Government and Monopolies-Free-Samples for Students-Myassignment

Question: Explain how and why Governments may want to regulate the Price setting of a natural Monopoly. Answer: Introduction Monopoly market structure operates as the sole supplier in the market(Arnold, 2015). They enjoy a large number of customers raising their product demand. They operate in a closed market, which other sellers are not able to enter the market and as a result, there is no competition in the market. The best way to analyse the market is to identify the market strengths and ability to influence supply and demand in the market. The government has a role of controlling monopoly prices. This is because market forces such as competition do not affect them(Behravesh, 2014). Therefore, the government response in controlling monopolies is important by setting policies for monopolies. Customers are citizens who require the government protection and thus require protection from monopoly exploitation. From an economics perspective, the issue of monopoly goes hand in hand with the issue of pricing of products. Monopolies make prices for their products and thus the customers lack the freedom of negotiating prices(Burda, July 25, 2017). Additionally, there is the issue of influencing product demand and supply of products. They are the sole producers and thus through their production decisions determine how much of a product they will take to the market. Therefore monopolies unless controlled by the government, they are capable of exploiting their customers. Diagram illustrating how monopolies increase prices for commodities Explanation Point E represents the market equilibrium point before introduction of a price controlling measure such as taxes. The firm out is represented by OX while the price is OP.the firm earns profit represented by AB. However when the government introduces taxes, the average cost (AC) increases to AC1. The introduction of taxes raises the cost of production for monopoly firms. Consequently, the firm raises product prices in the market to recover added costs. The result is that the government should intervene to ensure maintenance of prices at equilibrium point(Flynn, 2011). Monopoly market This are markets formed by a sole supplier of a particular commodity. The commodities dealt with have characteristics that make them difficult for other sellers to enter the market. The characteristics are such as private ownership of rights to sell the products. Other monopolies formed by government policies, which allow to sole product sellers. These products are such as weapons and other items concerned with national security. Barriers of entry to market also creates monopolies. This includes such as high legal fees to enter a market, which other sellers cannot afford. Monopolies are thus a result of inability of other sellers lacking the power or resources to enter a market(Flynn, 2011). Furthermore, monopolies lack competition in their markets(Jones, 2017). Their market due to the barriers to entry for other sellers lack competition. Competition resulting from other sellers dealing with similar goods lacks in the monopoly structure. Lack of competition causes monopolies to operate freely as there are no peers to compare operations or to take advantage of their market failures. This is a great advantage for monopolies due to the ability of doing what they want in the market without competition. In addition to that, monopolies are price makers. This means that they have the freedom of taking products to the market at the prices they deem profitable(Lee Coppock, 2017). This separates them from other markets such as perfect competition, which are price takers. This refers to pricing of products based on the prices that the customers want to buy. Monopolies enjoy the freedom of setting any price for their products, which they feel, will cover fully for their variable costs and earn profit from sales. There is however, a tendency of monopolies setting very high prices to make exaggerated profits from sales. This act oppresses customers, as they have to pay too much for a product, which is usually more than the products utility. Monopolies require legislators to come up with policies that control the prices to stop high pricing. They are also able to practice price discrimination for their products. This is the sale of their products at different prices depending on the customers in a market or market trends. They sell large quantities of products at low costs in elastic markets and sell at high prices in inelastic markets. This they are able to do because of the free operation in the market. Monopolies enjoy large economies of scale in the market unlike other markets such as perfect competition (Miller, 2017). This is the reduction in unit costs with increase in volume of production. This makes it difficult for competitors to enter the market due to high initial fixed costs and low unit costs. Competitors mostly are unable to raise the high initial fixed costs to enter the market. This is a benefit to a monopoly because they remain as the sole sellers in a market. There is also the ability of the monopoly to sell at very low prices compared to prices charged by entering new monopolies. These low pricing results to the new sellers not selling their products in the market as they charge high prices. The result is that they get out of the market leaving the monopoly as the sole seller in the market. They are able to price less because of the reduced unit costs for products with increase in quantity. Monopolies enjoy this advantage which enables them operate as going concern s for many years and earn super profits from their activities Explanation The firm maximises profits at the point where MR=MC and the equilibrium point where Pm intersects Om. The market demand curve is similar to the firm demand curve. The firm makes super profits because AR is greater than AC(Behravesh, 2014). Why governments regulate prices for a natural monopoly The government as the policy maker has a duty of regulating the prices of monopolies(Mankiw, 2017). Monopolies operate in an environment, which lacks the normal market forces to regulate activities. The forces of demand and supply regulate other markets operations but does not apply in monopolies. Demand for products in the market regulates how much of a product the sellers will bring to the market. When demand is high, then the sellers bring high quantities to the market to satisfy demand. On the other hand, when the demand is low, they supply less of the product to match low demand levels. This forces do not affect a monopoly because they have the freedom to choose how much of a product to sell in the market. They could choose to supply less products to the market when the demand is high. This results to the increase in the price for their products. The government thus has a role of setting prices for monopolies to prevent this activity. When the government sets the prices, monopol ies desist from supplying low when demand is high to collect high revenues through high prices. Furthermore, the government regulates prices to prevent barrier of entry to market caused by monopoly price strategies(Margaret Ray, 2015). Monopolies due to reduced unit costs have the ability to charge very low prices for their products. This is causes difficulty to sellers wanting to enter a monopoly market as they lack ability to charge low prices. New entrants incur very high start-up fixed costs, which results to them charging high for their products. The prices are higher than what existing monopolies charge with their low unit production costs. Customers therefore buy more products from the existing monopolies and not from the new monopolies. The new monopolies lack sales to raise revenues to cover their costs ending up with huge losses. They thus result to shutting down operations. The government should protect such harmful activities by regulating monopoly prices. When a maximum price is set, all monopolies new and existing get a uniform forum for pricing their products. Th ey are able to sell in the market without harmful competition from the existing monopoly. They thus make sales revenues, which cover costs and prevent losses and as a result, they do not get out of market. Price regulation is very important in the growth of economies markets by protecting infant companies from unethical pricing strategies in competition. Moreover, the government can regulate prices due to having ownership in the monopolies(McConnell, 2014). The government owns monopolies through buying more than half of the shares or sale of products. The government owned monopolies deal with products that are important to the citizens of the nation. Products such as postal services and utilities like water and electricity supply is by the government monopolies. The reason for government to supply these utilities is due to their high costs of operations and the need to protect citizens from oppression. Some utilities like water require equity in supply and thus the government takes part in the supply to ensure all citizens access water service. The government being the owner of these monopolies regulates the prices of commodities dealt with. Prices control ensures that all citizens afford the prices for utilities. When charged highly, the citizens find it unfair because not all are able to afford the products. These results to unfair ness in the distribution of utilities and thus the government should regulate the prices for these monopolies. In addition to that, the government regulates prices for monopolies to ensure that products are affordable to all citizens(Tyler Cowen, 2014). The government has a role of ensuring that citizens do not pay exaggerated prices for products. When products sell for high prices, the opportunity cost for citizens increases and they end up buying less commodities in the market. The government reduces prices for monopolies products to reduce opportunity cost for citizens and ensure that they do not spend a lot of income buying products. The government also regulates prices to prevent monopolies from earning exaggerated profits. Prices set by the government ensure that they do not make unnecessary profits from sales revenues, which is unethical. How government regulates natural monopoly prices The government to ensure that the prices for natural monopolies is controlled, various steps are used. The steps are used each according to the need price problem that the government wants to regulate. Economic planners develop price regulatory steps. They try to come up with a solution that benefits the market at large. Their main aim however is to ensure that monopolies do not exploit customers with high prices. The policies set usually aim at reducing the ability of monopolies to earn exaggerated incomes. Steps such as setting price ceiling regulate monopoly prices(O'Sullivan, 2005). This refers to the government setting a maximum price for a product in the market. The law states that the product does not sell at a higher price than this maximum limit. This enables the customers to buy a product at affordable price, which is usually at the set maximum price or less. This limit is important as it ensures that the monopolies do not exploit their customers. The price limit is usually set at a point where the monopoly covers its costs from the price and earn reasonable profits. Furthermore, the government can control prices through giving subsidies to the monopoly(Paul Krugman, 2015). Subsidies are grants to a company from the government to reduce the expenses they incur. The company as a result charges lower prices for their good compared to when the government did not grant subsidies. This is because the company does not need to charge very high prices to recover costs from sales. The result is that the company is able to sell products at affordable prices to their customers. Moreover there is the policy of average cost pricing. This is putting a price limit that matches general costs incurred by a producing company(Sowell, 2014). The price set usually is not far from the unit costs incurred producing each product. This price is set after a bargain between the government and the monopoly to come up with an appropriate average price. The price is set at a point where unit production costs are recovered and reasonable profits made. Average prices ensure fairness to customers and the monopoly in terms of profit making and cost realisation. In addition to that, the government can use the tax system to regulate prices. The government uses high taxes for monopolies charging high prices and low taxes for those with low prices(Tucker, 2016). This is like an incentive to the monopolies to charge low prices for their products. This policy is very beneficial because most monopolies with the aim of paying less tax, they charge low prices for their products. This policy benefits the consumers as they pay for products at prices that justify their utility. The company does not make exaggerated profits from exploiting customers with high prices. The government should ensure adherence to all policies by monopolies without failure. Conclusion Natural monopolies have the ability of exploiting their customers through prices. They are able to charge very high prices for their products without reducing sales due to competitors charging less. The government thus has a responsibility of protecting the consumers because market forces are not present to protect the customers. Monopolies too should be ethical in their activities to ensure that they consider the purchasing ability of customers when setting prices. Government policies for regulating monopoly prices should be considerate to ensure that the monopoly do not suffer losses trying to adhere to government policies(Williamson, 2013) References Arnold, R. A. (2015). Macroeconomics (12th ed.). South Western College. Behravesh, N. (2014). Economics USA 8th edition. W.W.Norton and Company. Burda, M. (July 25, 2017). Macroeconomics (7th ed.). Oxford University Press. Flynn, S. M. (2011). Economics For Dummies (2nd ed.). For Dummies. Jones, C. I. (2017). Macroeconomics (4th ed.). W.W. Norton Company. Lee, D. M. (2017). Principles of Macroeconomics (2nd ed.). W.W.Norton Company. Mankiw, G. (2017). Principles of Economics (8th ed.). South Western College Pub. Margaret, D. A. (2015). Macroeconomics for AP (2nd ed.). Worth Publishers. McConnell, C. R. (2014). Economics: Principles,Problems Policies. McGraw-HIll Education. MIller, R. L. (2017). Economics Today (19 ed.). Pearson. O'Sullivan, A. (2005). Economics:Principles in Action. Prentice Hall. Paul, R. W. (2015). Economics (4 ed.). Worth Publishers. Sowell, T. (2014). Basic Economics (5 ed.). Basic Books. Tucker, I. B. (2016). Macroeconomics for Today (9th ed.). South Western College. Tyler, A. T. (2014). Modern Principles:Macroeconomics (3rd ed.). Worth Publisher. Williamson, S. D. (2013). Macroeconomics (5th ed.). Pearson

New Questions About Persuasive Essay Topics about Gun Control Answered and Why You Must Read Every Word of This Report

New Questions About Persuasive Essay Topics about Gun Control Answered and Why You Must Read Every Word of This Report The cost of an essay is dependent upon the total amount of effort the writer has to exert. My essay is separated into three basic components, the introduction, the human body and the conclusion. Essays and allow it to be accept the essay community and over two hundred specific angles of superior sample essays, research papers online. Persuasive speech papers are certain sort of academic essays that are expected to pass a few important info to the audience. Below, you will find whatever you will need to compose an outstanding paper in no time weighty arguments, catchy titles, and the newest sources on this issue. Including the date you accessed an on-line source is currently optional. There are numerous essay sites which have huge databases containing variety of topics for all types of speech writing. Another distinct characteristic of a research paper is the fact that it wants a presentable collection of referenced sources. It is necessary for a writer to study either side of the issue as a way to find out how to beat counterarguments. On the bright side, you usually won't need to select a fixed topic and adhere to it. To begin with, you may use reasons backed by facts to talk in your favor. In truth, it is a pertinent actuality that explicitly illustrates the point I want to make. The police aren't personal bodyguards. Anti-gun groups and politicians, on the flip side, argue that guns ought to be controlled to deal with sch ool shootings. Guns are really dangerous and are a massive cause of purposeful and accidental deaths every year. One of the main explanations for why gun control is necessary is the growth in shooting instances, especially in schools. The Battle Over Persuasive Essay Topics about Gun Control and How to Win It Persuasive speech essay attempts to persuade a reader to have a particular action. Most important, make certain that your thesis is very clear and answers the question. When it has to do with the structure of the human body paragraphs, experts recommend that every paragraph has its own concept, and ought to link to the next paragraph by usage of transitional sentences. The primary purpose of a persuasive speech is to deliver details about a specific topic to an audience in an appealing manner that will convince them to adopt your standpoint. Getting weak on against gun control are seeking to stop. Therefore, it's not essential to introduce gun control laws. Gun contro l isn't a great solution for our nation. Even though it is perceived as the best solution to reduce crime and murder. Actually, gun crime statistics demonstrate that uncontrolled gun ownership will result in more gun crime and ultimately to anarchy. To acquire a better comprehension of the gun control controversy, it is vital to know some general facts about firearms. There are a number of reasons for having a gun. It's possible to define gun control or some other relevant notion. A decent persuasive speech topic ought to be specific and focused. Students are accustomed to the fact which their professors give them with the assignment's topic. As soon as you're ready to begin writing, have a look at these sample essays on gun control for a number of tips on how to place your paper together. Simply take some time for making a little outline and plan what arguments you're going to base your gun control essay on. Follow these 3 steps to compose an ideal gun control essay. A vital essay talks about advantages and pitfalls of something. It won't be much of a persuasive essay if you select a topic which everyone agrees with your viewpoint. You want to jumpstart your assignment. Before you place order with our essay writing services you can have a peek at our sample essays that are written by professionals but they're not employed for academic assignment. One of most important to take into consideration when writing your academic essay is how you are going to structure your paper. Recent school shootings in lots of states in the united states have intensified the debate which has many interest groups supporting gun control. For instance, you can expose the present gun control regulations in your state or the present state of the discussion. Today, gun control is a big concern in political campaigns across the country. It's high time that the 3 branches of the national government, along with the states, sought a very clear reinterpretation of well-regulated militia.

Finding Breast Cancer Research Paper Topics Online

Finding Breast Cancer Research Paper Topics OnlineAre you up for the challenge of finding a research paper topic that will most benefit your education and interests? If so, this article can help. We've already discussed the importance of breast cancer research papers, and today we'll talk about where to find them.Of course, you'll always find websites dedicated to providing information on research paper topics. However, not all of these research papers are free, and they are usually outdated. A better approach is to consider alternative research paper topics online.There are many free online research sites available, and they are usually updated frequently. Instead of spending your time looking for research paper topics that might not be free anymore, you'll be able to look at the current trends in the fields you want to study. This is a more convenient way to accomplish this goal.There are websites that provide links to all kinds of research topics. However, these may not be as conv enient as websites that allow you to search for research paper topics. What's more, you may find that a website that offers a comprehensive list of research papers is not always accurate. Instead, research papers can also be found through a 'niche' website that focuses on a particular field.All types of breast cancer research papers can be found on these specialized websites. However, these websites are often very popular and can provide you with a lot of good content. These specialized websites are very useful because they are designed to help people find the specific research papers they're looking for.The niche websites don't only provide information on breast cancer research papers. They can also provide valuable content on topics such as nutrition, diet, exercise, and weight control. You can even use these websites to find out how to become more successful at certain types of work. Whatever it is you're looking for, you can find it on a specialized website dedicated to the rese arch paper topic of your choice.It's easy to find websites that offer information on the latest research paper topics and you'll be able to find more relevant content than you could ever find in a newspaper or magazine. The best part is that you won't need to spend a lot of money to access this type of information. Your efforts will be rewarded with many hours of fun and useful information.Check out the niche websites, the ones that provide articles on nutrition, exercise, and diet. These websites can provide you with a better education, and you can get the information you need quickly and easily.

Research Paper Topics on World War II

Research Paper Topics on World War IIThe World War II Research Paper Topics on World War II is a series of five popular and interesting papers which will be studying the war, which became known as the Second World War. It contains the research papers from a number of graduate students who have studied the world war and its implications. Some of the papers that will be studied are excerpts from my own PhD thesis on the war, on the Lend Lease Programme which created huge economic stimulus for the United States, on the impact of the war on an industrial country such as Great Britain and on how to look at the war from the point of view of the United States.I would be looking at the themes that have been highlighted in the research papers, which is in relation to the second world war. These are key features that reflect on the lives of many people and enable one to understand why war happens. What has been important to look at are the possible ways in which it can be prevented.If one look s at the present situation in the world, then one can see that the conflict that started in the early years of the twentieth century has escalated into a bloody and catastrophic war. This war is happening all over the world at the same time and so it is important to look at the war from the point of view of its potential impact and how to reduce the impact of the war in our society.One thing that has been noticed in the aftermath of this war is that the countries involved have become more distrustful towards each other. There has been a considerable reduction in trust towards people because of what has happened. A lot of people have lost their jobs and because of this there has been a drop in the confidence level. This has led to resentment towards governments and there have been violent protests and riots.On the other hand, such countries as Japan have been experiencing a resurgence in their economy. This is good news for them because if they sustain their current economic strength , it will support their economy as well. Also, China has also become much more prosperous as they have rebuilt their broken roads, bridges and water systems. They are using local materials and it seems that the technology has grown faster than most of the developed countries.Although, the research paper topics on World War II will not be about my thesis, but I will be using these as a study guide. Because of the way the war was fought in some of the countries, their soldiers have been called 'Wehrmacht' and so studying the paper topic on the Wehrmacht will provide me with a way to understand the other aspects of the war.One of the topics of research paper topics on World War II which will be studied in the research paper series will be the responsibility that the German citizens had in the war. It is important to consider how the government and the entire population, including the German population, made use of the war opportunity to promote their country and in turn have their own individual national interests. There are lessons that we can learn from this, and we should learn from this period.

Sample Nursing School Scholarship Essay - Are You Ready For Your Scholarship Essay?

Sample Nursing School Scholarship Essay - Are You Ready For Your Scholarship Essay?Writing a sample nursing school scholarship essay is an important and time consuming task. With so many possible sources, what are the criteria to select? How do you begin to narrow your search down to those sites that are right for you?If you have access to high quality data on the top scholarships and grants that are out there, you will be in a much better position to start your search. Without this information, the only other option is to spend hours compiling your own research and finding those sites that will accept samples for free or pay you a little to use their work.One of the first things that you need to do before starting your scholarship essay is to define the topic. There are several different topics that can be used. However, as you are looking at topics, look for the types of topics that are most likely to be used in these grants.This means that you want to write about academic level, e ligibility requirements, grants related to certifications, career plans, and tax benefits. All of these are areas that you will need to address and ensure that you are careful when writing these sections. Remember that no one likes to read over an essay that is riddled with spelling errors and grammatical errors.The next thing to consider when writing a sample nursing school scholarship essay is the length of the essay. Too long can make it very difficult to understand and too short can leave an eye sore. However, if you choose to write a long essay, you will need to focus on the topic and the educational level at which you are writing.Also, remember that in writing a short essay, you do not have to fit all of the information into the allotted time. Some people do this but it is usually good to write more. It also allows you to come up with the information when you don't have time to study it and to then write a well-organized and formatted essay.Writing a sample nursing school scho larship essay can be one of the most difficult tasks. However, with enough time and a good research tool, you will be able to find a list of scholarships that fits you and that you can write an essay on. Remember, the job is not to write a perfect essay but to provide a good overview of your qualifications and abilities to learn in the field.

Walking Around By Pablo Neruda Essays - Pablo Neruda, Neruda

Walking Around By Pablo Neruda Pablo Neruda gives us a good example of Vanguard Literature in his poem Walking Around. We can see the influence of surrealism in the poem because it does not rhyme at all, instead is an effort to express feelings and emotions in a free style. We can also see the existentialism idea as Neruda is bold and tells us everything that is in his mind. Neruda tells us what he thinks about society in general. In this poem we can see that Neruda is tired of technology, he says that he no longer desires to see elevators, or merchandise, or movie theaters. He is tired of all the new inventions humans have made. He is tired of seeing the same things over and over again wherever he goes. Same shoe shops, same stores, etc. In my opinion, he thinks that we have lost our individuality and that we all own the exact same artifacts and we all want to have whatever everyone else has. I also think that he's sorry that humans cannot appreciate the beauty of nature, and are polluting it with factories, buildings, and alike. Neruda grew up in the wilderness, and I think that he misses the wild landscapes and the fresh air he used to breath when he was a boy. The line that confused me was when he says that it would be "delicious to kill a nun." I thought that because of his experience of loosing a friend during war, he would be against any kind of violence. But, I then I thought that since existentialism consists of an active role of the will, and not the reason, Neruda was just being spontaneous. He probably was just trying to get out all that he felt, even if this meant going to the extremes. Neruda was probably disappointed of the new inventions, and the destruction of nature and man itself. This poem clearly shows that Neruda is tired of living in the world around him.

The reality show Intervention

The reality show Intervention Introduction The â€Å"Intervention† is a reality show program that airs on AE network. In any given episode of the reality show, the program features two unsuspecting people who suffer drug addiction. Usually, this happens with the explicit permission of the family of the person being featured. Advertising We will write a custom essay sample on The reality show â€Å"Intervention† specifically for you for only $16.05 $11/page Learn More The television cameras document whatever the family member see as problematic behaviour done by the person as a result of the drug addiction. This television show has been analysed by different academicians. Van Over is one such few researchers who analysed data as evident over a series of 15 Intervention episodes. His aim was to look at the â€Å"self as a culturally constituted linguistic resource in interventions† (1). This was analysed on the cultural practice of the intervention, whose aim was to t ell the person features that â€Å"his or her current status (under drug influence) was inappropriate, inadequate, harmful or/and illegitimate to self and others† (Van Over 8). The assumption of the Intervention is that hearing such words from the interveners would motivate him or her to take the requisite corrective actions, which would include accepting to take up treatment as the first step. Likely Outcomes At any one episode, the Intervention has four likely outcomes: first, the drug addict would question the legitimacy of the intervention and refuse to participate; secondly, the addict could accept the assertions made by the group and take up the recommended course of action; third, the addict may disagree with the assertion made by the group, but decide to take up remedial proposals; and finally, there is a possibility that an addict could accept the groups assertion but refuse to accept treatment. While acknowledging all these four possibilities, Van Over claims that in all the 15 episodes he collected data from, the fourth scenario never occurred. His hypothesis regarding this outcome is that the Intervention deliberately avoided airing shows where the intervention failed or the Intervention is such a convincing persuasion strategy that none of the people who go through cannot help but resonate with the assertions of the interveners and other participants (9). Van Over’s review concludes that the intervention brings out the elements of identity, the self and the personhood whereby the â€Å"true† and â€Å"real† self seems lost when an addiction takes over.Advertising Looking for essay on anthropology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Tough love Scheck argues that the Intervention show shows how â€Å"tough love† can work wonders in enabling people suffering from drug addiction to take up treatment (37). The author compares the television show to an era when young people would be taken to emergency rooms in hospitals where they would see some of the injuries that resulted from drug use. In a similar manner, Scheck argues that the family members in the reality show as well as the general audience serve to open an addict’s eyes to the realities of drug abuse. Scheck calls this confrontational counselling (37). Comparisons with films and documentaries Hersey compares the Intervention program with other television programs or films, which feature people recovering from addictions and conclude that the depictions have created a cultural understanding of how people suffering from addiction should look and behave (467). The author however notes that compared to Intervention and other reality shows, films such as â€Å"Clean and Sober†, â€Å"28 days† and â€Å"when a man loves a woman† are surprisingly univocal and unrealistic. The films also limit their recovery representation to â€Å"the white upper c lass† persons thus basing their addiction conceptual framework on only one group of people (468). Hersey, Curt. â€Å"Scrip (ting) treatment: representations of recovery from addiction in Hollywood Film.† Contemporary Drug problems 32.4 (2005): 467-480. Scheck, Anne. â€Å"Brief ED interventions Lower Drug and Alcohol Abuse.† Emergency medicine News 28.1 (2006): 36-37. Van Over, Brion. â€Å"The self as a culturally constituted Linguistic resource in Interventions.† Research on Language and social interactions 28.4 (2008): 1-22.Advertising We will write a custom essay sample on The reality show â€Å"Intervention† specifically for you for only $16.05 $11/page Learn More