Prob solutions Essay Example

Prob solutions Paper The elasticity of labor demand facing union B is given by: (33,000 30,000) 33, coo MO. 45 (15 20) 15 Lion B, therefore, is more likely to organize as I-OASIS < 1-21. 2. Consider a firm for Which production depends on two normal inputs, labor and capital, with prices w and r, respectively. Initially the firm faces market prices of w -6 and r -4. These prices then shift tow -4 and r- 2. (a) In which direction will the substitution effect change the firm's employment and capital stock? Prior to the price shift, the absolute value of the slope ofthe isocost line (vv/r) was 1 After the price shift, the slope is 2. In other words, labor has become relatively more expensive than capital. As a result, there will be a substitution away from labor and towards capital (the substitution effect). (b) In which direction will the scale effect change the firms employment and capital stock? Because both prices fall, the marginal cost of production falls, and the firm will want to expand. The scale effect, therefore, increases the demand for both labor and capital (as both are normal inputs (c) Can we say conclusively vetches the firm will use more or less labor? More or less capital? The firm will certainly SE more capital as the substitution and scale effects reinforce each other in the direction of using more capital. The change in labor hired, however, will depend on whether the substitution or the scale effect for labor dominates. 3. Suppose a firm purchases labor in a competitive labor market and sells its product in a competitive product market. The firms elasticity of demand for labor is [10. 4. Suppose the wage increases by S percent. What Will happen to the number of workers hired by the firm? What will happen to the marginal productivity of the last worker hired by the firm? We will write a custom essay sample on Prob solutions specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Prob solutions specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Prob solutions specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Given the estimates of the elasticity of labor demand and the change in the wage, we have that CIA [10. 4 00. 4 . Thus, the firm hires 2 percent fewer workers. Furthermore, because the labor market is competitive, the marginal worker is paid the value of his marginal product. As the product market is competitive, we also know that the output price does not change so that the marginal productivity Of the marginal worker increases by 5 percent. 4. Suppose the hourly wage is $10 and the price of each unit of capital is $25. The price Of output is constant at SO per unit. The production function is = Eek h, so that the marginal product of labor is MME = h Fifth current capital stock is fixed at 1 ,600 units, how much labor should the firm employ in the short run? How much profit will the firm earn? The fin-ens labor demand curve is it marginal revenue product of labor curve, VAMP, which equals the marginal productivity to labor, MME, times the marginal revenue of the firms product. But as price is fixed at SO, MR. = 50. Thus, we have: 1600 1 ,000 VAMP MRS.C 50 Now, by setting VAMP = w and solving for E, we find that the optimal number Of workers for the firm to hire is 10,000 workers. The firm then makes = 4,000 units of output and earns a profit of 1 10,000 ($10) = 560,000. 5. Which one of Marshals rules suggests why labor demand should be relatively inelastic for public school teachers and nurses? Explain. Public school teachers and nurses both help produce a good that is price inelastic in the United States, at least, society will always purchase education and health care. Likewise, education and healthcare do not face strong competition trot substitute goods. Finally, the production processes tort education and healthcare both require teachers and nurses. And though these talents can be substituted for to some degree by other forms of labor or capital, both are crucial to the production process. Thus, other inputs (computers, doctors, etc. ) cannot readily replace teaching or nursing services, and therefore the supply elasticity of other factors of production is not very elastic for teachers or nurses. For all three of these rules, therefore, the labor demand for public school teachers is likely similar to the labor demand for nurses.

Biology Research Paper Topics

Biology Research Paper Topics A research paper in biology is one composed of data and other important information gathered by the researcher. Accuracy of the results and clear presentation of information and data are key features in a biology research paper. Standard biological research leaves little or no room for errors. Errors found make the work irrelevant and non-usable and such work can not be presented. Study of life and life forms is quite tedious and lengthy and keeping data is not easy. Usually, much of the work done is confined within laboratories and field work. Biology is a vast subject with many categories ranging from ecology to biochemistry. Choice of a biology research paper topic will depend on the scope of work you want to do. Some topics will require laboratory work and others a review of what has been done by other researchers. A lengthy topic is disadvantageous especially when the entire work is to be done in a laboratory. Some work may require use of sophisticated apparatus and expensive materials, availability of these things should be considered before choosing a topic.Techniques used in biology research are many and a mastery of these techniques is essential. Biology research paper topics that do not require laboratory work, the sources of information chosen have to be relevant to the topic of choice. There are a number of categories in biology that a student can choose from such as ecology, plant pathology, immunology, molecular biology and cellular biology. Some of the most popular biology research paper topics include; biological pest control, effects of global warming on marine life, prevalence of HIV/AIDS in Sub-Saharan Africa, control of genetic diseases using gene therapy and ethical issues arising from the use of genetically modified organisms. Research questions, challenges and problems determine the choice of a biology research paper topic.

Compare and contrast snow crash to the matrix Essay

Compare and contrast snow crash to the matrix - Essay Example Bob Rife’s virus from spreading, Neo in the Matrix movie does the same but his fight is directed to machines. Hiro’s fight is simple as compared to the task that Neo engages into. The Matrix movie spreads a darker picture as compared to Snow Crash because of the heroic acts that Neo has to engage into to achieve justice. This paper will compare and contrast the Snow Crash novel and The Matrix Movie. As stated above, the two works present dystopian perspectives into the future where the societies in the two works are grappling with certain problems. The two societies face problems that must be urgently solved so that people can lead happy lives. The struggles can be seen in the main actors’ engagements trying to solve these issues. However, the problems are not entirely the same as in the Snow Crash, Hiro fights against the spread of the virus while in the Matrix, Neo fights with machines. Clearly, this puts The Matrix on the higher edge in terms of the magnitude of the problem. In the movie, The Matrix (1999), the audience has been put in a future dystopian society, where human beings are living a somewhat normal life but again different because they are enslaved and are used as powering gadgets for their rulers electrical requirements. They have been imprisoned and are misused to power the sentient machines. The problem arises from the fact that the sentient machines rebel against the human population because the stormy clouds blocked the sun, which acted as their main source of power. Therefore, for them to survive they have to get power from the human body heat and this is what Neo fights vehemently. Human beings are forcibly put in pods, from where the thermal energy and bioelectricity are taken out of the human beings for use by the machines. The machines also use control the minds of the human beings using cybernetic implants. This is clear in Neo’s statement where he says, â€Å"I don't like the idea that I'm not in control o f my life† (Wachowski and Wachowski). This misuse of the human beings links them to a simulated reality known as the Matrix and is what Neo tries so hard to fight against. This heroic act is like fighting against a ruler or something superior by many standards. This virtual reality world, simulated by the program characterizes the civilized world that has enslaved the minds of human beings, but cannot comprehend this. This is clearly seen when Morpheus says, â€Å"If real is what you can feel, smell, taste and see, then 'real' is simply electrical signals interpreted by your brain† (Wachowski and Wachowski). Stevenson’s depiction of the future in unpleasant but is not forsaken as people like the one Morpheus and Neo are determined to destroy the entire ruling class having attained enlightenment. For example, Morpheus says, â€Å"I'm trying to free your mind, Neo. But I can only show you the door. You're the one that has to walk through it† (Wachowski and W achowski). Despite the fact that there is similar injustices in Snow Crash where bleak institutions have replaced the democratic ones, the injustice is not similar because the human beings show the ability to adapt to the changes. In his work, Snow Crash, Neal Stephenson, portrays a similar dystopian that is present in The Matrix. Just like in the movie, where the existence of the machines upsets human beings, the existence of the lethal drug known as the Snow Crash makes life unbearable because of the dependence and makes Hiro, the protagonist determined to des

The Tyranny of the Majority Essay Example | Topics and Well Written Essays - 1000 words

The Tyranny of the Majority - Essay Example Gayism and lesbianism are two practices strictly prohibited in the Arab world, and any one seized in the practice or openly advocates to have practiced it face dire consequences. Massad observed that the supporters of gay international movement have produced literature used to disseminate information about gays and lesbianism in the Arab world. Moreover, Mossad noted the oppression in which most gays and lesbians leave in the Arab world, and most of them do not dare come out, though there are reported numerous cases of male homoeroticism. The fact that people fear coming out openly as gays or lesbians explains the precarious situation of these people in the Arab world, where culture is held conservatively, and all expected to tow a single line of culture and religion. In fact, Mossad remarks that the concept of homosexuality in the Arab world is considered unfamiliar as people do not expect to have any homosexuals or lesbians among their societies. Amar explains the perceptions of most leaders in the society towards those considered undertaking odd practices within a society. The Brazilian purity campaigns targeted prostitutes in all Brazilian cities. The prostitutes were considered an eye sore and a bad image to the cities and the country at large and had to be removed. As Amar explains, the main motive behind the massive sweeps of prostitutes in Brazilian cities was to facilitate the country clean its name not to be associated with promotion of sex tourism and prostitution. 4 The use of the church, provincial military police, feminist groups and international organizations, though obligated to help poor people involved in prostitution  targeted  getting rid of prostitutes from cities. On the contrary, the aim was not offering help to prostitutes to change their lives towards more sociable behavior. In this case, the police  were  the â€Å"moral guardians of the society and the campaigns were aimed at â€Å"disciplining the public sociability.5 This was a case of tyranny of the majority; they forced norms and values to others regardless of their views and perceptions. For many years, the American whites had protected the purity of the white race by discouraging and even criminalizing any sexual association between with whites and immigrants from Asia or Africa. Shah reported the surveillance of the borderlands that brought an ambiguity of contingency to protect American men from threats posed by different groups of masculinities, considered fo reign and degenerate.6 Therefore, racialization increased construction of masculinity in America  based on racial and sexual topologies necessary for  checking any relationships between their males and foreign immigrants. The immigrants were considered impure and a threat to the purity for the whites. Moreover, Naber explains the efforts to create Arab cultural identity especially among daughters in families.7 As Naber remarked, when a daughter rejected the concept of Arab womanhood even after migrating to a

Provocation and Intoxication Defences Essay Example | Topics and Well Written Essays - 2000 words - 11

Provocation and Intoxication Defences - Essay Example In both cases the defence of intoxication and provocation will are only partial defences with the result that if they are successfully raised as defences to murder, that charge will be reduced to manslaughter. Each of these defences and Smith’s ability to use them are discussed below. Provocation has developed as a partial defence to murder and if successfully argued will reduce murder to manslaughter. Under the law as it stands, Smith will have to show that his victim John conducted himself is such a way as to cause Smith to lose his self-control or to act in â€Å"the heat of passion† so that the killing was not pre-meditated nor was it carried out â€Å"in cold blood†.4 Sections 54 and 55 of the Coroners and Justice Act 2009 replaces Section 3 of the Homicide Act 1957 as well as the common law relative to the defense of provocation.5 Section 54 defines â€Å"loss of control† which is now the new test for substantiating a partial defence of provocation.6 By virtue of Section 54 an individual will not be guilty of murder if his/her act or omission was a result of the defendant losing self-control.7 However, the â€Å"loss of self-control† must have a â€Å"qualifying trigger†.8 Section 54(1)(c) directs that the test to be applied in determining the loss of self-control is an objective one in that: Section 54(1)(c) follows the ruling in R v James and Karimi [2006] where the court ruled that in assessing whether the defendant alleges to have suffered a loss of self-control, the jury is entitled to take into account factors other than the defendant’s age and gender.10 In applying the test delineated above to the facts of the case for discussion, Smith is a male with sufficient maturity to work as a traveling salesman. However, he has been away from home for at least three weeks and must have been eager to reunite with his young wife Mary.

Female economy

Female economy The twenty first century has seen the elevated extension of the world economy. As years progress changes have been inevitable as issues such as the financial crisis wreak havoc with economies. Following this, researchers are focusing their studies on how best to penetrate the current market and emerge unscathed despite the prevalent challenges. It is from this point of view that Sayre and Silverstein (2009) sought to examine the place of women in todays market. In their article they explore the predicament facing women and companies due to the latters failure to acknowledge the power women possess. Women are increasingly dominating the worlds market and as drivers of the world economy, they demand attention from product and service companies. Estimated to control almost $20trillion in annual consumer expenditure, they are a neglected consumer group resulting in hefty untapped opportunities. The article indicates that a majority of women feel highly underserved and sidelined by product companies. This is despite the current and growing stature of women in the society. Women have become quite powerful due to the effects of education, leadership opportunities and career opportunities. It is no longer a world where most women were uneducated; currently women dominate half of global students and this enhances their capacities for choice of consumption. Furthermore, most women are seeking to advance their career opportunities and employment is accompanied by elements of dynamic consumption needs. In the study, it is eminent that women face challenges in managing their households and finances, having too many demands and the lack of enough time for themselves. Right here is a loophole for companies to capitalize and serve women with regard to their specific needs. Sayre and Silverstein (2009) emphasize that companies must learn the strategies of selling to women especially bec ause their dominance is bound to accrue large profits. A comprehensive research study requires a concrete research problem. In Sayre and Silverstein (2009), the researchers aimed at understanding how women feel about their work and lives and how they were served by businesses. Even though the stated research problem detailed indicated the appropriate form of research methodology to be used it did not indicate the overall subject of the study. Walliman (2006, p.67) argue that hypotheses used in constructing the research problem should emerge from logical deductions from a background research of the topic. However, the article does not use ample background research as no literature review is evident in the study. In addition, while the study is keen to address the fact that women dominate todays market the research problem does not draw a connection to this fact. The research problem guides one into conceptualizing the appropriate form of research methodology and as the article progresses it is evident that qualitative methods were most ap propriate. The study chose to use qualitative research methods in understanding womens needs and their feelings on the services offered by businesses. Qualitative research is suitable in such studies which seek to understand issues comprehensively and whose qualitative data cannot accomplish the same. As asserted by Ragin (1994, p.83) qualitative research emphasizes on in-depth knowledge and a refined elaboration of images, concepts and overall perceptions. In the study, the qualitative research methods used were the questionnaire and interview methods. All these methods were web based with most of the participants being required to access web services and undertake the interviews. The web survey posted in the consultancy groups website attracted more than 12 000 women from a vast range of geographies. The survey contained a questionnaire with 120 questions about different aspects of womens lives. Such aspects included homes, careers, education, relationships, interests and activities among oth ers. This form of survey gives anonymity to participants who then feel uncompromised in answering the questions given. In addition it targets a wide range of participants and thus increases the validity of research results as participants are diverse and unbiased. The web survey was in tandem with the research goal as the questions addressed the research problem and even heightened the researchs effect through a diversified response. As a qualitative research method, the interview presents a unique form of conversation where the interviewer seeks to understand various items in the participants point of view. Internet interviewing provides for a suitable interviewing technique. With the similar advantage of anonymity, the researcher can seek answers from participants through email and other chat services. The study used internet interviewing in their study of women working in various organizations. Hewson (2003, p.45) observes that internet interviewing may limit the researcher from accessing nonverbal information expressed by participants. In a situation where the research clearly embarks on a mission of comprehensiveness, this might be a shortfall in the study. Interview conversations need to be highly structured and this prompts researchers to design specific interview questions in order to guide the process. In any research study, it is expected that various procedures are undertaken as a way of ensuring the comprehensiveness and credibility of the study. At the onset of research preparations are made on how to acquire research participants. While the article underlies the target of the survey to be women, it fails to stipulate protocol for sampling. This open web survey received responses from women and the conducted interviews were similarly addressed to women. The articles failure to outline the sampling procedure lives room for speculation and skepticism on the researchs validity and reliability. Regardless of the sampling misdemeanors, this open form of web survey attracted a sample of participants who fit in with the research outcomes perfectly. Ethical considerations in carrying out research are an integral part of any research study. Its importance is quite pertinent and omitting it may lead to dire consequences. In the article, there are no indications of any ethical underpinnings to the study. The web survey does not provide any contractual agreement detailing the object of the research and reasons for research. Whether in the web survey or interviews carried out by the researcher, they are required to make the potential research participant understand their role in the research process. Bell (2005, p.45) argues that it is insufficient when the interviewer just displays the contract and expects the participant to sign it. Seeking consent of the participants is important and the article has no evidence that these measures were taken. In the view of a lack of consent or infringed privacy, researchers are liable to facing legal repercussions which may waylay their research. Moreover, as an interviewer it is crucial to ask questions in a respectful manner which takes into consideration the various characteristics of the participants. Dealing with internet interviews may require one to infer on the appropriate time for the interview and researchers should take any recommendations respectfully. In cases of any shortcomings caused by ineffective ethical considerations, the article should have stated so. Despite this, the web survey allowed participants to engage in the study at their own time and the questions used were in no way inappropriate. Following the study the article chose six archetypes which were observed to be common amongst respondents. It is through these common characteristics that the data collected was analyzed. The data analysis is not clearly detailed as the procedures undertaken in compiling and evaluating the various responses are not outlined. The article immediately embarks on presenting the research results and findings. The six archetypes included fast-tracker, pressure cooker, relationship focused; managing on her own, fulfilled empty nester and making ends meet (Silverstein, 2009, p.49). With reference to each of these aspects, the article expounds on the factors which make women the largest consumers with regard to the products from the specific industries. Using these segments was instrumental in establishing the kind of consumers marketers in companies should aim to target. It is similarly advantageous to understand what consumers are looking for in the market and their specific needs. The key segments were well presented in a chart describing their income levels, age and stages of life. The article also extensively presents the portion of the population each type of women occupied and the percentage of overall income possessed. The article further indicated the priorities and needs of the women in each segment which gives marketers an idea of the most appropriate consumer goods for them. In the industries which presented the largest opportunities like food, fitness, beauty and apparel, women voiced their views on their experiences with these industries. For instance, women were seen to value fitness highly but it always tends to take a backseat in their lives. The reason behind this was the fact that most women often prioritized other peoples needs before their own. Thus, the lack of time provided an opportunity for fitness centers to derive fitness sessions which were less time consuming. On the other hand, the study also included responses on such industries as financial services and healthcare where women felt neglected and underserved. Considering that womens income margins are quite high and they continue to rise, they are required to access effective financial services. Women cited disrespect, stereotyping, poor advice and contradictory policies as some of the characteristics of financial institutions. It was clear that these institutions needed to review their approaches and embark on a marketing strategy aimed at keeping women customers happy. The conclusions made in the article are derived from a logical and comprehensive evaluation of the research findings. The article draws from insights on the future outlook of the worlds economy and the effects of the ever growing female workforce. The future of most companies lies at the hand of women as they make up the majority of the worlds consumer spenders. Furthermore, as the research sought to answer the research questions it studies various segments which define women and their consumer needs. As the article concludes that women will continue to experience challenges in such areas, companies must target the specific needs of women. Women are seen to respond to services which encourage love, care and respect which provide a clear picture of what companies should do in order to accrue more sales. The article has in no way illustrated limitations for the research which indicates a subjective form of study. It is crucial to indicate shortcomings of a study and cite areas where mo re research should be carried out. Nevertheless, the article is indeed quite informative and provides ample insights for marketers and companies dealing with women consumers. References Bell, J. (2005). Doing your Research Project: A Guide for First Time Researchers in Educationand Social Science. Berkshire: Open University Press. Hewson, C. (2003). Internet Research Methods: A Practical Guide for the Social and Behavioral Science. London: Sage Publications Ltd. Ragin, C.C. (1994). Constructing Social Research: The Unity and Diversity of Method. California: Pine Forge Press. Sayre, K., and Silverstein, M.J. (September, 2009). The Female Economy Harvard Business Review. hbr.org Walliman, N. (2006). Social Research Methods. London: Sage Publications Ltd.

Marijuana Legalization Essay examples -- Marijuana Law Reform, 2015

In the U.S. today, the use of recreational drugs and legislation concerning them revolves heavily around the most used illegal substance, marijuana. Marijuana is also known as cannabis, as well as a slew of other names, as it is derived from one of the three Cannabis plants: Cannabis sativa, Cannabis indica, and Cannabis ruderalis. Cannabis’ popularity can largely be accredited to its THC (tetrahydrocannabinol) content. THC is the main psychoactive component found in cannabis that produces the â€Å"high† that marijuana users may experience. The drug is most commonly rolled into a â€Å"joint†, or weed cigarette, and smoked. While weed may provide its users a feeling a euphoria, it gives lawmakers headaches as it presents several social and legal difficulties. In the United States, laws regarding marijuana vary from state to state, but the drug is generally illegal throughout the country. Decriminalization in many states allows for freer cannabis consumption, and medical marijuana allows for patients to intake prescribed drugs without any issue. With the relative availability for marijuana despite its legal standing, obvious social constraints are placed upon members of society. Cannabis has long been used as a medicinal agent. The first uses of medical marijuana can be traced to the Chinese emperor Shen Neng, and this practice dates as far back as 2700 B.C.. The use of medical marijuana has spread from China to India, to ancient Rome, and then through Asia, Europe, and Africa. The plant was used to treat any number of ailments, including â€Å"gout, malaria, beriberi, rheumatism, and, curiously, poor memory† (Understanding Marijuana 11). Marijuana was also used as a painkiller, an anesthetic, and even as a cure for flatulence. Today, the ... ...om/time/nation/article/0,8599,1912113,00.html>. Nakaya, Andrea C. Marijuana. San Diego, CA: ReferencePoint, 2007. Print. "National Institute on Drug Abuse - The Science of Drug Abuse and Addiction." Web. 30 Sept. 2011. . "Proposition 19." Voter Information Guide November 2, 2010 | California Secretary of State. Web. 30 Sept. 2011. . Robison, Jennifer. "Decades of Drug Use: Data From the '60s and '70s." Gallup.Com - Daily News, Polls, Public Opinion on Government, Politics, Economics, Management. 2 July 2002. Web. 30 Sept. 2011. . "VOTES FOR AND AGAINST NOVEMBER 2, 2010, STATEWIDE BALLOT MEASURES." Web. 30 Sept. 2011. . Marijuana Legalization Essay examples -- Marijuana Law Reform, 2015 In the U.S. today, the use of recreational drugs and legislation concerning them revolves heavily around the most used illegal substance, marijuana. Marijuana is also known as cannabis, as well as a slew of other names, as it is derived from one of the three Cannabis plants: Cannabis sativa, Cannabis indica, and Cannabis ruderalis. Cannabis’ popularity can largely be accredited to its THC (tetrahydrocannabinol) content. THC is the main psychoactive component found in cannabis that produces the â€Å"high† that marijuana users may experience. The drug is most commonly rolled into a â€Å"joint†, or weed cigarette, and smoked. While weed may provide its users a feeling a euphoria, it gives lawmakers headaches as it presents several social and legal difficulties. In the United States, laws regarding marijuana vary from state to state, but the drug is generally illegal throughout the country. Decriminalization in many states allows for freer cannabis consumption, and medical marijuana allows for patients to intake prescribed drugs without any issue. With the relative availability for marijuana despite its legal standing, obvious social constraints are placed upon members of society. Cannabis has long been used as a medicinal agent. The first uses of medical marijuana can be traced to the Chinese emperor Shen Neng, and this practice dates as far back as 2700 B.C.. The use of medical marijuana has spread from China to India, to ancient Rome, and then through Asia, Europe, and Africa. The plant was used to treat any number of ailments, including â€Å"gout, malaria, beriberi, rheumatism, and, curiously, poor memory† (Understanding Marijuana 11). Marijuana was also used as a painkiller, an anesthetic, and even as a cure for flatulence. Today, the ... ...om/time/nation/article/0,8599,1912113,00.html>. Nakaya, Andrea C. Marijuana. San Diego, CA: ReferencePoint, 2007. Print. "National Institute on Drug Abuse - The Science of Drug Abuse and Addiction." Web. 30 Sept. 2011. . "Proposition 19." Voter Information Guide November 2, 2010 | California Secretary of State. Web. 30 Sept. 2011. . Robison, Jennifer. "Decades of Drug Use: Data From the '60s and '70s." Gallup.Com - Daily News, Polls, Public Opinion on Government, Politics, Economics, Management. 2 July 2002. Web. 30 Sept. 2011. . "VOTES FOR AND AGAINST NOVEMBER 2, 2010, STATEWIDE BALLOT MEASURES." Web. 30 Sept. 2011. .