How much should we be willing to give up in order to do some good? Why this amount, and not more or less?
We should be willing to give up all we have except our bare necessities; in order to do some good as doing any good requires making sacrifices in life. We should give all that is in the surplus from our bare necessities as while giving we have to ensure that our basic necessities are also taken care off so that our good deeds are viable.
How much should we be willing to give up in order to do some good? Why...
What do you think is one cultural practice that our descendants will look back on us and criticize us for? Why? How much should we be willing to give up in order to do some good? Why this amount, and not more or less? Do you think that there has to be a conflict between doing our moral duty and doing what's in our own self-interest? Answer this question with reference to either the issue of caring for animals or...
Give one reason why we might want to have every generation use up exactly the same amount of a resource. Why might we want earlier generations to use more? Why might we want to save some for future generations?
e. How much should the firm be willing to pay to reduce the weighted average float to 1.5 days? (Do not round intermediate calculations.) A mail-order firm processes 6,100 checks per month. Of these, 60 percent are for $51 and 40 percent are for $83. The $51 checks are delayed two days on average; the $83 checks are delayed three days on average. Assume 30 days in a month. a-1. What is the average daily collection float? (Do not round...
of prices affect how much of a good producers are willing to sell? Actual prices, not expectations of prices, affect supply O If producers expect prices to fall in the future, they supply less at every price. If producers expect prices to rise in the future, they supply less at every price. level. O the quantity supplied exceeds the quantity demanded the supply curve shifts to the left. the supply curve shifts to the right is true? There is excess...
How much should you be willing to pay for a lump sum of $7,000 3 years from now if you can earn 2% every 6 months on other similar investments The amount you should be willing to pay, PV, is S (Round to the nearest cent.)
What do you personally believe that businesses and other participants in economic markets should do in order to make a positive contribution to society? Why? From a societal perspective, how can we distinguish between "good" strategy and "bad" strategy? Can you give some specific examples of each?
(Government) How much free speech should be allowed in the United States? Should we allow the following individuals to give a speech on this campus: a Caucasian racist, a neo-Nazi, and an African American racist? Why or why not? (80-100 words)
2. Education: In this question we will explore some of the factors that influence how much education a person may get. Suppose that a person's income2 is determined by his or her years of education (S) and level of ability (a) ; as follows: Furthermore, the cost of schooling, c, varies with ability (which is always strictly positive, a > 0): where b and ф > 0, (The parameter ф captures how quickly schooling costs increase with the level of...
Why do we frequently say the supervisor should not give advice to employees concerning personal problems?
A plant manager wants to know how much he should be willing to pay for perfect market research. Currently there are two states of nature facing his decision to expand or do nothing. Under favorable market conditions the manager would make $100,000 for the large plant and $5,000 for the small plant. Under unfavorable market conditions the large plant would lose $50,000 and the small plant would make $0. If the two states of nature are equally likely, how much...