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Many states have banned smoking in public places, such as restaurants, shopping stores, and government offices. Many businesses also do not allow workers to smoke in the office, often designating smoke free areas. Based on the discussion case in Chapter 16, examine two (2) pros and two (2) cons of the Pennsylvania Geisinger Health System's decision to refuse to hire smokers. Give your opinion on whether or not the decision is sound, and provide a rationale to support your response.
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Explain how does the economist’s use the term “rent” differ from everyday usage? Explain: “Through rent need not be paid by society to make land available, rental payments are very useful in guiding land into the most productive uses.”
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