Monday, May 18, 2020

Analysis Of The Book Ole Miss Baseball - 1046 Words

#7 Ole Miss baseball takes on #6 Vanderbilt in the winners bracket of the SEC tournament. Ole Miss upset #2 seed South Carolina on day two, and took the game over #10 seed Georgia on day one in an elimination game. The Rebels are set to face #6 seed Vanderbilt now on day three, and look to advance to day four undefeated. The Rebels will have a tough road ahead of them, as Vanderbilt is playing good baseball and fighting to lock up a regional in Nashville. So here is how the Rebels can do it. Stop the offensive power. The Commodores have been hitting the ball over the wall in both of their first two tournament games. 1B Julian Infante has hit a bomb in both of their games, and Walker Grisanti hit the game winning home run against Texas†¦show more content†¦The Gamecock squad hit a whopping .290, while this Commodore squad only hits .274. South Carolina did only hit 38 home runs this season, while Vanderbilt hit 40. Again, Bryan Reynolds led the team in home runs with 12. Who do the Rebels have to stop? Reynolds struggles to hit the inside and low fastballs, so I would expect to see the Rebel pitching squad try and take advantage of that. His arm is above average at best as well, so the Rebels should be aggressive when rounding the bases and the ball is in his hand. Reynolds has a good eye at the plate and does not swing at bad pitches. He is one of the most disciplined batters in the league. [pullquote]He is very good at hitting the ball in the gap as well, but Woodman should be able to limit the damage caused by that.[/pullquote] He is very good at hitting the ball in the gap as well, but Woodman should be able to limit the damage caused by that. OF Jeren Kendall doesn t look like he would hit for power, but the talented lefty is second on the team with 9 home runs. Kendall is a player that scouts love. He is predicted to go in the first round of the MLB draft in 2017. Kendall can hit for average as well, as he is second on the team, batting .329. Kendall is a good outfielder who can throw you out from anywhere. His athleticism is one to watch for. SS Ethan Paul is just a freshman, but plays like a seasoned veteran. While he is one of

Tuesday, May 12, 2020

Progressivism And Progressivism - 925 Words

To begin the paper, I will give a summary of what progressivism is and what effect it had within the United States. Progressivism is defined as a movement that is to limit the social destructiveness effects of capitalism. Progressives look at capitalism as unhindered. That they need to extract from the markets in a capitalist system and to counterbalance the tasks that capitalism leaves such as terrible social effects. They wanted the public well being to be better off. Progressives overall did not want to other throw capitalism, but they wanted the government and policies to be constrained to be in the interest of the public good. That is what progressivism started as and continued to be when it formed in Europe and the United States.†¦show more content†¦A similar belief almost that progressives have of looking out for the wellbeing of others policy and government wise. A person who can show that socialism and progressivism is similar is Charles Sandburg, who had some of h is â€Å"Dear Bill† essays in the issues of La Follette’s Weekly in the summer of 1909. La Follette’s Weekly was founded by progressive Wisconsin Republican governor Robert M. La Follette Sr. In those essays, Mr. Sandburg expressed his social and progressive values. He states for example that he is a socialist because they were the first to fight for the abolishment of child labor. Something that progressives also took a key interest in as previously mentioned in the paper. Charles Sandburg goes further on to say that the socialists will do all it can to remove burdens in the work place such as people being underfed and overworked. Relating back to the progressive values of workers rights in the workplace. Another issue the Mr. Sandburg mentioned in his essays were the women’s suffrage movement. He felt socialist were on the right side of history when it came to supporting the suffrage movement. That woman is equal to men to vote in elections in the Unite d States. Mr. Sandburg felt this would build momentum to a greater civilization. So, as you can see, socialists and progressives share values of equality and the wellbeing of people in society. They are both looking at making a better society for people where there is equality and their wellbeing is inShow MoreRelatedProgressivism Historiography Essay2107 Words   |  9 PagesAwesome Student Mrs. Aars CIS American History 15 March, 2013 My Take on the Progressives The common thought about progressivism before the 1950s were that it was a movement by the common people to curb the excessive power of powerful people such as urban bosses, corporate moguls, and corrupt officials. However, when George Mowry wrote his Progressivism: Middle Class Disillusionment, he challenged the common idea that the progressives were middle class citizens and instead considered them toRead More Progressivism Essay1891 Words   |  8 PagesProgressivism The Progressive Movement in the late nineteenth century, early twentieth century presented quite a situation for historians to conquer. At the turn of the twentieth century political questioning was the norm. Practically every historian that writes about this time period has a different opinion of what made up â€Å"Progressive Movement,† some even going so far to beg the question if it was actually a movement or if it was more of an â€Å"era.† The two are interchanged so often that theyRead MoreProgressivism Within Twenty First Century Learning1203 Words   |  5 PagesProgressivism within Twenty-First Century Learning By Josh Fix Submitted to the Faculty of Columbus State University in Partial Fulfillment of the Requirements for the Degree of Doctor of Education in Curriculum and Leadership Columbus State University Columbus, GA July 2015 By design twenty-first century learning prepares students to be successful, contributing citizens in the locale of today’s global society. Twenty-first century learning requires students to understand how to learnRead MoreEssay about Interpreting American Progressivism2954 Words   |  12 PagesInterpreting American Progressivism The period referred to as the Progressive Era in American history is one which historians often disagree over, and as in all areas of history, there are many theories surrounding the era which sometimes contradict each other. Historians are always aware of prominent theories within the field, and they often participate in an ongoing dialogue concerning their research. One of the first historians to make a major mark regarding the Progressive Era was RichardRead MoreProgressivism : A Great Number Of Urban Middle Class1722 Words   |  7 PagesThananun Prasertsup (Nine) History Research 420 Word Count: Progressivism in the Roosevelt Corollary From 1900 to about 1920, a great number of urban middle class people began to consider problems created by urbanization, class conflict, immigration, corruption, etc. This broad movement had large effects on American politics and the name of this time, known as the Progressive Era. Not only did the progressive movement happen in the era, Latin American economic crises also occurred. Venezuela wasRead MoreProgressivism And Progressivism1108 Words   |  5 Pagesnew movement began to rise, progressivism. Progressivism spread rapidly from the large cities that began to form across America, to the smaller towns that were beginning to go from agrarian paradises to more suburban landscape. These abrupt changes in society meant changes in social conduct, and norms must change with them. With factories on the rise many men were forced to work 12-16 hour shifts seven days a week with no benefits, breaks, or safety standards, progressivism was the driving force behindRead MoreAdvantages And Disadvantages Of The Progressives1277 Words   |  6 PagesProgressivism, †¦unlike populism, whose grassroots appeal was largely confined to rural regions in the South and Mid-West, focused on the nation altogether, coming in all different forms. (Shi Tindall 778) The movement consisted of moral Christians who disliked politics. They believed that politics, †¦had become a contest between good and evil, honesty and corruption (Shi Tindall 778). Therefore, they believed the government should provide more, addressing the issues dealing with rapid urbanRead MoreThe Movement Of Stem Education1815 Words   |  8 PagesThrough philosophical foundations there emerges certain philosophies of education. Those philosophies of education can then be directly linked to issues/ problems in education today. This paper will take a detailed look at pragmatism and its link to progressivism. Then, an examination of how those principles have shaped the movement of STEM education will provide a complete overview of these early century physiological foundations to modern day education issues. There are principles and thinking withinRead MoreThe First Midterm Assignment During American History1500 Words   |  6 PagesIn other words the progressive movement was established to fix society’s ills that occurred in the late-19th century and early-20th century especially from the Gilded Ages, without including controversy and trying to please everyone’s needs. â€Å"Progressivism was wide-ranging impulse rather than a single organized movement, a multifaceted, often fragmented, and at times contradictory response to the urgent problems created by unregulated industrialization, unplanned urbanization, unrelenting immigrationRead More Populists v Progressives Essay705 Words   |  3 Pagesday of eight hours, postal banks, pensions, and the reform of immigration regulations are just some of the other views and beliefs of populists. nbsp;nbsp;nbsp;nbsp;nbsp;Progressives are activists in a political reform movement known as progressivism, which is a broadly based reform movement that reached its height early in the 20th cent. In the decades following the Civil War, rapid industrialization transformed the United States. A national rail system was completed, agriculture was mechanized

Wednesday, May 6, 2020

Bcg Paper - 1921 Words

Strategic Management BCG Matrix Written by : Afringga Qurani A.S. (008201100114) Dery Apriani S. (008201100033) Firdausi Fananiar (008201100086) Mutmainnah Hauliyah (008201100120) Putri Azizah S. (008201100023) Rizqi Mulia Raya (008201100106) Lecturer : Mr. Irfan Habsjah Class : Accounting 2 President University Jababeka Education Park, Jalan Ki Hajar Dewantara, Cikarang – Bekasi 17550 BCG Matrix Definition of BCG Matrix Boston Consulting Group (BCG) Matrix is a four celled matrix (a 2 * 2 matrix) developed by BCG, USA in 1970, to help corporations with analyzing their business units or product lines. This help the company allocate resources and is used as an analytical tool in brand marketing, product†¦show more content†¦If the question mark does not succeed in becoming the market leader, then after perhaps years of cash consumption it will degenerate into a dog when the market growth declines. Question marks must be analyzed carefully in order to determine whether they are worth the investment required to grow market share. †¢ Stars are units with a high market share in a fast-growing industry (High Market Share / High Market Growth). The hope is that stars become the next cash cows. Sustaining the business units market leadership may require extra cash, but this is worthwhile if thats what it takes for the unit to remain a leader. When growth slows, if they have been able to maintain their category leadership stars become cash cows, else they become dogs due to low relative market share. As a particular industry matures and its growth slows, all business units become either cash cows or dogs. The natural cycle for most business units is that they start as question marks, then turn into stars. Eventually the market stops growing thus the business unit becomes a cash cow. At the end of the cycle the cash cow turns into a dog. The overall goal of this ranking was to help corporate analysts decide which of their business units to fund, and how much; and which units to sell. Managers were supposed to gain perspective from this analysis that allowed them to plan with confidence to use money generated by the cash cows to fund the stars and, possibly, the question marks. As theShow MoreRelatedBcg Paper1933 Words   |  8 PagesStrategic Management BCG Matrix Written by : Afringga Qurani A.S. (008201100114) Dery Apriani S. (008201100033) Firdausi Fananiar (008201100086) Mutmainnah Hauliyah (008201100120) Putri Azizah S. (008201100023) Rizqi Mulia Raya (008201100106) Lecturer : Mr. Irfan Habsjah Class : Accounting 2 President University Jababeka Education Park, Jalan Ki Hajar Dewantara, Cikarang – Bekasi 17550 BCG Matrix Definition of BCG Matrix Boston Consulting Group (BCG) Matrix is a four celled matrix (a 2Read MoreCoca Colas Business Performance1268 Words   |  6 Pagesntroduction The research is aims to exhibit Coca-Cola’s business performance through assessing the utility of chosen business models, which mainly are BCG model and a comparison model: Ansoff’s model, present the measurements that the company has implemented in practice. The following annotations define the underlying theories and background of the model. Furthermore the annotation also exemplifies the business movements of Coca-Cola and the measurements of organizational effectiveness based on theRead MoreBoston Consulting Group Matrix of Procter Gamble’s Tide Detergent794 Words   |  4 PagesGamble’s Tide Detergent The Boston Consulting Group (BCG) Matrix allows Procter Gamble (PG) to comprehend how consumers perceive Tide Detergent based on market growth and market share. PG can utilize this information to determine if they should increase or reduce investments for their strategic business unit (SBU), Tide. This paper will discuss the relationship of Positioning, Market Share, and Marketing Research in the BCG matrix suggesting that PG should continue investing in TideRead MoreStrategic Business Unit ( Sbu )1439 Words   |  6 PagesConsulting Group (BCG) matrix and the General Electric (GE) approach. BostonConsultation Group (BCG): The Boston Consulting Group (BCG) matrix helps companies evaluate each of its strategic business units based on two factors: (1) the SBU’s market growth rate (i.e., how fast the unit is growing compared to the industry in which it competes) and (2) the SBU’s relative market share (i.e., how the unit’s share of the market compares to the market share of its competitors). Because the BCG matrix assumesRead MorePfizer s Strengths And Weaknesses Essay1627 Words   |  7 Pagescan control, and how valuable a BCG matrix is in determining which products to manufacture and market. When choosing which pharmaceutical company to choose, I ended up choosing Pfizer, due to its 150-year history, and success. The first portion of this paper will be analyzing the strengths and weakness that Pfizer possesses as well as, opportunities and threats it may face in the future. Then, I will analyze the stars, cash cows, problem children and dogs in the BCG matrix. Pfizer is one of the â€Å"world’sRead MoreToday, More Than Ever, The Ceo Of Wal-Mart Has To Undertake1177 Words   |  5 Pagesright place for change is dependent on the CEO ability to take advantages of the strategies recommended. For instance, Wal-Mart must exploit innovation and use technology to increase sales, also to build stronger relationships with customers. This paper will evaluate whether Wal-Mart is maturing or declining in the retail industry on its evolution history. In addition to using Porter s National Diamond and Boston Consulting Group to assess vertical integration and strategic position. Read MoreStrategic Management, Itc Ltd1184 Words   |  5 Pagesthe project and people who have willingly helped me out with their abilities. Shail Kunj Joshi Contents * Project Description * Overview on ITC-regarding e-Choupal * Evaluation of ITC through SWOT Analysis * Evaluation through BCG Matrix * Suggestion to ITC-for strategy * Conclusion * Bibliography Project Description The success story at ITC is driven by strong fundamentals. The first being ITC’s diverse proven capabilities. Is it sourcing high quality agri-produceRead MorePrincipled Leadership Individual Final Paper Essay1719 Words   |  7 PagesPrincipled Leadership Individual Final Paper In terms of leading a team, I regard myself as an enthusiastic and considerate leader. My colleagues on my team can always feel my passion about achieving goals as well as my consideration about others. I intend to make conversations productive by understand other’s perspectives first. I also have a high standard of integrity and apply the same criteria on both myself and my coworkers. When I was working for Deloitte, I was always the first choice forRead MoreBcg Matrix Critique1958 Words   |  8 PagesMarketing Critique: BCG Matrix Your Name Here Table of Contents Introduction 3 Concept Overview 3 Functional Critique 5 Intellectual Critique 6 Ethical Critique 7 Political Critique 8 Conclusion 8 Bibliography 9 Introduction This paper will attempt to provide a broad critique of the Boston Consulting Group Matrix in light of the ideas of Hackley (2009). In his book Marketing:A Critical Introduction, Hackley presents a framework for analysing marketing models. He suggestsRead MoreITC Product Mix, BCG Matrix1040 Words   |  5 Pagesacross India and is listed on FORBES 2000. Annual turnover - over US$ 7 billion (44000 cr) Market capitalisation - US$ 45 billion (283,000 cr) Business Segments ï  µ Fast Moving Consumer Goods (FMCG) ï  µ Hotels ï  µ Paperboards ï  µ Paper Packaging ï  µ Agri Business History ï  µ Incorporated on August 24, 1910 under the name Imperial Tobacco Company of India Limited ï  µ Company was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited

Small scale embedded generation Free Essays

Small graduated table air current energy Small graduated table embedded coevals is defined as â€Å" any beginning of electrical energy rated up to, and including, 16 A per stage, individual or multi-phase, 230/400V AC † [ 1 ] . In the instance of air current energy it is rather common to see little graduated table air current turbines as those rated less than 100kW. Small scale air current turbines offer several advantages over their large-scale opposite numbers although as a general regulation of pollex the entire cost of power coevals decreases with the size of the turbine. We will write a custom essay sample on Small scale embedded generation or any similar topic only for you Order Now Large graduated table air current energy production requires a large capital investing non merely due to the equipment cost but besides due to the really big windy sites required for installing. This makes smaller air current turbines more suited for applications such as â€Å" stray islands, individual homes, remote cabins, and street visible radiations † necessitating much less capital investing although the cost of per generated W additions [ 2 ] . The low power evaluation of little air current turbines allows the usage of technologically advanced solutions which would be hard to implement in the instance of e.g. a 5MW air current turbine. This makes the usage of a figure of smaller air current turbines with important cumulative end product power much more attractive. Furthermore, the power evaluation of a air current turbine additions with size doing environmental jobs and important noise. This makes the installing of high power rated wind turbines unsuitable for urban countries but largely suited for distant countries where the connexion to the grid is weak [ 3 ] . In the White Paper on Energy published by the UK authorities it was estimated that at 2007, in UK entirely, there were 20000 installed little graduated table air current turbines with a entire end product power of 7MW. This shows the important proportion of little graduated table air current power coevals in the renewable sector compared to the estimated 1300 photovoltaic UK installings. Furthermore, the mean cost of 7p/kWh makes little wind engineering much more attractive than solar PV energy with an mean cost of 24p/kWh but still considerable expensive compared to big graduated table systems holding an mean cost of 3p/kWh [ 4 ] . Wind turbine types There are two basic types of little graduated table air current turbines depending on the place of the rotor: horizontal axis and perpendicular axis turbines. The advantage of the perpendicular axis, besides called Savonius or Darrieus rotor, over the horizontal type is the fact that it operates irrespective of the way of the air current. Although most big graduated table air current turbines presents use horizontal type air current turbines, in little graduated table systems the perpendicular axis orientation is still rather common. The horizontal types can be subdivided into axial and cross depending on their orientation with regard to the way of the air current. Axial air current turbines are widely used in both little and big graduated table systems. Small air current turbines are offered with 2, 3 or more blades. Orientation is provided via either a tail or shaped blades [ 5 ] . The large difference of little graduated table air current turbines compared to big scale systems is that the blades are fixed and protection is offered through the aeromechanicss of the rotor. This is frequently referred to as stall control since the rotor stalls at high air current velocities offering the advantages of simpleness and less power fluctuations. The disadvantages over the pitch control method employed in big scale systems, where the angle of onslaught is controlled by altering the pitch angle of the blades, are that less power is extracted from the air current at low air current velocities while no aid is offered at start-up. Further, fluctuations in air denseness and the frequence of the grid can do fluctuations in the end product power [ 6 ] . In rural countries little graduated table air current turbines are normally mounted on a mast stopping point to a home. However in urban environments where non much infinite is available, they can be installed on the roof of a edifice. The disadvantage of this installing is the turbulency of the air created by the orientation of the infinite environing the edifice. This can be overcome by modifying the construction of the edifice in order to steer the air to flux through the turbine blades. Very little air current turbines are besides mounted on sailing boats. Finally note that with little graduated table air current turbines no connexion in the grid substation is required ; the turbine can straight be connected in the local distribution system [ 5 ] . Another categorization of air current turbines is made with regard to the velocity of the rotor. Most little graduated table systems nowadays use variable velocity turbines in which the rotational velocity of the generator alterations in order to maximize the power extracted from the air current. As a consequence, blasts of air current are largely absorbed by fluctuations of the rotational velocity of the generator maintaining the torsion, and therefore the end product power, comparatively changeless. In contrast, fixed velocity turbines maintain the rotational velocity of the rotor changeless irrespective of the air current velocity while commanding the extracted power by changing the weaving sets. Fixed velocity turbines use initiation generators and offer simpleness, dependability, hardiness and low cost at the disbursal of reactive power ingestion for the exhilaration of the generator and increased mechanical emphasis and line losingss. These losingss are caused by electromotive force fluctuations that may happen due to alterations in power as a consequence of air current velocity fluctuations. On the other manus variable velocity air current turbines use either synchronal or initiation generators and are connected to the grid via a convertor which controls the velocity of the generator. Although fluctuations in end product power are smaller and mechanical emphasis in the aerodynamic system is less than in the instance of fixed velocity turbines, the debut of power electronic devices increases the complexness and cost of the system while extra losingss occur in the convertor [ 6 ] . Generators In general two types of generators are used widely in air current turbines: initiation and synchronal generators each with its relevant advantages and disadvantages. Initiation generators have governed the industry particularly in big scale air current systems. However little graduated table air current turbines have started to be dominated by lasting magnet synchronal machines. The biggest difference of a synchronal and an initiation generator is that the former operates at the frequence of the grid while the latter at a higher frequence. In both generators the stator is made of a laminated Fe nucleus fitted with a three stage weaving bring forthing a revolving magnetic field with changeless velocity. However the rotors in the two machines are different. In a synchronal generator the field twist of the rotor is fed with a DC current making a magnetic field. The interaction between the two Fieldss causes the rotor to revolve in synchrony with the stator field. In an initiation genera tor the rotor is non fed with current but the currents are induced due to the comparative motion of the rotor with regard to the magnetic field of the stator. The difference between the synchronal velocity and the rotational velocity of the rotor is called faux pas [ 7 ] . Initiation generators can be either squirrel coop or lesion rotor type. Squirrel coop generators are really efficient and require small care but a gear box between rotor and generator must be used since they rotate at different velocities. Their ability to somewhat alter their rotational velocity for big fluctuations of air current velocities makes them ideal for usage in fixed velocity air current turbines. However their steep torque-speed characteristic together with the high inpouring currents can do terrible electromotive force depressions and do necessary the usage of a soft starting motor. The torsion velocity characteristic can be modified with the usage of a lesion rotor where the opposition of the rotor twist can alter but the overall cost of the rotor increases [ 5 page66 ] . If for illustration the generator has high inpouring currents, the opposition of the twist can be increased at start-up therefore bring forthing high get downing torsion with low current. However this opposition must be decreased at high velocities to forestall big fluctuations of velocity with relevant torsion alterations caused by the alteration of the torsion velocity characteristic. Wound rotor generators are normally used with variable velocity air current turbines and in concurrence with an optically controlled convertor that modifies the opposition of the rotor twist. In general initiation generators are efficient, although less efficient than synchronal generators, and robust while there are minimal demands for care. Furthermore their big production has dropped down the cost of industry. Another advantage is that they can merely be connected to the grid either by conveying the rotor to rated velocity and so link the generator to the grid or by linking the generator to the grid and utilize it as a motor to convey the rotor in the rated velocity [ 9 page 229 ] . Either instance synchrony is non required. The large disadvantage of initiation generators it the demand for reactive power to excite the stator nucleus which must be provided either by the grid or a power convertor. The corresponding decrease in burden power factor can be compensated with the usage of capacitance Bankss [ 6 page67 ] . Synchronous generators are expensive and require care but they are really efficient and have the large advantage of control over reactive power flow through control of the field weaving [ 8 p121 ] . This gives full control over the electromotive force at the terminuss of the generator. A disadvantage of synchronal machines is that when connected to the grid particular synchronism equipment is needed to fit the electrical angle of the AC power with the angular place of the rotor. Another disadvantage is that they are comparatively stiff machines compared to initiation generators due to their changeless velocity feature. As a consequence they respond to sudden blasts of air current or mistakes in an oscillating manner by changing merely the burden angle which can do instability and loss of synchrony. Permanent magnet Synchronous machines Power electronics Open circuit mistakes AC and DC collection effects of small-scale air current generators p.124 Suitable design†¦ p.1 Comparison of power convertor topologies p.2359 the feasibleness of edifice p.11 little air current turbines in the built.. p.1 air current power in power systems p.55 air current energy engineering toilet f. Walker page 46 Renewable energy in power systems air current energy explained How to cite Small scale embedded generation, Essay examples

Conceptual Art Essay Example For Students

Conceptual Art Essay I believe that conceptual art, as a whole, is a very one sided art form. To make a piece of art that focuses only on the concept and pretty much eliminate the aesthetic factors is, in my opinion, not good art. It seems to me that with conceptual art, the creator, most of the time is so wrapped up in the Idea, that in the long run, he or she looses the important element of clarity. What I mean by clarity is the artworks ability to convey its message or idea to the viewer. Yes, I do believe that the thoughts behind a piece is crucial, but one of the challenges an artist faces, is to be able to convey their thoughts, ideas, emotions, and reactions in some way readable to the viewer. I also think that ones artwork should have a certain finnished or composed quality to it. It has been hard for me in the past, when viewing or expieriencing coneptual art, to really connect with the artists work, because it usually has been very scattered, or the idea is to make the art look poor in quality on purpose. Take for instance a film movement called The French New Wave, in particular, a film called Breathless by Jean Luc Godard. The only thing that I could focus on was the cinematography, which was designed to look like a two year old had filmed it and maybe a three year old edited it. There are jump cuts everywhere, and there were numerous instances where mistakes in the films continuity were blatently obvious. Now, dont get me wrong, I do understand that these mistakes were purposly made, and the reason he did it was to draw the viewers attention away from the other elements of the film to focus mainly on the cinematography, but that doesnt excuse the fact that I found it very hard to sit through, which, in the long run, made me lose interest in the piece all togeather. Basically what I am trying to say, is that initally, conceptual art can be incredibly vague and boring. I also realize that conceptual art is better understood if the viewer is aware of what kind of angle the piece would be taking, which leads me to my next point. Why is conceptual art rarely explained before the piece is viewed or performed? If it obviously doesnt make sence just from viewing it, dont you think that it would be wise to cue your audience in on what it is they are about to endure. I have noticed that endurance is also a common area of exploration in world of conceptual art.

Friday, May 1, 2020

Economic Concept of Elasticity of Demand-Free-Samples for Students

Question: Explain the Economic concept of elasticity of demand in the real economic. Answer: Interview Summary The concerned assignment tries to explore and explain the economic concept of elasticity of demand in the real economic scenarios, with the intension to observe the changes which occur in the consumption patterns and expenditure behaviours of individuals when he or she migrates from one country to another country, owing to the changes in price levels and availabilities of goods and services (Cooper John, 2013). The respondent selected, is an EL Learner named Justin Manta. Being French by birth Justin has shifted in France a couple of years ago. For the purpose of completion of the assignment, she was asked questions about the differences which she observe in the price levels of different essential as well as luxury commodities between her home country France and the country in which she has been living in the recent times, France. To make the questions more targeted and comprehensive the researchers categorized the same in different sub-groups of commodities like food, clothing, transports, residence and overall utility commodities, with the aim to study the differences in the prices of these commodities in these two countries and the resulting changes in the consumption patterns and expenditure behaviours of the concerned individual (Gospodinov Ng, 2013). As can be seen from the assertions of the concerned respondent, she perceives Canada to be cheaper than that of France, in terms of the overall cost of living, when measured in terms of the exchange rate of the Canadian Dollars. She also asserts that the level of income in Canada is in general higher to some extent than that of the same in France, thereby indicating towards the presence of a higher purchasing power in Canada, as compared to France (Burstein Gopinath,2014). There apparently lies no differences in the transport costs in both the countries as perceived by the respondent though she highlights the presence of lower cab fares in Canada. On the other hand, according to her, the prices of daily necessity foods like cereals and eggs are slightly high in Canada, which is not hurting given the higher income in the country. The prices of luxury meals are however far cheaper in Canada than that of France. The resident points towards an exception in this trend, in the residential rents as the same is significantly higher in Canada than in France. When asked about the changes and adaptations in the consumption behaviour which she had to incorporate, she did not point out any such trends but highlighted that she has increased consumption luxury commodities in Canada than what she used to do in France. The following section of the essay, tries to analyse and interpret the responses received taking into consideration the economic theoretical framework of price elasticity demand. Price Elasticity of Demand The concept of price elasticity of demand, as found in the economics theories, refers to the percentage change in the demand for some commodity or service due to one percentage change in the price of the same commodity or service (Baumol Blinder, 2015). The price elasticity of demand of goods and services can be of two types, which are as follows: Own Price Elasticity of Demand- This shows the degree of responsiveness of the demand of a commodity due to one-unit change in the price of the same commodity. Cross Price Elasticity of Demand- This term shows the degree of responsiveness of the demand for a particular commodity or service due to one-unit change in the price of any related commodity, which can be substitute or complement to the commodity in concern (Nicholson Snyder, 2014). The magnitudes of elasticities of commodities vary depending upon their nature and magnitude of demand as well as importance in the life of people. If with a change in price of a commodity the demand for the same gets altered in a lesser proportion than that of the price change then the commodity is said to be inelastic in demand. On the other hand, if the change in price leads to more than proportionate change in demand then the concerned commodity is said to have an elastic demand. Figure 1: Inelastic and Elastic Demand for commodities (Source: As created by the author) In general necessity goods are found to be comparatively inelastic in demand than that of the luxury commodities. This is because, an increase in price does not decrease the demand for necessary commodities and vice versa, whereas the demand for the luxury commodities vary considerably with the change in their prices (Pindyck Rubinfeld, 2014). Relevance in the Case Study The price elasticity of demand, as an economic concept is seen to be relevant to the responses received by interviewing the concerned respondent. As can be seen from her responses, in spite of the prices of eggs, white bread and cereals being high in Canada than that in France does not hamper the consumption of these commodities substantially. The participant sees this to be more than compensated by the increase in the purchasing power in the economy of Canada. On the other hand, the comparatively lesser cost of gourmet foods and superior food products like meat, enables the respondent to consume them more and to go more restaurant meals more. The respondent is also seen to avail cabs more frequently in Canada than that in France (Kreps, 2018). These behaviours of the respondent can be explained in the light of the price elasticity of demand of necessity and luxury goods. The goods like rice, bread and eggs being necessity goods, the change in price does not decrease their demand considerably, on part of the respondent (Heine, 2012). However, restaurant meals and cab rides being luxuries, a small decrease in the price of the same enables the respondent to increase the consumption or usage of the same substantially. Conclusion As can be seen from the above discussion, the economic concept of price elasticity of demand is found to be considerably relevant in the real economic scenarios and is also seen to have considerable implications on the consumption behaviours of the concerned respondent. It is observed that the presence of a higher purchasing power in the economy of Canada, coupled by the lesser prices of luxury commodities in Canada as compared to France, leads to considerable increase in the consumption of the luxury goods on part of the residents, though the residents do not seem to curtail on their necessary commodities even though the prices are little high. This can be attributed to the high price elasticity of luxury goods and comparatively lower price elasticity of necessity commodities. References Baumol, W. J., Blinder, A. S. (2015).Microeconomics: Principles and policy. Cengage Learning. Burstein, A., Gopinath, G. (2014). International prices and exchange rates. InHandbook of International Economics (Vol. 4, pp. 391-451). Elsevier. Cooper, R., John, A. A. (2013).Microeconomics: Theory through Applications. Flat World Knowledge. Gospodinov, N., Ng, S. (2013). 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