Competitive markets, monopolies, oligopolies as types of markets Essay

Competitive markets, monopolies, oligopolies as types of markets structures - Essay Example This means that the seller has a lot of authority and control over the market conditions such as price and supply. Some of the characteristics of monopolistic market structure include little quantity or absence of substitute products, large barriers to market entry, little or no competition, while seller has a great authority over market conditions, prices are determined by the seller, insignificant difference exists between the industry and firm. Additionally, the demand curve for monopolistic markets is downward sloping, which simply means the seller can sell less at a higher price, or vice versa (Nicholson, & Snyder, 2008, p. 491). Unlike in competitive markets, monopolistic markets have the upper hand in setting market prices. Since the firms or the sellers have little to worry about competitors, they can set the prices above the marginal costs. They can set the prices above the normal profits as would be in the case of competitive markets. Additionally, the seller can influence supply, thereby determining the price by either selling more at a lower price or selling less at a higher price. The maximum possible price will be where marginal cost, marginal revenue, and demand curve intersect. Although monopolies can maximize profits in several ways, the output is largely determined by marginal cost and marginal revenue. The seller will continue increasing the output, as long as marginal costs are lower than marginal revenue. The maximum profit will be realized when the difference between marginal revenue and marginal cost is maximum. Since the seller is the price determinant, it is possible to regulate the output such that the profit obtained is maximized when other market conditions are considered. Monopoly markets have many market entry barriers as compared... It is evidently clear from the discussion that competitive markets are characterized by unlimited number of buyers and sellers, all trading on the same or similar commodity in a manner that the prices of the commodity are largely determined by the market forces. Therefore, a single individual or a small fraction of the buyers or sellers has little or no impact upon the price. Once the prevailing market forces set the price, buyers or sellers have no option but to go with the offered prices. Monopoly type of market structure refers to a market whereby there is little or no competition on the offered commodity. This means that the seller has a lot of authority and control over the market conditions such as price and supply. Some of the characteristics of monopolistic market structure include little quantity or absence of substitute products, large barriers to market entry, little or no competition, while seller has a great authority over market conditions, prices are determined by the seller, insignificant difference exists between the industry and firm. Oligopoly is a market structure whereby few sellers dominate the market. Unlike in monopoly form of market structure, oligopoly players can hardly make independent decisions since the other market players will react in response. Therefore, the decisions of one player are under the influence of the others. Few large firms characterize the market structure, each firm is appreciably large in comparison to the overall market, similar or close substitute products, and large barriers to entry.

Bloodstain analysis Essay Example | Topics and Well Written Essays - 1250 words

Bloodstain analysis - Essay Example On that fateful Tuesday night, on March 14th, 1995, they seemed to be enjoying themselves while having drinks at a local bar. Bonnie had left office at 7.15pm to meet with Warren; they kept drinking while at the bar until 11.09pm. Their house was situated just four miles away, and this was good since they were drunk. Thirty minutes after leaving the bar, Warren made a call to 911 (Mann, 2010). On the recording, Warren is frantic; he can be clearly heard in the background yelling as the dispatcher contacts the paramedics. Even though Warren is panicking, he tells the dispatcher that his wife had shot herself. Warren notifies the dispatcher that his wife is turning blue; he is instructed to begin CPR. Warren obeys the instructor, and this is confirmed as he can be heard breathing into his wife’s mouth. After another call, he tells the dispatcher that his wife had shot herself in the throat and that she is still breathing. By the time the law enforcement and the paramedics arrived at the premise, Bonnie Horinek had already died. She was lying on their matrimonial bed, dressed in a pink nightgown that clearly shown that she had been shot in the chest. Warren was busy trying to resuscitate his wife by performing CPR. The paramedics informed him that she had already died, but he could not stop. He could not heed any of their instructions, and this led them to drag him ou t of the room (Mann, 2010). The crime scene had two different weapons placed on the bed as observed and recorded by the police. A twelve gauge Winchester shotgun was placed at the edge of the bed, and a thirty-eight caliber revolver was placed next to Bonnie. The house had no signs of a break-in, and this meant that no one else was at the house. The police observed two scenarios; the husband killed his wife in one of his drunken outbursts or either she had killed herself. From the beginning, Warren claimed that his wife shot herself. As the investigations continued,

Ethical Behavior Essay Example for Free

Ethical Behavior Essay In this paper, I am going to discuss the importance of ethical behavior and its significance in persuasion. I will also define two ethical theories and finally, I will explore the impact that ethical practices have on persuasion. Persuasion is extremely important in ethical behavior. It is what mothers use to teach their children to make the right decisions. It can also be used by drug users to convince the insecure teen to try a drug for the first time, in order to fit in with the crowd. Persuasion can be life saving or deadly. Such is the case of Phoebe Prince, a young fifteen year old teen who committed suicide in January of this year. According to an article in the New York Times, she had transferred to an American school from Ireland and was eager to make friends. She attracted the attention of a football star at the high school, who apparently had recently broken off a relationship with another girl. It was this girl who persuaded her friends to join in belittling Phoebe any chance they could. The taunts grew more and more violent and abusive, until they turned in to physical threats. After three months of being bullied every day, Phoebe decided to give her accusers exactly what they wanted. She escaped the only way she knew how; by hanging herself in the apartment stairwell when she came home from school. This power of persuasion is not unlike Adolf Hitler’s hatred against the Jewish people. The more people they were able to persuade into joining in the tirade of accusations and unethical behavior, the stronger the momentum became, until death was imminent. Fortunately, people are beginning to recognize the seriousness of bullying. The Swedish Work Environment Authority Act suggests that, â€Å"Preventative interventions should include whole community awareness campaigns about the nature of bullying and its dangers. Efforts should also be made to enhance the emotional and organizational environments in school and work settings by promoting sensitivity, mutual respect and tolerance to diversity while prohibiting bullying† (Srabstein and Leventhal, 2010). Persuasion is the key to preventing this behavior for future generations. Although there are several if not many ethical theories, Utilitarian ethics is one that is used often. This theory is based upon the reasoning that â€Å"the right act is the act that produces the greatest benefits for everyone† (Waller, 2005). It is this reasoning that persuasion comes into play. Utilitarianism strives to â€Å"maximize pleasure and minimize suffering for everyone† (Waller, 2005). With the basis that the right act will produce the greatest benefit, persuasion can be used to guide a person into committing the right act. For example, many people agree that shoplifting is wrong, because the effects from stealing from another cause more suffering than pleasure for all involved. Persuasion can be used to try and reason with the potential shoplifter so they change their mind and decide not to steal. However, persuasion can also be used to coerce the shoplifter into taking the item, using peer pressure to entice. Either way, utilitarian ethics involve choices or choices involve persuasion. Another theory of ethics that can be impacted by persuasion is the theory of rights. These rights are put into place by the society in which someone lives. In the United States, we have our Constitutional Rights, which lists what our forefathers deemed to be used to guide its citizens in their quest for life, liberty, and the pursuit of happiness. There is also the ethics of human rights, such as enforcing the death penalty. In Europe after World War II’s death and destruction, the Council of Europe was created as a way to protect human rights. This included abolishing the death penalty. What began as ten countries quickly grew to include 47 nations. When Ukraine joined the Council of Europe (CE) in 1995 (Bae, 2008), an immediate moratorium on executions was expected to be compliant with the other nations. Ukraine ignored the moratorium and it was during this time that executions actually increased (Bae, 2008). The Council of Europe was able to persuade Ukraine to abolish the death penalty using the threat that they could not continue to let Ukraine be a member of the CE if they did not comply. However, the people of Ukraine, as well as other countries in the CE, were in favor of the death penalty. Their citizens were trying to persuade Ukraine to continue the executions. Ultimately, even though Ukraine was in favor of the death penalty, under the persuasion of the CE, they ultimately chose to abolish this law in order to maintain their continued membership. It is easy to see how ethics and persuasion ultimately coexist with each other and how they can be used in both, ethical and unethical situations. For every right or reason a person believes in, there was the initial persuasion that led them to those beliefs.

Behavioral Jealousy Essay -- Psychology, Behavior

Behavioral jealousy are actions that occur between an individual who is experiencing envious thoughts and how they internalize and react to the stimuli. Pfeiffer and Wong (1989) â€Å"conceptualize jealous behaviors as the detective/protective measures a person takes when relationship rivals (real or imaginary) are perceived. Detective actions include questioning, checking up on the partner, and searching the partner’s belongings† (p.183). Research suggests that behavioral jealousy is used to maintain relationships. Relationship maintenance refers to either positive or negative behaviors that occur between two individuals in order to maintain a healthy communicative balance. Dainton and Gross (2008) specifically discuss the repercussions that negative behaviors such as jealousy induction may have on relationship maintenance. For instance utilizing negative maintenance behaviors such as jealousy to react to a relationship is negatively associated with relationship satisfaction. This research is tied in with the idea of social support and how individual respond to their partners. Researchers agree that jealousy in relationships can have a negative impact, yet also enhance romantic feelings and satisfaction based on how jealousy is initially communicated (Dainton & Gross, 2008; Yoshimura, 2004). â€Å"An essential idea behind this study is that the ways in which jealous individuals communicate their jealousy influence how the target communicatively responds. The results showed that targets of jealousy expressions most strongly respond in the style of the initial expression† (Yoshimura, 2004, p. 95). The way jealousy is expressed initially based on attitude and mood can affect the response of the partner and at shaping and guiding the relat... ...e a parallel correlation from offline jealousy behaviors. Groothof, Dijkstra, and Barelds (2009) suggest that â€Å"as for offline acts of infidelity, men compared to women are more upset by a mates sexual infidelity over the Internet, whereas women, more than men, are more upset by a mate’s emotional infidelity over the Internet† (p.1126). Research also suggests that besides socio-cultural and evolutionary jealousy based on gender differentiation; further research should focus on individual’s cognitive social perspective pertaining to jealousy emotion. Harris (2002) suggest that â€Å"individuals clearly vary in their susceptibility to feelings of jealousy†¦the degree of jealousy will be determined by the appraisals people make regarding the seriousness of a threat† (p.11). With that said, further research on sexual jealousy triggers should be further investigated.

Publix Supermarket History Essay

Publix Supermarkets, Inc. is the largest employee supermarket chain and fastest growing company in the United States. It was founded in 1930 by George W. Jenkins and opened the first Publix store in Winter Haven Florida is a employee- owned privately held corporation. Publix is has over more than 1,061 supermarket stores, eight grocery distribution centers, twelve brand manufacturing facilities, and 820 Publix Pharmacies. The manufacturing facilities produce its dairy, deli, bakery, and other food products. Our stores are located in Florida- 752, Alabama-51, Georgia- 180, South Carolina- 45, and Tennessee- 33. Publix built its first distribution in Lakeland, Florida and moved its headquarters there from Winter Haven in 1951. At that same time, the All American were closed and replaced with Publix Supermarkets. The donut shops in each store expanded their bakery into full- service in 1957. Each Publix store provides specific services and products in its grocery, produce, deli, floral, bakery, seafood, and meat departments; some of the stores contain sushi bars, cafà ©Ã¢â‚¬â„¢s liquor store and pharmacy department. Publix created and introduced Greenwise Markets to increase awareness of nutrition providing organic and natural items. Publix mission statement is â€Å"Our Mission at Publix is to be the premier quality food retailer in the world. To that end we commit to be: Passionately focused on Customer Value, Intolerant of Waste, Dedicated to the Dignity, Value and Employment Security of our Associates, Devoted to the highest standards of stewardship for our Stockholders, and Involved as Responsible Citizens in our Communities. Publix’s slogan is â€Å"Where Shopping is a Pleasure†. We have more than 153,000 associates employed with Publix Supermarkets, Inc. A variety of services are offered by Publix. Services such as presto atms, gift card center, floral, special item request, online easy ordering, apron recipes and event planning, prescription refills, and Publix merchandise. They also have several fascinating clubs and programs; wine guide, baby club, preschool pals, family style magazine, Publix paws and upromise program. Publix states the nine reasons why you’ll feel great about working at Publix good, friends, benefits, ownership, stability, career growth, helping others, community spirit, diversity and planet earth. There are several services offered by the pharmacist to help manage your health. They offer a diabetes management system, free prescriptions on selected medications, flu and immunizations, health screenings, Medical I.D., prescription transfer, Flavorx, insurance plans, health center and generic drugs. The main competitors in the national grocery chain are Kroger, Whole Foods, IGA, and Supervalu; several regional grocery chains including BI-LO, Winn-Dixie, Ingles, Fresh Market, Sweetbay, Piggy Wiggly consolidated with warehouse and retail chains including Wal-mart, Costco, Kmart, Target, BJ’s Wholesale and Sam’s Club. Publix for 15th consecutive years has been named as one of the Fortune 100 Best Companies to work. It has never had any layoffs even though some stores have closed and new ones have opened. Each year, the company issues shares of its stock to eligible full- and part-time employees, and cash dividends earned on these shares are paid directly to employees. Publix is a highly established and successful supermarket with friendly service and an immense array of products. They offer â€Å"buy- one- get- one- free† deals which vary from week to week on several products within the store. Publix Supermarkets budget along with other facts are made available to the public. SEC documents contains several of Publix annual, quarterly, proxy, current and other reports where you can retrieve the specific report. Even through the terrible economic hardships we have had worldwide Publix has managed to make a good profit, offer promotions, still open new stores, and never layoff any employees. References http://www.publixstockholder.com/servlet/ProxyServlet?path=/stockholder/Document.do&seq=1&SECDocumentId=7958&curPage=1&selectedDocumentType=-99&selectedYear=-99 http://www.publix.com/careers/Home.do

The War I And World War II - 911 Words

There are many countries in the world that have a great history. Their antiquity benefited them in one way or another. One of these nations is France, which is known to have glorious events in the past. These events have made France the way it is now. For example, World War I, and World War II. However, these events were not the only thing that had a major role in France’s history some people are involved as well, such as Napoleon Bonaparte I and Louis Napoleon III. Those two men controlled France once and made it a great country. Napoleon Bonaparte I is known to be one of the best war chiefs the world have ever seen. Napoleon Bonaparte I was the emperor of France in 1799. He conquered many lands in Europe while he was the king to expand the French empire. Those are called The Napoleonic Wars. Some of the countries that he conquered are Italy, Holland, and Spain. France was one of the biggest kingdoms at that time. But he lost his throne after 10 years because he made a lo t of enemies from these wars. A party was initiated by LouisXVI against Napoleon Bonaparte and defeated him after three years. However, LouisXVI did not do well in ruling the empire. He collapsed the nation’s finance and led it to bankruptcy. When Napoleon saw his empire starting to vanish, he returned and began a revolution. The people supported him because the current king was destroying their country. So he won in the revolution and crowned as a king again. After that he immediately got into warShow MoreRelatedWar I And World War II919 Words   |  4 Pageshistorians debate rather World War I and World War II were two different parts to the same war or if they are separate and distinct wars. Even though World War I and World War II were very different wars, and there were many years in between the two, the outcomes of World War I caused for World War II to happen because of unresolved issues. World War II is a continuation of World War I. World War I lasted four years and was the first total war in history. Before World War I Europe was doing well theyRead MoreThe War I And World War II1660 Words   |  7 Pagesin thehistory of the world were World War I and World War II. World War I occurred from 1914 to 1918. World War I was caused by militarism, alliances, nationalism, imperialism and assassination (MANIA). The first four causations were more of a build-up to it. Then, once the Arch-Duke Franz Ferdinand was assassinated, the buildup was sparked. This can be compared to pouring gasoline on the ground and then lighting it on fire. World War II occurred from 1939 to 1945.World War II was caused by the discontentRead MoreWar I And World War II1517 Words   |  7 PagesThroughout history the United States has been involved in many different wars. Their involvement has brought forth many significant events and changes that have affected the American way of life. 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This paper is here to inform you of all of the propaganda used to persuade people to follow Hitler, the Nazi party, and Stalin, terms that were used during this time period, and some of the very important people involved in World War I and in World War II. In the heat of World War I there were two groups, the Allies and the Central PowersRead MoreThe War I And World War II881 Words   |  4 PagesCOMPARISONS The second half of the twentieth century was very troubled for many countries. Immediately after World War II, another war would start; the Cold War. Fortunately the Cold War was not near as bloody as World War I and World War II, but it was also harmful to multiple countries. At the time, Democracy and Communism were fighting against each other to be the most dominant ideology in the world and consequently the most influential one. Africa was colonized by many European countries and Democracy

Global Crime Analysis - 1134 Words

Global Crimes Analysis University of Phoenix Cynthia Butler CJA/394 April 16, 2012 This paper will identify the various major global crimes and criminal issues that affect national and international criminal justice systems and processes. In addition, there will be a comparison and contrast of the different criminal justice systems and how they have addressed major global crimes and criminal issues. Global crime is an issue that threatens the safety and security of people all over the world. Global crime can be international drug smuggling operations, human trafficking, or international prostitution rings. Weapons trading are also a problem that exists all over the world. There are always†¦show more content†¦An example of this is the central European countries, which is a centralized system. This means that the police are almost like a military force. In contrast, the British operate on a decentralized platform, which means that they operate more closely to the community than a centralized force. The Russian police have a hard time with more sophisticated crimes such as money laundering or drug trafficking. The Japanese criminal justice system works well because of police involvement with the citizens. Japan is studied by many police researchers around the world because of the low crime rate. However, in contrast many police entities in the Middle East countries do not strenuously try to block to global criminal offenses. In Afghanistan, the Taliban was accused of working with Al Qaeda to plan and execute the September 11th attacks in the United States. Terrorism is the biggest global crime that has been identified in the 21st century. The United States is leading the fight against terrorism by striking terrorist targets all over the world. There are many countries that treat terrorism as a military action and many treat the crime as a police action. An example of this would be the country of Australia, which treats terrorism as a police action and the Australian Federal Police and police tactical force deals with the crime of te rrorism, while Austria uses the EKO Cobra team and Austrian Military Police to deal with terrorism. In America, manyShow MoreRelatedAn Ethnography Of Wall Street986 Words   |  4 PagesEmploying a Gender Lens When looking at the issue of corporate crime, it becomes apparent that gender is a factor that can play a significant role. Within the article An Ethnography of Wall Street, it is described that because of a social hierarchy, the majority of those in CEO positions are white males while those in lower positions tend to be more females. As discussed in the documentary Inside Job, the males in corporations featured tended to be impulsive risk takers which can be related to theRead MoreCounterfeit Goods And The Global Market1590 Words   |  7 Pages2nd ECOFIN Kingdom of Belgium Counterfeit Goods in the Global Market Reducing the Frequency of Counterfeit Goods in the Global Market Introduction Despite counterfeit goods’ deceiving social perception, the act of manufacturing and the buying of counterfeit goods or copied products is highly destructive to the overall function of the global economy. On account of its appeal to those looking for a low risk, high profit system, many get involved in the distribution of illegal goods through sourceRead MoreThe CNN Effect: The Media and Crime Coverage911 Words   |  4 PagesMedia and Crime Coverage Introduction The manner in which mainstream media depicts various aspects of American life has a correspond effect on how these events are perceived by the American public. 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How does online news outlets cover the decrease in crime in relation to violent crime and non-violent crime? The variables that will be used are online news outlets stories and articles regarding the crime drop, and the reduction in crime (violent vs non violent). TheRead MorePoverty, Immigration, Social Welfare, And Imprisonment, By Robert Crutchfield And David Pettinicchio1161 Words   |  5 Pagesâ€Å"Cultures of Inequality: Ethnicity, Immigration, Social Welfare, and Imprisonment†, uses statistical analysis to discuss how race effects poverty, immigration, and welfare in heterogeneous and homogenous countries. The authors, Robert Crutchfield and David Pettinicchio, present two people that had theories on the culture of poverty. They were Banfield and Murray. President Bill Clinton praised Murray’s analysis by claiming that it was correct in all areas, but that his resolutions were drastic. Having aRead MoreIslam And Muslim Will Be Used Interchangeably857 Words   |  4 Pagescorrelations between American anti-Muslim hate crimes and global terrorist attacks. The thought was that because so many places were being attacked, American people would be more scared of Muslim peoples and commit more hate crimes. However there was no remarkable correlation, so we began to think of the rises and falls in American anti-Muslim hate crimes differently. In the year’s pre September 11, 2001, (specifically 1996-2000) Anti-Muslim hate crimes in the USA existed in a small percentage relativeRead MoreBig Data And Its Effect On Our Lives990 Words   |  4 Pagestherefore, I believe having an interactive map of crimes and locations of an area would help discover hidden patterns or correlations. Therefore, a Big Data project that came to my mind, that would benefit me both personally and professionally would be a community driven and location specific project, which aims to cover and notify every citizen of crimes, such as, homicides, in their designated area. This project, which could be known as Crime Watch, would also benefit me as citizen through havingRead MoreInternational Criminal Justice Trends1122 Words   |  5 Pages Introduction Crime has continually evolved thus becoming more complicated especially due to technological developments. The other factors that have contributed to crime complexity includes demographic changes for males below 30 years of age which is a crime-prone age limit; and macro-economic scales that include the unemployment rate, consumers spending power and economic stability of the region. These factors revolve around