The Market Business Questions Essay Example | Topics and Well Written Essays - 1500 words

The Market Business Questions - Essay Example According to the article, the price of eggs has more than tripled and this may have a similar effect on the prices of biscuits. The market for biscuits will be affected in the sense that high prices caused by an increase in the cost of an input will increase the price of biscuits. The demand for biscuits will fall drastically given the fact consumers are price conscious. According to the rule of demand, customers are willing to buy more at fewer prices and buy less at higher prices. This is illustrated by the diagram below: P D P2 P1 D Q2 Q1 Q The sale of biscuits will no longer be lucrative because businesses will be recording low sales volumes. This will result in most of the business closing down such lines of businesses or resort to importing biscuits produced outside the British market. This can be explained by the fact that foreign biscuits are produced cheaply hence less expensive. Textbook economic theory would agree with the statement â€Å"it is no longer about price, it i s about supply.† According to the law of supply, all other factors being equal, as the price of a good or service increases, the quantity of goods or services offered by suppliers increases and vice versa (Altman, 2004, p. 39). Suppliers will be more willing to supply eggs given that they fetch very high prices in the market. This is to maximize profits from the supply of eggs. This is explained in the diagram below: P P2 S P1 S Q1 Q2 Q Q2. A mixed economy is characterized by the presence of both public and private institutions. The two institutions are involved in addressing the needs of consumers and solving economic challenges that may exist in the market. Consumer needs and demands can be addressed adequately when the institutions utilize existing opportunities in making goods and services available in the market. According to principles of economics, scarcity refers to a situation whereby the available resources in an economy are not adequate to meet the needs of the econ omy. This results in consumers having some of their needs unsatisfied. Depending on the demands of consumers, the government has the responsibility of analyzing and determining their level of importance in improving the welfare of the consumers. The government also determines the appropriate procedures to be used in addressing such needs. Opportunity cost can be defined as the cost of a foregone alternative. For instance, the concept opportunity is best illustrated in a situation whereby someone decides to become an entrepreneur after completing college. In such a case, the person gives up the chance of getting fulltime employment and the opportunity cost of his decision to become an entrepreneur is the monthly income and allowances attached to the fulltime job. The two concepts of scarcity and opportunity cost are very important to the government given that the government collects revenues and uses them in running the economy. The government has the responsibility of making sure th at the economy is running smoothly by spending its revenue on essential projects. Government spending should be influenced by a number of factors such as challenges, costs and benefits of such projects. The government needs to develop a list of all the projects it intends to put in place and determine their relevance to the economy (Cassel, 2002, p. 122). This means that the governme

Cantaloupe Description Essay Example for Free

Cantaloupe Description Essay The Cantaloupe At first glance, the cantaloupe looks round and light grayish-tan, with a hint of green. From afar it looks round and plain, about the size of a peewee soccer ball. On approach, the circular shape is less perfect with subtle dents and bumps all around. Surrounding the sphere shaped fruit are light tan lines like a dense city map with all the streets intertwining and curving around without any significant pattern, not geometric like gridlines. On the surface, there are small matchbook sized patches color the skin, some more yellow and other patches that are darker green. A particular indention looks like the fruit might have laid on a rock on the ground while it was growing. One end, where the flower might have once been, is the palest of yellow circles. On the opposite edge, the stubby vestige of a stem remains. This dried up nub is the brown and shriveled, slightly indented from the rest of the globe. Surrounding the stem is a dark circle of hunter green. Picking it up from the counter, the weight of this globular object seems significantly heavier than it looks, like a mini bowling ball. Despite the volume, it feels that the weight is not solid which is proven by the hollow sound the fruit makes when tapped, like patting a child on the head. The delineated lines feel like webbing and give the fruit a rough feel, but it’s not an uncomfortable roughness. The experience is somewhere in between a prickly cactus and a furry peach. At this point my mind starts to wander. Should I cut it open now or wait? Should I take a break? I look outside at the fat flakes of snow coming down outside and remind myself to get back to the task at hand. There is no resentment or anger. I look again at this object I have assigned myself to detail. When I am at a loss as to how to describe something in particular my mind wandering happens more frequently. I continue to focus my attention back to the cantaloupe as soon as I realize I’ve been distracted. I hold the cantaloupe to my eye. There is a faint line of brownish green that runs through the net-like lines covering the fruit. Some of the spaces between the lines look like parks because they’re darker green, while others ook grey like the concrete of a parking lot. My mind wanders again and I start to look to see if there are any recognizable maps in squiggles. I see a roundabout that reminds me of an intersection in England and another resembles the neighborhood where I grew up. The intertwining layers of the lines remind me of overgrown vines on a wall covering another layer of skin. The underneath layer has the vague look of green splotches, almost veins, like the streaks that run through blue cheese. I thump the cantaloupe again. It substitutes as a drum to make a tune. Apparently it has different thicknesses inside because the sound it makes when you knock it on the end is a higher pitch than when you rap it in the middle. One spot must be particularly thick because the sound is more substantial. Rubbing the skin makes the same sound as rubbing your hands together on a dry winter day. I try to make other noises using the produce, but intuition tells me that the only way to get another sound is to drop it on the floor. I’m not willing to do that. Before cutting into the orb, I notice a whiff of eau-de grocery store produce aisle a bit past its sell-by date. The smell isn’t strong and it’s only when I touch the fruit to my nose that I smell this. I then sniff each different area of the outer layer and notice that where the flower once might have been the smell is much stronger and sweeter. I scratch my finger nails on the rough skin, but it doesn’t affect the scent the way it would with an orange or lemon. It’s time to cut into the orb. Even as the knife makes the first gouge, clear pale orange juice escapes. I lick my fingers and find the sweet taste refreshing and different. Although the juice is the color of a Satsuma mandarin or a commercial worthy carrot, it tastes nothing like either. Slicing the melon in half, the cantaloupe now resembles a geode, with a plain outside and a brightly colored exotic inside. It’s filled with seeds and goo in the center. The slimy innards resemble the finest angel hair pasta, but instead of being the color of regular noodles, they are varying shades of orange, some even translucent. I carve out this gooey inside and the sweet smell now fills the air with its cloying tropical fermented flower mell. Friends who have been watching a movie in the other room come to see if they can have some, the smell having tempted them away from what they are doing. Ironic, because I’m no longer interested in the cantaloupe and ready to toss it into the composting bin. I send everyone away so that I can continue on. The meaty flesh isn’t too tough, nor is it too soft. I take a bite and let the flavor rush across my to ngue. The taste reminds me of summers on the farm eating the freshest fruits and vegetables straight out of the garden still warm from the sun. There’s a touch of salt in the taste, but the sweetness overpowers it. In spite the firm texture, the fruit feels soft and chewy and the volume of nectar is astounding. The tissue is softer and moister than the similar essence of a pumpkin and more compact than the inside of a fig. Squishing the orange flesh with my fingers, it all but dissolves into juice. What little remains is the finest of strings as soft as silk. I find a seed still attached, that I missed. The kernel is a flat oval with semi-pointed ends. Like a flat football with the air taken away, but miniscule in comparison. It’s almost as though the surrounding fibrous slime is dissolving in the air as I watch. I break open a seed using my fingernail. It’s soft and waxy, not much there. I take a wedge of the sliced cantaloupe and look at the difference between the skin and the edible meat. Like a rainbow, the color changes from thick rind on the outside to the orange moist, fleshy core on the inside. Like the color spectrum, the differences in shades are subtle, but quick. A yellow stratum is the most predominant, but considering the layer in question is less than an eighth of an inch thick, this golden subcutaneous layer isn’t very big. I make sure there isn’t anything I’ve overlooked and to check my notes for missing descriptive words. I’m shocked to look at the clock and see that more time has passed than I would have expected. I went several hours without checking my watch; something I can only do when I’m not bored. Learning to look beyond the obvious is something I already knew how to do. I enjoy observing people and watching facial expressions for meaning. What I’m not good at it is sitting still and holding my attention for long periods of time. Exercises like this help to train my brain to â€Å"settle own, focus, and catch up† as local monologuist Josh Kornbluth says. While I had to make a few self directed corrections along the way, I was fairly pleased that I was able to block out a significant amount of what was going on with family and friends in the other rooms and outdoors. Yes, there were a few times that my attention wandered, but I was back on track in seco nds rather than hours or days. The reward at the end was to finish a paper I was happy with and to share the small remainder of the cantaloupe with my friends while on a weekend away. Mission accomplished!

The Catcher In The Rye :: essays research papers

Escape from the truth In 1950 J.D. Salenger captures one of society’s tragedies, the breakdown of a teenager, when he wrote The Catcher In The Rye. Holden Caulfield, a fickle â€Å"man† is not even a man at all. His unnecessary urge to lie to avoid confrontation defeats manhood. Holden has not matured and is unable to deal with the responsibility of living on his owe. He childishly uses a hunter’s hat to disguise him self from others. The truth of his life is sad and soon leads to his being institutionalized. He tries to escape the truth with his criticisms. Knowing he will never meet his parents’ expectations, his only true friend is his eight-year-old sister Phoebe, to whom Holden tells that he really wants to be ‘the catcher in the rye†. Holden admits his only truth and shows that Phoebe is his only friend. Another form of escape for Holden is his acting, which he uses to excuse the past. Holden has tried to lie, hide, and blame his way through life; when he find s that it is not the answer he collapses. Holden is a pathological liar. He lies, some times for no reason. Holden says his name is Rudolf Schmidt, who is acutely the janitor, to Mrs. Morrow on the train. He continues to lie throughout the conversation and avoids getting together by saying he has a tumor in his brain. This is the type of lies Holden tells. One reason for this might be that he is trying to hide his true identity. He does not want people to know who he really is or that he was kicked out of his fourth school. Holden is always using fake names and tries speaking in a tone to persuade someone to think a cretin way. He does this when he talks to women. While he is talking to the psychiatrist he explains peoples reactions to his lies like they really believe him, when it is very possible that he is a horrible liar and they are looking at him with a â€Å"what are you talking a bout?† expression. Holden often lies to the point where he is lying to him self. To Holden ever one is a â€Å"phony†, and every one has a problem that he feels he needs to exploit. While Holden is speaking to the psychiatrist, he criticizes each person as he meets them in his story.

Between 1820 and 1860

Between 1820 and 1860 there were a few fundamental differences between the economies of the North and South. How far do you agree? BY beckY10036 Between 1820 and 1860 there were a few fundamental differences between the economies of the North and South. How far do you agree? Between 1820 and 1860 there were problems in America that resulted in the civil war in 1861, the economy affected the North and South during the civil war, and some major differences helped win the civil war. However this does not mean that the economy had many undamental differences.For example the methods of earning money were different, but overall both earned roughly the same amount of money. Firstly, the main difference was that the North relied much more on money from industry and manufacturing, as they had more connections with foreign countries, and more factories were built. In the North in 1860 there were 74,000 factories producing two thirds, of goods for America. Whereas in the South there were only 2 major factors: Textiles factory in South Carolina and an Iron works in Virginia set up in 1840.Although they had fewer factories, the Iron works was vital, as it supplied the North with weaponry during the Civil war. In 1850 the South only produced 10% of the nations manufactured output. However the South did lack the industrialisation because their agricultural methods were so effective they had no need for change. The South was also very traditional and disliked change, whereas seven out of eight immigrants had chosen to settle in the North, and they had seen new ideas in other places in Europe so were welcome to change.This is shown by the South's labour orce being reduced from 82% to 81% over 60 years, on the other hand, the North's labour force was reduced from 68% to over the 60 years. This is however not a reflection on the North rapidly reducing agriculturally, because they still relied on agriculture, and a lot of the North was still rural. Around the urban areas, the popu lation was increasing as towns and cities were developing swiftly.As the North had smaller but still prosperous farmers known as yeomen, they did not earn as much money through agriculture, because they did not have many or any slaves at ll, so they could not produce the high quantities that the south did. Farmers that had lots of land were called plantation owners; there were many more plantations in the south, and when the cotton gin was created in 1793, there was a boom in cotton, and the benefit of having slaves increased. This made Southern plantation owners invest their capital in the Slaves, because they produced so much cotton, which was very lucrative. 5% of slaves worked in cotton which shows how much money was made out of it. The South needed to transport their goods to the North so that it ould be transported abroad, but there was a lack of transport in South, as they only had 35% of the train tracks, which affected them in the Civil war. This meant it was fairly expensi ve to transport the cotton, but they still received a good amount of money it hey lived near a train track. When the cotton arrived in the North the Lowell factory system meant the manufacturing of it was very cheap, which meant the North earnt a large margin on it.Although the danger of the South investing all their money in Slaves was that when slavery got banned, they lost a lot of money, which was partly hy they were so keen to keep slavery. However only one quarter of the population owned a slave, as they were expensive (in 1860 they were $1800 which was double the price in 1820). The North's economy was based on free labour whereas the South's was based on slave labour, which meant that the North's economy was more stimulated by the presence of workers with money who could buy products, which would make money for the company, which in turn would increase wages or hire more workers.The South's economy was largely devoid of this benefit. Essentially, the conomy in the South was weaker and only based on a few important exports (cotton, tobacco, and sugar). This made the South less diversified, as they focused their sales on cotton. Another difference is tariffs; in 1828 congress passes a controversial high protective tax. This majorly benefitted the North as they were the main distributors. However the South were very worried about this because they believed that if they stopped buying the expensive foreign goods, then foreign countries would stop buying their goods, as they would have tax on them too.This affected the economy ntil the tax was promised to be reduced after the law in 1833. In contrast the North and South didn't have many fundamental differences. They both created a lot of money, and were not lacking at all, the only difference was the method in which was used to make the money. The economic diversification was similar too, as 10% of Northerners owned 68% of the wealth, and the wealth was dominated by the plantation owners, called oligarchies , as there were few free-soilers. 12% of the plantation owners owned half the slaves.This shows that there were few farmers, ut the big plantations owned many slaves. Even though the North seems to be more industrial, the South also made efforts to modernise industrially, but they Just lacked because of the closed opinions of the southerners. Also not many people in the North and the South owned slaves, it was more of a rare thing, and the main owners, owned a large amount of slaves. However there was a larger need for slaves in the South, because there was cheap labour force from Europe settling in the North which meant slaves were more expensive so were not deemed as important.Overall I think there ere many differences between the North and South between 1820 and 1860. Some affected the outcome of the Civil war such as the transport boom, and the industrialisation in the North, but a fundamental point is that numerically they have equal amounts of income; there were Just different methods to earning the money. However the differences were major; the amount of industrialisation, and amount of agriculture, the manufactured output, and the need for slaves, was all very different for the North and South. The main similarity was the economic diversification.

BASF Case

When we speak on BASF’s efforts to restrict stakeholder pressure, the stakeholders, whom we are referring to, are the town’s commission and its populace. The two primary efforts which BASF has made to resist their pressure are: assuaging their fears and subverting their demands.Now, BASF attempted to their assuage fears by claiming no third party waste would be brought to this new waste facility. They also claimed that all waste, whether toxic or non-toxic, would be incinerated and, thus, should pose no threat to the townspeople.Additionally, BASF released two printed volumes which detailed how the waste would be incinerated. And, repeatedly, the company assured the public that building the new plant would create jobs and be perfectly safe for the community. They proclaimed that there would be no harmful effect on the environment now, nor at any time in the future. On the subversion end, BASF used many techniques. They cajoled the county commission into selling the prop erty without requiring appropriate background data and environmental information.Also, they altered their proposal after submitting it to the town council, and the data which they released was highly suspect according to a local professor. They also used high powered lawyers in efforts to push through the land’s sale and to obtain the appropriate environmental certification. This certification would allow the plant’s development to proceed. All of these tactics were a subversion of the local townspeople’s trust and wishes. However, these have been relatively affective measures in resisting stakeholder pressure, and, likely, the plant will be built.