free response questions. There are two questions with two sub-parts each. In the first question, you will take a survey, get the survey results which will be based on your answers unique to your case.Then proceed to answer questions 1.1 and 1.2.In the second question, you will listen to a podcast , get the survey results which will be based on your answers unique to your case.Then proceed to answer questions 1.1 and 1.2.In the second question, you will listen to a podcast.

Provide support for your answers. Base your answer off thejournal articles with proper APA citation. Do NOT copy-paste from the internet sources to avoid plagiarism. High similarity ratio will result in penalty determined by your professor alongwith Dean of Students.

1-Take the survey atthishttp://programs.clearerthinking.org/what_is_your_time_really_worth_to_you.html#.YUe4eLhKhPZ

link. may open in a new window.After taking the survey, answer the following questions:

Question 1.1:Which economic concept(s) does this survey best reflect? List all the concepts that you think are applicable.Explain how those concepts are reflected in the survey by either elaborating on the meaning of the concept or by giving examples/support

Question 1.2:Do you think you have underestimated the value of your time given the survey results? Explain succinctly applying theconcepts you have learnt so far in this course. This is the question where you can use a supportive tool/table/graph/logic/reasoning to prove your point.

2-Listen to the podcast and then answer the question given below that podcast. Transcript link is also provided below in case you are not an active listener, you can also review the transcript after listening to the podcast. You can support your answer with a graph, table or examples.

https://www.npr.org/transcripts/900273012

Listen to the above podcast. After listening to the podcast "Mask Communication" on behavioral economicsbehind drunk-driving and mask wearing, please share your views on the following two questions.You can support your answer with a graph, table or examples.

Question 2.1:"Heineken tackle a different intractable problem, drinking and driving, by using nachos." In the podcast , they mention that behavioral economistsfound out that the bars that followed the protocols well, they saw as much as a 50% decrease in drinking and driving from one week to the other. What do you think worked behind this success story?

Question 2.2:Assume you are a behavioral economist. Your state governor is seeking your advise on how to best encourage general population to wear masks, what would you say? Provide support to your case. Base your answer off the podcast or journal articles with proper APA citation. Do NOT copy-paste from internet sources. Write in your own words. You will be submitting your answers in Turn-it-in. The transcript for the podcast can be found in the link posted above.

Question 2.2 Alternative (If you have ethical and/or moral reservations about answering Question 2.2 as written above, please answer this alternative question 2.2 here but do NOT respond to both):Assume you are a behavioral economist. Your state governor is seeking your advice on how to best offer a public policy to mitigate difficult times during the Covid pandemic taking into account various beliefs of the population. The state governor would like to offer a policy that encourages mask use for those who would like to wear masks while at the same time encourage those who would not like to wear masks to be self-responsible in alternative ways. The state governor does not want to implement mandates but would like for the population to have the freedom to decide how to exercise self-responsibility in their own lives based on what may work best for them given their personal circumstances.Provide support to your case. Base your answer off the podcast or journal articles with proper APA citation. Do NOT copy and paste from internet sources. Write in your own words. You will be submitting your answers. The transcript for the podcast can be found in the link posted above.

Exam1 Rnbric CATEGORY Unacceptable The candidate does not identify all the concepts. (3 Points) The candidate identies all the concepts but does not elaborate or provide S'JPPD- (3 Points} the concepts and elaborates or provides support in an acceptable manner. (12 points) the concepts and elaborates or provides support in an exceptional manner. (15 points) The candidate just provide; the breakdown of value of time but does not apply the concepts approvriateo- (2 points) The candidate succinctly applies the concepts learnt so far in this course to the survey results. No support is provided though. (5 points) The candidate succinctly applies the concepts leamt so far in this course to the survey results- Supportive table'grapllflogicfreasoning used to prove their point is acceptable. (3 points} The candidate succinctly applies the concepts leamt so far in this course to the survey results- Supportive table'grapllflogicfreasoning used to prove their point is exemplary. If It] points) The candidate does NOT provide much evidence or support at all. (5 Points} Identies what led to Heineken Success Story but does not relate itto the course concepts. (2 Willis} The candidate does provide somewhat acceptable report to the governor. Provides Identies what led to Heineken Success Story and relates it to the course concepts inappropriately. (3 points) The candidate does provide an acceptable report to the governor. Provides support to the Identies what led to Heineken Success Story and relates it to the course concepts appropriately. (5 points) The candidate does provide the exemplary report to the governor. Provides support to the CATEGORY Unacceptable Developing Proficient Exemplary CATEGORY Value value value value value Score/Level support to the case but case but needs more case. The answer is based lacks validity. validity. (15 points) on the facts from the (10 points) podcast or journal articles with proper APA citation. (20 points) Writing Writing has major Writing has some Writing is free of all grammatic, content, grammatic, content, or grammatic, content, or writing errors and/or writing errors and writing errors and does not appropriately complies APA format in- complies APA format (5 comply APA format. general. (4 points) points) (2Points) Example of Wage Overview, hourly wage and salary Labor Costs A discussion on wages, occupations, and quality control will be presented in this section.Wages Overview The Bureau of Labor Statistics puts the total 2015 fourth quarter wages for .The average weekly wage was Compared to the first quarter of 2015, employment averages and number of establishments increased/ decreased while total quarterly wages and average weekly wage increased/ decreased (Quarterly Census, 2016b). These changes are likely due to In general, the industry did see an increase/ decrease in both wages and employment between 2014 and 2015 (Quarterly Census, 2016b). Hourly Pay. This industry has many hourly wage workers. The most common types of hourly workers are Figure 1: Median Hourly Rate by Job Credit Analyst $19.25 Production Supervisor $19.00 Machinist $18.25 Administrative Assistant $13.00 Customer Service Representative $12.75 Assembly Line Worker, Factory $10.82 Cashier $8.74 $0.00 $5.00 $10.00 $15.00 $20.00 $25.00 Source: Adapted from Hourly Rate for Industry: Sporting Goods Manufacturing, Pay Scale., 2016 Salary. Upper level occupations, often paid a salary, as shown in Figure 2. Salaries for top executives and others are: Figure 2: Median Salary by JobMarketing Director $95.000 Marketing Manager $68,784 National Sales Manager $68,723 Mechanical Engineer $68.467 Design Engineer $64.585 Industrial Designer $60.688 Marketing Coordinator $39,740 $0 $20,000 $40,000 $60,000 $80,000 $100,000 Source: Adapted from Average Salary for Industry: Sporting Goods Manufacturing, Pay Scale., 2016