Focus Question: 8th Question “Should the government break up Standard Oil’s monopoly?” Yes the government should break up the standard Oil’s monopoly because it’s not fair to other businesses out there that need to have competition too. I think that they shouldn’t be able to do that and should have to play the game fairly. Trusts are a combination of companies to drive out other businesses and its messed up and therefore it should all be equally fair to all businesses to make money and have a successful
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Aashka Parikh 988:101:03 10/11/2012 Donna Langston‚ in “The Difference Among US: Divisions and Connections” (2003)‚ questions the availability of the “equal opportunity” that the U.S. is proud of. As much as the people would like to deny that people are born into a certain economic class‚ and will most likely remain in that class for the rest of the life‚ it is true. As she puts it‚ “some were born with silver shoe horns” (Langston 371)‚ people who are born into a financially stable environment
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* In your analysis‚ please make sure to explain your reasoning and relate your answers to the characteristics of the determinants of the price elasticity of demand. Guided Response: Review the discussion board posts of your classmates. Note their responses to the determinants of price elasticity of demand. Respond to at least two of your classmates. Discuss with your peers the characteristics of an inelastic versus elastic good. 2. Externalities Explain the difference between a positive
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Unit 4 – Pure‚ Per Se and Natural Monopolies Individual Project Sometimes market activities (production‚ buying‚ and selling) have unintended positive or negative effects outside the market’s scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulates emitted by and local power plant‚ answer the following questions: * What two policies could you use to reduce the total amount of emissions? * Per our text book‚ the gases
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There are many ways to segment markets‚ but the most effective approach for Tesla would be to use a concentrated segmentation strategy. Tesla should not try to appeal to everyone by engaging in a mass marketing campaign. A concentrated segmentation strategy will allow Tesla to employ its limited resources more efficiently. Geographic segmentation is used when a product satisfies a customer’s want or need that is specific to a region. Tesla can use a geographic segmentation because gas prices
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History of Drama Ancient Drama The origins of Western drama can be traced to the celebratory music of 6th-century BC Attica‚ the Greek region centered on Athens. Although accounts of this period are inadequate‚ it appears that the poet Thespis developed a new musical form in which he impersonated a single character and engaged a chorus of singer-dancers in dialogue. As the first composer and soloist in this new form‚ which came to be known as tragedy‚ Thespis can be considered both the first dramatist
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Romeo and Juliet( one of Shakespeare’s best play ) is about two people‚ from rivaling families‚ fall in love and (finding that they can not keep their love from their parents) take their lives. But there is more then one character within the play‚ one of which is Mercutio. Even though he does not like the Capulets ‚ he is still a good friend. Though Mercutio can make jokes at the worst of times‚ he is also a brave and loyal friend. Mercutio is the joker within the play. For example: when Tybalt
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Another hero that the Greeks had valued is Hercules‚ for his strength and self confidence. Hercules was the greatest hero of Greece‚ for he was the strongest man alive‚ and his self confidence that came with his strength‚ was unshakable. These two traits are closely connected because with his strength he was able to endure the physical and mental preparation for battle‚ which was valued by the Greeks because of all the battles. If you were weak‚ you would be expected to give up‚ whereas if you had
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Entrepreneurs have many of the same character traits as leaders‚ similar to the early great man theories of leadership; however trait-based theories of entrepreneurship are increasingly being called into question. Entrepreneurs are often contrasted with managers and administrators who are said to be more methodical and less prone to risk-taking. Such person-centric models of entrepreneurship have shown to be of questionable validity‚ not least as many real-life entrepreneurs operate in teams rather
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Becoming a Hero "A hero is someone who has given his or her life to something bigger than oneself" (Campbell 1). When we think of heroes most of us think of movie stars or professional athletes‚ but it’s not always about your popularity or talent it can also be about how you help society. What I think make a great hero is someone who is able to overcome his or her obstacles in life‚ is highly motivated‚ and has plenty of bravery. Overcoming obstacles may be one of the hardest parts of being
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