Please check the attached “Density Experiment”

Report Instructions:

The first page should be the completed data tables page. The second page for the Calculation showing the work. The third page is for the graph.

Week 5 exposes students to subjects that are intended to whet their appetites for further study in economics. Students will use the theory of consumer choice and the impact of the concepts of asymmetric information, political economy, and behavior economics, to describe how consumers make economic decisions.

Assignment Steps

Scenario: You have been asked to assist your organization’s marketing department to better understand how consumers make economic decisions.

Write a 1,050-word analysis including the following:

• The impact the theory of consumer choice has on:
  • Demand curves
  • Higher wages
  • Higher interest rates
• The role asymmetric information has in many economic transactions.
• The Condorcet Paradox and Arrow’s Impossibility Theorem in the political economy.
• People are not rational in behavior economics.

Cite a minimum of three peer-reviewed sources not including your textbook.

Format your paper consistent with APA guidelines.

read the file below!

Thanks

I need you to write a reply to this text. 100-200 words is enough. what did you like in the text what was well said and what do you agree with.

2. Government support of whistle-blowing should be directed towards stronger incentives for internal reporting of misconduct, not external whistle blowing that could be harmful to the individual and organization

It would be more beneficial for a whistle-blower to report misconduct internally rather than externally for many reasons. Whistle-blowers are often criticized for reporting misconduct and many people do not like to work with them. Once you are a whistleblower, you cannot be trusted and it makes it difficult to find new jobs, especially if it were to go public. The text states “whistle-blowers in general do not get good treatment and often have trouble finding employment after they report misconduct”(Ferrell 194). Overall, it is better for the employee to report misconduct within the company and refrain from making it public. The employee may lose their job, but it will not affect him/her outside of that job and will also protect the company. For example, act utilitarian approach for internal reporting would be for the greater good of the company and employees. A journal article states “an act is right if and only if it would in fact produce consequences at least as good as those which would in fact be produced by any other act available to the agent”(Barnes 56). Whistle-blowing externally could be harmful to the organization resulting in other people losing their job.