Executive Summary: The cereal market is a booming industry. It has been around for over one hundred years and continues to attract millions of customers’ everyday. The market structure of the cereal industry is an Oligopoly. This is because there are four large firms‚ Kellogg‚ General Mills‚ Post‚ and Quaker Oats‚ which dominate the industry. There are also a few small firms who are involved in the cereal industry as well. The cereal industry targets all different age groups from young kids to
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I think e-cigarettes should be regulated by the FDA‚ because e-cigarettes are harmful and can be very dangerous to kids and teenagers. The use of e-cigarettes by teens has doubled since 2011‚ and the electronics devices are being marketed to youths. These devices is putting teens at risk for addiction to nicotine and regular cigarettes. The e-cigarettes are to help smokers to stop smoking‚ but when teens start using e-cigarettes‚ it makes them go on to regular cigarettes. e-cigarettes should be regulated
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Have you ever heard the saying “Long life or cigarettes? You choose.” Studies from http://www.cdc.gov/tobacco/data_statistics/fact_sheets/health_effects/effects_cig_smoking/ show that the adverse health effects from cigarette smoking account for more than 440‚000 deaths‚ or nearly one of every five deaths‚ each year in the United States. There are more fatalities caused each year by tobacco use than by human immunodeficiency virus (HIV)‚ illegal drug use‚ alcohol use‚ automobile accidents‚ suicides
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For my whole life‚ I have never understood why people smoke cigarettes even when they know the horrible effects it has on one’s health. It has been known for many years that the use of tobacco products is the main cause of life threatening diseases‚ such as cancer and emphysema. In the 20th century alone‚ smoking tobacco has accounted for over 100 million deaths‚ yet people continue to infest their body with this poisonous smoke. I realize now that the reason I have negative feelings towards smoking
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TELECOMMUNICATIONS INDUSTRY The telecommunication industry is considered a vital part of our everyday lives. Although it only represents about 2.4 percen‚ the services it provides are important to other sectors in the economy. One of the most debatable topics in economics is the Telecommunication Act of 1996‚ and according to the Federal Communication Commission‚ “It is the first major overhaul of telecommunications law in almost 62 years. The goal of this new law is to let anyone enter any communications
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Jacob Beacham 8th Grade English Mrs. King April 26‚ 2016 Should Smoking be Banned? There are more than 7‚000 chemicals in a single cigarette. Those chemicals can be very harmful. Smoking cigarettes should be illegal because you can get lung cancer and secondhand smoke harms other people that are around you. First of all‚ most people get lung cancer. For example‚ according to the article What Causes Lung Cancer states “That smoking causes about 90% of all lung cancer” (pg. 1). That means smoking
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Charging an e-cigarette battery may seem like it is a simple task. However‚ there are a few things you will need to know about charging your e-cigarette battery. Below is a list of things you should know about charging your e-cigarette battery: Use The Appropriate Charger You should only use a charger that was specifically designed for your battery. Even if a similar charger fits your e-cig battery perfectly‚ it may not charge your battery with the appropriate voltage. It may also not charge your
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is the presence of harmful chemicals in the e-cigarette liquids.These liquids typically contain nicotine. It is highly addictive and can have detrimental effects on brain development. Particularly in teenagers and young adults. Additionally‚ the vapor produced by e-cigarettes contains toxic substances such as formaldehyde and acrolein.It can cause lung disease and respiratory disease.Vaping has the potential to serve as a gateway to traditional cigarette smoking. Studies have shown that individuals
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largest 4 firms in an industry. Formula: CR4= Σ4i=1 si Calculation: (11‚834‚883 + 3‚845‚900 + 3‚696‚800 + 3‚650‚647) / 44‚582‚621 = 0.5165292996 = 0.516 (3dp) =51% Analysis: As the four firm concentration ratio is >50% this insinuates that this market structure is that of an oligopoly. Calculating the Herfindahl-Hirschman Index (HHI) Definition: The HHI is a concentration measure based on the sum of the squared market shares of all the firms in the industry. Formula:
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Question: The sale of cigarettes should be made illegal in Singapore. What is your opinion ? Intro Smoking is one of the leading killers in Singapore; on average‚ 7 Singaporeans die each day from smoking. A multitude of people demand the government to crack down the practice of smoking by banning the sale of cigarettes. However‚ an opposing voice refutes that this will not work as there are other means to get cigarettes. I am of opinion that sales of cigarettes should be banned as it
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