Watch the presentation by Tim Goeglein, Special Assistant to former U.S. President George W. Bush. Answer the following questions based on his message. This presentation was recorded live at a residential GOVT 220 class in 2013. Answer the questions fully and organize your answers to match the questions. Proper grammar and spelling are factors in grading.
Price elasticity of supply can have multiple effects on a market based on the amount of time needed to react to a price change. There are 3 time categories to describe how mush the
However it doesn’t have a large impact on the food industry as such as consumers need to purchase food in order to survive. Although they may decrease quantity of foods they choose to buy, they are still willing to purchase basic foods that will sustain their health. Consumers are more likely during an economic downfall to spend their money on foods they require rather than want. The company as a result obtains an advantage from its competitors as they produce long lasting food options, which allows consumer’s to save during tough times. This highlights an opportunity for the company as they produce healthier and simple food varieties which many customers desire.
In the first draft the author jumps right to the thesis statement and the publisher’s purpose. He does not have a clear introduction because it was missing an attention getter. The author started talking what the essay was going to be about, and for me it was just like the author didn’t want to spend more time working on the introduction. The author had some problems with sentence structure, moreover, I think that the author wanted to be more specific about what he/ she was talking about that sometimes he/she confused himself.
This means that if it is working so well for such a long time why not just continue Industrial food chain. Research also shows that “Fifty years ago, before the coming of giants, this country’s cows, pigs and poultry were mostly raised outdoors and sold, for whatever the spot market bore, at livestock auctions for cash”. this show meat is still being sold for cheap prices like it was 50 years ago. This also show why the industrial food chain is still going on now because of the price and the amount of restaurant and store that still use the industrial food
In this week’s Ted Talk, Alison Gopnik focused on the thought process of babies. In the past, people believed that babies could not perceive another individual’s thoughts, however with the passage of time these believes have changed. To help us understand what babies could be thinking and if they acknowledge other people’s thoughts, Gopnik explained how she and one of her students tested this idea by using broccoli and crackers. The student gave 15 and 18 month-old babies two bowls, one with broccoli and the other one with crackers, and the babies showed more preference for the one with the crackers. The student, on the other hand, tasted the food from both bowls in front of the babies and acted as if she loved the broccoli and dislike the
This is evident in the simple supply and demand graph; as price goes up, supply will increase as more suppliers will be willing to supply at a high price, but the demand will decrease due to the high price, causing a surplus of products. A real life example would be the milk industry in the United States, where governments put a price floor above the equilibrium price to support the suppliers, causing a great surplus of dairy products. Another example is the San Francisco Earthquake in 1987, after the disaster the demand for bottled water increased drastically, causing a right shift of the demand curve in the market of water, however the supply of bottled water also decreased due to damaged pipes, therefore the price of bottled water increased. Many other suppliers may sell bottled water at that time with a very high price, this is called price gouging. High prices often does two things that benefits the economy, one is that it encourages the consumer to conserve the product and not waste it, the other is that it encourages suppliers to supply when a product is
Lukianoff and Haidt provide examples of how students are trying to eliminate speech that may be found offensive or discomforting on campus in their article for The Atlantic. Two fairly recent terms to understanding this development in student ideology are “microaggression” and “trigger warning.” A microaggression is inadvertently insulting someone or a group of people with something that was not meant to be offensive. A trigger warning is a warning often provided to students when the subject matter of a class may be found offensive or elicit a strong emotional response. These two terms represent the change in ideology towards speech on campuses.
Higher education is important to most people, but there are times where it does not take priority. One major issue talked about by Magdalena Kay in “A New Course” is that teachers are teaching to the state test, and not to teach students knowledge. There are two perspectives in this article: one is from Magdalena Kay, an associate professor of English at the University of Victoria, and the other is Christopher Lasch. Christopher Lasch is a historian and a social critic, who does not have an inside sight into the educational system. Lasch is only able to express the perspective of an outsider, unlike Kay who has an insight because she is in the educational system.
In Ilya Shapiro's article "Loss for the Redskins, loss for free speech," published in USA Today on July 10, 2015, he address the use of Native American slurs in Washington, DC's NFL team name and trademark. Throughout the paper there are sound and logical arguments that appeal to the audience who may also be informed. Shapiro appears to be knowledgeable about the law including the First Amendment and how free speech should apply to the protection of names and logos used for team sports. USA Today is a nationally distributed newspaper whose intended audience are middle class citizens. While Shapiro's arguments may have an effect on like-minded readers sharing his opinion, most consumers of this publication may not pursue any further ventures into this topic after reading this article.
Pecha Kucha Script As studies show, only 38 percent of on-reserve students finish high school, literacy rates are half the Canadian average, and the youth suicide rate is seven times the Canadian average. In Canadian prisons, ⅓ are Indigenous women and ¼ are Indigenous males. Indigenous children represents the face of Canadian child welfare and Indigenous homelessness is everywhere.
This lead to a large industry of ‘supermarket convenience foods’ being produced as not only large food processing companies, but correspondingly new companies were created and they invested into the concept, making their own versions and thus creating new jobs. The invention of the kettle furthermore lead to more jobs as hundreds of companies
The real meat industry will always be a large threat to the plant-based meat industry due to the fact that they offer all of the same products at only one third of the price. The price disparity between these two offers a big advantage to the real meat industry. If production falls or the economy sees any form of disparity then consumers will just return to buying real meat. The drawbacks of a shortage of pea protein and completion within the market diminish the profitability of opening these new 18
Class Size Survey There all colleges all over the world and students attend these colleges with high goals and important aspirations. These colleges have class sizes ranging from around four students in one small class to around three hundred students in a lecture class. Most high schools’ largest classrooms tend to have no more than thirty-five students per class. This is interesting because high schools have smaller classrooms, but yet some colleges have large classrooms.
This is also where price mechanism takes place because any changes in demand and supply, will affect the price, and eventually balancing the demand to be equal to supply. This is the reason why consumers and producers have no control over the price, and in this situation, everyone is considered as price takers. This causes a horizontal line in the demand curve for the firm’s product(s), as can be seen in Figure 1 (b). Figure 1 There are barely any barriers to enter this market, making it easy to enter and exit according to the firm’s capabilities.
