to make someone better off by making someone else worse off. A change is known as a Pareto improvement if it means that at least one consumer would be better off by the change and no consumer would be worse off. Pareto efficiency is extremely useful for economists; The First Welfare Theorem states that when producers and consumers both are price takers‚ the equilibrium allocation is always Pareto efficient. Hence‚ a competitive economy essentially will automatically’ allocate resources efficiently
Premium Economics Welfare economics
How useful and reliable are these sources in explaining how women’s lives were affected by World War One? World War One began in 1914 and ended in 1918. Women’s lives were majorly affected during the war. My role is to find out if the lives of women were greatly affected by the First World War. During the war since most of the men were off fighting‚ the women were needed to stay home and run things so that the economy would not completely fall apart. Women had to take over men’s work to ensure
Premium World War I World War II
the contemporary organizations prefer to use the more mature theory then the new issued study. I don’t think Stace and Dunphy ’s situational approach can satisfy all the condition on the whole organization change; however‚ it should be something useful for the contemporary organizations. There are four types of change are defined by Dunphy and Stace (1993): type1: F ine-tuning; type2: Incremental-Adjustment; type3: Modular-transformation; type4: Corporate-transformation. F ine-tuning changes
Premium Management Organization Change management
Why I joined the Marine Corps and how I can be useful to Tow PLT at 2nd tanks In this paper I will illustrate the fallowing two points: “why I joined the United States Marine Corps and how as an anti tank guided missileman with the billet of driver; I can be useful to not only TOW platoon but the current second section. I will begin by explaining chronologically the events that led me into making the life altering decision to join America’s finest fighting force‚ the tip of the spear‚ those
Premium United States Marine Corps United States
Topic: Some people think reading books is more useful in developing young people’s language skills and imagination than watching TV. To what extent do you agree? Brainstorm: General topic: Reading books is more useful than watching TV in developing young people’s language skills and imagination. Reading books is more useful: (1) The more you read‚ the stronger your imagination becomes. (2) Reading is an active participant‚ but watching is a passive action. They influence our behavior because
Free Television Reality television Television program
How useful and reliable are these sources in explaining how womens lives were affected by World War 1? This essay is going to be about World Ward 1‚ which started in 1914 and ended in 1918‚ and how it affected the livs of women. The war made an impact on lives of many women‚ some in a positive way and some in a negative. Before WW1 women had very little policital power and were considered inferior to men. Men didn’t see the need for women to have a voice‚ and that their opinion was not needed.
Premium World War II World War I Women's suffrage
The phrase "carpe diem" is a powerful Latin phrase‚ that when translated into English means "seize the day." Themes of "carpe diem" were predominant in seventeenth century poetry‚ and this can be seen in the two poems‚ "To the Virgins‚ to Make Much of Time‚" by Robert Herrick and "To His Coy Mistress" by Andrew Marvell. Robert Herrick’s‚ "To the Virgins‚ to Make Much of Time" is a popular poem in British literature‚ that professes a common universal moral. The first two lines read‚ "Gather ye rosebuds
Premium To His Coy Mistress Carpe diem Andrew Marvell
English Mock revision exam Read source 1‚ lifesaving with class‚ by Rory Stamp‚ from the RNLI magazine‚ the lifeboat. Question 1:- What do you learn about the beach article about the beach to city programme run by the RNLI? From the article we learn that that the beach to city programme is run by the RNLI (Royal National Lifeboat Institute) and also that they do good work as a charity which very little I known about them in some places. Their aim is to ‘educate children about the dangers of the
Premium The Reader Question
Task 2.1 and 2.2 How you plan to collect data on customers‚ competitors and the market environment and why you think this will be useful. How do you propose to use this market research to understand the behaviour of customers‚ competitors and the market environment? Market research is a crucial factor to do for any organisation in order to make their business successful. In the case of STUDENTAL‚ it is a new product from Sainsbury’s. Therefore‚ Sainsbury’s have to do all the market research on
Premium Energy drink Red Bull Question
and they allow us to know the motive of characters‚ especially Iago‚ and we see the characters in their true light as they use language and images which are typical of them. Iago illustrates the issue of deception through his soliloquies; they are useful as they show Iago’s true feelings. Iago’s character is presented to us through his soliloquies‚ illustrating motives which he uses to justify his actions‚ making the soliloquies instruments to show the audience what makes Iago tick. Language is the
Free Othello Iago William Shakespeare