statements‚ however his argument comes across as completely one-sided and biased. Plato’s ideal of a “perfect” society may be effective and keep the system orderly‚ but it deprives the majority of the population of their rights as human beings‚ and his idea of a just person does not match up with his idea of a just society. If one closely analyzes Plato’s “perfect” society‚ it is clear that it may seem perfect to the outside world‚ but is run in a dictator-like fashion that does not lead to living an enjoyable
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A perfect Tech nerd From an early age‚ I’ve been deeply fascinated by computing. I was first introduced to this gadget‚ my 30 pounds Pentium 1‚ by my dad when I was just nine. I was immediately struck by this incredible machine that seemed to take a life of its own. This sparked the desire to learn more about computers‚ to learn about how they work; a desire that still drives me to this day. More than anything‚ I always imagined a computer as more than just any machine unlike the other electronics
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difference between monopoly and perfect competition? Firm under perfect competition and the firm under monopoly are similar as the aim of both the seller is to maximize profit and to minimize loss. The equilibrium position followed by both the monopoly and perfect competition is MR = MC. Despite their similarities‚ these two forms of market organization differ from each other in respect of price-cost-output. There are many points of difference which are noted below. (1)Perfect competition is the market
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Famous basketball legend Michael Jordan once said‚ “There is no such thing as a perfect basketball player‚ and I don’t believe there is only one greatest player either.” I like this quote because it gave a lot of experience to other sports player achieve their goals. The reason why I want to be a basketball player is because I want to take that next step by practicing and knowing the rules about this sport‚ getting to know much about some pro basketball players‚ and start focusing on helping the
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Perfect Labor Markets When looking at the market for labor‚ it is useful to make a similar distinction to that made in the theory of the firm: the distinction between perfect and imperfect markets. Although in practice few labor markets are totally perfect‚ many do at least approximate to it. The assumptions of perfect labor markets are similar to those of perfect goods markets. The main one is that everyone is a wage taker. In other words‚ neither employers nor employees have any economic
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The Guide to the Perfect Date Do you think the perfect date would be going to taco bell? Or how about White Castle? The perfect date‚ as we all know it to be‚ would not be either of those two places. The perfect date would be something that was heartfelt and was meant to impress your date. The three things that would make the date perfect would be the occasion of the date‚ the location for the date‚ and most importantly the
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God (the greatest being that can be conceived) to exist only in understanding. Therefore‚ God exists! The greatest flaw in this argument‚ pointed out by Gaunilo in his ‘Perfect Island’ argument‚ is it invites parody. He argued that it’s possible to use the same form as the ontological argument to prove the existence of a perfect island; the island must exist otherwise it’s possible to conceive of an island greater than that island than which no greater can be perceived which is logically absurd.
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The year was 1977 and my father probably still had a full head of hair. Besides that‚ 13-year-old Dad was able to witness one of the greatest album releases of all time. On the verge of breaking up due to divorce (Christine & Bob McVie) and the on-again-off-again relationship style of Stevie Nicks and Lindsey Buckingham‚ Fleetwood Mac released their best album and one of the most legendary albums to this day. This throwback Thursday let me take you through Rumors by Fleetwood Mac. “Second Hand News:”
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Assumptions of Perfect Competition The model of perfect competition is built on four assumptions: • Firms are price takers. There are so many firms in the industry that each one produces an insignificantly small portion of total industry supply‚ and therefore has no power whatsoever to affect the price of the product. It faces a horizontal demand ‘curve’ at the market price: the price determined by the interaction of demand and supply in the whole market. • There is complete freedom of entry
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will discuss the difference between perfect and imperfect competition‚ and explain how imperfect competition may have affected the growth and development of the telecommunications sector in Malaysia. 3.1 The difference between perfect and imperfect competition It is traditional to divide industries into categories according to the degree of competition that exists between the firms within the industry. There are four such categories. At one extreme is perfect competition‚ where there are very many
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