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Discuss the following situation (a) from the strictly legal viewpoint, (b) from a moral and ethical viewpoint, and (c) from the point of view of what is best in the long run for the company. Be sure to consider both short- and long-range consequences. Also look at each situation from the perspective of all groups concerned: customers, stockholders, employees, government, and community. Provide your initial post and respond to two peers within that same group. You are free to read the other group postings, but not required to respond.Situation: You are the general manager of a regional chemical company. In the course of producing your bulk chemicals, large amounts of particles and smoke are emitted through your plant's smokestack. The level of pollutants is below current EPA regulations, and you are violating no laws, but neighborhood groups are complaining about minor health problems caused by the smoke. After investigating numerous alternatives, you find the most effective solution would be to install a "scrubber" system, which will remove 90% of the pollutants and ash. Cost: $1 million. Do you install the system?
The advantages or disadvantages of buying imports versus buying domestic products in relation to the fashion industry.
Calculate and describe the Nash equilibrium (quantities, price and profits) in the game in which both firms choose their quantities simultaneously.
Either design will serve equally well and will involve the same material and manufacturing costs excluding the lathe as well as drilling operations.
What were there reason why IMB lost it advange over the computer world.
Illustrate what is the marginal income product of hiring one low-skilled worker to clear woodland for one month.
During World War II, both Germany and England had plans for a paper weapon: they each printed the other's currency, with the intention of dropping large quantities by airplane. Explain why might this have been an effective weapon.
Brenda Johnson has used a preprinted form that she got from the internet to create her will.
Each of the five nations that have been asked to bid for the broadcast rights for the London 2016 Games. Prepare to negotiate prices and other organizational details.
Describe how the economic theories and principles you have studied in this course have deepened your thinking about economic behavior.
Why does this happen that Research the recent history of gasoline pricing in Texas, and attempt to relate any fluctuations you observe to documented supply and demand factors. Be sure to cite any references used.
Illustrate what relationship must hold between x and p so that A second order stochastically dominates B.
Who were the stakeholders primary also secondary most affected by Google's original decision to self-censor in China.
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