Market Structure - 2924 Words

Forms of Industrial Organization, Market Structure, and Pricing Karl University MBA 501 Abstract The team will identify the four market structures, Pure Monopoly, Oligopoly, Monopolist Competition and Pure Competition in the forms of industrial organization. Pure Monopoly is one firm or company that controls the whole market whether there may not or may be substitutes. Oligopoly is a market dominated by a few large producers of a homogeneous or differentiated product. Monopolistic Competition consists of large number of sellers, with differentiated products making it easy to enter to and exit from the industry. Pure Competition is an economic model that describes a hypothetical market form in which no producer or†¦show more content†¦This is not always the case when there are cost to run the business and shift in resources needed to maintain the business. Faced with continuing losses, in the long run the firm s owners will move their resources to alternative industries that offer better profit opportunities (McConnell and Brue Chapter 24). The businesses that comprise Trinity s Energy Equipment Group manufacture structural wind towers, containers for the storage and transportation of liquefied gases and other liquid products, an d tank heads. Trinity Structural Towers, Inc. is a leading U.S. manufacturer of structural wind towers. Trinity Containers, LLC is a leading producer of tank containers, storage tanks, spherical tanks, and several types of cylinders. Trinity Containers, LLC, using the brand name TATSA ®, is the larges liquefied petroleum gas container manufacturer in Mexico (Trinity Industries 2001). The monopolist is engaged in price discrimination, the practice of selling a specific product at more than one price when the price differences are not justified by cost differences (McConnell and Brue Chapter 24). Under these conditions, the monopolist can increase its profits by charging different prices to different buyers. Trinity must adhere to certain conditions in order to conduct the price. These conditions include monopoly power, market segregation, and no resale. A prime example of price discrimination occurs at theShow MoreRelatedMarket Structure Of The Company Essay1088 Words   |  5 PagesMarket Structure Introduction There are four types of market structures and they are monopoly, perfect competition, monopolistic competition, and oligopoly. What is a market structure? A market structure is â€Å"the makeup of the companies operating in a particular market.† Why is the market structure important to the producer as well as the consumer? It distinguishes the difference in seller numbers, buyer numbers, seller entry barriers, and buyer entry barriers. The main differences in market structuresRead MorePerfect Competition : A Market Structure1942 Words   |  8 PagesWhen trying to top look for a market structure to fit your needs a person should start with perfect completion, monopolistic competition, oligopoly, and monopoly. These four market structure are used by business to aid the businesses in producing and selling products. Perfect competition is described as a market structure that has many sellers and buyers that produce the same product and they are allowed to leave and exit the in dustry at any time. Free entry and free exit is a crucial characteristicRead MoreDifferentiating Between Market Structures Essay1260 Words   |  6 PagesDifferentiating Between Market Structures Yvonne C Rivera ECO/365 May 16, 2013 Paul de la Pena Abstract There are many TV service providers available in the U.S; however there are only two companies that offer services via satellite. Dish operates within the monopolistic competition market. Dish has been in business since the early 1980’s and has gradually worked its way up to become one of the leading satellite provider and innovator of new technology. In 2013 they offer service to overRead MoreMarket Structure Of An Economics Perspective Essay1728 Words   |  7 PagesIntroduction Market structure from an economics perspective is defined as the characteristics of the market that impacts the behavior or way firms operate, which economists use to determine the nature of competition, and pricing tactics of businesses in the market. Within a market, the market structures are distinguished by key features, including the number of sellers, homogeneous or differentiated goods or services produced, pricing power, level of competition, barriers to entering or exit theRead MoreThe Impact of the Internet on Market Structure8084 Words   |  33 PagesTHE IMPACT OF THE INTERNET ON MARKET STRUCTURE Bruno Cassiman** Sandra Sieber** RESEARCH PAPER No 467BIS July, 2002 * Professor of General Management, IESE ** Professor of Information Systems, IESE Research Division IESE University of Navarra Av. Pearson, 21 08034 Barcelona - Spain Copyright  © 2002, IESE Do not quote or reproduce without permission The PwCIESE e-business Center is a joint initiative of IESE Business School and the professional services firm PricewaterhouseCoopersRead More The Main Categories of Market Structures Essay1668 Words   |  7 PagesCategories of Market Structures Recent industry analyses typically have strong relation with economic theories. There is a theory, belongs to microeconomics, divides industries into categories according t the degree of competition that exists between the firms within the industry, i.e. the theory of Alternative Market Structures. This essay based on three questions divides into 3 parts to explain and evaluate the questions. This essay (PART A) outlines the main categories of market structuresRead MoreThe Market Structures Of A Market Structure962 Words   |  4 Pagesfour market structures that function in the worldwide market. Each of these market structures correlates with one another to create the demand and supply of the market. However, these market structures have some unique traits that no other theory can have alike. Therefore, a comparison and contrast is necessary to distinguish each of these theories from one another. These market structures of the economy are perfect competition, monopoly, monopolistic competition, and oligopoly. These market structuresRead MoreMarket Structure And Functions Of The World Economy1832 Words   |  8 PagesAssignment Student name : - Md Mokshed Hasan Student id : - 614181 Part one: - Market structure and functions Q1,a) Financial markets:- It’s a marketplace where buyers and sellers participate in the trade of assets like equities, binds, currencies and derivatives. Financial markets are well-defined by having transparent pricing, rudimentary regulation on trading, cost and fees and market forces determining the pieces of stocks trade. Its participants need to fulfil some of certainRead MoreMarket Timing and Capital Structure for Baker and Wurgler1526 Words   |  7 Pagesequity when their market values are high, relative to book and past market values, and to repurchase equity when their market values are low. We document that the resulting effects on capital structure are very persistent. As a consequence, current capital structure is strongly related to historical market values. The results suggest the theory that capital structure is the cumulative outcome of past attempts to time the equity market. Introduction â€Å"Equity market timing† refersRead MoreMarket Structure Of The Market Structures1779 Words   |  8 Pagesmayor to look at various market structures. I plan to provide excellent information and answer all the questions that will help the mayor understand the market structures of many of the businesses in his city. According to Arthur Levitt, the tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues (Levitt, n.d.). Market structures are being used daily to help foster companies. Describe each market structure discussed in the course

The Issue Of Gun Control - 2239 Words

The topic of gun control is always discussed in various conversations. Lately, the topic has been brought up a lot more from all the shootings going on in the country. Since then the government has become extremely strict about selling and buying guns and everything about them. But, should the government regulate the buying and selling of guns or should they regulate the owners of the guns? Should the government make sure the owners of the guns are using them in the right way and making sure they lock their guns in a secure place where another person can t get to them? The government is attacking gun violence in the wrong way. They should stop making new laws on the selling and buying of guns and put laws into effect to make sure gun owners are provided the correct information on how to keep everyone safe. This may lead to better laws on selling and buying of guns. Information and communication is more important than jumping the â€Å"gun† and banning gun sales and other unre alistic laws. These laws are enraging consumers and making them even more furious and they are making rash decisions. History has brought us to a point of decision making between saving lives or giving people the freedom to make their own decisions on gun ownership and control. â€Å"The goal is obvious: protect the former while minimizing the chance of the latter† (Wolchover 1). Gun ownership and control are defined in different ways. Gun ownership is well known for hunting reasons and protection. InShow MoreRelatedGun Issue And Gun Control1401 Words   |  6 PagesUniversity, Gun Politics has been a course I have aspired to take. While many enroll in such a course looking for an escape from the â€Å"collegiate liberal echo chamber† or as an outlet for their conservative agendas, I saw the class as an â€Å"entrance to the dark side.† My views on guns prior to the class were, I would call, polarized yet uninformed. In most of my discussions, I would cite the Australian 1996 National Firearms Agreement as precedent for how American politicians should approach the gun iss ueRead MoreThe Issue Of Gun Control Essay1646 Words   |  7 Pagessomebody who wants to inflict harm on other people to get his or her hands on a gun.† (Simple Minded Gun Control). Gun control is a controversial issue worldwide. The reason why this has attracted so much attention is because not everyone is in favor of gun control and each side brings up excellent points about the issue. Research related to this issue strongly supports the claim that there SHOULD be more gun control laws. Three arguments that prove this position are (1) Incidents like Sandy HookRead MoreThe Issue Of Gun Control1489 Words   |  6 Pagessplit on the issue of gun control. We have seen many violent shootings and innocent people dying because of gun violence. Some Americans believe we need strict gun laws to protect our children and ourselves from these horrific tragedies. Other Americans believes it is our rights as Americans to posses’ guns and we are entitled to that right in our const itution. There are also some Americans that are stuck in the middle and can see both sides but recent events have definitely caused this issue to be inRead MoreThe Issue Of Gun Control1031 Words   |  5 Pagesintegrate them in a way that will trigger a new viewpoint on the subject. Gun control is something that should be enforced across the world in order to save lives. In the United States there is a ratio of 88.8 guns per one hundred persons (GunPolicy.org). Those numbers award us with the highest total per capita number in the world. With that amount of firepower there needs to be an efficient way to regulate who exactly can purchase a gun. Since 1791 when the second amendment was ratified there have beenRead MoreThe Issue Of Gun Control1705 Words   |  7 Pagesaway without preface or reason. All someone needs to do is pull the trigger. In today’s world, guns are far too accessible to the people of society. We hear in the news, stories of mass shootings, homicides, and suicides; most of which are caused by the activation of a gun. A hot-button issue, gun control is one of the most debated topics in American politics. Should we, or should we not, be able to own guns? Although it infringes on the Second Amendment that provides the right to bear arms, this amendmentRead MoreThe Issue Of Gun Control951 Words   |  4 PagesGun control has been a big topic for the past decade in the united states. These debates will rise and fall time in and time out after something horrific happens in the state. Anti-Gun supporters do not realize that it is extremely difficult to regulate something in the states that is a big portion of our economy.Would stricter gun laws change anything? So far statistically It has been proven otherwise one must consider how a citizen would defend themselves when they are faced with terror. How willRead MoreThe Issue Of Gun Control929 Words   |  4 PagesGun Control Getting arrested yesterday was not the highlight of my week. I was hungry; so I went to Wal-Mart get some charcoal, lighter fluid, and steak. I put the charcoal in the grill and the lighter fluid on the coals. I got a little lighter fluid on my arm, but I didn’t pay it much attention. I lit the match and threw it on the coals. I looked down and my sleeve was on fire. I was waving my arm in the air, trying to put it out. Then here they come the police pulled in and tackled me to theRead MoreThe Issue Of Gun Control1552 Words   |  7 PagesThe issue of gun is always controversial. Firearm can be used as defending or an assaulting weapon. In United States, firearm increase the rate of homicide, suicide and gun violence, which can harm and murder people. Moreover, taking away people’s gun will not work effectively because the murder and criminal will find another ways to get guns. Also, the black market will appear for the people who cannot get guns from regulated market s. In addition, if regulated guns are banned, murderers may useRead MoreThe Issue Of Gun Control1678 Words   |  7 PagesJanuary 2014 The 2nd Amendment Over the past few years, the issue of gun control has been widely discussed. You surely have heard the phrase, â€Å"Guns don’t kill people, people kill people† uttered and i wholeheartedly support this statement. It is important to treat guns responsibly so they do not end up in the wrong hands. I believe gun control violates our inalienable rights. Another piece of our liberty will surely be taken away if guns are banned, and socialism and totalitarianism will be rightRead MoreThe Issue Of Gun Control1208 Words   |  5 PagesWill Christopherson Traverson English 2 1 March 2017 Gun Control The United States has 88.8 guns per 100 people, or about 270,000,000 guns, which is the highest total and per capita number across the globe. The current public gun control debate in the United States seems to be placed on standby until it is sparked up by a major mass shooting. There were at least 126 mass shootings between January 2000 and July 2014.(pro). Opponents of more gun laws accuse supporters of using a horrific event to further

Effect of Imprisonment on Young Delinquents-Samples for Students

Question: Discuss about the Effect of Imprisonment on Young Delinquents. Answer: Introduction Progressively, research focuses to the negative impacts of detaining youth guilty parties, especially in adult detention centers. Research has demonstrated that detainment neglects to meet the formative and criminogenic needs of youth wrongdoers and is restricted in its capacity to give fitting restoration. Detainment regularly brings about negative behavioral and psychological well-being outcomes, incorporating continuous engagement in culpable practices. In spite of the fact that imprisonment of youth wrongdoers is seen as a vital methods security of the society, explore demonstrates that it is not a compelling alternative as far as either cost or result. The extreme behavioral issues of adolescent guilty parties are a consequence of intricate and intelligent individual and natural variables, which inspire and keep up culpable conduct. In this way, the concentration of successful treatment must be tending to such criminogenic needs and the various "frameworks" in which the youngste r originates from. Current research shows that with a specific end goal to accomplish the best results for youth wrongdoers and the overall population, community based, socially supportive methods like group counseling and other supportive methods should be used to treat the young offenders rather than imprisoning them. Theories on Punishment There are two theories of Punishment, which generally exist, one is Utilitarian and another is Retributive(van der Geest, 2016). The utilitarian postulate of discipline tries to disdain guilty parties to dishearten, or "deflect," future criminal activities. The retributive theory seeks to punish guilty parties since they require to be punished. Under the utilitarian theory, rules should be made to keep the people happy. Utilitarians comprehend that a society free from crime is impossible to exist, but they choose to punish the criminals as it is needed to achieve discipline in the future of the society. The utilitarian postulate is consequential by nature(Lambie, 2013). It believes that discipline has results for both the criminals and society and holds that the total wellbeing delivered through the discipline ought to pass beyond the aggregate malice. One outline of consequentialism in discipline is that a prisoner suffering from a deadly sickness. On the off chance that the prisoners is going to die really soon, society is not in any way benefitted by the persons imprisonment as he will never be again fit for carrying out any type of crime. Rehabilitation is another method followed in utilitarian theory(Baglivio, 2014.). Rehabilitation aims to improve the abilities of the offenders so that in future they can alleviate the ir social position and does not resort to a life of crime(Krohn, 2014.). The criminals suffering from drugs problem or from any mental illness are treated while staying in their period of rehabilitation, it also includes certain programs to develop certain skills in the detainees so that they can benefit from these skills in the later stages of their lives when they get out. The other theory that existsis retributive; it counters the idea of utilitarianism. In this theory the criminals are punished because they deserve it, it emphasizes on the nature of the crime committed and punishes a person because he was involved in the wrongdoing, not for the betterment of the society(Taylor, 2013). According to retributive theory, human beings governs their own actions, thus unless the person is mentally incompetent he/she is responsible for their own actions and deserves to be punished if they disturb the balance of the society. Theories on Imprisonment of Young Offenders Imprisonment has profound effect on the young people who gets criminally charged. Two theories have been developed about how the young inmates are affected by imprisonment or incarceration. Irving Goffman, an American sociologist conducted a research on the experiences of the inmates inside a prison, his research focused on the difficulties and humiliation faced by the inmates. Gresham Sykes another sociologist describes in his work the levels of pain endured by the prison inmates(Martinez, 2013). These analyses have helped in developing modern theory of deprivation, it discusses the ways incarceration effects the lives of the prisoners in short term as well as in long term basis. Sociologists developed another theory after analyzing the deprivation theory model and stated that the cultural ideologies, beliefs and social upbringing determines the behavior of the inmates in the prisons, this theory is known as the importation theory(Kinner, 2015). According to this theory, the feeling of deprivation does not influence the inmates but the pre acquired attributes of the person while he was in the society dominates his actions inside the prison. The theories of importation as well as deprivation have been tested on the young offenders in prison. It has been seen that the juvenile offenders experience incarceration differently than the adults(Indig, 2016). The experience of imprisonment during the adolescent period can affect the individuals negatively and can lead to more serious consequences in the future.The youth goes through a lot of development or changes during this period of time so if they face such serious consequences it may lead to abnormal development. The Transition from Adolescence to Adulthood This study talks about the markers, which can be identified in individuals that indicates that they are attaining adulthood (Larson, 2016). It can include marriage, development of relationships with other individuals, having children or jobs, living alone. There is no certain sequence in the development of these markers. In this period of transition to adulthood, an individual experiences certain biological and psychological changes. A person attains adulthood once the individual has developed social skills, attains interpersonal relationships, can govern ones own action without any supervision, and develops a unique identity. Psychological Maturity and Crime There are several links, which has been seen between criminal activities and in the transition of an individual. A person who does not feel responsible towards the society or the community as a whole is more likely to cause harm to the society. The social development of a individual relates with their community, schools, colleges, family and friends. Acts of delinquency is quite common inyouths, most of these acts remain hidden but some of them come into the attention of the justice system(Mears, 2014). The youths who get detained by law feel withdrawn from the society, family, friends and community along with the pressure of adjusting with the transition. The theories of importation and deprivation can help in analyzing the impact which imprisonment can have on the delinquents. Although the positive and negative effects of incarceration has not been proved but it is true that the young people experience a lot of problems after being incarcerated. The Negative and Positive Effects of Juvenile Incarceration in Adult Courts Positive Effects Justice for Severe Crimes While adolescents might be kids, they ought to be able to differentiate between right and wrong, particularly in extraordinary conditions. Victims and their families still deserve the feeling that justice has been served and the offender has been punished even if the person is an adolescent. Justice System Focuses on Age than Crime The courts meant for youth have a strong inclination to pay attention to the age of the delinquents as contradictory to the actual method and purpose used behind the committing the crime that they are held responsible for (Gonalves, 2016.). A ten-year-old kid who displays no such regret for his crime that he committed would be given less of punishment anyway considering his age. Mental Development Begins Much Earlier Majority of the States see kids to be grown-ups when they attain 18 years. This age is not enough for the complete development of their character. In the event that they do not have the ethical morals ingrained in their character at that age, in this age they can be expected to commit more crimes Adolescent Crime is Increasing In the recent past there has been several records of numerous crimes committed by the young delinquents. This is a horrifying truth as it shows how the young people are avoiding the rules and regulations increasingly.(Scott, 2016. ). Quite a lot of the young criminals know about the existence of several loopholes in the youth justice laws and they use that information further to serve their own purpose. Trial by Jury A jury is absent in the courts meant for the young people, and the young people who have committed crimes do not go through a proper trial. The judges instead talk with a social worker or a mediator and decide what will be the best forms of punishments for the young criminals. Negative Effects High Risk for the Juvenile offenders One of the serious issues of the juvenile delinquents is that they can be sent away to the prison meant for the seasoned criminals if they go for a trial in courts meant for adult offenders. This is severely detrimental, particularly because they are very young and do not have the mental composure of an adult. Majority of these young people do not have the sense of right and wrong and they are unable to deal with the situations they face in the prisons meant for the grown ups. Message of Lost Hope When the young people are punished by harsh methods then they feel hopeless and believe that they do not have any chances for having a bright future, they will only be marked as a criminal for the rest of their lives. This is alarming for the young individual and their families. No Variety in Punishments Judges in youth courts have the ability to impose curfews, imprisoning the delinquents in their own homes rather sending them to prisons (Parker, 2014.). In adult courts the judges have no such other alternatives and they have to sent the prisoners to jails. Criminal Records Remain Crimes which are in the juvenile records hold comparatively less weight on the future of the concerned individual than those records which they might have on their adult record(Holligan, 2015.). By sentencing the youths in adult courts, it is likely that the persons adult criminal record will affect him/ her in future. This completely destroy their life and the records will haunt them throughout their entire lives. Conclusion In any case to conclude, the impacts of detainment demonstrates that possibly detaining adolescents isn't the most ideal approach to teach them. It demonstrates to diminish teenagers inspirations to graduate and get a higher compensation while likewise leaving kids discouraged and getting comfortable with tensions. References Baglivio, M. E. (2014.). The prevalence of adverse childhood experiences (ACE) in the lives of juvenile offenders. Journal of Juvenile Justice., p.1. Gonalves, L. D. ( 2016.). Institutional infractions among young prisoners: a longitudinal study. . The Prison Journal., pp.462-484. Holligan, C. ( 2015.). The Cake and Custard is Good! A Qualitative Study of Teenage Childrens' Experience of being in Prison. Children Society., pp.366-376. Indig, D. F. (2016). Predictors and correlates of re-incarceration among Australian young people in custody. Australian New Zealand Journal of Criminology., pp.73-89. Kinner, S. D. (2015). Substance use and risk of death in young offenders: a prospective data linkage study. Drug and alcohol review, , pp.46-50. Krohn, M. L.-2. (2014.). Effects of official intervention on later offending in the Rochester Youth Development Study. Labeling theory: Empirical tests, pp.179-207. Lambie, I. a. (2013). The impact of incarceration on juvenile offenders. Clinical Psychology Review. Clinical Psychology Review, pp.448-459. Larson, M. S. (2016). With or without you? Contextualizing the impact of romantic relationship breakup on crime among serious adolescent offenders. Journal of youth and adolescence., pp.54-72. Martinez, D. a. (2013). Informal social support among returning young offenders: A metasynthesis of the literature. International Journal of Offender Therapy and Comparative Criminology., pp.169-190. Mears, D. C. (2014). The true juvenile offender: Age effects and juvenile court sanctioning. Criminology., pp.169-194. Parker, A. M. ( 2014.). Sport in a youth prison: male young offenders' experiences of a sporting intervention. . Journal of youth studies., pp.381-396. Scott, E. B. ( 2016. ). Young Adulthood as a Transitional Legal Category: Science, Social Change, and Justice Policy. Fordham L. Rev., p.641. Taylor, I. W. (2013). The new criminology: For a social theory of deviance. . London: Routledge. van der Geest, V. B. (2016). The effects of incarceration on longitudinal trajectories of employment: a follow-up in high-risk youth from ages 23 to 32. Crime Delinquency, pp.107-140.

The Little Prince Quote Analysis Essay Example

The Little Prince Quote Analysis Paper Quote 1: â€Å"When you’re finished washing and dressing each morning, you must tend to your planet. † The Little Prince’s planet could be a metaphor for a number of things. My interpretation is that the Little Prince living on his own little planet is equal to a person that lives in their mind, or in â€Å"their own little world†. So really I view the little planet as a smaller simpler view of the world. And when I apply that perspective to this quote, it takes on a whole new meaning. The Little Prince spends a few minutes each day tearing up the baobabs that grow on his planet. As a metaphor, this seems to me to be akin to meditation, or something similar. At least a few minutes each day, I suppose, should be spent in the mind, sorting out one’s thoughts and pulling up the baobabs. If you spend too much time outside your little world in the adult world, there is a good chance that the baobabs will grow too large and outgrow your little world. Quote 2: â€Å"Only children know what they’re looking for†¦ They spend their time on a rag doll and it becomes very important, and if it’s taken away from them, they cry†¦Ã¢â‚¬  Children possess a certain view of things that most adults don’t understand. We will write a custom essay sample on The Little Prince Quote Analysis specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Little Prince Quote Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Little Prince Quote Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer A child’s focus is very narrow. The child only sees the here and the now, and throws all of his focus upon it. When the child is given the rag doll, he focuses on the rag doll, and begins to understand it. The rag doll becomes meaningful to him. That is why the child cries when the rag doll is taken away. For that moment the rag doll was his entire world, and his entire world was taken away in an instant. As the child matures and becomes an adult, he learns new things and his point of view broadens. If an adult is given a rag doll, he won’t understand it as the child does. He has a job and a car and a girlfriend, so a rag doll does not matter to him. It’s silly for him to be given a rag doll. The adult does not focus on just one thing at a time as the child does. He looks at the broader picture and decides that the here and now is not so important. Furthermore, when the child cries after the rag doll is taken away, the adult cannot understand why. He does not understand the child’s point of view because he does not understand the child. And perhaps he doesn’t understand the child because he compares the child to other things. The adults always try to look at the big picture, but maybe the big picture would be easier to look at if they only look at one part at a time. Quote 3: â€Å"When I was a little boy, the Christmas-tree lights, the music of midnight mass, the tenderness of people’s smiles made up†¦ the whole radiance of the Christmas present I received. † A point repeated by the author and portrayed nicely in this quote is that tangible things are valueless. It is the experiences surrounding them that make them important. An example is the narrator and the Little Prince’s journey to the well. Had the well been closer to his crash site, it would not have tasted as sweet because the experience surrounding it would not have existed. In fact, by the well being in such close proximity, the narrator’s entire experience would have held much less meaning. But because he had to work and struggle for the well and the repair of his plane, it made the water, and his survival, all the sweeter. Many adults want money and power, but many will not accept the fact that money and power must be earned, and that the money and power does not seem worth it without having worked to achieve it.