Discuss benefit and cost of unemployment benefits to economy

Assignment Help Managerial Economics
Reference no: EM131077674

Managerial Economics

1. Discuss benefits and costs of unemployment benefits to individuals and to the economy.

2. Comment on the following statement: "A company should produce and sell any product as long as there is a market for it."

Additional information:

• "It [the wood] is man's fuel for burning; some of it he takes and warms himself, he kindles a fire and bakes bread. But he also fashions a god and worships it; he makes an idol and bows down to it" (Isaiah 44:15-17, NIV).

• "The facts about smoking...

o Cigarettes cause cancer. Smoking is the number one cause of deaths due to lung cancer, emphysema, and other serious diseases.

o For every person who dies of smoking-related illness, 20 more suffer from a chronic disease due to smoking.

o Smoking doesn't just hurt you. Second-hand smoke from your cigarettes is a serious danger to your children, family, and friends" (www.ffsonline.org).

• "Alcohol Facts: Alcohol is created when grains, fruits, or vegetables are fermented, a process that uses yeast or bacteria to change the sugars in the food into alcohol. Alcohol has different forms and can be used as a cleaner or antiseptic; however the kind of alcohol that people drink is ethanol, which is a sedative. When alcohol is consumed, it's absorbed into a person's bloodstream. From there, it affects the central nervous system (the brain and spinal cord), which controls virtually all body functions. Alcohol actually blocks some of the messages trying to get to the brain. This alters a person's perceptions, emotions, movement, vision, and hearing" (www.abovetheinfluence.com).

I know this is very last minute, but I need this done in one hour. If you cannot do it, don't say you can. No plagiarism and 300 words at least one reference.

Reference no: EM131077674

Questions Cloud

Explain what is meant by the term factorial design : Explain what is meant by the term ‘mixed-model design' and discuss how using such a design can sometimes allow researchers to enjoy the benefits of within subjects designs while avoiding some of their most serious drawbacks.
What is the probability that a vote for the incumbent : what is the probability that a vote for the incumbent was cast by a registered Republican?
Protection for trans gender people in jobs : A CNN Poll in May 2016 contacted a random sample of 1001 adults and asked the question "overall do you favor or oppose laws that guarantee equal protection for transgender people in jobs, housing, and public?" in the sample, 750 of the people said..
Find the shape of the curve that maximizes the area : Consider a curve described by y(x) from (x, y) = (-1, 0) to (x, y) = (1, 0). Find the shape of the curve that maximizes the area underneath it, given by - -1∫1 y dx,
Discuss benefit and cost of unemployment benefits to economy : Discuss benefits and costs of unemployment benefits to individuals and to the economy. Comment on the following statement: "A company should produce and sell any product as long as there is a market for it."
What is the probability that this child is 14 yrs old : what is the probability that this child is 14 yrs old?
Formula for the probability curve : a. Write the formula for the probability curve of x. b. Graph the probability curve of x.
What are some examples of organizational culture : What are some examples of organizational culture? Where does organizational culture come from? How do we learn it? How do we know when we have violated it?
What is the probability that he or she was placed by darla : what is the probability that he or she was placed by Darla?

Reviews

Write a Review

Managerial Economics Questions & Answers

  Find the revenue maximizing output and price

Find the revenue maximizing output and price. Calculate the total revenue. Is this outcome on the elastic, inelastic, or unitary elastic part of the demand curve?

  Calculate the firm total costs

The company currently uses seventy workers to produce 300 units of output per day. The daily wage is $100, and the price of the company's output is $30.

  Current widget being offered by our company

We have three project proposals to consider in next week's Project Management Office's (PMO) Review. Piper Industries Corp. needs the projects to be complete and to be generating revenue within 12 months of next week's PMO Review.

  Do you agree that firm is necessarily wasting company profit

Do you agree that the firm is necessarily wasting company profits? Explain using concepts from class. In answering this question assume that employees would be more productive if they stayed at the client's office.

  What does it mean "it''s like a balloon"

What does it mean "it's like a balloon"? What is like a balloon? Why is it like a balloon? 3.) Explain why government regulations to restrict some activity occurring in a free market typically end up making matters worse. 4.) Who supported the Dodd-F..

  Handle the increased number of con-ventions

In early 2008, you purchased and remodeled a 120-room hotel to handle the increased number of con-ventions coming to town. By mid-2008, it became apparent that the recession would kill the demand for conventions.

  What is the marginal revenue

What is the marginal revenue from an extrac dollar of advertising - the relationship between the amount spent by the firm on avertising and its sales.

  Calculate labor productivity

An Appliance Service firm made home calls and repaired ten lawn movers, two refrigerators, and three washers in an 8-hour day with his standard crew of 3 workers.

  List and describe three specific internal control activities

List and describe three specific internal control activities you have observed at work (current or past work experience). As part of your description, be sure to state the risk or risks they are designed to mitigate.

  Discuss the benefits and costs of telecommuting

Discuss the benefits and costs of telecommuting. What types of occupations are likely to be best suited for telecommuting? Explain why.

  What forecast would you make for the merged firms profits

Before the merger, each of the separate newspapers was losing about $10 million per year. What forecast would you make for the merged firm's profits? Explain.

  Colleges and universities professor salaries

At several universities and colleges, business professors receive higher salaries than professors in others fields. Why might this be the case?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd