Essays on Complements

Government Actions in Markets

Figure 1 As a result of increasing the passenger movement tax on airlines, the equilibrium price P2 moves to new point P1. (P1>P2) The new quantity of flights is Q1. Therefore demand decreases, Q1 <Q2. Because of the increased prices some consumers denies to purchase tickets choosing other flight companies or using alternative ways of transportation. A tax that is imposed on sellers in fact creates a burden on consumers as well because of the fact that consumers will be forced to pay higher prices. It is clearly shows on the Figure1 that the revenue from sellers ...

Question 1

Two Criteria that are used for the Selection of Companies to be bought or retained in GE’s Portfolio of Companies based on the Case The GE Company is regarded broadly as among the sphere’s most successful companies of the 21st century. When Welch started his job as the General Electric CEO in 1981, he commenced on a comprehensive change of GE’s approach; introducing a current era of internal efficiency and performance management. Jack Welch’s profit direction, which was aimed at developing wages of 1.5 intervals to dual of the GDP development rate and the management ...

Community policing provides the modern concept on how police work is done. The main focus of the community policing model is to establish a police department initiated program that is designed to offer an opportunity for the police and public agencies and members of the community to discover their common problems and responsibilities, and work together towards the solution of community problems and the formulation of positive community programs (Palmiotto, 2000). It is not merely a problem solving strategy but an initiative that aims to establish police-community collaboration in solving problems in the community and in attaining peace and ...

The cohesive and all-sided education policy in the U.S. and some other Western countries includes a strong focus on the ‘holistic’ development of young individuals, which means combining development of not just mind alone but also body. Therefore, athletics has been literally embedded in the academic culture in multiple levels (Sitkowski17). However, given the nature of the issue, the correlation and impact of both athletics and academics on the individual’s performance and development outcomes have been debatable. Supporters of athletics and especially intercollegiate sports typical for the U.S. education system argue that sport is extremely helpful in building ...

Multiculturalism in Canada is the creating of a sense whereby people from diverse races, religions and cultural background appreciate and celebrate their diversities. This concept of multiculturalism came into being in 1960 to counter Royal Commission on Bilingualism and Biculturalism’s biculturalism policy. Multiculturalism aims at creating a feeling of equality amongst the different ethnic, cultural and racial groups in Canada. Apart from being officially implemented as a policy by the Canadian federal government in the year 1971, multiculturalism was enhanced by subsequent policy adoptions by various provinces in Canada. Since 19th century, Canada has seen several immigration regimes ...

Introduction

According to the case study, technology has become vital in job specialization and specification. Computers play a major role in altering demand for educated people. The adoption of computers has changed the performance of workers and thus their respective jobs. As a result, computerization alters the demand for job skills demand. This paper provides a further insight based on a collective approach by computer scientist, economists and theorists. It expounds on the tasks computers are designed to do and how such tasks have influenced or affected human skills in their work places. Arguing from the case study view, computer ...