Fundamentals of Economics Essay Example | Topics and Well Written Essays - 1500 words

Fundamentals of Economics - Essay Example Aside from prices, there are a host of factors that may either push for an upward or downward effect on the volume of demand or supply exerted towards the market. Among the determinants for demand include taste and preference of consumers, income level of consumers, availability of substitute products, and population. For supply, the determinants include, but are not limited to, production cost, taxes and subsidies, number of producers or suppliers, available technology, and prices of substitutes. Applying some principles in marketing, demand can further be described or categorized as latent demand, and effective demand. While consumers may want to have a number of units of a particular commodity constituting the latent demand for that commodity, only consumers who have the capacity to pay for that commodity at a price level producers are willing to supply will constitute the effective demand. Elasticity, on the other hand, can be simply defined as the degree of change on the volume of demand or supply of a particular product in relation to changes in the behavior of its determinants. For example, a product that has an elastic demand is a product whose volume or quantity being demanded in the market has increased tremendously due to a lower tag price offer in the market. At the same time, such product with elastic demand would have a tremendous decrease in volume of quantity demanded should its price suddenly becomes a bit more than what it previously offered to the market. In other words, elasticity can be described or defined as the degree of changes in the volume of quantity demanded or supplied given the degree of changes in its determinants. Elasticity determined by changes in prices has been referred to as price elasticity, as shown in the example that has been mentioned above. Demand or supply behavior that

UK law and Proactive Management Essay Example | Topics and Well Written Essays - 500 words

UK law and Proactive Management - Essay Example In order to deal with tenants, the license needs to include the major concern in the license agreements. Some of the concern that should be included in the licenses includes the protection of the structural integrity of the building, having agreements that will attract good clients and establish the management system that does not reduce the value of a property. Since the actual term of the lease is normally included in the hypothetical lease agreement, making the actual lease more onerous does not only make the lease less attractive to the prospective person that need to rent the house leading to a further lowering rent that they are prepared to pay. Most of the time, the tenants would narrow the user provision indicated on the lease agreement so as to pay less rent. The estate manager can consider including the permitting a wider use of the premises so as to reflect the opportunity value to the landlord. According to the Land lord and tenant Act of 1927, after the lease is establis hed, the tenants cannot change the use of the premises without the consent of the landlord. This means that the landlord has a right to refuse consent for a change in the use of the premises. For example, when the word unreasonably withheld is omitted on the lease, the applicable clause would mean that the use of the premises is restricted in advance based on the rent that is paid. But to enhance the rental value to the land lord, the lease needs to expressly indicate that consent would not be withheld.

The Short Story The Necklace English Literature Essay

The Short Story The Necklace English Literature Essay Guy de Maupassants short story The Necklace was first published in the Paris newspaper Le Gaulois on February 17, 1884, and he was successfully incorporated into Tales of Night, his 1885 collection of short stories. Like most Maupassant short fiction, it was an instantaneous achievement, and it has become his most widely read and anthologized story (Smith Christopher). The Necklace describes Madame Loisel as beautiful and born into an average family. She is unsatisfied with her impoverished life and decides to borrow a diamond necklace from a former rich friend to fulfill her happiness. Maupassant presents the theme that one should be true to ones self trough his use of situational irony by which he tells the story of Madame Loisel. Maupassant describes Mathildes external conflicts in the story The Necklace. Though she is pretty and charming(1), she does not appreciate anything in life. She feels her life should have been blessed with wealth. Although her husband works at a ministry of education as a minor clerk, the money he is bringing to his wife is not enough for the kind of life Mathilde has always dreamed of. For instance, her vision is to live in a mansion, dinning in famous restaurants, and dance among the riches (1). She is embarrassed of her poor lifestyle, and decides not to invite any of her former friends who become rich to her home. Therefore, she suffers enormously because her whole life has been based on deficiency of luxury. The love of her husband Charles and the efforts he makes to keep his family healthy is not enough to please Mathilde. However, she happens to be a self-centered person who cares only about her appearance, instead of being thankful for the love of her husband. The author anal yzes Mathildes internal conflicts in the story. She is unhappy and miserable. She is disappointed in herself because she thinks she deserves more than she has. Mathilde appears to be a round person; although she is attractive and pretty, she also seems depressed because of the lack of money. She is a dynamic person; she is not content with herself because her husband is not well off financially. Otherwise, she would be a cheerful person if her husband was wealthy. Guy de Maupassant describes the characters verbal irony in the story; Monsieur Loisel makes an effort to invite his wife to a ball dance because he thinks she would be pleased to get out of the house. However, Mathilde chooses to reject her husbands invitation by saying, Give your invitation to some colleague whose wife has a more suitable gown than I(2). She concerned more about her look and what others might think of her. Still, she convinces her husband to take money out of their life savings to buy a lovely dress for the occasion. Mathildes irony in the story is discontentment because she does not have anything to wear with the dress; she realizes she needs a jewel to look her best, so she will not appear as poor as she is among the women at the ministry. Furthermore, Mathilde goes to her former friend to borrow one of her diamond necklaces, which she loses unexpectedly. In the story The Necklace, the situational irony occurs when Mathilda sacrifices her life for years to work tw ice as hard to repay the loan they take to return the necklace. She loses her beauty; she looks older, and there are traces of gray in her hair(4). She ruins her husband and her life by not making a smart choice, and her selfishness causes her familys pain. Nevertheless, the dramatic irony happens when she comes to learn the diamond necklace she loses is an imitation. The resolution of the story reveals that Mathilde realizes she made a fool of herself for not telling her friend exactly what had happened to the necklace. Therefore, she wastes her husbands and her time for nothing to replace something that was not even real. The writer points out the theme of the story as Malthilde cares only about her appearance, and her greed puts her through so much suffering in life. She should appreciate the sacrifice that her husband makes for her to buy the dress. Her attention is to dance joyfully with everyone, intoxicates with pleasure, and to be on a cloud of happiness(3). She does not worry too much about her husbands feeling toward his happiness. However, she comes to discover the diamond necklace she borrows from Madame Forestier is missing, her husband Monsieur Loisel sympathetically helps her look for the necklace. Moreover, he sacrifices everything he can in his life to help his wife replace the necklace. She confidently lies to Madame Loisel about the necklace. Possibly, if she has told the truth, all the pain and misery could have been avoided. Besides all the pain she puts Monsieur Loisel through, Mathilde wishes she married a wealthy man, but she is a poor girl with no dowry to offer (2). Money and m aterial things have stopped her to improve the living she desires. As a result, she loses her beauty and works harder to replace a necklace that is fake. In simpler terms, Mathilde and her husbands lives were touch in a bad way. She only cares about her happiness and does not even think how is her decision is going to affect others and her life later. In order for her to attend the occasion with her husband, she makes Monsieur Loisel go out of his way to purchase a new dress for her. After all, she is not gratified with the effort; she comes to a conclusion to borrow a diamond necklace to fulfill her happiness. At the end, she loses her charm. Not only does she have to pay for it, her husbands life also comes to devastation. In life, she should always be happy with the little she has. Hopefully, Mathilde learns her lesson and recognizes the value of what she has

Consumer Goods :: miscellaneous

Consumer Goods A few years ago I was walking around my old hometown, Portland, Oregon. I walked past a basketball court full of teens wearing Ambercrombie shirts and Nike shoes. "Bro, why don't you get some of these cool clothes, rather than that boring and odd shirt you have on? one of them said to me. "No, thanks. I like what I have on." I wasn't going to let them persuade me to waste my money on expensive popular clothing when I already liked what I was wearing. As you can see by my experience, many Americans, especially high school students, shop to "look cool" by wearing popular clothing. They emphasize wearing the right type of clothes. For instance, an adolescent clothing addict named Delia Cleveland believed "clothes made the woman and everything else was secondary" (193). Teenagers buy the right clothes so they'll be popular. In high schools today, many students are seen with an "Ambercrombie & Fitch" label or shirt bearing the name of the company. That's because they "repeatedly rank it near the top in terms of coolness." (Cave 199). By wearing the A&F clothes, people see them as "cool" and therefore respect them. However, it's not always about wearing a certain company's clothes to look cool; it can be about wearing the right color clothes or buying caps that show a logo of a sports team. Why do teenagers make such a big deal out of wearing the right kinds of clothes? A big reason is the fact that many of them go to rough high schools, so they have to wear the right type of clothes, because if they don't, they might get picked on. I have had many friends in this situation. This can make them get used to wearing popular clothing, and then they really start doing it, possibly even to show off their clothes. Luckily I've never had to go to high school (I was homeschooled), so I haven't had to go through with looking cool by wearing popular clothing. IN my opinion, clothes are clothes, and it doesn't make any difference what they look like. But in America today, often that's not the case. Another reason people buy what they buy is because the media influences them greatly, with symbols and rule-breaking strategies. On the telvision today I often see commercials influencing the viewer to buy a prodcut, one way or the other.

Effects of reality tv on teens Essay

Although reality TV is fascinating and full of drama, it still has an enormous effect on today’s youth. Throughout the years reality TV has become popular and it has attracted different age groups. But one group that reality TV attracts would be teens. Now I am not talking about all teens, but some teens do look at the actions of the television stars and think what they’re doing is â€Å"amazing†. When teenagers watch reality shows it opens their eyes to a lot of sex, vulgar language, and drugs. Allowing teens to be exposed to this much disapproval behavior is dangerous and can later bring problems later on in life. My best friend younger sister, who is fifteen, is starting to live the life of a reality star. She wakes up early for school, tired, from the previous night. She enjoys staying up all hours of the night just to be able to catch her favorite show, â€Å"The Bad Girls Club.† Wanting to be free, and doing whatever she feels like doing. Saying anyt hing she wants to whomever, going out partying with all her friends, open to try drugs (weed), ready to try and have sex. At a young age she wants to do everything like these â€Å"bad girls† do. Is it healthy? No, going out every weekend and partying is making her tired. All this â€Å"freedom† that she’s getting is making her not want to study for school. But watching these reality shows isn’t healthy for a fifteen year old. According to Mullings â€Å"The impact of heavy television viewing and the effects it has on young viewers has been a dominant topic since the 1960s. With the ever-changing landscape of television programming, reality television has become increasingly popular, especially among the pre-teen and teen audiences† (Mullings) Body: What exactly is reality TV? Well, according to LiveStrong â€Å"reality television consists of programs which purport to showcase people appearing as themselves in a variety of different contexts. Many reality programs revolve around competitions; others feature celebrities in their everyday lives.† For example â€Å"Jersey Shore† is about these Italian New Yorkers that only cares about partying and having sex. Another example would be â€Å"The T.I and Tiny Show† these two open their home to the public eye to see what they do and how the act on a daily basis. I am not saying that all reality shows  are horrible or not healthy for you, but some of the shows that they do play on television aren’t safe for young people eyes. Although there are pros and cons to watching reality TV, the pros seems to outweigh the cons. Teens that view shows like Teen Mom, Jersey Shore, or even Real World expect that maybe they can do the exact thing the reality star does. Beyond the reality shows teens, preferably girls, connects reality shows with social media. The teen girls go out partying, just like the reality stars, and spend majority of the night taking pictures of them and their friends. Just like in â€Å"Jersey Shore†, when Snooki and J-wow, goes out to a club it’s always about â€Å"selfies1† and when it is the right time to post the picture on social media. 1. Mullings, Natifia. â€Å"REALITY TELEVISION AND ITS EFFECT ON THE ACADEMIC ACHIEVEMENT OF INNER-CITY HIGH SCHOOL STUDENTS .† (2012): n. page. Web. 8 Apr. 2014. . 2.

Primary Sourse

Erin Gaudette AP Prep History Block 2 Primary Sources ‘Governor Berkeley Reports,’ American Spirit, pages 33-34 (#A2) LAST QUESTION & ANSWER ONLY (#23) ‘A Contract for Indentured Service,’ American Spirit, pages 62-63 (#A1) ‘A Servant Girl Pays the Wages of Sin,’ American Spirit, page 69 (#A4) In the late 1600s Virginia was governed by Sir William Berkeley. In 1671, London asked Berkeley a series of questions including a question about the teachings of Christianity.He responded by saying, â€Å"our ministers are well paid, and by my consent should be better if they would pray more often and preach less. † Governor Berkeley also believed that children ought to be taught religion by their parents. He said, â€Å"But, I thank God, there are neither free schools nor printing, and I hope we shall not have these hundred years. For learning has brought disobedience, and heresy. † I don’t agree with what Governor Berkeley believed. He contradicted his own beliefs. He talked about how he was against new ways of thinking or new ideas.He wanted everyone to believe in the Christian religion. If Berkeley wanted everyone to stay with traditional ideas, why would he have wanted individual families to teach religion? Wouldn’t it be less likely to create free thinkers if one minister taught the children the religion instead of individual families? Berkeley wants to prevent any form of heresy, yet he is provoking it. Indentured servants were often lower class people in England who would work for a number of years and would then be set free.In return for their work they would be given free passage to America by their owner. In 1635 a list of requirements were written for the servant and owner to follow. The form included orders for the owner to provide the servant with food, drink, clothing, shelter, free passage to the new world, and after their years of work are over to provide them with corn for a year and 0 ac res of land, In my opinion, I think this contract is pretty fair. The contract makes the indentured servants seem like employees for a job. The indentured servants aren’t being forced to work; they are making the ecision to. Also, in return for their work they’re being repaid by their owners. The contract seems to give both parties a reasonable payment which makes the contract fair. Although I agree with the methods and payments of indentured servants, I don’t agree with the punishments some servants received. I do think some of the servants behaviors should be looked down upon, but I also think the punishment they faced was a bit harsh. Charles City County Court in Virginia has a record that shows how harsh the punishments got.Elizabeth Hatcher owned servant Anne Parke. When Anne Parke had a child her years of work were doubled. Every indentured servant and their owner had a contract for the amount of years they worked. Therefore, when Anne Parke’s contr act was doubled, it was violating her rights. I personally think the system created for indentured servants was fair, but since the agreement was not always followed it wasn’t carried out equally. The system could have been successful if both the owners and servants had followed it properly.