Market Equilibration Process Paper Essay Example for Free

Market Equilibration Process Paper Essay Market Equilibration Process provides a balancing market opportunity for a business organization to adapt to the various changes occurring in the market in their field. To guide the Department in adapting to the demands of adjustment to balance the market. This will enable producers and buyers to be on the same equal price and products. Law of demand balance to exist there must be a request from the product or products or services. There must be willing buyers with the resources available to purchase products or services at the agreed price. Once the need has been established, these products can be produced or developed. Law of supply this product is supplied to the market the price the consumer is willing to pay, and this in turn creates a balanced market. In case there is a bug in one side, influenced by the balance and shift over to one side. In place of this type there may be a shortage in supply caused the price increase that would result in the competition coming in to fill the void. Other possibilities are to have excess supply in the market, and this will drop the price of the goods that may cause a significant decline in prices, would create an imbalance in the balance in the market. Efficient markets theory all participants in the market and all relevant get information as soon as it becomes available. The surplus in the market occurs when there is a surplus of the inks that are displayed is greater than quantity ordered quantity. In this case, some producers will not be able to sell all their goods. This prompted them to lower their prices to make their products more attractive. For many companies the competition and thereby reduce prices reduce the market price of the product. In response to low prices, and consumers increase the quantity demanded, move the market towards balance price and quantity. In this case, excess supply has been downward pressure on the price of the product. Shortage of market occurs when there is excess demand that is the quantity ordered is greater than the amount offered. In this case, consumers will be able to purchase as much of a commodity as they would like. In response to the demand of consumers and producers alike raise the price of the product and the amount they are willing to provide. The increase in price will be too high for some consumers; they will not demand  the product. At the same time increase the amount of available products that satisfy consumers others. Here we show an equilibrium price of Pe. What if the price were P1, which is higher than Pe? The quantity supplied would exceed the quantity demanded at the price. The result would be an excess quantity supplied at price P1, or a surplus. But given D and S, there will be forces pushing the price back down toward Pe. Suppliers will attempt to reduce their inventories by cutting prices, and producers, seeing a lower price, will cut back on the quantity supplied. As the price falls, demanders will offer to purchase morethat is, the quantity demanded will increase. If not prevented from moving, the price will eventually reach its equilibrium at Pe again. What if the price is, for some reason, at P2? At this below-equilibrium price, the quantity demanded exceeds the quantity supplied. There is an excess quantity demanded at P2, or a shortage. Market forces will cause the price to rise. Demanders will bid up the price and suppliers will raise the price. The point of this analysis is that any disequilibrium situation automatically brings into action correcting forces that will cause a movement back toward equilibrium. The equilibrium price and quantity will be maintained so long as demand and supply do not change. When we refer to a stable equilibrium, we mean that if there is a movement away from the equilibrium price or quantity, there will be forces pushing price or quantity back to the equilibrium level or rate. An unstable equilibrium is one in which, if there is a movement away from the equilibrium, there are forces that push price and/or quantity farther away from equilibrium (or at least do not push price and quantity back toward the equilibrium level or rate). (Stable And Unstable Equilibria, n.d). Market Equilibration Process Paper Market equilibrium is the point in which industry offers goods at the price consumers will consume without creating a shortage or a surplus of goods. Shortages drive up the cost of goods while surpluses drive the cost of goods down, finding the balance in the process is market equilibrium. A good example of a market equilibrium commodity would be the price of gasoline. Currently a barrel of oil is around $81.00USD. This has resulted in an increase in the price of a  gallon by about $1.00 from one year ago to an average of about $3.00 per gallon of gasoline. While driving habits have not started to change, people are taking notice and may be looking to make changes should price continue to rise. The sector of the market that is taking notice and making a changes is those homes that use oil for heating. The recent cold snap in the mid-west and east has increased the need and usage of oil. The $1.00 increase in price per gallon of gas from a year ago is resulting in a larger percentage of increase in home heating. Consumers are starting to make changes in their live style in order to achieve a personal equilibrium in their budget. The dollar increase may not seem like much but the bottom line result is in increase of about 3% 5% in homes heating costs. The reasons sighted for the increase in oil is increased consumption by China, colder than normal temperature is Europe and shortages in Europe due to their unseasonable amount of snow fall in the large cities (2010, 07). With all the commotion going on in the Middle East and the ever increasing demand for Oil by countries such as China and the U.S it is very easy to see why price of crude oil and gasoline keeps climbing. According to Rodney Schulz of Schulz Financial, â€Å"One may argue that the oil market is not efficient because a few large players, such as some of OPEC’s largest producers, have the ability to move prices. And that is true, as well as the fact that insiders in those organizations can take advantage of certain information† (2012, 03). He stated further that Looking at the oil and gas industry, one immediately finds evidence of market efficiency with oil and gas prices. First, if the market were not efficient, firms that did nothing but trade oil and gas futures would be as ubiquitous as independent producers. Moreover, they would perform as well in down markets as in up markets. This would be an easy business to start, as there are almost no barriers to entry. However , firms that do nothing other than trade oil and gas futures are practically nonexistent (2012, 03). Reference (2010, 07). Market Equilibrating Process Paper. StudyMode.com. Retrieved 07, 2010, from http://www.studymode.com/essays/Market-Equilibrating-Process-Paper-359014.html (2012, 03). Market Equilibration Process Paper. StudyMode.com. Retrieved 03, 2012, from  http://www.studymode.com/essays/Market-Equilibration-Process-Paper-932326.html Stable and Unstable Equilibria. (n.d). Retrieved from http://wps.aw.com/aw_miller_econtoday_13/29/7556/1934389.cw/content/index.html

The Texture of the Sixth Poem of Song of Myself :: Song of Myself Essays

The Texture of the Sixth Poem of Song of Myself In number six of Whitman's poetic series "Song of Myself," it seems that he is trying to convey the point that to die is not what people make it out to be. Whitman throughout many of the poems in this series, describes death as "lucky" and beneficial. He also explains how death leads to the beginning of life in this poem. The tone at the very beginning of this poem seems a bit youthful. Especially when the question "What is grass?" is posed to him by a child. This opening line gives you a great mental picture of a child about the age of five or six, walking up and asking innocently a question that you cannot answer. By using the line, "fetching it to me with full/ hands;" Whitman gives you that image right from the beginning. From there he goes into this sort of naïve tone, guessing what grass means. By doing so he shows himself to be mortal and not all-knowing. During this time in the poem, he gives beautiful metaphorical imagery, comparing the grass to other things and illustrating a better idea of what the grass is. Also during this speculation period, the wording becomes denser, as the ideas become complex. Whitman moves from the single-lined "childish" voice, into the adult stage of the poem. Here, he becomes surer of what the grass is and does less guessing. Around line 101, Whitman starts toward the turning point in the essay, describing the death aspect of the grass. Words like "dark" change the mood of the poem to a slower, sadder state. At line 110, the poem takes a sudden change and reads much quicker. It changes into a kind of argument and Whitman speaks more affirmatively. Now it seems as if he has been enlightened and understands what the grass is. The feeling of death changes to life and darkness changes to light. In a subtle way, he gives the reader a feeling of lightness and life, because in the last four lines he begins all of the lines with "A's" and as you read it you get that choral "Hallelujah" feeling. Whitman shows you the light. He tells you why death is a good thing. There is no more fear. "To die is different from what any one supposed, and/luckier.

Drug Testing Welfare Recipients Panel Speech

When you bring up the subject of drug testing recipients on welfare there are a variety of stands and opinions that people have on this matter. People who are providing their opinions come from many different cultures and important positions that may affect how they feel about this subject. My objective is to explore these different stands to give everybody a better understanding of where our peers may be coming from. The idea is not for me to take a stand but represent each stand there is in a neutral form. Should recipients of welfare be drug tested? Is it constitutional or unconstitutional?Lawrence Mead, Professor of Politics and Public Policy at New York University says yes, but the drug testing should only be required of recipients with a history of substance abuse. This is a viewpoint of somebody that agrees generally with both sides of the issue. We can also look at the viewpoint of a person who entirely agrees with welfare recipients being drug tested such as Ohio State senat or Tim Schaffer who was quoted saying in the Toledo Blade newspaper that â€Å"the drug epidemic is tearing families apart and if taxpayer dollars are fueling it then we’ve got to bring it to a stop. But someone with an opposing view might say that we can’t assume that welfare recipients are using drugs at a higher rate than the general population because if the focus were really about addressing substance abuse it would be more realistic to go about it with a more treatment and screening approach. We can also look at some of the views of people who are entirely opposed to the idea of drug testing welfare recipients.In 1999 Michigan ran a pilot program to drug test welfare recipients and was sued by the American Civil Liberties Union claiming that constitutional rights were violated because testing was done without â€Å"individualized suspicion. † Many other state such as Florida, Virginia, Ohio have all attempted to pass these bills but to no avail because al ready two months into this state legislative session and not a single bill has been passed. Many states according to the American Civil Liberties Union feel that this approach is far too expensive and not saving enough money in the end for the bill too be passed.The overall opposing view is that drug testing welfare recipients targets them and invades their privacy without any proof that this action is necessary. As of today March 13th, 2013 according to the Seattle Post Intelligencer, Michigan lawmakers are still considering passing this bill. References: Giammarise, K. (2012, December 16) Drug tests for welfare recipients weighed. The Toledo Blade. Retrieved from http://www. toledoblade. com/State/2012/12/16/Drug-tests-for-welfare-recipients-weighed-Multicounty-effort-proposed-for-Ohio. html Bloom, R. (2012, March 12) Drug-testing welfare recipients: a trend with no traction.American Civil Liberties Union. Retrieved from http://www. aclu. org/blog/criminal-law-reform-racial-justic e/drug-testing-welfare-recipients-trend-no-traction The Debate Club. (2013) Should welfare recipients be tested for drugs? U. S. News. Retrieved from http://www. usnews. com/debate-club/should-welfare-recipients-be-tested-for-drugs The Seattle Post Intelligencer. (2013, March 13) Bill requires drug tests for welfare recipients. The Seattle Post Intelligencer. Retrieved from http://www. seattlepi. com/news/article/Bill-requires-drug-tests-for-welfare-recipients-4350335. php

The First Wave Of Terrorism - 1740 Words

There continues to be a widespread scholarly debate on the concept of â€Å"new† and ‘old’ terrorism, where ‘new’ terrorism phenomenon is predominately linked with ‘religious’ terrorism. David Rapoport, also known as one of the most well known founding figures of terrorism studies, joined UCLA in 1962 as a political theorist and later he became a founder and editor of Terrorism and Political Violence (UCLA). The idea of religious terrorism coincides with Rapoport’s (2004) theory on the waves of modern terrorism, especially the fourth wave. Rapoport (2004) contends that modern terrorism should be split into waves with each wave being prevailed by a certain ideology. The fourth wave, which is the current wave today, is motivated by extreme†¦show more content†¦For example, some groups that have been herald as a terrorist organisation, such as Hamas, are mainly secular and driven by non-religious objectives (Schulzke NA). Fur thermore, Rapoport (2004) argues that ethno-religious conflicts are generally more violent than other forms of terrorism, however he fails to clearly elaborate what kind of behaviours would constitute as an ethno-religious conflict. Rapoprt’s claim is not consistent since so many religious individuals do not engage in any kind of violence. Furthermore, Rapoport (2004) focuses on non-state terrorist organisations that engage in organized religious violence, it turns the attention away from several forms of other religious violence that occurred informally or at the order of elites or political leaders. However this argument is not within Rapoport‘s scope of interest in terrorism. Nonetheless, this narrow theory consequently portrays religious violence as less common then it actually is since it does not take into consideration all types of religiously driven attacks. By analysing Rapoport’s (2004) theory on modern terrorism, it is evident that there are some criti cal flaws. Rapoport’s (2004) theory on the Four Waves of Terrorism is fixed whereasShow MoreRelatedReview of the Article The New/Old Terrorism637 Words   |  3 PagesUnit VI Article Review Summary The New/Old Terrorism, an article by Jeffery Kaplan (2011) discusses the United States the ramifications to the Terrorist attacks of September 11, 2001 on the World Trade Center in New York. The article notes that the use of explosives to accomplish acts of terrorism is nothing new, and looks at the history of terrorism in the world. Kaplan explains rift in academia between Georgetown University professor Bruce Hoffman director of the Center for Peace and SecurityRead MoreThe four waves of modern terrorism1563 Words   |  7 PagesModern terrorism, as deduced from this literature, is acts to violence strategically used by secular groups spanning international borders with the aim of achieving a desired outcome. Further, it can be seen as organized activity whose genesis can be traced back to the 1880’s. From then to now there are identifiable traits and patterns observed from different (terrorist) groups which have allowed for the conceptualization of the term modern terrorism. This concept therefore, can be best explainedRead MoreThe Bombing Of The United States1105 Words   |  5 PagesThroughout the 1990’s terrorism became more and more widely used as a means for achieving political ends. By the 2000’s, bin Laden had directed various attacks against the U.S. through the al-Qaeda terr or network, including the 1993 World Trade Center bombing and the 1998 U.S. embassy bombings in Africa (Mulhausen). On September 11th, 2001 things would change, Bin Laden would strike on United States soil. Nineteen terrorists hijacked four separate planes and crashed them into World Trade Center oneRead MoreReligion Is The Cause Of Recent Suicide Terrorist Attacks Around The World Essay1494 Words   |  6 Pagesshows there has been a majority opinion that religion is the cause of recent suicide-terrorist attack around the world. In the wake of recent terrorist attacks, Western culture has jumped to an easy and apparent conclusion that seeking to eliminate terrorism means realizing the motivations of the terrorists. The perpetrators of most of these terrorist attack, have all claimed motivation from their religion. However, religious beliefs and opinions plays a significant role in the lives of individuals asRead MoreThe Attack On The United States976 Words   |  4 PagesThe Atta ck on the September 11, and the consequent War on Terror changed how the American government and its public perceive terrorism and how to formulate a policy to counter the phenomenon. A couple of large wars were waged on the name of War on Terror and many other small wars and conflicts took place in numbers of countries and continents to eradicate the threat of a terrorist attack. Yet the terrorist groups survived and the United States were left with a large debt acquired by expensive counterterrorismRead MoreAnalysis Of David Rapoport s Theory Of The Waves Of Terrorism1744 Words   |  7 Pagespattern, the twenty-first century has experienced a divide between western powers and their allies, and some Middle-Eastern states. The events of 9/11 directly threatened the U.S. supremacy, marking the first significant terrorist attack on U.S. soil. As well as this, it became evident that there are new tactics available for individuals wanting to threaten the superpower. In enhancing the u nderstanding of these new tactics, David Rapoport’s theory of the ‘Waves of Terrorism’ will be explored. WhileRead MoreThe History of Terrorism in America1861 Words   |  7 PagesIntroduction Terrorism in America tends to be a product of many issues, population as well as conflict that has co-existed within the nations borders. Uniquely United State has been known for its ability to contain multitudes in relative harmony. According to investigations, majority of terrorism in the history of America is motivated by an extreme distrust of the ideal American democracy that has given opportunity for every individual to claim loyalty to, in addition to benefiting from AmericanRead MoreA Comparison of the September 11 Attack and the Attack on Pearl Harbor742 Words   |  3 PagesStates entering the second world war. on September 11, 2001 The American soil was once again attacked, in an act led by terrorism which also directed The United States into war but not a world war, but a war against terrorism. Pearl harbor Pearl harbor at 6:30 a.m. on December 7, 1941 six Japanese carriers launched its first wave of attack which consisted of one hundred and eighty-one different kinds of planes such as torpedo bombers, dive bombersRead MoreMorality Questioned in Unforgiven Essay648 Words   |  3 Pagesresemblances between the 1992 society, which was when the movie was made and the dystopian society displayed in the film. Terrorism could bear a resemblance to William Munny’s way of life for the first part of the movie. William Munny’s wife ridded him of all his previous evils including his way of murder, thievery, and immoral actions. At the time the movie was made, for instance, terrorism was at its lowest point it had been in twenty years which clearly resembles Munny’s dormant living style. The SchofieldRead MoreNegative Effects Of Globalization1552 Words   |  7 Pagesindividuals. Some oppose the changes it brings, some turn it to their benefit. The latest globalization wave carrying American values hit the Arab Spring particularly hard. The fight against conformation to American values intensified Jihad movements through terrorism against the Western world. Terrorist groups were able to utilize the same communication advances that caused the latest globalization wave, trying to resist all the social changes it brought upon conservative Muslims, at the same time driving