ls the free market (capitalism) approach a better way to sustainability or do we need more regulation and government interference in this area?
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ls the free market (capitalism) approach a better way to sustainability or do we need
more regulation and government interference in this area?
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- In what ways (it) company investments in research and development create positive externalities?What are the three ways that societies can organize themselves economically?Answer the following question:1. Are you more of a listerner or a talker? Which social skill/s do you think you need todevelop? In what ways can you develop it/them?2. If you were a parent at this time, what would you teach your children on social literacy.How would you teach them?
- 16. Which of the following types of political culture stresses the importance of the individual and private initiative? a. Individualistic b. Traditionalistic c. Moralistic d. Socialistic e. CivicImagine a scenic canyon, visited by many local people as well as tourists from beyondthe local area. Consider a scenario in which a mining company has proposed to the localauthority that it be closed to the public and put into the production of coal. Thinking interms of economics as a way of adjudicating the relative value of one use of the canyon overthe other, what would you need to know in order to make a comparison or assessment?What kinds of quantitative data would inform your decision, and where might they comefrom? What kinds of things might you need to know that are hard to measure? Once youhave listed the kinds of information and data that might be available to inform this decision, do you think it would be sufficient to making this decision, why or why not?Someone might oppose the Clean Power Plan when its benefits exceed its costs because O A. climate change is not a scientific fact O B. for a given individual, the cost might exceed the benefit O C. the costs of the Clean Power Plan are excessive and will drive up electricity prices by too much O D. to agree with the Clean Power Plan is not making a decision at the margin
- 53. The Indiana University basketball team trails by twopoints with eight seconds to go and has the ball. Shouldit attempt a two-point shot or a three-point shot?Assume that the Indiana shot will end the game and thatno foul will occur on the shot. Assume that a three-pointshot has a 30% chance of success, and atwo-point shot has a 55% chance of success. Finally,assume that Indiana has a 55% chance of winning inovertime.3. Within the context of cellphone, justify that innovation diffuses in the society as a series of wavelets. Why does competitive market force demand successive better versions of innovations? How should you assess, monitor and track technology possibilities to respond to such a necessity?Match each term with the correct definition.private propertyfreedom of enterprisemutually agreeablefreedom of choiceself-interestcompetitionmarketa. An institution that brings buyers and sellers together.b. The right of private persons and firms to obtain, control, employ, dispose of, and bequeath land, capital, and other property.c. The presence in a market of independent buyers and sellers who compete with one another and who are free to enter and exit the market as they each see fit.d. The freedom of firms to obtain economic resources, decide what products to produce with those resources, and sell those products in markets of their choice.e. What each individual or firm believes is best for itself and seeks to obtain.f. Economic transactions willingly undertaken by both the buyer and the seller because each feels that the transaction will make him or her better off.g. The freedom of resource owners to dispose of their resources as they think best; of workers to enter any line of…
- 1. Caribbean economies tend to rely heavily on the Tourism sector, offering Sun, Sea andSand as the “tourism product” for which tourists purchase hotel accommodationsto enjoy. Hoteliers offer these services and are therefore major “suppliers” in thismarket.In 2017 however, several natural disasters affected the Caribbean, resulting ineconomic, environmental and human losses. In order to analyze the impact ofthese Natural Disasters on the hotel industry, answer the following questions. a. With the use of an appropriate demand and supply diagram for hotel rooms(accommodation), illustrate and explain how the news of an impending Tropical Stormto the Caribbean region would affect the market price (hotel rates) and quantity tradedof hotel rooms.b. Following the destruction of hotel infrastructure from the passage of the Hurricanes, usean appropriate demand and supply diagram for hotel rooms (accommodations) toillustrate and explain the impact of the Hurricanes on the market price and…Corporations exist as legal entities with certain advantages (such as limited liability)because society allows them to do so, and these corporate rights and advantages can beremoved from firms that are perceived to be irresponsible. Companies that think abouttheir social responsibility in this light are engaging in CSR for what type of reasons? O. StrategicO. RegulatoryO. EthicalO. PragmaticHi can you help me with this questions? 1. In your view, should an organization engage in a dialogue with all of its stakeholders all of the time, or rather only with some of them or simply only on particular occasions such as specific issues or crises?2. What are the main advantages for organizations when they adopt a stakeholder approach to their strategy and communication?