Answer any one of these options

Question 21 (60 points) Short answer section (60 points): Select ONE of the prompts and provide a short essay response to it. Indicate which prompt you are writing on in your answer Option 1 - In "Can Socially Responsible Firms Survive in a Competitive Environment?", Robert Frank argues that socially responsible businesses must solve commitment problems to survive in competitive markets. Explain what a commitment problem is, why there are advantages to solving them (think about why it might be detrimental to be unable to solve commitment problems), and provide an argument for at least one way in which socially responsible businesses can solve them Option 2 - In "Estranged Labor", Marx explains 4 ways in which workers are alienated. Explain all 4 ways a worker is alienated, how estranged labor leads to this alienation, and pro argument for how this alienation might be eliminated. e an Vide ar Option 3 - Adam Smith believes morality is a "spontaneous order" that operates much like an economic market. Explain why Smith thinks morality is like a marketplace, how moral systems develop, and discuss the advantages or disadvantages to Smith moral system, Be sure to include in your answer what Smith thinks the "goods" are in the "marketplace of morality", what the "resources" are, how "goods" are exchanged in this marketplace Paragraph B IU MacBook Air F2 20 F3 898 F4