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Some "instances" of Corporate Social Responsibility (CSR) are in the eye of the beholder. It is interesting that the early literature (say 10-15 years ago) argued that corporations could have virtues and vices; interesting idea given the recent ruling by the U.S. Supreme Court about Hobby Lobby and religious views of corporations. In any event there is the observed behavior of corporations termed "Fixing A Problem They Created" (FAPTC). One example of fixing FAPTC is when a gambling house - which is a growing feature of the Maryland economy - is praised for its efforts at controlling problem gaming - i.e. people betting the food or rent check. The gaming issue is a bit more complex because sometimes companies are required to provide assistance to problem gamers sometimes they are not. In my experience many of you are drawn to this question because of the perceived length of the competing option. Just in different ways. i. Identify and cite an instance of FAPTC that you find. ii. For the instance that you find, cast the problem as a form of externality describing the externality. Now for the opinion part, using either the pyramid of CSR or the domains approach to understanding CSR provide either praise or criticism for the company in your example
Suppose the price of housing stays at 2 and the price of food stays at 10. What will happen to her budget constraint if her income increase to 100? What happens to her budget constraint when her income decreases to $20.
Consider the problem of maximizing the profit function (pi)= pY -wL subject to the production function Y= L to the alpha (as the exponent) where alpha E (epsilon) (0,1).
Explain how this transaction would be recorded in your firm's financial statements. Additionally, your hospital has experienced negative levels of net income for the last five years. The total amount of accumulated deficits is $5 million
Pick a good or service. Distinguish between the short-run and the long-run production and cost function for that good or service. Discuss how price plays a role in short-run and long-run decisions and how managers are likely to respond in each cas..
Suppose there are 100 workers in the economy in which all workers must choose to work a risky or a safe job. Worker 1's reservation price for accepting the risky job is $1; worker 2's reservation price is $2, and so on. Because of technological re..
How does the federal reserve have a high degree of instrument independence? If it has a specific mandate from Congress to achieve "maximum employment and low, stable prices," then how does the Fed have goal independence?
Firm A currently monopolizes its market and earns profits of $10M.Firm B is a potential entrant that is thinking about entering the market.If B does not enter the market,
What is the corresponding stock variable to the flow variable "investment"
How concerned should this company be about price discounts by itsleading competitors and conduct a t-test to check the statistical validity of the estimated equationat 95 percentconfidence.
Health care. This, of course, is a huge economic issue now with the attempted startup of Obama care. In your analysis here do not focus on the software issues. Those are technical problems and, granted, the system failed two weeks before releas..
Am I right in saying an isoquant for an output produced using 2 inputs that can be perfectly substituted for each other can be represented by a straight line
President North West is spending billions of dollars on military equipment in the U.S. He is also attempting to carry out his promise to put a man on Mars by the end of the decade.
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