Reference no: EM133131119

Property taxes are the primary funding source for public education. Should I have to pay the same rate of property tax as my neighbor who has three kids in school if I have no kids in school?

Some argue that it is the job of consumers to correct market failures. Do you agree or disagree with this statement? If you disagree with this statement what types of market failures is it appropriate for the government to correct? Explain your reasoning in a minimum of 6-8 sentences.

Dreaming big...What company do you wish you had created?

The appeal of owning your own business is very attractive in the United States. Would you ever want to own your own business? Describe the pros and cons of being a business owner and consider what type of business you would like to own. Describe your response in a minimum of 6-8 sentences.

Is a home internet connection as vital as water, electricity, and sewer?

Should we have a national cell-phone service that is regulated by the government or is this an industry that we should continue to privatize? Explain your answer in a minimum of 6-8 sentences.

Why are restaurants the riskiest business to open in the United States?

You are an entrepreneur in the United States, and you have two business ideas. Your first business idea is to start your own cell-phone company and your second business idea is to open a restaurant. Which is more feasible? Explain your response in a minimum of 6-8 sentences.

a) Explain how the market structures of monopolistic competition and oligopolies affect these business ideas.

b) Explain how barriers to entry will impact both business ideas.

c) Consider how easily producers can enter and exit the market for both business ideas.

What is more important, liking your job or how much money you make?

Labor Unions are a right for workers in the United States that offer us greater control over our workplace environment. As you can see from the chart above they have as many pros as they do cons. Describe whether you believe unions are a good or a bad thing. And finally assess whether you would consider joining a union. Explain your response in a minimum of 6-8 sentences