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ALL ANSWERS SHOULD BE IN PARAGRAPHS
1. Discuss the concept of Corporate Social Responsibility. In your answer, explain an example of a CSR strategy adopted by a business.
2. Evaluate the effectiveness of CSR initiatives by discussing the benefits and drawbacks (costs) of implementing CSR strategies for businesses.
3. Discuss how CSR and CSR strategies have changed over the years by using ONE relevant example of a CSR initiative by a business to support your answer.
What are the two distinguishing properties of a public good? Explain each in one or two sentences. Give an example of a public good.
Lisa has a lawn-mowing business. Lisa hires students at $40 a day to mow lawns. Lisa leases 5 lawn mowers for $200 a day. Construct (graph) the corresponding marginal cost schedule. How many lawns should be cut during each day by Lisa’ business to mi..
The Fraser is a large river running through the Fraser Valley and past the city of Vancouver. The original port Mann bridge, built in 1963, was replaced by a new toll bridge in 2013. Another crossing at the old Pattullo bridge is not tolled, and is a..
Consider why frictional unemployment is inevitable. How might the government reduce the amount of frictional unemployment?
Think about a product that you have purchased recently (e.g. soda, diapers, takeout meals, milk, shoes, manicure/pedicure, video game, etc.). Explain how the law of demand affected your purchase. Give specific examples of how the determinants of dema..
1. Investment in Research and Development is an important factor for long-term growth. After defining the notion, explain why.
Illustrate what do you think would occur when there is little or no competition is a marketplace
Describe the four basic types of market structures Although there are many different examples of economies in the world, all of them demonstrate one or more of the four basic types of market structure. For this assignment, in your own words, Identify..
A rural subdivision has several miles of roads that need a new surface treatment. One option is a gravel base and pavement with an initial cost of $500,000 that will last for 15 years and has an annual maintenance cost of $100/mile. Compute the numbe..
Suppose a consumer's preferences can be represented by the utility function: U(X,Y)=X^3/5Y^1/4. Derive the function for the marginal rate of substitution holding utility constant. Derive the demand curves for the two goods, X and Y.
Jennifer is a single mother oered a job at $15/hour. She has $100 of non-labor income per week (obtained via child support). Jennifer's mother watches the baby for free while she works. What is Jennifer's total weekly income if she works 20 hours/wee..
If you invest $300 in a stock, borrowing $240 of the $300 at 10 percent interest, and the stock price rises by 15 percent, what is the return on your investment?
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