Practices Act obsolete? etc. articulate your beliefs about business and its responsibility to society, justice, ethics and the environment.
The products are for fun, but are not necessities to most people. Who is more affected by the tax, the joke shop or the customers
According to the BLS, the CPI rose 3.8% in August of this year compared to a year earlier. Food prices rose 4.6% and clothing prices were up 4.2%, while new car prices rose 3.8%, and medical care was up 3.2%. What percentage change in the CPI up unti..
It is no secret that China has a large trade surplus with the United States. Our open and large markets are very attractive to manufacturers all across the globe. Is it in the long run interest of the United States to maintain such trade deficits? Is..
Aristotle writes, “What is common to many is taken least care of, for all men have greater regard for what is their own than for what they possess in common with others.” Using the economic terms learned this week, explain in your own words Aristotle..
The market system cannot supply each person with an unlimited amount of resources, so choices must be made. Given the following events, Identify whether this event is a macroeconomic issue or a microeconomic issue and explain why you came to that con..
An individual has an income of $1000 per month with which they buy the composite good with a price of $1 and food with a price of $2/unit of food. Draw the budget constraint for the individual with the composite good on the y-axis and food on the x-a..
Which gamble would a risk-averse person most prefer? risk neutral-person? Risk-seeking person?
Do you believe the rise of globalization has caused the outsourcing of manufacturing jobs within the United States, or is this a natural progression due to the technological era we are in?
How can price and income elasticity measures be used by businesses to help maximize their sales revenue during an economic downturn?
There are only two consumers: Bill and Ted, and two goods: apples and bananas. Bill and Ted like apples and oranges. Bill is always willing to subsitute 1 apple for 3 bananas. Construct an appopriately sized Edgeworth box for them. s the initial allo..
What was the rate of return to an investor in the fund? (Round your answer to 2 decimal places.)
What do you think the main expenses will be for your business? Make sure to discuss labor, rent, equipment, and any other major expense you can think of.
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