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Joseph is a security administrator for a company with 500 employees, this is an ongoing job (not a short contract) and he wishes to stay at this company for a long time. His manager gives him the task of providing weekly reports showing which web pages have been accessed by individual employees and flagging any websites that are questionable (such as pornography). Joseph is aware that employees have not been asked to sign any agreement about which web page they visit while at work using work computers. He is also aware that employees may be penalised. PE_Assignment1_Set B - Jan 2017 Discuss briefly the ethical dilemma that this presents to Joseph outlining the potential outcomes if he provides the report. Show your utilisation of either Thomas White or Chris MacDonald's methodology to demonstrate how Joseph might analyse and resolve the dilemma. Provide a recommendation of what actions Joseph should take and how he should communicate his choices. Include in your answer those clauses from the ACS code of Ethics and ACS code of Professional Conduct that are relevant and briefly explain why. Refer also to any relevant legislation again with an explanation of how it relates.
For what values of the discount factor would reversion to Bertrand for only two periods sustain a collusive agreement to share equally the monopoly output?
List and explain four instances when the invisible hand may fail to efficiently allocate resources.
how should he change his bundle to reach his optimum? Explain your answer using the marginal utility condition at the optimal choice.
Esther price of maple syrup increased by $6 per pint - $7 per pint production increase from 250 to 300 pints what is the elasticity of supply over this range is Supply elastic or inelastic over this range
In case of a Giffen good, income effect dominates substitution effect. All the points along the demand curve share the same elasticity. The marginal cost curve passes through the minimum point of the average fixed cost curve.
Outline the First and Second Welfare Theorems and their implications for the role of government. How can we use them to analyse the trade-off (if one exists) between efficiency and equity?
Suppose that the market demand for wholesale coffee beans is given by P = 1200 - 2Q. Suppose that there are 10 identical firms, each with MC = lOq, determine the market supply. Using the market supply solved for in (a), determine the equilibrium pric..
Assume an open, mixed economy (C + I + G + X = real GDP) and an MPS of .2. Explain if it would be expansionary, contractionary, or useless to the economy to increase government expenditures by $50 billion and also increase taxes by $50 billion.
Which of the following would be the most helpful in raising Australia’s standard of living in the long run?
A firm purchased some equipment at a very favourable price of $30,000. The equipment reduced costs by $1000 per year during 8 years of use. After 8 years, the equipment was sold for $40,000. Assuming interest at 9%, did the equipment purchase prove t..
The federal government is trying to decide what to do with the surplus they expect to have this year. They increase spending on schools. Determine whether the rate rise or fall? Does the loanable funds rise or fall?
Antitrust authorities at the Federal Trade Commission are reviewing your company’s recent merger with a rival firm. The FTC is concerned that the merger of two rival firms in the same market will increase market power. A hearing is scheduled for your..
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