You are the General Manager of a regional chemical company. In the course of producing your bulk chemicals, large amount of particles and smoke are emitted through your plant's smokestack. The level of pollutants is well below current EPA regulations, and you are violating no laws, but neighborhood groups are complaining about minor health problems caused by the smoke. After investigating numerous alternatives, you find the most effective solution would be to install a "scubber" system which will remove 90% of the pollutants and ash. The cost of the "scrubber" system is $10 milion and your company's annual profits are $2 million. Who are you company's stakholders to consider in this scenario and would you install it?

Do you think a travel organization company might be able to get less expensive airline tickets then you as an individual could get? (no less then 25 words)

Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak