While SMIS are presented as a benefit to businesses and consumers, they also have a dark...

While SMIS are presented as a benefit to businesses and consumers, they also have a dark side. Read the attached article titled “The Case for Investigating Facebook” by David N. Cicilline, a member of the House of Representatives and chairman of the House Subcommittee on Antitrust, Commercial and Administrative Law, and discuss.

Expert Solution

Rahul Sunny answered 2 years ago

eplain how behavioral targeting is supposed to benefit both consumers and businesses.

Costs are very important not only to us as individual consumers, but also to businesses who...

Costs are very important not only to us as individual consumers, but also to businesses who must control costs in make the desired profit. We should have learned that in this chapter (if we did not already know that). In this discussion answer the following questions (and support your answer(s)): What can cause a firm's cost curves to shift up or down? How would a shift of the cost curves affect a firm's profits? Please answer this question in extreme...

Suppose that consumers A and B have the following marginal benefit schedules for the public good...

Suppose that consumers A and B have the following marginal benefit schedules for the public good G: MB(A)=50-2G MB(B)=40-3G. (i) Suppose there are 4 units of the public good. What is the marginal benefit to consumer B of an additional unit of the public good? (ii) What is the total benefit to consumer B from consuming 4 units of the public good? Draw a graph to illustrate this total benefit. Show your calculations. (iii) If the marginal cost of providing...

Discuss different elasticities and their importance to consumers and businesses.

If there is a market outcome in which the marginal benefit to consumers of the last...

If there is a market outcome in which the marginal benefit to consumers of the last unit produced is equal to its marginal cost of production, and consumer surplus plus producer surplus is maximized, then A) maximum deadweight loss occurs. B) economic efficiency is achieved. C) profits are maximized. D) costs are minimized.

CASE STUDY Australian consumers are becoming ethically-minded and businesses are taking note Businesses with a social...

CASE STUDY Australian consumers are becoming ethically-minded and businesses are taking note Businesses with a social conscience are on the rise. (Getty Images: Simon Jarratt/Corbis/VCG) Charles Murgha is 36 and had never had a job until he got a carpentry apprenticeship a few years ago. Soon he'll be a qualified tradesman, and will have helped build 29 homes in his Indigenous community of Yarrabah, not far from Cairns. The town has a 45 per cent unemployment rate. Charles says boys...

What polices and protocols should businesses have in place to provide a safe work environment while...

What polices and protocols should businesses have in place to provide a safe work environment while also ensuring that employees are being treated fairly? For example, what, if any, business policies should be developed or implemented to address the following? Identifying the employees the policy applies to. Detailing the consequences of testing positive or refusing to be tested. Providing notice to employees prior to the implementation of a policy.

Question

While SMIS are presented as a benefit to businesses and consumers, they also have a dark...

Solutions

Expert Solution

Related Solutions