TUI UNIVERSITY Julia Maldonado Module 2 Case Assignment ECO 201: Microeconomics Dr. Benjamin Yeo 10 March 2013 Any publicity can have an impact on the popularity of a product; therefore, its demand would change, and affect the price. Positive findings could increase the demand for coffee. If this happens, farmers could increase the amount that they sell their beans for, making the price rise. If it were widely believed that coffee reduced weight gain, its demand and price would tremendously increase. However, just the same, negative reviews can reduce the demand.
This also caused serious environmental problems. Air pollution from burning coal got steadily worse, and water was contaminated with sewage and industrial runoff. Diseases such as cholera became
(21 marks) The massive increase in productivity and the technology of modern society’s resources, in more developed countries, have created new risks. Many of these risks involve harm to the environment and its consequences for humanity, such as global warming caused by greenhouse gas emissions from industry. Green crime is seen as a global crime because it is harm done to other species or aspects of the environment such as the air, water supplies, the ocean and the rainforest are increasingly seen as impacting negatively on the quality and future of human life wherever it is in the world. Also, It is carried out by powerful interests particularly TNCs with the corporation of nation states and local wealthy elites which another reason why it is a form of global crime. A more radical approach to green criminology starts from the idea of harm rather than criminal law.
While this may sound bad it was actually great. It meant that insurance rates would increase. Once you affect the amount of money big business will earn they start to pay attention. The world is filled with intelligent people. The word is out that the environment matters and needs to be cared for, and at the bottom level people are worried about it.
Foundations of management assignment 1 I work at Hungry Jack’s, in an industry that relies on understanding its environments to make profits and increase its efficiency and effectiveness. New societal values have steered it towards a new path on which it must consider its environmental impacts, both on nature and on the community. The introduction of new technologies has changed its productivity drastically, and its employees and managers have had to adapt to this revolution. And with Australia becoming far more culturally diverse in recent times, managers must adapt to varying work ethics brought in by people from across the country and the world. Hungry Jack’s is no longer simply a money-making machine.
Increasing the police force decreases crimes as well as the cost of goods. The question of the day is the use of police force, do we expand it, reduce it, or keep it in the same form. Well I honestly think we need to expand our police force, due to the population rising, the economic downturn of the economy and the Over populated jails. Also in expanding our force, I believe it would be very beneficial to ensure personnel are top salaried. Expanding our police force would put a lot of people at ease, as well as jobs back in our communities.
If resources are allocated properly an effectively run government crime prevention program is invaluable. The cost-benefit analysis suggests that an economic activity should be expanded as long as the results provide more benefits than the overall costs. In both the U.K. and the U.S. the taxpayers are required to foot the bill for an ever-expanding crime prevention program. However, it is safe to assume that most individuals would rather invest in their own personal safety as well as the safety of their communities. A safer society would also see long-term economic benefits such as overall increase in GDP.
The EPA website states the following: “There have been well-documented air quality impacts in areas with active natural gas development, with increases in emissions of methane, volatile organic compounds (VOCs) and hazardous air pollutants (HAPs). EPA, the Department of the Interior, other federal agencies and states are working to better characterize and reduce these air emissions and their associated impacts. Through the Natural Gas STAR program, EPA and partner companies have identified technologies and practices that can cost-effectively reduce methane emissions from the oil and natural gas sector in the U.S. and abroad. Through the Clean Construction USA program, EPA is promoting newer, more efficient technology and cleaner fuels to innovate the ways in which hydraulic fracturing equipment and vehicles reduce emissions. EPA also administers Clean Air Act regulations for oil and natural gas production, including regulations on reporting greenhouse gas emissions.” (United States Environmental Protection Agency,
Even if immigration drops down wages for some workers it generally creates extra income for the United States. More workers allow the United States natural resources, capital and land to be exploited much more effectively and efficiently. It is increasing the supply of labor. Immigration raises the productivity of resources that are complementary to labor. Tax revenue and public expenditure also effects the incomes brought to the United States but it all depends on the levels of the different type of illegal immigrant you are according to the article Preface to "Does Illegal Immigration Harm US Citizens?"
Second, a high-wage economy can induce a regime of rapid technical change, and firms faced with high wages are forced to employ more advanced equipment and eliminate inefficiency or leave the industry, which results in a more productive society because companies are forced to embrace new technologies and processes. In the end, these new processes are disseminated throughout the economy. Third, the minimum wage is one among a number of factors that has the capacity to equalize bargaining power in labor markets, and enables people to 'earn a living,' which is an elementary component of human dignity and social justice.” Since the initial passage of the Fair Labor Standards Act of 1938, economists have generally been opposed to the minimum wage, and today, this consensus is the same as most introductory textbooks will indicate (Prasch). Prasch notes that over the last half century, “it has become an article of faith that any floor or ceiling placed upon a supposedly autonomous and self-ordering 'free market' will lead to a substantial misallocation of resources' (Prasch). Regarding the minimum wage, market intervention is thought to