Aspects of Research Essay Example | Topics and Well Written Essays - 750 words

Parts of Research - Essay Example Distinguishing the key perspectives: Key viewpoints resemble the columns whereupon the further investigation and game-plan is to be set up. Along these lines characterizing and unmistakably chalking out the key angles is of high significance, without this no examination would remain to satisfy the prerequisites that are adjusted against it. Albeit an examination is liable to number of significant variables against which the whole investigation and strategy is built up, yet there are three essential angles without which an exploration would neglect to yield the ideal goals that are set against it. Subject: The primary part of high significance is that of characterizing the extent of research point close by. Realizing what to do, how to do, and when precisely to do are the three sub elements of this part. A general attribute of research expresses that distinguishing the current issue, is the half goals of issue. Picking a subject and subject of research has certain essential strides to it that are considered and satisfied. These incorporate the pre operational schoolwork, plausibility examines, deciding the strategy, task of jobs and errands, setting the cutoff times and wanted timings for fruition of specific undertaking, trailed by the sub segmenting and dismemberment of the general bigger body of the exploration in itself. Writing survey: Literature audit is the foundation of any exploration embraced. No exploration can make due to exist without the component of writing survey. Since explore is a reliant element and it is frequently continuation of work from a specific point on with point of realizing further upgrades and headways in that specific field, along these lines it is exceptionally wanted and requested to examine the pertinent writing material. The writing material is that specific substance that gives thought of what measure of work has been done in this field, what methods and examples have been received, what level of progress has been accomplishe d, against the ideal desires. The most significant purpose of writing audit is the approval of the whole plan of activity, and giving some credibility of the statements and activities in the light of work performed by the specialists and analysts in that specific field of study (Fink 2010). Approach: Methodology part is that specific part of research which empowers the functional execution. While writing survey is generally on hypothetical grounds and includes investigation of earlier work and research led in that specific field, the procedure stage is the down to earth execution of thoughts, activities and way to be attempted. System region is relatively bigger than writing survey segment and maybe the more extensive region of whole research. Technique is the conventional reception of arrangement and strategy attempted. Strategy may include the utilization of instruments, the procedures, and other viable natured material of an exploration study. It additionally includes the compone nt of variable investigation. Factors are in subordinate and additionally free natures which directly affect the general result of a specific research attempted. The investigations of these factors empower better comprehension of the pragmatic activities and furthermore takes into account relationship between's different components inside the investigation of research body. Procedure part sets the course and activity way for the poll and the kind of review that possibly attempted in the reasonable field. Strategy takes into account diagrammatical and

PEST analysis of BHP Billiton Coursework - 2475 Words

PEST analysis of BHP Billiton (Coursework Sample) Content: COMPANIES ANALISYSInstitutionAffiliation No;Date of SubmissionPEST analysis of BHP BillitonPolitical factorsThe company is a global resource company that has invested even in countries with high risks of political instability CITATION Abb13 \l 1033 (Mirza Nandakumar, 2013). The crisis arises due to various issues which are not limited to civil unrest, changes in government policies, terrorism and breaching or nullification of contracts. For example, Chile increased its tax on mining which led to doubt of achieving anticipated income. In addition, the implementation of the Mineral and Petroleum Resources Development Act of 2002 made a significant effect that made the company to make a huge loss since it was forced to give 26% of its ownership rights to people in South Africa who were underprivileged CITATION Car07 \l 1033 (Correia al, 2007).Economic FactorsThe company is susceptible to these factors because they do fluctuate from time to time. They include increase d costs of energy, costs of skilled and unskilled labour, expenses incurred during discovery time, operations and materials. The currency predictability and economic perils in industrial economy worldwide are also major contributors to the progression or retrogression of the BHP Billiton (Permatasari, 2012).Socio-Cultural FactorsThe company has roots in 1st, 2nd and 3rd world countries and due to cultural diversity, it faces a challenge in that it has to support the community financialy and provide resources and social amenities. This leads to low profit margin since more is channeled to development costs for example in Antofagasta-Chile the workers quality of life (Hargreaves, 2012).Technology FactorsNew technology inventions are being discovered in terms of assets and project performance. It embraces new technology in order to cope with the current market demand. This makes it to prioritize on investing on technology for efficient, safe and fast working.EnvironmentBHP Billiton as a natural assets organization is defenseless to regulation and opens strategies in regards to nature including the 1997 Kyoto Convention, the European Union Outflows Exchanging Framework, the Asia-Pacific Organization on Clean Improvement and Atmosphere, clean emanations, reusing and renewable vitality CITATION Dan11 \l 1033 (Samson Daft, 2011). Ecological groups and NGOs utilize nonstop pressure on the organization. BHP Billiton tries to take after a practice of 'zero harm' and sustainable development. BHP Billiton has focused on decreasing greenhouse gas outflows in operations by 5% in recent years.BHP Billiton is in charge of natural conditions at present and previous mining and drilling operations. Environmental obligation is connected to the key vital driver of permit to operate and the company has ensured it has followed the required rules and regulation protecting the environment. Amid 2006, the organization designated over $2.8b for recovery and decommissioning expenses an d this figure was evaluated to increment of another 25% CITATION CeÃÅ' 10 \l 1033 (Louche, Idowu, Filho, 2010).LegalLegal elements are a paramount component for BHP Billiton risks. The organization has confronted legal liabilities in the decisions for bringing on ecological harm at the Southwest Copper operations in Arizona which affects economic performance. BHP lost an imperative Government Court verdict in Australia concerning the access of rail for two Western Australia iron metal mines. This claim was initially acquired the Australian Aggressive Tribunal by Fortescue Metals Bunch, which is a littler iron metal contender to BHP in the Pilbara District. BHP Billiton expressed that the decision will have an effect on the generation of iron metal and delay future venture choices. The Western Australia Pilbara District is one of the most noteworthy zones of development for BHP and it gives send out pay of $5.5b AUD and employments in excess of 7,000 people.SWOT analysis of BHP Billiton CompanyStrengths * It is among the companies that are in the first-class dealing with natural assets. It the second biggest company selling Uranium, Silver and lead * It is the biggest copper, metallurgical coal, manganese and iron ore sources in the whole world. * It has restored capital to its investors through a plan known as à ¢Ã¢â€š ¬Ã‹Å"share buy-back planà ¢Ã¢â€š ¬. It has also, in the past 5yrs it has made high profit (BHP Billiton, 2005). * It is strategically positioned to operate in almost all continents hence derivers its products globally except Greenland.Weaknesses of BHP Billiton Company * It has several human resource problems in that they have to appoint new CEO, employ and training new and additional mining workforce. * The company lacks vigorous corporate communications. * The motto, vision, mission and strategy has to be redefined for personal motivation and also improve efficiency. * BHP has not effectively secured their position on access to open fr amework and they have a little gathering of fitting open backing in advertising and political campaigning.OpportunitiesA pipeline project worth $17.8 billion was started in 2013 and is in progress. This project was proposed to generate revenue if the measures on cost effective and market are strong (BHP Billiton, 2011). BHP Billiton has devoted itself to diminish their greenhouse gas releases by 5%. Appropriate management of this system can bring about a positive hotspot for sustainable advancement and ecological obligation. There is an opportunity for the company in transportation operations since it owns company owns trading division and energy transportation. Oil and common gas are right now valuable items and the BHP portfolio is situated in the most part of Australia and USA (Benain, 20). These places are secure, self-ruled locales.ThreatsThe shipping costs, labor costs and energy costs keeps on increasing day in day out. Human resources and inflation are other things that keep on challenging the stability of the company and its ability to expand (Wheatley M. (2012).It faces some political opposition because it has to adhere to enhancement of environmental demand, sustainace of environment and good relation with stakeholders.The organization must strive to fulfill the interest yet stay fiscally centered to perform expanding benefit volumes together with an ascent in characteristic items shipments.COCA-COLA PLC SWOT AnalysisStrengthsCoca Cola Company is among the best brand in the world. It has a value of $ 77,839 billionIt offers beverages in the whole worlds and it has the biggest market shares in terms of drinks supply. It does a lot of marketing and advertisement of the product and thus making it to be known by very many people and by 2012 the brand recognition increased and hence the sales rise. It has created a good customer loyalty and has enhanced business social responsibility.WeaknessThe Coca Cola portfolio is not diversified since it focuses on sales of beverages only.It creates some negative publicity due to the high water usage and use of chemical that are harmful in producing its drinks. It deals majorly on the carbonated drinksMany other beverages drinks offer a stiff competition to this product.Opportunities * There is an opportunity of increasing its product through production of bottled water whose has demand has increased globally. * Expanding interests for healthy nourishment and refreshment to avoid or prevent some health issues. This is by providing drinks that maintains the body in healthy status such as drinks with low calories and sugar. * Growing drinks utilization in developing markets (particularly BRIC) * Enhancing development through acquisitionsThreats * Consumers may change their interests and preferences * Water can be scarce in some places and since the company requires a lot of water this can poise to be problem. * The strength of dollar can also affect the Coca Cola market negatively. * Fear over r eduction of net and gross profit this is because of increased raw material costs and water. * There is a stiff competition for market share with PepsiCo especially in India. * Decrease in market for the carbonated drinks worldwide is also a major threat for Coca Cola Company.Pestle Analysis for Coca ColaPolitical AnalysisThe business environment for non-alcoholic is changing and more competitive product as well as pricing pressures in maintaining their sales worldwide. Government changes, civil unrest and difficulties in capital transfer across borders are amont the political conditions that do affect the market of the coca cola products.It has capability to break into emerging and developing markets, which likewise relies on upon monetary and political conditions, and how well they find themselves able to secure or structure key business collusions with nearby bottlers and make important foundation upgrades to generation offices, circulation systems, sales equipment, innovation and technology CITATION Pau13 \l 1033 (Baines, et al., 2013).Economic Analysis for Coca-ColaEconomic change, for example a recession creating increased activity at the lower ends of product price ranges. Rate of interest rises depressing business and causing redundancies and lower spending levels.The non-alcoholic beverage industry has high sales in countries outside the U.S. According to the Standard and Poor's Industry surveys, "For major soft drink companies, there has been economic improvement in many major international markets, such as Japan, Brazil, and Germany" CITATION Jul13 \l 1033 (Anders, 2013). These markets will continue to play a major role in the success and stable growth for a majority of the non-alcoholic beverage industry.Social Analysis for Coca-Cola

The Moths - 827 Words

Learning Lessons Through Death In the short story, â€Å"The Moths†, the narrator, a fourteen year old girl, assumes the responsibility of taking care of her cancerous and dying Abuelita. Her Abuelita is the only person who understands the narrator and the only person she feels she can turn to. After having followed man’s rules for so many years, Abuelita passes away. All the moths that lived inside her are freed and the narrator learns some life lessons. Helena Maria Viramontes uses symbolism and setting to illustrate the oppression of women in â€Å"The Moths.† Viramontes uses symbols as a way of illustrating the oppression women feel to the narrator. The sun, the moths, and the bird of paradise are symbols to represent aspects of life to the†¦show more content†¦The narrator saw it as a boring and dusty place. She observes, â€Å" The tomatoes were always soft and the cans of Campbell soup had rusted spots. There was dust on top of the cereal boxes ( Viramontes 1329).† The church was also a place the narrator didn’t feel welcome. Her family was fairly religious though the narrator herself saw no point in going to the chapel: â€Å" I had forgotten the vastness of these places, the coolness of the marble pillars and the frozen statues with blank eyes. I was alone. I knew why I had never returned (Viramontes 1329).† The narrator felt no warmth or comfort in going to church. It was a cold empty place for her. The author used women’s oppression to write stories like, â€Å"The Moths.† The narrator learns that a person can follow the rules and still not be smothered by traditions and rules. Her Abuelita was an example to her. Through symbolism and setting, the author was able to depict women’s oppression by their societalShow MoreRelatedMoth Smoke, by Mohsin Hamid912 Words   |  4 Pagesindication about the main character, or perhaps the leading metaphor. 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Even though the title, The Moths, seems to have no relevance at the beginning, these creatures help to portray a sense of spirituality, rebirth, andRead MoreRhetorical Analysis Of The Death Of The Moth And On Keeping A Notebook 1427 Words   |  6 PagesAnil Prasad 19, September, 2014 9th Ni Device Use Analysis Rhetoric devices are often used by writers to clarify ideas, emphasize key points, or relate insights to the reader. In both â€Å"The Death of the Moth† and â€Å"On Keeping A Notebook, † the authors heavily rely on such devices to get their points across to the audience, and these devices help strengthen overall theme the authors want to communicate. Though several may argue that Didion’s use of metaphor and rhetoricalRead More Chemical Control Agents Used Against the Gypsy Moth Essay1702 Words   |  7 PagesChemical Control Agents Used Against the Gypsy Moth The gypsy moth (Lymantria dispar) is a highly disruptive species that can, and has played a distinctive role in the lives of many organisms. Included in these organisms are various deciduous trees and shrubs, wildlife species that share the same environment, and even humans. The gypsy moth destroys the beauty of woodlands via defoliation, alters ecosystems and wildlife habitats, and disrupts our own lives. It should therefore come as no surpriseRead MoreAdapting to Survive872 Words   |  3 Pagesand because insects live everywhere. The peppered moth is an interesting one. The history of the peppered moth tells that when Britain was in its new industrial era of the nineteenth century a forest near it became quite polluted. The smoke from the factories had turned a good amount of the trees bark black. The moths that lived in that area were camouflaged to the trees that were once oak colored but were now black. Later as time went on, the moths had adapted to the dark color of the tree s so thatRead MoreThe Butterfly Life Cycle From Egg1636 Words   |  7 PagesButterflies fill an important role in ecosystems. The order Lepidoptera, which includes moths as well as butterflies, when present in high numbers they indicate a healthy ecosystem with a wide range of invertebrates. They are a natural pest control and pollinator species, contributing to success of other invertebrates. As well as playing a role in food webs. There are 320 species present in Europe, at least 112 are endemic. There are four stages in the butterfly life cycle from egg (ovum), to caterpillarRead MoreThe Death Of The Moth859 Words   |  4 Pages In her essay â€Å"The Death of the Moth†, Virginia Woolf depicts the struggle of life confronting death through the death of a moth. Woolf sees a moth flying in â€Å"a pleasant morning, mid-September, mild, benignant† (385). She uses this soft autumnal description of her morning to emphasize the beauty of life and the happiness one feels while being alive; however, she uses the moth to represent life itself and show its own struggles: â€Å" [the moth] tried to fly across...the window-pane†, but â€Å"he failed†Read MoreWhat Adaptations Do the Pine Trees Have?2635 Words   |  11 Pagesreproduce. Large Single Moth : How they help them reproduce? The antennae of these moths are sensitive that male moths can smell the pheromones of female moths several miles away that help them find their mate to reproduce. Can you see any other useful adaptations on these insects? What are they? Their antennae not only used for sense of smell but also have touch sensors used for navigation. How do they help the organism survive or reproduce? Both of these traits help these moths to avoid predatorsRead MoreThe Moths Essay1525 Words   |  7 PagesCharacterization In the short story â€Å"The Moths† by Helena Maria Viramontes, the author uses symbolism and characterization to paint the scene of a girl in a literary fiction that has lost her way and ends up finding herself within her Grandmother through the cycles of life. Through the eyes of an unnamed girl we relive a past that has both a traumatic ending and a new leash on life; however, we do not get there without first being shown the way, enter â€Å"The Moths†. The author utilizes opposite endsRead MoreDeath Of A Moth Essay1128 Words   |  5 Pages â€Å"The Land Ethic† vs â€Å"The Death of the Moth† Marlee Matlin once said,â€Å"The Earth does not belong to us: We belong to the Earth.† In Aldo Leopold’s essay, â€Å"The Land Ethic†, there are several overwhelming examples that illustrate why we as humans would believe we own the Earth when we really don’t. Paradoxically, looking at Virginia Woolf’s work, â€Å"The Death of a Moth†, one would come to believe that none of that matters because all living beings will suffer the fate of death. However

Dissociative Identity Disorder Dissociative...

Dissociative Identity Disorder Dissociative Identity Disorder is a mental disorder where an individual experiences two or more distinct personalities. When an individual is diagnosed with Dissociative Identity Disorder, one personality has dominant control of an individual. This personality controls how a person may act and how they live everyday life. A person diagnosed with this disease may or may not be aware of their alternate personalities. Each personality is contrasting of each other with distinctive likes and dislikes. They can differ in eyesight, prescriptions, language, and education levels. Many people who suffer from Dissociative Identity Disorder have experienced severe childhood trauma. Many Psychologist and others argue†¦show more content†¦Many will argue there is no scientific way to prove someone has multiple personalities. Others will state the vast amount evidence supporting Dissociative Identity Disorder proves its existence. Looking at all the cases of Dissociative Identity Disorder , there are several similarities. Childhood trauma, Dissociative Fugue, and Post Traumatic Stress Disorder are seen in relatively all cases of Dissociative Identity Disorder(Dissociative Identity Disorder(Multiple Personality disorder)1). Although there are many scientific facts that come with Dissociative Identity Disorder; there are many other factors that come along with it. A person with Dissociative Identity Disorder may have different likes and dislikes with taste of foods; and a person who may be allergic to peanuts may not be allergic to them the next day. The reason for this is, their alternate personality is not allergic to them. A person will not know how to play the piano one day, but the next day they know how. The most supported physical evidence of Dissociative Identity Disorder is the dramatic upsurge of eye vision in an individual (Visual Function in Multiple Personality Disorder 1). A person with multiple personalities can have contrasting eye vision. Along with ey e vision comes medical needs. A person may have asthma one day and the next day they don’t. Many of these factors come along with Dissociative Identity

Kites Differences Essay Example For Students

Kites Differences Essay There are many different kinds of kites that are flown today. There are deltakites, cellular kites, box kites, dragon kites, parafoils, diamond kites, powerkites, stunt kites, and kite buggies. Each is different in other ways. They havedifferent shapes, sizes, composite, and wind ranges for flying. Kites are alsoflown on different skill levels; beginner, intermediate, and advanced. Intermediate stunt kites are used to tricks in the sky. They can do barrelrolls, loop to loops, and they can easily dive and climb through the air canrange from anywhere from 6825 inches to 9542 inches. Their frames are usuallymade from graphite or carbon and the material is ripstop sailcloth, ripstoppolyester, or ripstop nylon. This lightweight material helps the kite maneuvereasily and for greater lift. The weight of these kites usually run from anywherebetween 6 ounces and 9.5 ounces. This is very light. Intermediate stunt kitescan fly with anywhere from 1 mph of wind to 20. There is about a 10-15 mphdifferential between the lowest wind and highest wind. (Ex. 5-20, 1-10, 5-20.)Regular stunt kites are about the same size as intermediate ones. They are alsodesigned to be trick kites. Their light-weight frames and material able them todo many difficult maneuvers. Their size range is anywhere from 2933 inches to10041 inches. The frame material can be made from fiberglass, carbon, flex iblefiberglass, durastick, durastick fiberglass, or pultruded carbon. They all uselightweight material to fly too. Some of these kites are made from icarexpolyester. This material is used on the bigger kites because it creates a betterlift for kites with a wider wingspan. They whole kite can also weigh anywherefrom 3 ounces to 9 ounces and they can fly anywhere between 5-25 mph. These windspeeds are just a little higher than the intermediate stunt kites. Another kindof kite is a diamond kite. They are relatively smaller than stunt kites and theyare meant for more of a leisure flying and not tricks as far fetched as stuntkites. Their sizes range from anywhere between 3330 inches and 6060 inches. Their material is the same as the stunt kites, but their frames are made fromfiberglass dowels or flexible fiberglass. The wind speed needed to get thesebabies off the ground ranges anywhere from 6-25 mph. Diamond kites are more of abeginner kite. The mother of all kites is the dragon kite. It is a kite that isjust up in the air for show. It lifts off the ground easily and is used for showand definitely not tricks. Its size can range anywhere from 1615 inches with18 foot tails to kites that are just 10 feet long not including the tail. Thatis huge!!! The material used to get these off the ground is usually ripstopnylon and their frames are made from wood and fiberglass. This means that theycan get pretty heavy. Anywhere from 6-25 mph is needed to get these monsters offthe ground. The stronger the wind, naturally, the easier these will stay in theair. Delta kites are another type of beginners kite. They do not do elaboratetricks but basically are up for show. They range from anywhere between 5428inches to 7840 inches. The material used on these is usually ripstock nylon. Anywhere from 4-25 miles an hour is need for them to fly. Lastly, box kites areanother type of beginners kite. Their size ranges anywhere from 3512 inchesto 8436 inches. Their material too, is made from ripstop nylon. The fame ofthese kites are made from different materials though. This material is ahardwood dowels. Between 6-25 mph is needed to lift these kites off of theground. To conclude, many kites are flown here today. There are parafoils, stuntkites, delta kites, cellular kites, dower kites, dragon kites, diamond kites,kite buggies, and box kites. They all are different because they are made fromdifferent material and have different frames. They also need different windspeeds to take off, they are different shapes and sizes and their weight differsgreatly. Kites are also classified at different skill levels; beginner,intermediate, and advanced.

Problem Set Seven Solutions free essay sample

Two car manufacturers, Saab and Volvo, have fixed costs of $1 billion and constant marginal costs of $10,000 per car. If Saab produces 50,000 cars per year and Volvo produces 200,000, calculate the average fixed cost and average total cost for each company. On the basis of these costs, which company’s market share should grow in relative terms? Answer: Average total cost is average fixed cost plus marginal cost: ATC = FC/Q + MC. Volvo’s average fixed cost $1 billion/200,000 = 5,000 is much less than Saab’s average fixed cost $1 billion/50,000 = 20,000 due to producing more cars. Volvo’s average production cost $15,000 is lower than Saab’s of $30,000 by the difference in average fixed costs. Volvo’s market share should grow relative to Saab’s. 6. What is the socially desirable price for a natural monopoly to charge? Why will a natural monopoly that attempts to charge the socially optimal price invariably suffer an economic loss? Answer: The socially desirable price to charge is the one at which the marginal benefit to consumers equals the marginal cost of production. We will write a custom essay sample on Problem Set Seven Solutions or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page However, natural monopolies usually have very large fixed costs and relatively low marginal costs. The high fixed costs mean that average cost is greater than marginal cost, so that charging a price equal to marginal cost implies economic losses. 8. Suppose that Aggieland Cinema is a local monopoly whose demand curve for regular adult tickets on Saturday night is P = 12 2Q, where P is the price of a ticket in dollars and Q is the number of tickets sold in hundreds.   The demand for student tickets on Sunday afternoon is P = 8 3Q, and for regular adult tickets on Sunday afternoon, P = 10 4Q. On both Saturday night and Sunday afternoon, the marginal cost of an additional patron, student or not, is $2. What is the marginal revenue curve in each of the three markets? Answer: The marginal revenue curves are MR = 12 4Q adult Saturday night, MR = 8 6Q student Sunday afternoon, and MR = 10 8Q adult Sunday afternoon. b. What price should the cinema charge in each of the three markets to maximize profits? Answer: The cinema should pick quantity to set marginal revenue equal to marginal cost in each market and then set price for that quantity based on the demand curve for each market: 12 4Q = 2 yields Q = 250, so P = 12 2Q = 12 5 = $7 for regular adults on Saturday night. 6Q = 2 yields Q = 100, so P = 8 3Q = 8 3 = $5 for students on Sunday afternoon. 10 8Q = 2 yields Q = 100, so P = 10 4Q = 10 4 = $6 for regular adults on Sunday afternoon. 9. Suppose you are a monopolist in the market for a specific video game. Your demand curve is given by P = 80 Q/2, and your marginal cost curve is MC = Q. Your fixed costs equal $400. a. Graph the demand and marginal cost curve. b. Derive and graph (above) the marginal revenue curve. Answer: MR = 80 Q graphed above. c. Calculate and indicate on the graph the equilibrium price and quantity. Answer: Pick quantity to set marginal revenue equal to marginal cost: 80 Q = Q so Q = 40. Set price for that quantity based on the demand curve P = 80 Q/2 = 80 40/2 = 80 20 = 60. d. What is your profit? Answer: Total revenue is price times quantity TR = PQ = (60)(40) = 2400. Total cost is fixed cost plus average marginal cost times quantity TC = 400 + (40)(40)/2 = 400 + 800 = 1200. Profit = total revenue total cost = 2400 1200 = 1200. e. What is the level of consumer surplus? Answer: Consumer surplus is (1/2)(80 60)(40) = 400. 10. Beth is a second-grader who sells lemonade on a street corner in your neighborhood. Each cup of lemonade costs Beth 20 cents to produce; she has no fixed costs. The reservation prices for the 10 people who walk by Beth’s lemonade stand each hour are listed in the table below. Beth knows the distribution of reservation prices (that is, she knows one person is willing to pay $1. 00, another $0. 90, and so on), but does not know any specific individual’s reservation price. a. Calculate the marginal revenue of selling an additional cup of lemonade. Start by figuring out the price Beth would charge if she produced only one cup of lemonade, and calculate the total revenue; then find the price she would charge if she sold two cups of lemonade; and so on. ) Person Reservation price Quantity in cups Total revenue Marginal revenue A B C D E F G H I J $1. 00 $0. 90 $0. 80 $0. 70 $0. 60 $0. 50 $0. 40 $0. 30 $0. 20 $0. 10 1 2 3 4 5 6 7 8 9 10 $1. 00 $1. 80 $2. 40 $2. 80 $3. 00 $3. 00 $2. 80 $2. 40 $1. 80 $1. 00 $1. 00 $0. 80 $0. 60 $0. 40 $0. 20 $0 -$0. 20 -$0. 40 -$0. 60 -$0. 80 b. What is Beth’s profit-maximizing price and quantity? Answer: MR = MC at a price of $0. 60 and a quantity of 5 cups. c. At that price, what are Beth’s economic profit and total consumer surplus? Answer: Profit = (P MC) Q = (0. 60 0. 20) 5 = $2. Consumer surplus is reservation price minus actual price for each cup sold: ($1. 00 $0. 60) + ($0. 90 $0. 60) + ($0. 80 $0. 60) + ($0. 70 $0. 60) = $1. d. What price should Beth charge if she wants to maximize total economic surplus? What quantity would she sell? How much would total economic surplus be? Answer: She should set P = MC = $0. 20. Nine (or eight) cups of lemonade would be sold. Total economic surplus is reservation price minus marginal cost for each cup sold: ($1. 00 $0. 20) + ($0. 90 $0. 20) + ($0. 80 $0. 20) + ($0. 70 $0. 20) + ($0. 60 $0. 20) + ($0. 50 $0. 20) + ($0. 40 $0. 20) + ($0. 30 $0. 20) = $3. 60. e. Now suppose Beth can tell the reservation price of each person. What price would she charge each person if she wanted to maximize profit? Compare her profit to the total surplus calculated in part d. Answer: She would charge persons A through I (but not J) their respective reservation prices. Doing so would earn a profit of $3. 60, which is the same as the total economic surplus in part d.

17 Questions You Should Never Ask at a Job Interview

17 Questions You Should Never Ask at a Job Interview We all hate that moment when the interviewer turns to us and says: â€Å"Do you have any questions for us?† Next time you find yourself in the hot seat, make sure to avoid these questions. You’ll be glad you did. SEE ALSO:  The 6 Hardest Interview Questions of 20161. What does your company do?Try Google. Ideally, before the interview.2. What will my salary be?It never pays to talk money in the interview stage. Save it for when you get the offer.3. Will I have to work long hours?This is as good as saying, â€Å"I can’t be bothered trying very hard.†4. How long before I accumulate vacation time?Save it for the HR orientation.5. How soon before I can get promoted?Focus on getting the job you’re interviewing for and doing it well. Then worry about your next move.6. When will I be eligible for a raise?Again, focus on getting the job. And save the money talk for your first review.7. Will I have my own office?Why bother asking this one, really? You eithe r will or you won’t.8. Will I get along with my coworkers?No interviewer is going to answer â€Å"no,† nor could they possibly have any idea. This just makes you look emotionally immature and slightly deranged. Try asking about the work culture instead.9. Will I have an expense account?Not if you don’t get the job!10. [insert personal question]Just don’t.11. Can I make personal calls?If you have to ask, it sounds like you’re not planning on doing any actual work.12. I heard [insert salacious detail] about the CEO. Is that true?Skip the rumor mill and stick to being respectful.13. Do you monitor internet usage or screen emails?This suggests you have something to hide.14. Do you do background checks?They probably do. Don’t act suspicious!15. Can I arrive early/leave late?This is just a no-brainer. Even if you can work fast enough to get it done in less than 8 hours, it’s not interview appropriate.16. How’d I do?Just don’t. 17. Did I get the job?Even if they were ready to hire you on the spot, this question will likely make them change their minds.Of course, not asking questions is almost worse than asking any of the above. Try to come up with a few safe ones that will assert your intelligence and valuable qualities and prepare them well in advance.