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Essay about Answers to End-of Chapter Questions and Exercises
ANSWERS TO End of chapter QUESTIONS AND exercises Answers to Questions for Review 1.(Explicit and Implicit Costs) Amos McCoy is currently raising corn on his 100 acre farm and earning an accounting profit of $100 per acre. However, if he raised soybeans, he could earn $200 per acre. Is he currently earning an economic profit? Why or why not? Amos McCoy is not currently making an economic profit, despite the fact that he is making an accounting profit. This is so, because the accounting profit calculation does not take into account an important implicit cost the opportunity cost of not raising soybeans. Actually, McCoy is experiencing an economic loss. According to our theory, he should get out of the corn business and begin... Show more content on Helpwriting.net ... Accounting profit = $25 million; economic loss = $5 million c.Accounting profit = $10 million; economic loss = $10 million d.Accounting loss = $25,000; economic loss = $75,000 4.(Alternative Measures of Profit) Why is it reasonable to think of normal profit as a type of cost to the firm? Recall that firms produce output using four kinds of resources natural resources, labor, capital, and entrepreneurial ability. The owner of the firm supplies some of the resources that the firm employs. Normal profit is the return to the entrepreneurial ability and other resources supplied by the firm s owners. If this profit is not as large as those individuals could earn in their best alternative situation, they will switch the resources to that alternative. So, we can think of normal profit as being the minimum return, or cost, that is necessary to keep the firm running. 5.(Short Run Versus Long Run) What distinguishes a firm s short run period from its long run period? In the short run, at least one of the firm s resources is fixed, usually the size of the firm. In the long run, all the resources are variable. That is, the quantities of all resources can change to alter the firm s level of output, including the size of the firm. 6.(Law of Diminishing Marginal Returns) As a farmer, you must decide how many times during the year to plant a new crop. Also, you
Alien And Sedition Acts DBQ
In the summer months of 1798, the Alien and Sedition Acts were written and passed by Congress. These acts were a cause of issues in America for three main reasons. They sparked controversy over the formation of parties, the allowance of immigration into the US, and America s ability to maintain a healthy republic. The Alien and Sedition Acts caused controversy because they caused the formation of parties, which many people, including George Washington, thought was a terrible idea. A draft of his farewell address says, Besides the mores serious causes which have been hinted at as endangering our Union, there is another less dangerous, but against which it is necessary to be on our guard; I mean the petulance of party differences of opinion. ... Show more content on Helpwriting.net ... This is evidenced by the creation of the final act in the Alien and Sedition Acts, which states that the publication of anything that makes the American government look bad is punishable by fine or prison time. This once again shows American Exceptionalism in that the US government wanted everyone to believe that they were the perfect form of government. This act angered many people because they viewed this as unconstitutional because it violated the rights of freedom of speech and freedom of the press. Edward Livingston, a congressman from New York said, ...by this act... the president alone is empowered to make the law, to fix in his mind what acts, what words, what thoughts or looks, shall constitute the crime contemplated by the bill... (Document Q). These people thought it best that the federal government s powers were more limited because they feared that the federal government would become too powerful and tyrannical, or even worse, revert back to a monarchy. They were further angered by the fact that they were not allowed to print anything that stated their opinion, but those with the opposite opinion could. One example of this is the propaganda that is seen in Document M. This is a political cartoon that shows the occurrences of the XYZ affair. The cartoon is used to portray France as corrupt and show that America is better than all other countries, and is an example of the US federal government having too much power because they are, in a way, able to influence the minds of the people by controlling what they read. Other people however, argued that the Sedition Act is not unconstitutional at all and is merely a reiteration of what has already been stated. John Allen, Federalist congressman from Connecticut wrote, The freedom of the press and opinions was never understood to give the right of publishing falsehoods and slanders, nor of
A Clean Well Lighted Place Summary
The Lost Generation Article Questions
The authors included in the Lost Generation are, F. Scott Fitzgerald, Ernest Hemingway, John Dos Passos, Sherwood Anderson, Kay Boyle, Hart Crane, Ford Maddox, and Zelda Fitzgerald. The common elements and themes that these authors pursued in their personal lives as well as their writing were brutal war experiences, their youthful and impractical actions such as love affairs and drinking, feeling lost and hopeless in society, and seeking the meaning of life. The phrase The Lost Generation was created when an American poet named Gertrude Stein was speaking to Ernest Hemingway stating you are all a lost generation . The significance of this saying is it places a ... Show more content on Helpwriting.net ...
This emotional struggle is proven when the waiter says that the old man has attempted to commit suicide. There is also a similar emotional struggle with the older waiter who is dealing with loneliness and despair. This is shown throughout the story as he continuously talks about the bare nothingness he has experienced.
6. There are three unnamed main characters in the story, the older waiter, the younger waiter, and the deaf, old man. Through being introduced to these characters and their personalities, we learn the similarities between the old man and the older waiter, and the differences between the younger waiter and the two older men. As the story unfolds we learn the internal struggle of unhappiness and loneliness of the old man and older waiter. We also learn the impatience and eagerness of the younger waiter. The main personality trait for the old man would be sadness or depression because of his attempted suicide and desire to stay up late and drink at the cafe. The main personality trait for the older waiter would be loneliness because of his view on nothingness and the despair the comes with it. The main personality trait for the younger waiter would be impatience because of his outlook on the old man staying late on the cafe and his eagerness to return home to his wife.
7. The significance of the repeated word nothing is, it suggests that life has no meaning. The main theme of the story is the condition of nothingness in the world and
The Theme Of Adoption In Worse By Christopher Marlowe
A flock of sheep wanders as the all seeing shepherd meanders nearby. He watches them closely as they consume their daily vittles provided by nature, making sure not even one sheep goes astray, or that any predator comes to disrupt the supposed bliss. The shepherd s love for his flock is that of presumed perfection. He maintains the assumption that as long as he guards the flock and provides ample grazing land, the flock will provide him with copious amounts of wool: that their relationship will be all right. Unfortunately, this simply may not be true; his flock can produce the wool or it may suffer from an unexpected disease or any other ailment and their presumed relationship will fail. As Christopher Marlowe so elegantly presented in The... Show more content on Helpwriting.net ... Throughout the novel Hata does not truly need love in the sense of modern terms, he needs success and to make his lineage proud. Hata believes that women s roles are that of sheep to provide for men when provided for but to his dismay, this is simply not true. Chang rae Lee captures this perfectly; never before would a woman such as Kkutaeh, Sunny, or Mary ever deny the shepherdship of a strong, successful man. With the power shift in gender throughout modern history, women have gained much more power and have more ability to be their own shepherd than ever before. No longer will a man like Jiro Kurohata be able to have a successful flock of heirs if he does not adapt to how women have changed. Women today are much stronger than their ancestors of sheep, they no longer accept protection in exchange for their wool. Doc Hata s quixotic promises will appeal to primal side of women, but since human relationships have developed into being much more than just the need of protection, his promises prove to be insufficient in sufficing his loves with their true needs: a person who will provide them a deeper emotional understanding and not just a gesture
John Steinbeck Symbolism
The Pearl, a book written by John Steinbeck, teaches a lesson about how a person can be swayed by greed. In the story, John Steinbeck uses three literary devices to help the reader understand the story better. Through foreshadowing, John Steinbeck explains how others are swayed by greed. For example, Kino himself, the villagers, and the pearlbuyers are mesmerized by the pearl. Lastly, symbolism is used in the story, such as the pearl being evil luck. The author shows how Kino is overcome with greed, using characterization. Through characterization, foreshadowing, and symbolism, John Steinbeckexplains how people can be affected by greed. One of the ways John Steinbeck explains greed is through characterization. In the beginning of the story, Kino was just a normal brush house person. Later, after he found the pearl, he was overwhelmed by greed, as he thought about having new clothes, being married in the church, having his own rifle, sending Coyotito off to school, and anything else he wanted. Even after all the warnings and attacks, Kino continued to hold onto the pearl. Kino himself said that the pearl Has become my soul....If I give it up I shall lose my soul, (Steinbeck 65). Only after he lost his house, his... Show more content on Helpwriting.net ... In the book, the main example of symbolism is the pearl itself. When Kino first found the pearl, it was The great pearl, perfect as the moon.... It was the greatest pearl in the world, (Steinbeck 20). At first, the pearl was a symbol or riches, but then it became a sign of evil. Juana knew of its evil, because she said, Kino, this pearl is evil. Let us destroy it before it destroys us. Kino replied that the pearl was his soul, for he could not bear to part with it. As a result, he ended up losing his son and most of his material things to this curse. There are other examples of symbolism, but the pearl is the main one in John Steinbeck s cautionary
The Success Of The Toyota Production System
INTRODUCTION TO THE LEAN SYSTEMS The success of the Toyota Production System is the evidence that Lean Systems help manufacturing companies in improving their operations and the process of manufacturing. Lean is an approach to eliminate waste and maximize the value for the customers. Lean has made its place in today s market. Apart from Toyota, companies like John Deere one of the largest manufacturers of agricultural machinery, Textron leading systems which offers products and services to support the defense and the aerospace, Intel the world s largest chip makers, Nike one of the leading super cool clothing company have occupied their place in the success list of lean systems. HISTORY OF LEAN Before we understand the need lean we must understand the need of the productions such as Craft Production and Mass Production. The craft production was more about manufacturing the cars based on the specifications given by the customers. The term craft production refers to a manufacturing technique applied in the hobbies of handicraft but was also the common method of manufacture in the pre industrialized world. The cars were modified according to the requirements of the customers which led to the limited number of models specific for each customer and relatively the cost was high but the customer had the satisfaction of dealing directly with the manufacturer. Craft production comprise of skilled employees at design, machining and fitting, usage of the general purpose machines
Rob Zombie s House Of 1000 Corpse
Once upon a time one of our Masters of Horror John Carpenter requested upcoming director Rob Zombie to remake his classic HalloweeN . Among House of 1000 Corpses as well as The Devil s Rejects under his belt, Rob Zombie glady accepted to remake this classic tale. Into a master piece of his own with keepinig the original true boundries still in tact, mixing the two perfectly. Rob Zombieis a director who isn t scared to think outside the box, be brutal among real which is the vibe his adaptation of HalloweeN gave me. A vibe as if I was watching a serial killer documentary, making it different then his other films. Zombie has a way with excellent casting as his brings Hollywood Horror Legends Malcolm McDowell (A Clockwork Orange), Brad... Show more content on Helpwriting.net ... The changes of the original with the remake were solid, one of the only remakes to be great, scary and fun. Rob Zombie takes us on a bizaree trip, nothing like House of 1000 Corpses or The Devils Rejcts Halloween has his own theme of terror. The element of fear he gives us as if we were watching older scary movies where we do jump at scenes while watching it anew. I really dig the scenes that had more fear with the babysitters, singularly Danielle Harris playing Annie. Her performance was instense I dig her badly. Having been watching her since I was a kid. The last 30 minutes of the movie was my favorite seeing Zombie mix his vision into Carpenters. As much as I loved the movie, the cast was perfect one of my favorite castings out of all his
Langston Hughes s Poem, Negro Speaks Of Rivers
In Langston Hughes inspirational poem, Negro Speaks of Rivers, he expresses, My soul has grown as deep like the rivers, (lines 4 and 13), describing how his encounters with racial intolerance have made him stronger as a person in both spiritual and emotional ways; rather than to just step down and submit to the cruelty of racism. The quote could also be interpreted as a sign of perseverance and hope for people who have experienced not only racial injustice, but other forms of degradation in society, both past and present. Langston Hughes uses rivers in his poem as an interpretation of life. At the moment Langston Hughes was inspired to write this poem, he was looking out the window in the train in which he was travelling. On his trip, the train was going across the Mississippi River during sunset he witnessed the magnificence and beauty of nature. This was enough to remind him of hope and all things positive, along with the motivation he needed to compose the poem. I believe the author repeated the use of the word river because it is symbolic. Rivers continue on the path they go; they never stop flowing forward regardless of the circumstances. That is what Langston Hughes wanted the audience to know, and himself as well. Everyone can look forward to a brighter tomorrow even if there is something that holds them back. When everything seems like it is all lost, the only last resort we have is hope. That is the key theme of the entire poem, hope is strength and that
1. Be able to address the range of communication requirements in own role.
1.1 Review the range of groups and individuals whose communication needs must be addressed in own role.
1.2 Explain how to support effective communication within own job role. 1.3 Analyse the barriers and challenges to communication in own role.
1.4 Implement a strategy to overcome communication barriers.
1.5 Use different means of communication to meet different needs.
Within my role there are many individuals to communication with. Staff range from therapists, recovery workers, finance department. Managers, Admin staff, Education and employment staff, HR... Show more content on Helpwriting.net ... The issue of power will always be present, however this needs to be addressed through building healthy trusting relationships between staff and service users and ensuring there are adequate reporting systems should this become an issue. Staff and service user belief and value systems can cause communication issues. It is important to put your own beliefs and values to one side and be open minded to others. If we rigidly place upon others our beliefs and values this will effect communication. When communicating with family members it is important to respect confidentiality both from the family member and the service user. Knowing so much about a service user over a period of 6 months can cause complacency in what staff know about a client and where communicating with family can become controversial. I always check out who is calling or enquiring about a client before disclosing any information. Client confidentiality contracts are signed by service users and next of kin is identified. Staff members also sign a confidentiality agreement to ensure there are procedures should confidentiality be broken. When communicating with outside agencies, issues occasionally arise. It can be very difficult to get hold of specific people. Phone calls and/or paperwork may not be returned. Simply marking an e mail URGENT can help. Logging any communication between organisations can be useful as it provides evidence of calls, e mails, texts etc. Service
Starbucks Pest Analysis
1.1 PESTLE C for Starbucks UK
The PESTLE C defines a framework to analyze the different macro economic factors that are being used to scan external environment that are the components of the strategic management. This is used for external analysis while conducting market research and it gives the outline of the different environmental factors. It is a tool that is strategic in nature to understand the growth or decline in the market, the current position of a business and also provide directions for future successful information (Gupta, 2013).
1.1.1 Political Environment
The political factors are all about how much and to a degree the government can intervene in an economy of a country. This may include the government policies; the stability or instability in the political system; trade policies of the foreign countries; tax regulations; labor market law; laws related to the environmental factors and the restrictions on trade etc. ... Show more content on Helpwriting.net ... This can be considered as a most significant change in the social system of UK and other countries of the world and will have impact on the performance of Starbucks.
As Starbucks is going to expand its customer base by including the middle and lower class customers so, it has to face a Socio Cultural challenge as it has to lower down the prices by not compromising on the quality of its products. The trend for CSR and green related concepts are increasing among the consumers so, it needs to consider these factors while operating in the modern business environment. Lastly, the baby boomers are retiring which means their spending habit will also shift so, to overcome this issue the company should have to look out on how to tap the generation X and the Millennials to make them the part of its strategy (Anon,
The Tragedy Of Macbeth And Hamlet
Great writers create great characters. In The Tragedy of Macbeth and Hamlet William Shakespeare describes his female characters without virtue. In The Tragedy of Macbeth Lady Macbeth forces her husband to do unthinkable things for her own personal gain therefore, showing that Lady Macbeth has no honor or virtue. In Hamlet, the Queen, Gertrude, does things without thinking about her son and how it will affect him and Hamlet s lover, Ophelia, kills herself therefore showing that neither of them have virtue. Shakespeare uses characterization to describe how Gertrude, Ophelia, and Lady Macbethare not virtuous.
Shakespeare uses characterization to describe how the female characters do not have virtue. In Hamlet , Hamlet s father is murdered and his uncle becomes King when he marries his mom. Hamlet wants his mother to not lose her virtue so he tries to protect it. Hamlet says she is his mother and tells her you are the queen, your husband s brother s wife (iii, 14 15). This characterizes how Gertrude begins to lose her virtue because she remarried two months after her husband s death not caring if it harmed or bothered anybody else. When Gertrude becomes married to Claudius, Hamlet becomes very upset because he always believed his mother to be virtuous, until then. When Hamlet confronts Gertrude, Gertrude says, What have I done that thou dar st wag thy tongue/ In noise so rude against me? (iii, 4, 40 41). Gertrude no knowing what she did to hurt her son
The Power Of Lady Macbeth
Shakespeare s depiction of women, and the ways in which his female roles are illuminated and enacted, have become topics of scholarly interest. While scarcely occupying the center of his plays, anomalies include Rosalind and Cleopatra; Shakespeare s heroines encompass a wide range of characterizations and types. From the uncompromising veracity of Cordelia, the swift sagacity of Beatrice and of Kate, and the comprehension of Portia, to the mercilessness of Lady Macbeth, the opportunistic ill nature of Regan and Goneril, and the devious power of Volumnia. There is so little we know of William Shakespearethe man, but so much we can extract from the readings he has left behind. Jeanne Gerlach, Rudolph Almasy, and Rebecca Daniel once wrote a piece... Show more content on Helpwriting.net ... Shakespeare s most popular depicted women are characters that are filled with negative qualities and are walking explosives. This stipulates that Shakespeare was not unhampered of misogynistic tendencies favored in his era. In the texts of the plays, licentious acts are often braced against young women and women absorb a setting of power are periodically portrayed as temperamental and exceptionally unethical. Furthermore, not indicating that Shakespeare was a complete woman hater, but it s fair to believe that he didn t understand women or didn t care to comprehend their lifestyle so he created one of his
