Identity and Margaret Atwoods Lady Oracle :: essays papers

Character and Margaret Atwoods Lady Oracle The connections we have with various individuals for the duration of our lives are solid impacts on every one of us. Our associations with each other can characterize what our identity is, just as the nature of the lives we lead. Demanding connections cause pressure and misery, while close, cherishing connections are a wellspring of help and solace. Joan Foster, the fundamental character in Margaret Atwood=s Lady Oracle, is a mind boggling lady who has had too much of violent connections during her life. From her adolescence and young relationship with her mom, to her bond with her significant other sometime down the road, Joan=s connections are once in a while liberated from strife and show. These connections unquestionably have an effect on Joan, affecting her as an individual. The issue of Joan and her connections uncovers an inquiry: How are Joan=s connections imperative to her character? The main significant relationship in Joan=s life is the one with her mom. Joan feels undesirable and disliked by her mom, who treats Joan briskly on account of her weight issue. From the start, Joan battles to fit in with her mother=s ideal vision of her and attempts to satisfy her mother=s desires. At the point when she falls flat at this, Joan despises her mother=s unendurable disposition and gets hostile toward her. Joan=s character at that point gets dependent on something contrary to what her mom expects and needs from her. Right now my mom gave me a dress recompense, as a motivating force to lessen. She figured I should purchase garments that would make me less obvious, the dim dresses with small polka-specks and vertical stripes supported by creators for the fat. Rather I searched out garments of an unconventional and hostile repulsiveness, fiercely shaded, on a level plane striped. Some of them I got in maternity shops, others at cut-rate rebate stores; I was particularly satisfied with a red felt skirt, cut around with a dark phone appliqued onto it. The more splendid the hues, the more round the impact, the more certain I was to purchase. I wasn=t going to leave myself alone lessened, kills, by a naval force blue spotted sack (Atwood 84). Joan made a special effort to purchase garments that she realized her mom would loathe, and that become piece of what her identity was.

Analysis of Walmart and Coca Cola

Presentation In breaking down the inner and outside condition of the two organizations, Walmart and Coca Cola, we will need to utilize a natural scan.Advertising We will compose a custom article test on Analysis of Walmart and Coca Cola explicitly for you for just $16.05 $11/page Learn More Environmental Scanning: This includes â€Å"careful observing of an organization’s inward and outer situations for recognizing early indications of chances and dangers that may impact its present and likely arrangements. In examination, observation is limited to a particular target or a restricted sector† (Carpenter Sanders, 2009). Inner Environmental and External Environment Coca Cola’s interior condition is essentially contained its business controls which involve basic characteristics including: capability underway procedure, by use of its workforce’s the board skill and appropriate correspondence systems. Ceaseless checking of the inward condition has gone far in ke eping away from insufficiency in any phase of the creation line. Concerning the outside condition of Coke, it has been seen that it comprises of predominant powers which can bring changes that produce openings and dangers in the refreshment showcase. The PEST examination is an instrumental apparatus for assessing the advertising condition as it investigates Political, monetary, social and innovative parts of the predominant condition. Coca Cola PEST investigation Political: Negative political conditions in global markets can agitate Coke’s organizations given that 71% of its net working incomes originate from deals in overall markets. Monetary: Alterations in remote monetary forms and shakiness in loan fees trouble budgetary outcomes because of the way that greater part of Coke’s incomes and costs are in outside monetary standards. Social: As individuals seek after more advantageous way of life inclines, the non-mixed refreshment industry is influenced due to the part of diet soft drinks and filtered water and the interest associated with them.Advertising Looking for exposition on business financial matters? We should check whether we can support you! Get your first paper with 15% OFF Learn More Technological change: Technological headways like web can be utilized for productive publicizing. Jars and plastic containers (borne of new innovation) that come to substitute the past glass bottles make the item additionally engaging. All things considered, new innovation enhances the nature of the item (Cheesman, 2004). Walmart PEST investigation Political: Walmart found out that they were watchful of the political circumstance of all nations they have led their business in and have additionally ensured that they have a levelheaded stand with respect to policy driven issues. Wal-Mart is continually arranged for any troubles relating to the political part. Financial: Walmart’s monetary standing is progressing nicely and they endeavor to propel the ir items to convey the best to their clients. Connected at the hip with the interior financial state of the firm, the economy of the nation ought to likewise be considered. Walmart above all else vets the financial situation of the nation they might want to work in before closing whether they will have a branch there. Social: Walmart endeavors to discover that the items they offer in the market will be adequate to the general population. They don't endorse the conveyance of items they realize will cause tension or fights among different gatherings in the general public. Walmart guarantees that they have a decent relationship with differing portions in the general public albeit some are discontent with them. Walmart likewise takes an interest in social exercises that slant towards building up a superior alliance between them, the clients and the general public they are working in on the loose. Mechanical: Walmart offered new developments in its innovative feature. They utilize high b leeding edge sales registers and unrivaled performing gaming machines. Their security frameworks are additionally best in class. Because of the way that innovation is a quickly evolving wonder, Walmart endeavors to guarantee that they are in the know regarding what's going on to adjust to these adjustments in an auspicious manner. This is as a result planned for giving them a serious edge with whatever other organization that might be utilizing trend setting innovation as well. Upper hand and systems utilized Competitive bit of leeway is the result of coordinating center skills with the open doors accessible. A portion of the primary serious qualities of Coke are: its wide acknowledgment by the clients, devoted partners, rising advertising capacities and exceptional system of bottlers and merchants. Coke has a noticeable showcasing sense and a brand name that is well famous (Wheelen Hunger, 2010). Walmart, then again, has had the option to hold an upper hand permitting it as an orga nization to utilize numerous methodologies. Anyway their generally exceptional (and successful methodology) is low costs. Also, their representatives are dealt with well, and their isles are perfect and efficient. Because of its enormous size, Walmart can get large limits from providers and they thusly pass that sparing down to their customers.Advertising We will compose a custom exposition test on Analysis of Walmart and Coca Cola explicitly for you for just $16.05 $11/page Learn More Swot Analysis Opportunities: Companies frequently utilize the swot investigation to break down different parts of the earth for instance both WalMart know that request of quick moving buyer merchandise inside different locales are extending and along these lines the associations are growing their item portfolio and administrations to procure more incomes. Dangers: The coca-cola organization/Walmart through research have comprehended that more up to date up and coming organizations and more seasoned ad versaries are quickly changing and realizing stiffer rivalry and along these lines the organizations have devoted a great deal of assets to guarantee that they remain on the ball inside their condition. Qualities: One of the key qualities of Coca-Cola Company/Walmart is that it has a wide scope of brands. The Coca-Cola Company/Walmart are situated in vital areas which as very beneficial and advantageous for customers. Moreover, the Coca-Cola Company/Walmart has encountered top and all around experienced workers who help with making the organizations very novel. The nearness of qualities empower these organizations profit by ecological open doors as they uncover themselves. Shortcomings: Walmart, for instance, vigorously reles on the United States and the Americas showcase rather than worldwide markets which may offer all the more yet then again understanding your shortcomings can be utilized to the benefit of the association and this is the means by which the organization has stayed away from pointless dangers. End By completing routine minds the business condition and being alert on the on-goings in the business, the firm can increase extraordinary bit of leeway in accomplishing its present moment and long haul objectives and targets. Another key component to a fruitful business is doing a natural sweep, distinguishing and understanding the dangers (and different issues) hidden and endeavoring to oversee them in the most suitable manner. Along these lines, by doing this, the organization will guarantee that it stays effective and all the more in this way, gainful. Along these lines, the administration ought to guarantee that condition filters are continually done so as to keep an eye on any dangers that may bring about misfortunes or wastefulness in both the in outside or outer condition and at a similar make the most of new chances. References Carpenter, M. A., Sanders, W. G. (2009). Key administration: A unique point of view ideas and cases. Upper Saddle Ri ver, NJ: Pearson Education.Advertising Searching for exposition on business financial aspects? How about we check whether we can support you! Get your first paper with 15% OFF Find out More Cheesman, H. R. (2004). Business Law: Legal, E-Commerce, Ethical and International Environments. Upper Saddle River, NJ: Prentice Hall. Wheelen, T. L., Hunger, J. D. (2010). Ideas in key administration and business approach. Upper Saddle River, NJ: Pearson Education. This exposition on Analysis of Walmart and Coca Cola was composed and presented by client Quinn Flynn to help you with your own examinations. You are allowed to utilize it for research and reference purposes so as to compose your own paper; in any case, you should refer to it appropriately. You can give your paper here.

Understanding Erotophobia or the Fear of Sex

Understanding Erotophobia or the Fear of Sex Phobias Types Print Understanding Erotophobia or the Fear of Sex By Lisa Fritscher Lisa Fritscher is a freelance writer and editor with a deep interest in phobias and other mental health topics. Learn about our editorial policy Lisa Fritscher Medically reviewed by Medically reviewed by Steven Gans, MD on October 26, 2019 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on November 26, 2019 Cultura RM Exclusive/Sofie Delauw/Getty Images More in Phobias Types Causes Symptoms and Diagnosis Treatment Erotophobia is a generalized term that encompasses a wide range of specific fears. Its generally understood to include any phobia that is related to sex. Erotophobia is often complex, and many sufferers have more than one specific fear. Untreated erotophobia can be devastating and may lead sufferers to avoid not only romantic relationships  but also other forms of intimate contact. Specific Phobias Like any phobia, erotophobia varies dramatically in both symptoms and severity. It is a very personalized fear, and no two sufferers are likely to experience it in the same way. You may recognize some of your own fears in this list. Genophobia: Also known as coitophobia, this is the fear of sexual intercourse. Many people with genophobia are able to begin romantic relationships, and may quite enjoy activities such as kissing and cuddling but are afraid to move into a more physical display of affection.Fear of Intimacy: The fear of intimacy is often, though not always, rooted in a fear of abandonment or its twin, the fear of engulfment.?? Those who fear intimacy are not necessarily afraid of the sex act itself but are afraid of the emotional closeness that it may bring.Paraphobia: The fear of sexual perversion is itself a complicated phobia. Some people are afraid that they might be perverted themselves, while others fear the perversions of others. Some people with paraphobia are able to enjoy traditional sexual relationships that fit well within their personal moral code, while others are afraid that any form of intimacy might be perverted.Haphephobia: Also known as chiraptophobia, the fear of being touched ofte n affects all relationships, not just those of a romantic nature. Some people recoil from even passing contact by a relative, while others are afraid only of more protracted touching.Gymnophobia: The fear of nudity is often complex. Some people are afraid of being naked, others of people being naked around them. This fear may signal body image issues or feelings of inadequacy, although it may also occur alone.Fear of Vulnerability: Like the fear of intimacy, the fear of vulnerability is often tied to a fear of abandonment or fear of engulfment. Many people are afraid that if they are totally themselves, others will not like them. Fear of vulnerability may affect numerous relationships, both sexual and non-sexual.Philemaphobia: Also known as philematophobia, the fear of kissing may have many causes. It is often tied to physical concerns, such as a concern over bad breath or even germ phobia. Causes As a highly personalized fear, erotophobia may have innumerable causes. In some cases, it may be difficult or impossible to pinpoint a specific cause. Nonetheless, some people may be at a higher risk due to past or current events in their lives. Sexual Abuse: Although not everyone with erotophobia has been raped or sexually abused, those who have been traumatized are at increased risk for developing some form of erotophobia.??Other Trauma: People who have been through major traumas have a higher risk of developing anxiety disorders including phobias. If the trauma was physical, you may be more likely to develop a touch-related erotophobia, while those who have been through psychological or emotional abuse may be more likely to develop intimacy or vulnerability-related fears.??Personal, Cultural, and Religious Mores: Although many religions and societies frown on sexual intercourse except for procreation, following these restrictions does not constitute a phobia. However, many people experience difficulty when trying to balance past and current beliefs. If you have moved away from a restrictive background  but are afraid to change past patterns of thought and action, you may at be  at risk for developing a phobia.Performance Anxiety: Sometimes, it isnt actually sex that we fear at all. Instead, we may worry about our own ability to please a partner. Performance anxiety is particularly common in those who are young or inexperienced  but may occur in all ages and levels of experience.Physical Concerns: Some people worry that sex will hurt. Some wonder if they will be able to perform due to a physiological condition. Fears that have a legitimate medical basis are not considered phobias.?? However, some people experience fears that are far out of proportion to the reality of the situation. If your fear is inappropriate to the current risks, you might have a phobia. Treatment Because erotophobia is so complex, professional treatment is generally required. Sex therapists are licensed mental health professionals who have completed additional training and certification, and many people feel that they are the best choice for treating sexual concerns. However, it is not generally necessary to seek a sex therapist, as most mental health professionals are capable of managing erotophobia. Erotophobia generally responds well to treatment, although complex erotophobia may take time and effort to resolve. Depending on your therapists style and school of thought, you may need to face difficult and painful memories in order to heal and move forward. Because the nature of the fear is so personal, it is critical that you find a therapist with whom you truly feel comfortable. Your therapist may also use a technique called cognitive-behavioral therapy (CBT) to address sexual difficulties.?? Although beating erotophobia is never easy, most people find that the rewards are worth the effort. Be patient with yourself, and honest with your therapist. Over time, your fears will lessen and you can learn to enjoy your personal range of sexual expression.

Mcdonald s Supply Chain Management Essay - 929 Words

Supply Chain Management in the Service Industry Firms such as McDonald’s and Wallmatt, which operate in the service industry, have branches internationally and nationally. They open stores in various regions of the globe with the primary objective of providing their target client’s with seamless experiences while utilizing this opportunity to expand their business in emerging markets. Compared to manufacturing industries, intangible sales characterise service industries as they greatly rely on people’s ethics, experiences, education. Moreover, the utilization of management in this industry is not yet mature (Lambert, 2008). McDonald’s Supply Chain Specifically, McDonald’s is experiencing various challenges in its supply chain. By virtue of operating in more than 100 countries and serving individuals with chicken nuggets and hamburgers, the company requires an on-going and large supply of beef products to enhance the production of beef-based items and hamburgers (Love, 2008). Because of the company’s purchase volume, McDonald’s sources its raw materials, such as beef trims, from a wide range of suppliers. Subsequently, the beef trims are processed and shipped to the company’s distribution centres. In addition, the company experiences increased costs of production due to its manufacturing capacity, region-specific demand, and distribution/processing of its products. As a result, the company plans to optimize its sources, supply mix, and freight cost as well as establish aShow MoreRelatedMcdonald s Supply Chain Management2160 Words   |  9 PagesIntroduction McDonalds is one of the world’s leading fast food chain restaurants. It account for the total of over 30,000 restaurants in over 119 countries. All these McDonalds restaurants serve around 50 million people every day. There are ups and downs in every business. Every business has to face challenges over the time. Out of those challenges, one of the major challenges faced by McDonalds was supply chain management. Supply chain management involves creating a balance between minimising wastageRead MoreFood And Beverage Industry : Supply Chain Management1123 Words   |  5 PagesINTRODUCTION: - Food and beverage industry today has become one of the most competitive industries in the world. Recognizing that supply chain management is a core strategy and achieving world class performance in this strategy by developing and managing supply chains that provide flexibility, response time and delivery performance that exceed the competition is a key to survival in the food and beverage industry. The largest production sectors of food industry are brewing, milling, baking, confectioneryRead MoreBig Macs Supply Chain Success1548 Words   |  7 PagesBig Mac s supply chain success The seed of McDonald s success was sown in 1990 - six years before it started its actual operations. Sanjeev Bhar traces its supply chain management that played a vital role in its growth. About two decades ago, the QSR wouldn t have meant much to the Indian FB segment. Today, the acronym has been seamlessly absorbed in the industry lingo. McDonald s, arguably, one of the first brands that left a strong imprint on the Indian QSR history, has much to do with thisRead MoreMcdonalds Supply Chain1511 Words   |  7 PagesIntroduction Supply Chain is one of the critical factors for the smooth functioning of any business in the world. When talking about fast food restaurant or business, McDonald’s Supply Chain model is one of the highest precisions. It is this unmatched Supply Chain Structure, which not just ensures on time delivery of raw materials and supplies to McDonalds but also enables it to cut down on its cost and maximize profitability along with maintaining highest quality standards of its products. FromRead MoreOperations Management for Mcdonald963 Words   |  4 Pages[pic] University College Dublin National University of Ireland, Dublin Bachelor of Science Operations Management Pre course assignment Intake: BSc14L Student Name: Wu Linlin Student Number: 10287698 Lecturer: Professor Brian Fynes Dr. Chang Chen Sheng Date of Submission: 21 February 2012 For the fast food chains, it is no doubt that McDonald s is successful in the world. It is known to all from children to elder. This is closely relevant to organizationRead MoreCompare the Quality Management of Mcdonalds Restaurants and Kentucky Fried Chicken1240 Words   |  5 PagesA) The Management of internal culture, morale and development of staff As business evolves and customer service standards are set ever higher, it is no longer possible for the training of frontline staff to concentrate solely on providing specific skill sets or outlining required practices in the workplace. Nowadays, employees must also be shown how to develop the desired mindset, so that they can then be trusted to use their initiative when solving problems and interacting with clients. BothRead MoreStudy The Internal Resources, Capabilities, And Activities Of Firms993 Words   |  4 Pageshow that firm is realizing its competitive advantage(s) in the industry through these three factors. This information can then by utilized by the firm itself to continue to build on these competencies and continue to develop them into higher levels of competitive advantage. Other firms can exploit this information to imitate or perfect this company’s advantages for itself. Discussion Question 4.2 Conduct a value chain analysis for McDonald s. What are its primary activities? What are its supportRead MoreProduct Life Cycle : A Product857 Words   |  4 PagesProduct Life Cycle – Stage of decline The Stage of Decline is the final stage of the Product of Life Cycle. Which is if the product is not making money or the expenses are more than the profits, they pull the product. (Product of Life, 2011) McDonald s SWOT analysis 2016 Being one of the most favorite fast food places in the world, McDonald’s is a brand which will hardly can be missed by anyone. The SWOT of McDonald’s discusses the reasons that the firm has been able to achieve this height ofRead MoreAnalysing Mc Donald’s Supply Chain Management1742 Words   |  7 PagesSupply Chain Management according to Tom Mc Guffog is Maximising added value and reducing total cost across the entire trading process through focusing on speed and certainty of response to the market. Supply chain management is one of the important area which requiring strategic planning in a business enterprise. Planning and decision making are required right from the production of goods till the goods reach the ultimate consumers in the most cost effective and timely manner. If a firm is ableRead MoreFast Food : A Policy Guide For Healthier Kids And Families982 Words   |  4 PagesIntroduction Location is a critical aspect of all operation management process. The driving forces of location are market economics, communication, supply chain efficiency, government restrictions, material flow, and labor (Heizer Render, 2014, p332). By analyzing OM in the News articles China’s New Megacities and Industry Clustering, Where to Locate the Next McDonalds–in Your Hospital, Using Malaysia to Balance Supply Chain Disruptions, and Airbus Over Alabama it will make it possible to understand

Analysis Of The Book The Signing Of Jay s Treaty

1. Gesture and Figure !Symbolic: Some think that Washington is pointing to the future, and others think he is saying farewell. Another interpretation is that the painting commemorates the signing of Jay’s Treaty. In the painting, Washington’s stance made him look quite regal. This is similar to European paintings of royals and nobles from that time. Biographic: Washington was about to retire from politics and said that nothing could bring him back into it. He had also recently fought the opponents of Jay’s Treaty. Jay introduced the painter Gilbert Stuart to Washington. Artistic: Stuart knew that Washington didn’t have the time to pose a lot, so he focused on the face and hands when Washington was posing, and did the rest from†¦show more content†¦In the portraits, George faces left and Martha faces right, this was done to â€Å"balance† them. 3. Clothing !Symbolic: Washington understood the symbolic value of clothing, and in 1775, at the assembly of the Second Continental Congress, he was the only delegate in military uniform. He wore this to show that Virginia was willing to fight with Massachusetts. In most portraits of Washington, he was depicted in military uniform. Him being in a suit in this portrait represented his change from military leader to president. Washington’s suit also showed that he was a leader of people, but not a monarch. This is because his plain clothing represented him being a leader chosen by the people, and not a powerful monarch wearing royal robes. Biographic: When Washington was president, on formal occasions, he wore a black suit. One description of his attire came from Henrietta Liston, wife of the British Prime Minister. On December 9, 1796, at Washington’s last annual address to congress, she said that he wore black velvet and carried a sword. Artistic: For some unknown reason, Stuart made Washington’s two sleeves different. The right sleeve properly reflected the current fashion, whereas the left one was too full. 4. Sword !Symbolic: The sheathed sword that Washington had in the painting was ceremonial, and was the mark of a good gentleman, even though it was out of style when with a suit. It was also a

What to Expect From Buy Powerpoint Presentation?

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Effects Of Tariff On KoreaS Beef Import A Numerical Analysis Report

Question 1: Korea imports a large quantity of beef. With no beef trade, Koreas equilibrium price for beef was $8 million per kilo tonne and equilibrium quantity was 375 kilo tonne. If Korea opens its beef market to trade with no tariff, domestic demand would be 625 kilo tonne and domestic supply would be 125 kilo tonne at the world price of $4 million per kilo tonne. However, Korea currently imposes 40 per cent tariff rate on all imported beef. With 40 per cent tariff, Koreas domestic supply and domestic demand were 250 kilo tonne and 500 kilo tonne respectively in 2013. Assume that intercept of supply curve is $2 million and demand curve is $15 million per kilo tonne. (a) Analyse the effects of 40 per cent tariff rate on the price, domestic supply and demand, and beef imports in comparison with no tariff case. Provide numeric details. (b) Draw a graph and clearly show how the areas of gains and losses from the trade with 40 per cent tariff rate would change with brief explanation. Then, calculate the actual values of change in consumer surplus, producer surplus, tariff revenue and the amount of deadweight loss. Show your calculation. (c) Suppose that Korea does not impose tariff any more but instead imposes an import quota of 250 kilo tonne. Draw a graph and show how the areas of gains and losses from the import quota would change. Provide your explanation. Question 2: (a) Terri runs a rose farm. The following table provides information on the number of workers and corresponding output. Complete the table for Terris marginal product and average product of labour schedules. Briefly explain how you calculate and show your calculation. (b) ProPainters hires students at $250 a week to paint houses. It leases equipment at $500 a week. The table sets out its total product schedule. Calculate and construct ProPainters cost schedules that is, total cost (TC), average fixed cost (AFC), average variable cost (AVC), average total cost (ATC) and marginal cost (MC) per house painted. Briefly explain how you calculate each cost schedule and show your calculation. Question 3: The market for smoothies is perfectly competitive. The following table sets out the market demand schedule. Each of the 100 producers of smoothies has the costs given in the second table when it uses its least-cost plant. (a)What is the market price and market output of smoodie in the short run and how many smoodies does each firm produce an hour? What is the economic profit made or economic loss incurred by each firm? Explain and show how you calculated. (b) What are the market equilibrium price and quantity demanded for smoodie in the long run? Do firms make economic profit or incur a loss? Explain why. Also, what will be the number of firms producing smoodie in the long run? Answer 1: (a)The below figure highlights the above mentioned situation. As shown above the point B is the equilibrium quantity and price i.e. 375 kilo tonne and $8 million per kilo tonne. If Korea opens its beef market to trade with no tariff, domestic demand would be 625 kilo tonne (Q2) and domestic supply would be 125 kilo tonne (Q1) at the world price of $4 million per kilo tonne. The imports by Korea would be Q2- Q1 = 625 125 kilo tonne. Korea will be importing 500 kilo tonne beef from international market. If Korea imposes 40 per cent tariff rate on all imported beef domestic supply (Q3) will be 250 kilo tonne and domestic demand (Q4) is 500 kilo tonne. The import of the nation will be Q4-Q3 = 500 250 kilo tonne. Thus Korea will be importing only 250 kilo tonne after imposing the tariff. (b)The diagram shown above has been reproduced as shown below. The producer surplus in case no tariff is imposed is shown by the area bounded by JFE and after imposing the tariff the producer surplus will be area bounded by JDE. The difference in the two areas will be the producer surplus. The area bounded by JFE will be * (4-2)*(125-0) = 125 The area bounded by JDA will be * (5.6-2)*(250-0) = 450 The producer surplus will be 275 (Shown by 1) The consumer surplus in case no tariff is imposed is shown by the area bounded by KIE and after imposing the tariff the consumer surplus will be area bounded by KCA. The difference in the two areas will be the consumer surplus. The area bounded by KIE will be * (15-4)*(625-0) = 3437.5 The area bounded by KCA will be * (15-5.6)*(500-0) = 2350 The consumer surplus will be -1087.5 (Shown by 1+2+3+4) The tariff revenue for the government will be the area DCHG (Shown by 3). This will be (500-250)*(5.6-4) = 400 The deadweight loss will be Producer surplus + government revenue from tariff Consumer surplus (Shown by 2+4) 275 + 400 1087.5 = -412.5 (c) In case Korea does not impose tariff any more but instead imposes an import quota of 250 kilo tonne, the graph will be similar to that shown above. In this case point A is the equilibrium price reached after the supply of 250million kilo tonne beef from international market. The producer surplus will be as shown by area 1. Since there is no government revenue from tariff the deadweight loss will be area 2+3+4. Higher the equilibrium price higher will be the deadweight loss. Answer 2: (a) Terris marginal product and average product of labour schedules has been shown below. Labour Output (roses Average Marginal product (workers per week) Product (roses per week) per week (roses per week) 1 1,000 1000 1000 2 2,000 1000 1000 3 4,000 1333.333333 2000 4 5,000 1250 1000 The average product is calculated based on the formula total product/ Input. The marginal product is calculated based on the formula (change in total product)/ (change in variable input) It has been considered that is 0 labor is employed no output is there (b) ProPainters cost schedules that is, total cost (TC), average fixed cost (AFC), average variable cost (AVC), average total cost (ATC) and marginal cost (MC) per house painted has been shown below. Briefly explain how you calculate each cost schedule and show your calculation. Labour (workers Output (houses Variable Cost Fixed Cost TVC TC AFC AVC (dollars per house) ATC MC (dollars per house) per week) Painted ($ per worker) ($ per week) (dollars) (dollars (dollars per week) per per house) house) 0 0 250 500 0 500 1 2 250 500 250 750 250 125 375 125 2 5 250 500 500 1000 100 100 200 83.33 3 9 250 500 750 1250 55.55 83.33 138.88 62.5 4 12 250 500 1000 1500 41.66 83.33 125 83.33 5 14 250 500 1250 1750 35.71 89.28 125 125 6 15 250 500 1500 2000 33.33 100 133.33 250 Total Cost (TC) is Total variable Cost + Total Fixed Cost Average Fixed Cost (AFC) = Total Fixed Cost/ houses painted per week Average variable Cost (AVC) = Total variable Cost/ houses painted per week Average Total Cost (ATC) = Total Cost/ houses painted per week Marginal Cost =(change in total Cost)/ (change in output). Answer 3: (a) The average revenue is considered as the marginal revenue as in perfectly competitive market the price will remain constant. The equilibrium price is determined based on the demand and supply in the market. The equilibrium price is $3.15 per smoodies and quantity is 7000 smoodies. The point at which the marginal cost cuts the marginal revenue curve is where the average total cost is $4.67 per smoodie. Thus there will be economic loss which will be equal to the difference between the average cost and the marginal cost. This will be $1.52per smoodie. (b) In the long run the equilibrium point is where the marginal revenue equals marginal cost and the average cost. This is the point where the firms will not incur any profit or loss. As per the given information the equilibrium point is $4.25 per smoodie. The quantity demanded is 5600 whereas there will be 80 smoodies produced by each firm. Thus there will be only 70 firms that will be producing total of 5600 smoodies.