The pros and cons of entering a market by Judith A. Chevalier Introductory economics textbooks gene rally tell us to expect new entrants into an industry whenever the incumbent companies are earning profits greater than their cost of capital. Furthermore‚ we are told that entry will occur until profits net of the cost of capital are driven to zero. Obviously‚ this view of the world is too simplistic. We can think of many examples of markets with no regulatory barriers to entry in which incumbent
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Sexual harassment has been broken down into two types‚ Quid Pro Quo and hostile environment. Quid Pro Quo means “This for that” (Broderick) It demands sex in exchange for benefits to which a person is otherwise entitled. Quid Pro Quo may also occur when a supervisor makes sexual conduct of an employee a condition for employment benefits or advancement‚ or a condition for avoiding adverse employment action. (Broderick) Quid Pro Quo is sexual propositions‚ unwanted graphic discussion of sexual acts
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energy at any time. On the other hand‚ there is enough uranium for nuclear power for another seventy to eighty years(“Nuclear Energy”‚ n.d.). Also‚ nuclear reactors can produce energy without interrupting even for a year due to its working process mode (“Nuclear Energy ”‚ n.d.). Moreover‚ the nuclear plants need to refuel every only eighteen to twenty for months (“On Reliability”‚n.d.). In 2014 in the U.S the capacity factor maintained between 95 and 98 percent‚ that allowed consumers to keep their
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In 1992‚ Canada‚ Mexico‚ and the United States signed the North American Free Trade Agreement (NAFTA). NAFTA established a free-trade zone in North America and took effect on Jan. 1‚ 1994. The purpose of NAFTA was to immediately lift tariffs on the majority of goods produced by the signatory nations. It eliminated many trade barriers between these nations and it “encouraged the mobility of capital‚ production‚ and manufacturing throughout the region”(Hernandez‚ 27). Since NAFTA has been into effect
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As a nation‚ the United States has more people in prison than any other country and the burden this places on the resources of our society is immense. Evidence shows incarceration is not always an effective way to achieve a safe society (Tonry) and in an attempt to reduce the sheer number of prisoners‚ other methods of rehabilitation and punishment are sometimes used. The most common methods used are some form of probation or parole. While both probation and parole are alternatives to incarceration
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And more bad news: "The remarkable productivity growth that has enabled the U.S. to become the wealthiest country on earth has slowed considerably... The productivity of U.S. workers has grown at an average annual rate of about 2.5% since 1948‚ but has averaged only about 1.1% since 2011—less than half the historical rate." As we note in a related editorial‚ the solution lies in a return to pro-growth economics. PILOTS WANTED A wave of mandatory retirements plus new FAA regulations mandating more
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womb. It is either done by having an induced abortion or caused by a spontaneous abortion which is also known as a miscarriage. There are people who are pro-life meaning that these people believe that the government has an obligation to preserve all human life‚ regardless of intent‚ viability‚ or quality of life concerns. While the people who are pro-choice believe that individuals have unlimited autonomy with respect to their own reproductive systems as long as they do not breach the autonomy of others
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Wikipedia: Free Citations to the Free Encyclopedia In 2006‚ a study found that about eighty-seven percent of Wikipedia’s articles did not contain errors (Maehre). Wikipedia has been criticized by many who believe that its editorial process creates a source of information that is erroneous‚ uneven in quality‚ and subject to acts of deliberate attempts to lower the accuracy of information (Belanger). The website ’s millions of registered users‚ supporters‚ and administrators argue that they can edit
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The Necessity of ObamaCare in the United States The United States is heavily watched around the world in terms of politics or any other action as it is one of the leading countries of the world. Recently‚ the United States caught the eye of the world in its recent debate of the health care reform. Most commonly referred to as “ObamaCare” the official name is the Patient Protection and Affordable Care Act (PPACA) or for short‚ the Affordable Care Act (ACA). President Barack Obama on March 23‚ 2010
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entitled illegal immigrants to public education from kindergarten through high school; 50‚000 to 70‚000 graduate from U.S. high schools each year (Holland‚ G.‚ 2008). The objective of this paper is to analyze the pros and cons of undocumented immigrants receiving public education. Pros Caring for Children The right of undocumented immigrants to attend K-12 public schools in the United States came by way of a US Supreme Court ruling in Plyler v. Doe (Lad‚ K.‚ & Braganza‚ D. 2013). It’s a legal and
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