4. Analyse the concept of morality and its relation to human conduct. 5. Discuss TWO (2) ethical dilemmas which can be linked to the business and utilize the THREE (3) step process for resolving such ethical dilemmas.
Q: Austrian economists believe that the Dodd-Frank Law encourages rent seeking because businesses can…
A: The Dodd-Frank Act imposed financial sector regulations and established initiatives to prevent…
Q: Which of the following sequence of events follows an expansionary monetary policy? A) rt =It = ADI…
A: A). An expansionary monetary policy means increasing the money supply in the economy faster than…
Q: 1. Identify the four basic inputs to an economic system, and give examples for each of them.
A: Economic System is a structural organization which allocates resources, and plays the basic…
Q: An equipment costs P10,000 with a salvage value of P500 at the end of 10 years. Calculate the annual…
A: Annual depreciation is defined as the standard yearly rate at which depreciation is charged to a…
Q: Robinson Co. is interested in purchasing a new delivery vehicle so it can become a subcontractor…
A: To find the present worth of the cash flow for the delivery vehicle we need to set up cash flow for…
Q: Firm 1 faces a demand function of q1 = 100– 2p1+p2, where q is Firm l's output, Pi is Firm %3D l's…
A: Under these presumptions, it very well may be shown that the Bertrand (Nash) equilibrium is that…
Q: Which of the following is NOT a principal-agent problem with foreign aid? recipients usually have…
A: The principal-agent dilemma basically refers to a type of conflict in priorities between a person…
Q: Currency Exchange Worksheet (#5) 1. Let $1 =.78 € How much would a 20,000 € automobile cost in US$…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: QUESTION 61 represents the additional or extra satisfaction that a consumer obtains from the…
A: Utility is the economic term for the satisfaction derived from consuming the good.
Q: Consider the ASIAD model. The AS curve is: Ý, = a - bm(n, –- 7) and the AD curve is: T, = n,-1 + DỸ,…
A: The method of establishing and declaring an explicit currency inflation target percentage and…
Q: 1- The value of the price elasticity of demand is equal when the price is 2 = P for the following…
A: Given; Demand function; Qd=9.3-0.5P Price; P=2 Quantity:- Q=9.3-0.5PQ=9.3-0.5(2)Q=9.3-1Q=8.3
Q: Determine the present equivalent value (PW at 0) of the following cash flow when the annual interest…
A: Present Worth is the value of a series of cash flows or the value of a lump-sum amount from the…
Q: An electric cooperative is considering the use of a concrete pole in the expansion of its power…
A: Given:- Cost of concrete pole=18,000It will last=20 years Cost of creosoted wooden pole=12,000It…
Q: Which of the following is an example of a natural monopoly? OA. Ford Motors, the large…
A:
Q: Outline the key elements of the challenge of climate change policy from an economic perspective,…
A: Climate change is the worldwide issue which influencing every one of the nations whether they are…
Q: Glenda has the utility function u(x) = In x + 2y. Derive her optimal demands for x and y as a…
A: As given Utility function is U = lnx +2y Budget constraint is P1X + P2Y = I
Q: Factory orders for an air conditioner are about 4000 units per week when the price is $350 and about…
A:
Q: What’s the monetary policy? Why the Fed implements the monetary policy?
A: What’s the monetary policy? Answer: Monetary policy is a tool to improve the economic situation…
Q: Zia Homes is contracted to frame 32 wooden houses of the same design in a new subdivision of 300…
A: Answer) Given : 1) Zia homes has contract of making 32 wooden houses out of 300 homes. 2)…
Q: Add comments, discussion or calculations to your PART TWO document as directed. The market demand…
A:
Q: 1. When insureds are fully covered by their insurance policies, moral hazard means: d. The insurer…
A: Since you have asked multiple questions, we will solve the first question for you. if you want any…
Q: 5) Suppose the required reserve ratio is 0.12, the currency ratio is 0.6, and the excess reserve…
A: Ans:- Q5. The required reserve ratio is 0.12, the currency ratio is 0.6, and the excess reserve…
Q: Suppose a firm wants to produce 50 units of output at minimum cost and it has three factories with…
A: Perfect Competition refers to the type of market where there is a large number of firms that produce…
Q: Airplane Tickets 400 350 300 250 200 150 100 D 50 25 50 75 100 125 A. Compute CS and PS surplus in a…
A: Total surplus is identified when we add consumer surplus and producer surplus in the market.
Q: Need both of these. True or false questions. I am not 100% certain on my answers. The basic…
A: The quantity theory of money was proposed by Irving Fisher, a classical economist, in 1911, and…
Q: In a market economy, the compensation of labour is determined by the interaction of demand and…
A: A labor market is the place for the people and firms to interact with each other for the exchange of…
Q: Question 3 Consider a hypothetical conflict between countries R and U, involving a third country A.…
A: Given information 3 players R, U and A R has 2 strategy : War and negotiation U has 2 strategy : War…
Q: The cross-price elasticity of demand between movie tickets and movie theater popcorn is estimated to…
A: Cross price elasticity measures how quantity demanded of one good changes when price of other good…
Q: Consider the following normal-form (matrix-form) game: Player 2 L M R 5,2 3,5 8,4 6,2 2,3 9,8 1,4…
A: We have 3×3 game, were both players have 3 actions
Q: Given the following information, what quantity is profit-maximizing for a monopolist? Explain your…
A: The quantity of profit-maximization is at that point where marginal revenue is equal to marginal…
Q: Bower likes to plant trees in his front year. His neighbors also derive pleasure form the trees in…
A:
Q: ) Find and classify the stationary points of the following function: f(x)% 1, (Specify the 1st and…
A: Answer I attached below
Q: Suppose the Fed wants to set the real interest rate 1 percentage point lower than the inflation…
A: Inflation and real interest rate schedule as per fed targeting - Inflation Real Interest rates…
Q: 2. What are the limits on political society and government according to Locke, and what is the basis…
A: John Locke (1632–1704), a political philosopher, is recognised as one of the most influential…
Q: Technology A is publicly available and will result in annual costs of CA(q) 10 + 8q. Technology B is…
A:
Q: Specific Instructions: Solve each problem NEATLY and SYSTEMATICALLY. Show your COMPLETE solutions,…
A: The rate of interest is the amount that a lender charges a borrower for the use of assets on top of…
Q: с. $20,000 for 5 years @2.25% annual interest, compounded monthly.
A:
Q: For the first eight questions on this assignment, consider an economy that has only two banks, Bank…
A: Currency Ratio is defined as the proportion of cash held with respect to the demand deposits. It is…
Q: If the price of a good falls and expenditure on the good rises, the demand for the good is A.…
A: Elasticity measures the responsiveness of quantity demanded to changes in price level.
Q: 1. Identify the four basic inputs to an economic system, and give examples for each of them.
A: The answer is as follows:-
Q: Q.1. Are the following statements true, false or uncertain? Briefly explain your answers. a) "The…
A: Mercantilism is an economic policy that aims to increase an economy's exports while reducing its…
Q: The Fed (US central bank) has reduced the required reserve ratio (RR) to zero percent effective on…
A: The money supply is the supply of currency in an economy. It means the money supply rises with the…
Q: INSUR A life insurance company wishes to examine the relationship between the amount of life…
A: We have X and Y data to estimate the regression.
Q: When a pandemic strikes the Australian economy, many businesses are temporarily closed, aggregate…
A:
Q: If the nominal exchange rate of the Swiss Franc to Dollar is 0.95 from the Swiss point of view and…
A: The cost of converting one currency for another is known as the nominal exchange rate. It's the…
Q: answer question d Q5. Jason is running a cleaning business, there are available labours (L) and…
A: We are going to use optimal allocation condition to answer this question.
Q: Why are there two measures of GDP, how is the income measure different from the expenditure measure,…
A: The 2008 System of National Accounts is used to compile data in all OECD member countries (SNA). The…
Q: Discuss very briefly the disruptions faced in Africa which was caused by the Covid-19…
A: here we discuss the disruptions faced in Africa which was caused by the Covid-19 pandemic as…
Q: Consider the two-period household-maximization model discussed in class. The model is modified in…
A: Utility function : log c1 + log c2 Budget Constraint of period 1 : c1 + a1 = y1 - t1 + (1+r)a0…
Q: What amount would have to be invested at a simple interest rate of 2.85% to grow to $2529.28 in 150…
A: FV = P(1+rt) where FV is furture worth P is present worth r is interest rate t is time period…
Step by step
Solved in 3 steps
- 3. Ethics refers to A) the practice of obeying applicable business laws and regulations B) the ability to recognize a morally problematic situation C) the ability to know right from wrong and to know when you're practicing one instead of the other D)a series of situations in which an individual must choose between personal interest and the interest of others.1.Define ethical issue? 2.list the categories of unethical business activities as described in the chapter? 3.what is the role of top management in organizational ethics? 4.what is a code of ethics? 5.what are the four components of social responsibility? 6. Give an example of legal but irresponsible behavior. 7. How do business carry out their social responsibilities to consumers? 8.what is corporate philanthropy? 9.Describe strategic giving? 10.what are the 4 important aspects of a social contract between employees and employers?1. When starting a business, many people do not see the value of a business plan. They have an idea and then they basically open the doors. What do you see as the purpose and value of a business plan? Although each aspect of a business plan is important, if you had to determine which one is the most important, which one would you choose and why? Finally, how important is ethics that it be incorporated into a business plan?
- Discuss the effect of religion to practice ethics in business ?What is principle of utility in ethics? and according to artistotle, why should you be a virtuous person?2. A real estate developer must decide on a plan for developing a certain piece of property. After careful consideration, the developer has two acceptable alternatives: residential proposal or commercial proposal. The main factor or state of nature that will influence the profitability of the development is whether or not a shopping center is built close by and the size of the shopping center. There is a 20% chance of no center being built, a 50% chance of a medium shopping center built, and a 30% chance of a large shopping center. If the developer selects the residential proposal and no center is built, he has a further set of options: do nothing $400,000 payoff; build a small shopping center himself $700,000 payoff; or put in a park resulting in $800,000 payoff. Should a medium shopping center be built nearby, his payoff for residential would be $1,600,000 and large shopping center results in a $1,200,000 payoff. If the developer selects the commercial proposal and no center is…
- 1. A cost benefit analysis is a good example of a______approach to making decisions10 What is informed consent in research? Select one: a. Involves deceiving research participants about the study their about to participate in so that the researcher can get better data. b. A process where a researcher must fully inform their research participants about their study (and all the risks and benefits) before they ask for permission to conduct a healthcare intervention. c. An information session about consent before being intimate. d. Information finding on a research topicQuestions 1. Even though Professor Ramirez deviated from the college’s policy regarding plagiarism, do you feel that she acted ethically? 2. If you were a student in this class and learned Professor Ramirez made an exception for this student, would you think she acted ethically? Explain. 3. In Table 12.1, the Six Pillars of Character are detailed. Which of these six pillars did Professor Ramirez display in consideration for her student, and how? 4. Professor Ramirez’s actions ultimately brought into question whether or not the ends justify the means. Do you feel that her leniency in this case made her a stronger or more ethical leader? Explain.
- What are the usual steps in Benefit – Cost Analysis? a) Try to figure out what result or conclusion you want, and then set the assumptions to make sure the analysis produces that result. b) Identify the potential benefits and figure out a way to valuate them. c) Identify the potential costs and valuate them. d) Dismiss those benefits and costs to which you cannot assign a numerical value e) Estimate the probability of each of the benefits and costs actually materializing or occurring. f) Mulltiply the value of costs and benefits by their respective probabilities to arrive at the "mathematical expectation" or "mathematically expected" value. g) For costs and benefits expected in the future, especially distant future, discount their value to the present time, using a "reasonable" discounting rate.1) A key difficulty facing insurance companies is that people know more about their health than do insurance companies, and that those people who are seriously ill are the most likely to want to obtain health insurance. What is this phenomenon called? A) moral hazard B) economic irrationality C) asymmetric information D) adverse selection 2) An insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the company that he is more likely to make a claim on a policy. What is the term used to describe the situation above? A) moral hazard B) adverse selection C) asymmetric information D) economic irrationality 3) The term that is used to refer to a situation in which one party to an economic transaction has less information than the other party is A) inefficient market hypothesis. B) moral hazard. C) information disparity. D) asymmetric information. 4) Which of the following parties is…A. How much is the net profit using the first method? B. Which Method is better?