Corporate Executive Memo   Write a 1,050- to 1,400-word executive memo regarding sustainability methods within your firm or one with which you are familiar. Assume that the CEO has asked you to evaluate the firm based on the following criteria and make recommendations for improvement to an executive committee regarding potential changes the organization may […]

Sustainability Strategy: Integration of the Three Pillars Paper   Write a 1,050- to 1,400-word paper on sustainable management strategy and the manner in which the Three Pillars will be involved in the planning and implementation phases of the program.   Include how you will evaluate the overlapping area of the three pillars and what, if […]

Question 1Which of the following is the study of “what is” rather than “what ought to be”?     normative theory     institutionalism     subjectivism     positive theory   Question 2Along with the other social sciences, economics is specifically and primarily concerned with __________.     the behavior of human beings both […]

Describe the relationship between total utility and marginal utility.   Explain if marginal utility can be negative.   Examine the diamond-water paradox. Why are diamonds more expensive than water?   Evaluate the law of diminishing marginal utility.   Identify some items, explaining your reasoning, that do not follow the law of diminishing marginal utility.   […]

Describe how a country can measure its income inequality.   Evaluate the effect of income inequality on the U.S. economy, such as unemployment, economic growth, and other economic factors.   Estimate the gap between those who hold bachelor’s and higher (master or doctoral) degrees and those who do not.   Explain reasons why the inequality […]

Distinguish among four market structures: perfect competition, monopolistic competition, oligopoly, and monopoly in this order.   Identify your company’s market structure (i.e., perfect competition, monopolistic competition, oligopoly, and monopoly), explaining your reasoning.   Examine whether competitive pressures are present in your company’s industry with high barriers to entry.   Evaluate how high barriers to entry […]

The Law of Diminishing Marginal Utility   [WLO: 3] [CLOs: 1, 2, 3]   Prior to beginning work on this discussion, read Farah Mohammed’s article, Why Are Diamonds More Expensive Than Water? (Links to an external site.), as well as Chapter 5 in your textbook, especially Sections 5.1 and 5.3, and respond to the following: […]

Scarcity is the starting point for studying economics. Resources are limited while human wants are unlimited. Prior to beginning work on this discussion, read Chelsea Follett’s article, Are Humans Prepared to Overcome Resource Scarcity in the Future? (Links to an external site.), as well as Chapter 1 Section 1.2 in your textbook, and respond to […]

Why is the demand for labor called a derived demand?   In the labor market, what are the firm’s demand curve for labor and the workers’ supply curve of labor?   How is a firm’s wage normally determined in the labor market?   How could Amazon decide to raise its minimum wage to $15 per […]

Describe the microeconomic principles being used. What is the impact for demand?   Evaluate the different market structures that big data benefits the least and the most from.   While data collection may benefit the business community, discuss the concerns for consumers as big data proliferates.   Your initial post should be a minimum of […]