Writing research paper
Interesting Technology Topics For Reserach Paper
Friday, September 4, 2020
Personal name
They ought to contain your name and position title, contact number, email address and site address. In the event that conceivable, your business name, logo and administrations or items likewise ought to be recorded. It is normal practice to have a twofold sided card in the U. K. With the business subtleties on the front and the individual contact subtleties on the back 2. Shaking hands Shaking hands is a typical type of welcome A handshake Is standard for business events and when visiting a home. Ladies don't generally shake hands.In business, a light handshake Is standard. When vaulting a home, a handshake Is appropriate; notwithstanding, a handshake Is not generally right at social events. See what others do. In the UK it is normally a solitary right hand that does the shaking. Not many individuals shake with their left hand and it is regarded discourteous to offer your hand without taking your glove off first. 3. Bowing 4. Kissing 5. Being formal or casual 6. Promptness Punctualit y is foremost. You ought to consistently show up for an arrangement/meeting on schedule, perhaps five minutes early.If you will be late, phone and give when you expect you will show up. 7. Silliness Do not poke fun at the illustrious family. 8. Eye to eye connection The British frequently don't take a gander at the other individual while they talk. Keep in touch during the welcome. 9. Associating with contacts The most ideal approach to reach senior officials is through an outsider. It isn't proper to have this equivalent outsider Intervene later If issues emerge. While business meals are getting less normal, business morning meals are picking up In popularity.Work Is frequently examined during business morning meals and snacks, in spite of the fact that these can likewise be utilized as an open door for general casual discussion to get to now your associates better and develop a decent working relationship Meetings typically open with a considerable lot of little talks, so as to ma ke a warm, positive atmosphere helpful for functioning admirably together. They last inside 5-10 minutes before gatherings Animals are normally a decent subject of discussion. 11 . Tolerating interference 12. Giving presents Giving endowments in a business setting isn't very common.When they are given, thank you blessings are generally little representative things, for example, journals, pens, champagne, and so forth. Blessings ought not appear to be improperly costly. Likewise, endowments are normally given at the finish of something, for example, a task, to check the event or as a bless your heart. As opposed to giving blessings, it is desirable over welcome your hosts out for a dinner or a show. At the point when you are welcome to an English home, you may bring blossoms (not white lilies, which mean passing), alcohol or champagne, and chocolates. Send a short, written by hand card to say thanks speedily a while later, ideally via mail or email-?not by messenger.When bringing blo ssoms, talk with the flower specialist about the fitting kind and umber. 13. Being immediate (saying precisely what you think) 14. Utilizing first name When welcome individuals in the I-J, hold on to utilize first names until the other individual uses yours or requests that you call them by their first name. The reaction you provide for a presentation ought to have a similar degree of convention as the presentation itself. In any case, British business behavior is turning out to be progressively casual and first names are frequently utilized immediately The utilization of first names is getting increasingly normal. Be that as it may, you should follow the activity of your host.
Sunday, August 23, 2020
Saturday, August 22, 2020
Response to Young Frankenstein free essay sample
Be that as it may, Mel Brooks film is a satire, since it has a plot to some degree like the book however was intended to be diverting and even at focuses scorn her work with clever circumstances or jokes and jokes. In the start of the film, Mel Brooks affronts the knowledge of Frankenstein by making the character of the hero that of a moron. Due to Frederickââ¬â¢s pride, he calls himself ââ¬Å"Frankensteenâ⬠and everybody thinks he is slow-witted, excluding his partner, which isn't the most brilliant aide ever. Obviously, the movie is loaded with entertaining jokes, yet the first and momentous joke is when Inga, Fredrickââ¬â¢s partner played by Teri Garr, says to him as a wolf yells out yonder, ââ¬Å"That is a werewolfâ⬠and Fredrick answers with concern while pointing at towards the heading of the wail, ââ¬Å"A werewolf? â⬠Then Igor (played by Marty Feldman), Fredrickââ¬â¢s partner, ignorant of the idea of the discussion answers, ââ¬Å"No, there wolf, there manor. We will compose a custom exposition test on Reaction to Young Frankenstein or then again any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page â⬠feeling that he had gotten the headings stirred up. There were numerous other diverting occasions however Mel Brooks doesn't set out to wander a lot from the first content and somehow or another helps us to remember Mary Shelly. Creeks extracts a few pieces of the book and uses them in his film. A genuine case of this is the character Elizabeth, which is a similar name as the sister and one-day lady of the hour of the genuine Frankenstein. Despite the fact that, her character was not all like Elizabethââ¬â¢s and her character was very impossible to miss and materialistic, she was Frederick fiancee. Another vital part f the film is when Fredrick finds how to offer life to lifeless things. Toward the start of the film, the hero didn't accept that he had the option to vivify protests, and questioned each and every chance, in any case, when by the demonstrations of Frau Blucher, played by Cloris Leachman, he learns of his grandfatherââ¬â¢s book on the best way to make the animal, and peruses in a boisterous voice, ââ¬Å"After days and evenings of extraordinary work and weakness, I prevailing with regards to finding the reason for age and life; nay, more, I got myself equipped for giving movement to inert issue. In the first content, this is the place Frankenstein lets us know, without detail, how he made the animal, and as the various past Frankensteins, he will undoubtedly make an animal as well. A significant style of composing is delineated in the film as well. This film was delivered in 1974, when shading was accessible and Mel Brooks had the alternative to create it in shading, however that would have demolished the gothic component of murkiness and secret which Mary Shelley outlined various occasions all through her book. Be that as it may, as Brooks endeavors to reproduce a hilarious variant of the film, he shapes an extra consummation and inverts a portion of the circumstances in the film. In the Mary Shelleyââ¬â¢s book, the beast wants the affection for his maker, and it is he who needs to be coordinated in manââ¬â¢s society, however in the film Young Frankenstein, it is his maker who looks for the monsterââ¬â¢s consideration, doesnââ¬â¢t need to see his creation hurt; and needs to incorporate him into society. The creatureââ¬â¢s point of view is likewise changed and he adores music, it mesmerizes him, which may disparage the sentimental component, love of nature, in Shelleyââ¬â¢s magnum opus, making the beast powerless against music instead of nature. Additionally, towards the finish of the play, rather than the maker and the animal biting the dust like in the book, Brooks chooses to let the hero and the beast have an upbeat ever-after. Fredrickââ¬â¢s love towards the animal was incredible to such an extent that he chooses to give some portion of his cerebrum with the goal that the animal could communicate and not be dreaded by everybody like he was previously. This purposes the significant clash in the film yet totally forgets about the peak of the book. Obviously, the crowd has grimy personalities and Brooks exploits this to make them snicker. He makes a couple of filthy jokes and circumstances that make the onlookers giggle, and embeds numerous other non-grimy jokes in his plot as well. One of them is when Fredrick is terrified by Igorââ¬â¢s eyes and says, ââ¬Å"Damn your eyes! â⬠and Igor, with his eyeballs taking a gander at various course answers, ââ¬Å"Too late. â⬠The chief makes a point to leave a joke that is recalled all through the film each time that an individual notices the name, ââ¬Å"Frau Blucherâ⬠. Each time that expression is spoken, some place, inside or outside, a few ponies whimper, causing it to appear to be a terrible sign. Besides, in Mel Brookââ¬â¢s Young Frankenstein, the law persecutes the beast yet the investigator that is pursuing him has a discourse issue or solid complement that makes it extremely difficult to get him and he has a prosthetic arm that consistently stalls out and gives him trouble moving it. These silly circumstances never neglect to make the crowd chuckle. Despite the fact that Mel Brooks to some degree duplicates Mary Shelleyââ¬â¢s magnum opus, he criticizes her work by bringing down the scholarly language, charactersââ¬â¢ position, and giving messy occasions. He succeeds in getting the crowd to chuckle and be engaged. Notwithstanding, whenever saw in an alternate point of view, Mel Brooks additionally offers his appreciation to Mary Shelley in reverence by giving a portion of the first content and finding a method of reminding the crowd that Mary Shelley is the person who ought to get commendations as well. Mel Brooks publicizes Mary Shelleyââ¬â¢s work in such a case that you at certain parts don't comprehend the film, you would need to peruse the first book first. Creeks makes a circumstance where both he and Shelley win by getting more perspectives on the film and more individuals to peruse her book.
Friday, August 21, 2020
Personal Experience of Working with a Culturally Diverse Group
Question: Examine about the Personal Experience of Working with a Culturally Diverse Group. Answer: Depiction Each Holmes glen understudy is required to experience a temporary job following four years of considering. In November 2016, my kindred understudy and I were sent to a clinic in Australia to do our temporary job. My kindred understudy was an Aboriginal understudy from Canada. I being from Northern America caused me to feel better than her. This is on the grounds that she originated from an indigenous gathering. Before, the native gathering was directed for on the spots they should live and what their identity was to live with. The sentiment of prevalence made me dismiss her feeling and furthermore consider myself to be a superior medical attendant than her Sentiments This conduct was because of the way that I realized that there were approaches that directed where the native individuals were to live and whom they were to live with. The native individuals have wide nose, blue eyes, light hair and are darker looking. A significant number of this individuals have developed in cultivate homes and because of this, they are believed to be mediocre. There is additionally a legend that expresses that they have mental inadequacy. Assessment The manner in which I felt about the native understudy was way messed up as it made my individual medical attendants who were a lot of near me to feel a similar way. This made it difficult for the understudy to focus on her entry level position. Her sentiments about nursing were likewise ignored in spite of the way that they seemed well and good. Be that as it may, because of the way that they originated from an indigenous individual, they were not placed into thought. Examination The emotions and contemplations about this understudy were not reasonable. This was on the grounds that we had gone to a similar school and gotten a similar preparing. It was additionally off-base to see an individual to have a low IQ because of her root. I ought to have regarded the understudy as my kindred partner in spite of the way that we were from various social foundations. End I have presumed that individuals just have dubious thoughts on what is IQ. The knowledge of an individual is picked up as an individual develops. Ones IQ can't be estimated by an individual's experience. In this manner there isnt any great proof that is in help that the Aboriginal individuals have a low IQ. These gatherings of individuals have exceptional accomplishment previously and because of this, they are currently ready to function as legal advisors, clinical specialists, and bookkeepers. So as to address the way of life issue of this individuals, the issue where their general public was devastated 200 years back and their customary lifestyle lost, ought to be tended to. Activity In the event that I got a vocation at a spot where I was to work with an Aboriginal individual. I would treat them diversely and tune in to their suppositions, this is on the grounds that their thoughts could be of help in the nursing practice. What's more, it is basic not to see others as mediocre because of her or his social foundation.
Teen sex Essay Example For Students
Adolescent sex Essay Adolescents in the United States are trying different things with sexual exercises increasingly more today than any time in recent memory. As indicated by Charles Krauthammer, Sex overflows from each pore of the way of life and theres not a child on the planet who can keep away from it. (Meier, 1994, p. 7). Young people are encircled by a type of sexual meanings constantly. Regardless of whether it is TV, radio, school, or even the Internet, adolescents are hearing the effects of sex on our general public. The value that young people pay for being explicitly dynamic significantly exceeds any preferences. The time of pubescence happens somewhere close to the ages of 10 and 14 for most however can fluctuate for various individuals. Heredity, medical issues, and passionate and physical pressure can cause these varieties. Youngsters start to try different things with the other gender by embracing, kissing and different types of sexual articulation. Individuals are fit for making babies w hen pubescence starts. Adolescents additionally observe more TV and tune in to more music building up their own extraordinary characters. As indicated by one examination, around 65,000 sexual acts or remarks on prime-time TV happen each year (Meier, 1994, p. 9). In the motion pictures or on TV, the on-screen characters and on-screen characters make sex look simple, fun and exciting. It gives off an impression of being something everybody is doing. On TV programs like Dawsons Creek, sex is generally the significant subject of the whole show. Regardless of whether it is folks and young ladies, folks and folks, young ladies and young ladies, or numerous people of each sex, the sex demonstration itself is a significant clash. Motion pictures, for example, Cruel Intentions, depict sex as a game. The primary characters are putting down wagers on one another that one of them will have intercourse with some young lady who is against the possibility of pre-marriage sex. That film is appraise d R, however little children were in there with their folks. Those sorts of motion pictures are not implied for a youthful crowd. Presently those children may wind up engaging in sexual relations when they become young people. Those equivalent adolescents may regularly be the ones that get pregnant. High school pregnancy occurs so regularly that individuals barely even remember it any longer as a negative effect on our general public. Specialists gauge that the blend of lost expense incomes and expanded spending on open help, kid medicinal services, child care and the criminal equity framework sums about $7 billion yearly for births in youngsters. Regardless of a 20-year low in the youngster pregnancy rate and a great decrease in the teenager birth rate, the United States despite everything has the most noteworthy high schooler pregnancy pace of any industrialized nation (Casey Foundation, 1996). That is not saying a mess for our country. In Kids Having Kids: A Robin Hood Foundation Special Report on the Costs of Adolescent Childbearing, scientists note, During her initial 12 years of parenthood, the normal youthful mother gets salary and food stamps esteemed at simply over $17,000 every year Recent decreases in pregnancy and birth rates, be that as it may, are empowering. The rates continue dropping and are giving no indications of increment, yet. The pace of pregnancies has dropped from a pinnacle of 117 for each 1,000 young ladies ages 15 to 19 of every 1990, to 101 out of 1995. That 14 percent drop carried the rate to its least level since 1975 (Casey Foundation, 1996). As opposed to manage a pregnancy afterward, more young people appear to be attempting to forestall pregnancies. Young people are figuring out how to all the more likely use contraceptives and are utilizing them more oftentimes than previously. A few young people know about the contraceptives accessible, yet they simply decide not to utilize them. Others may think that its troublesome and hu miliating to converse with their accomplices about anti-conception medication or contraceptives. Contraceptives, for example, the condom, Depo-Provera, stomach, IUD (intrauterine gadget), and the pill are compelling over 80% of the time. A portion of those, over 90%. Nine out of 10 explicitly dynamic ladies and their accomplices utilize a prophylactic technique, in spite of the fact that not in every case reliably or effectively. Around one of every six high school ladies rehearsing contraception join two strategies, basically the condom with another technique (Guttmacher, 1998). The main strategy viable 100% of the time is restraint, which implies not engaging in sexual relations by any stretch of the imagination. In spite of the fact that there are contraceptives, they just work such a great amount of percent of the time. The other percent of the time, they will fizzle and lead to a horrendous defeat for anybody included. Numerous outcomes are added to engaging in sexual relations as a young person, and even as a grown-up. Explicitly transmitted sicknesses (STD) are increasing increasingly more exposure. Consistently 3 million adolescents around 1 out of 4 explicitly experienced teenagers get a STD (Guttmacher, 1998). The more typical explicitly transmitted ailments incorporate HIV (brought about by the AIDS infection), herpes, gonorrhea, chlamydia, syphilis and genital moles. Teenagers have higher paces of contracting gonorrhea than do explicitly dynamic people matured 20 to 44. Chlamydia is more typical among adolescents than among more established people; in certain settings, 10-29% of explicitly dynamic high school ladies and 10% of young men tried for STDs have been found to have chlamydia (Guttmacher, 1998). Alongside the physical status of an explicitly dynamic adolescent, the passionate status can likewise be drained. The passionate issues a youngster will feel in the wake of turning out to be explicitly dynamic can be overpowering. Some of the time the pressure from loved ones turns out to be a lot for a youngster to endure. This can frequently prompt self destruction or beating of themselves to execute the infant and make it resemble a mishap. At the point when a young person initially learns she is pregnant, she frequently won't tell anybody not by any means the babys father-about her situation (Meier, 1994, p. 21). Holding a mystery that massive inside you causes extraordinary pressure and enthusiastic surprise. The youngster may have exceptional sentiments of dread, disarray and despondency. All things considered, it is a smart thought for the young lady to find support by conversing with an advisor at school or a wellbeing facility. Eventually, the pregnant adolescent should confront reality and settle on some extreme decisions. She will initially need to choose whether or not to have the child. On the off chance that she decides to have the infant, she should conclude whether to keep it herself or surrender it for select ion. Pregnancy itself is normally a truly awkward circumstance. During the initial barely any months, the pregnant lady will experience numerous changes. Morning disorder, tiredness and unexpected emotional episodes are only a couple of these changes. Youngsters will in all likelihood not have any desire to go to class feeling like that. Following a couple of long stretches of playing hooky and accepting horrible scores, the understudy is well on the way to drop out through and through. Consistently, around 40,000 young ladies drop out of secondary school since they are pregnant (Meier, 1994, p. 24). Numerous never return. Youthful guys who become fathers before the age of 20 frequently don't complete secondary school, making it progressively hard to get a decent line of work. The normal lady who turns into a mother before the age of 18 wins about half as much cash as the lady who has kids at a more seasoned age, or has no youngster by any stretch of the imagination. One out of each three young moms goes to government assistance to make a decent living (Meier, 1994, p. 24). In view of those moms, anybody with an occupation must compensation the expenses to keep them on government assistance rather than out in the city. Occupations are unreasonably rare for individuals with no involvement with specific fields of work. Thirty or 40 years prior, it was genuinely simple for youngsters to make lives for themselves after the pregnancy. Be that as it may, the American economy and sorts of employments have changed. Presently a secondary school graduate will fit the bill for just most minimal paying employments (Meier, 1994, p. 71). Because of every one of these adolescents searching for occupations, the joblessness rates have gone down, and the business rates have increased. In any case, young people who land the positions are almost certain going to be working at the lowest pay permitted by law, which can cause joblessness. As per the gracefully and request bend of f inancial matters, higher wages increment the quantity of laborers ready to work however diminish the quantity of laborers managers will recruit (Dallas Headquarters, 1997). Young guardians or outright youngsters think that its hard to work for the lowest pay permitted by law, and much increasingly hard to track down a business who will recruit them. A few young people want to go to premature birth as a method of taking care of their issues. I for one feel that premature birth ought not be acknowledged regardless other than assault, however that is not what this paper is about. Around 23 states have passed hostile to PBA (fractional birth premature births) laws as of August of 1998 (Robinson, 1999). Illinois is among those 23. In certain states, the legitimate age to have a premature birth with no approval is 17. That is too youthful to possibly be choosing the life (or demise) of a blameless individual. Another significant worry for youngsters having intercourse is that a few people feel that the adolescent ought to reserve the privilege to pick how to manage their own bodies. They, as individuals of the United States, are faithful abiders of the Constitution just as grown-ups. The Constitution expresses that we have the abilities to speak freely, religion, the press and gathering. Opportunity of decision is in there, as well. Young people may tune in to the counsel of grown-ups and peers, however they must have the option to settle on their own choices. In the event that youngsters need to go out and engage in sexual relations, at that point so be it. It's not possible for anyone to truly stop them. Of course, guardians can secure them their rooms or something more regrettable, however a cunning high schooler will quite often discover an exit plan. After a discipline that way, a young person will regularly simply flee from home. That is another issue. Adolescents now and then are not the best at settling on their own choices, particularly with regards to sex. Youngsters regularly stress that on the off chance that they get hitched, at that point they can engage in sexual relations all they need with no bad things to say. In Japan, the legitimate age to be hitched without a guardians approval is more than 18 in guys and more than 16 in females (Kasumigaseki, 1997). It is presumably very little unique in the United States. Young people imagine that by getting hitched, it will diminish the pressure and weights from having intercourse rather than not being hitched. A few young people as of now have it settled up in their minds that they are
Saturday, July 11, 2020
Writing Better College Essay Topics
Writing Better College Essay TopicsCollege and university students often have the opportunity to create their own essays, but it's a little more difficult to write a Higher Education Essay. As with any essay, this one needs to be well written and concise. The best way to write one of these is to get a few tips on how to do so.What You Need To Know- One of the most important things that you need to know before writing your essay topics is how to format them. You also need to be sure that you know your audience. Before you begin writing, be sure that you have a theme that you are going for in each of your essay topics.Asking Questions- While writing, keep in mind that your topic must relate to the topics you already know about. A good example would be if you were writing about a local park that has been growing over the years. What would be interesting to write about? Maybe, a discussion of the people that visit the park or a look at how they use the space.Questions And Relevant Answer s- When you are writing your college education essay topics, always be sure to ask questions. The purpose of asking questions is to find out what the students already know. And if there is something that they do not know, then they will not be able to write a Higher Education Essay topic that is informative.Think Like The Students- Students love to hear how you think, and when you talk to them like a student, they feel more comfortable. So, even if you are writing an essay topic that has information that is common knowledge, make sure that you discuss it in a way that will help your students understand it. This will also allow them to relate to your idea and their own.Give Them A Topic- Always be sure to give them a topic. It is much easier to write an essay if there is a main topic that it is based off of. Your topics should include a common interest that the students will have and then be based off of a course of action that they should take.Think Outside Of The Box- College and u niversity students love to write essays on almost any topic, so the next time you are writing essay topics, try to think outside of the box. Something that college students like to do is to choose a topic based off of something that they themselves enjoy. Some of the topics that students have been known to write about include discussing weddings, classic literature, and certain movies.These are just a few of the many tips that college and university students can use to be more successful when writing their Higher Education Essay topics. To avoid being stuck, be sure to ask questions. And remember that keeping the topic related to your course of study will ensure that you are able to write an essay topic that is well written and to the point.
Wednesday, June 24, 2020
Managerial Economics Assessments 1 & 2 - 2200 Words
Managerial Economics: Assessments 1 & 2 (Coursework Sample) Content: Name Tutor Institution Date Managerial Economics: Assessments 1 2Assessment 1Qs 1 Technological improvement has surpassed the increase in willingness and ability to purchase a laptop. This is due to advanced technology which has been witnessed over the last few years. The price and quantity in the market for personal laptop can change depending on the point of intersection of the demand and supply curve. This means that, the equilibrium quantity and price for the laptop will be determined by the point of intersection of the two curves. When the supply of the laptops is high (due to increased technology) then the demand for the same commodity tends to go down. Demand and supply acts hand in hand for any particular commodity. On the reverse we may expect that, when the demand is too high the supply tends to go down and the price goes high. Owing this in mind, we expect that due to advanced technology the companies that manufacture laptops will produce them in large qu antities. This triggers a rise in supply hence making demand to go down. As supply increases and demand of the laptop decreases, the price on the other hand decreases. This is illustrated by figure 1 shown below. INCLUDEPICTURE "http://media.wiley.com/Lux/83/244383.image0.jpg" \* MERGEFORMATINET Fig 1 Qs 2 If the income elasticity of demand of a good X is 0.89, then the equilibrium price, if there is an increase in the income of consumers will respond positively. This means that since the income of elasticity demand is positive then the demand due to increased income will also be positive; the demand of good X will increase. The demand for this good is however inelastic since it is less than 1. By this we mean that, the demand does not respond so much to the price changes. Increase in the customers income means increased purchasing power. This phenomenon can be explained further by the graph shown below (fig 2.) INCLUDEPICTURE "http://3.bp.blogspot.com/-sq5bOczST5U/T0tZlmK_kl I/AAAAAAAAAeI/pfX3UGyHFOU/s320/increase+in+income.png" \* MERGEFORMATINET Fig 2From the above figure, as the demand curve moves to the right, there wont be any equilibrium at that given price and quantity. On the other hand a time comes whereby the new demand curve intersects the original supply curve (P2 and Q2); this shows an increase in both due to increased income.Qs 3When the ministry of labor sets up a minimum wage in the labor market, then the potential effect on employment will be positive. This means that if we go by the prevailing market price of goods and service, increment in the minimum wages will mean more purchasing power for goods and services. More people will be willing to work as the market wage increases. The minimum wage becomes a crucial factor in the rigidity of the labor market and so raising it means more employment, a factor that helps to reduce poverty in a country. The impacts to the economy are positive since any small loss of job becomes covered by the multiplier effect because more money is put to the hands of the workers consequently unleashing confined consumption, though with some effects of inflation to the economy. Fig 3 INCLUDEPICTURE "/research/commentary/2007/0501fig2.gif" \* MERGEFORMATINET Qs 4 The table below shows the costs at different outputs and calculation of the marginal cost at level 5 unitsTable 1Output QTotal cost TCFixed cost FCVariable cost VCAverage variable cost AVCAverage total cost ATC1200050015001500200022500500200010001250328008002000666.6933.3433001300200050082554000200020004008006480028002000333.38007600040002000285857When the marginal cost is 5 units,Then marginal cost (1 to 5) = total cost of producing 5 units total cost of producing 1 unit = 4000 2000 = 2000Marginal cost (5 to 2) = 4000 2500 = 1500Marginal cost (5 to 3) = 4000 2800 = 1200Marginal cost (5 to 4) = 4000 3300 = 700Qs 5 According to the posting from last fall, sales for products such as spam, pancake mixes, instant potatoes, rice and beans have been booming during the recession; a spokesperson in a grocery chain is quoted saying they are real belly fillers. From this comment and the concept of elasticity, we know that elasticity measures the changes in both demand and supply. It measures the consumers sensitivity to changes in price. If in this case the price of a commodity goes down then the demand for the same goes high. On the other side whenever a substitute exists for a certain product with fewer prices, then we expect that the demand for the substitute will go high. Furthermore, if the income for consumers goes high then they tend to spend much on that particular product. More over time can be accounted as another determinant of price elasticity of products. For food products, a customer may prefer to take snacks because they are readily available and easy to eat unlike other solid foods. For our case here the business for the spam, panc ake mixes, instant potatoes, rice and beans may tend to be booming during the time of recession because of the above mentioned factors. Consumers may tend to go for them because they are cheap as compared to other food stuffs. They may act as substitutes for other food products like beef and other expensive foods. Their demand triggers high sales hence the business turns to be booming. On the other side these food stuffs are fast foods and readily available. To this effect the consumers may prefer them for other foods to save time.Qs 6If RTA increases bus fare from Abu Dhabi to Dubai, there is a likelihood of the commuter company to increase its revenue if there are no substitutes for travelling between the two terminal points. However, if other substitutes exist like travelling by train with less fare, then the demand to commute by bus will go down due to increased fair. This will account for less customers and companys revenue will go down. The demand curve in this case is inelast ic; since the price of bus fare is high, then fewer people will be willing to get the commuting services from the bus. The curve tends to be steep because the price elasticity of demand ranges between zero and one (fig 4 below). As the price decreases the demand increases hence fetching more consumers; the reverse is also true since as the price increases the demand becomes low and so less consumers. Therefore, the revenue for ART Company is likely to be low because of the above mentioned factors.Fig.4 INCLUDEPICTURE "http://img.sparknotes.com/figures/5/5259b727009a2736d6ad639bab3494ff/inelas.gif" \* MERGEFORMATINET Assessment 2 Qs 1A local firm in Abu Dhabi is operating under a perfectly competitive environment. The price in the market is 4 AED and their total cost is 500 AED (including the fixed cost of 200 AED) for output of 30 units. Owing this in mind, the company should not continue to operate because the average cost of production for this product is higher compared to th e price of the same product in the market. This can be demonstrated as; Total cost = total fixed cost + total variable costTotal variable cost = total cost total fixed cost = 500 200 = 300; the average total cost of production per unit = 300/30 = 10 AED which is greater than the unit price which is 4 AED. Since the average cost per unit surpasses the unit price, then the firm will be running at a loss with a deficit of 6 AED per unit sold. Perfect competition can be described as the opposite of monopolistic competition where only a single firm supplies particular goods and services. For a perfectly competitive market where the firms sell similar products, every firm becomes price takers; they have no control over the price of the products. Prices are likely to go down due competition. Failure for a company to understand the basics of competition in the market may mean the company running bankrupt and possibly close down the business. This situation can be represented in a graph as shown below.Fig 5 INCLUDEPICTURE "http://upload.wikimedia.org/wikipedia/commons/thumb/4/43/Economics_Perfect_competition.svg/560px-Economics_Perfect_competition.svg.png" \* MERGEFORMATINET Qs 2 Recent research has documented the fact that Coke is something different compared to other soft drinks. Related literature states that coke has already attained the monopoly status. On assumption that the research is correct and coke is monopolist then;Coke actively engages itself in price discrimination because owing to the positioning of its products in the market, Coke is able to control the market it shares with other soft drinks like PepsiCo. Coke is able to sell its products at different prices on different locations. The consumers of this product are always willing to pay for the product irrespective of the price. In this case, Coke has been able to maximize its sales and profits as compared to its rivals. Coke has managed to become a good discriminator in the market because of t he following factors; market price maker and market control, identification of different markets willing to pay different prices for its products, and maintaining of groups which have been able to resell its products to other groups. At the same time Coke has been able to use first degree, second degree and third degree discrimination. In first degree discrimination, Coke has been able to sell its products at the highest price that the consumer can afford. In second degree discrimination, Coke has been able to block the prices by selling its products at different prices for different quantities. In third degree discrimination, Coke has been able to segment the market according to the taste in age, location, gender, and ethnic group.The figure below...
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