Externality

Studant: Marcilene Macena Gomes Module Code: ECO119 Tutour: Shaun Bisheswar Semester 1 January 2018 Having being studding economy for the last four months I have learn a lot, made six tests and one presentation, for my last task of this semester I have being ask to answer three questions. First – in my words I have to search and show the difference between micro and macroeconomics. The second, describe the main policies instruments that a government or body can use to achieve macroeconomic…

The negligence from the government and the selfishness of the wealthy has led the impoverished inhabitants to live in some of the cruelest environments. Slums happen to be settled in areas of the city that no one wants to occupy as it is beneath their standards. Slums are known to be overcrowded, inhospitable patches of terrain that are the most susceptible to fires, mudslides, and harm from earthquakes. The slum communities do not have adequate access to water, proper sewage disposal, maternal…

Cartels are usually formed between a limited number of players which have a dominant market position in an oligopolistic market structure. Very little or no product differentiation as well as good communication and co-ordination possibilities due to few players in the bearing industry lead to perfect conditions to collude in a cartel. Firms mentioned in our case deliver to the market highly technologically advanced products, which make the entrance for new companies even harder. This resulted in…

fully confident that their internal decisions and reason was of their own or of something introduced to them during their lifelong exposure in society. This indicates that an individual cannot be properly free if their actions are influenced via externalities or passions caused by an outside source. If the…

The book, acting in an uncertain world: an essay on technical democracy examines the limits of liberal and deliberative democracies with growing technological society and also proposes solutions for the uncertainties prevailing because of them. Michel Callon, one of the authors is a main scholarly driving force of the book. He is well reputed French Sociologist and friend and colleague of Bruno Latour, but inclined toward more applied and less abstract approach than him. It mainly focuses on the…

If we want the health care reform, which is what could potentially expand the array of health care providers consumers may choose from and could improve the overall quality and care to citizens. It will not come cheap, and that is why lawmakers are considering higher taxes on everything from alcohol and cigarettes to junk food and soda as a way to pay for it. Some believe that sin taxes should be avoided because they distort the market and encourage unsustainable increases in government spending…

Each scheme represents specific understanding the social purpose of business: philanthropy is mainly guided by charity rationale; corporate social responsibility is oriented by a risk and externalities management approach; and shared value strategies incorporate the social purpose into the core business of corporations (Kramer, 2011).The increasingly strategic importance of the social purpose in business performance is at the heart of these shifts:…

affect consumers as foie gras is highly consumed during Christmas, meaning that many families may not be able to afford it for this year as prices will be very high. Moreover, the ban in the production of foie gras is going to have positive externalities as it may help reduce health problems. Foie gras, if consumed regularly, may cause obesity and even heart attack and so if it´s production is prohibited society will not suffer from this. However, foie gras is a minor cause of these health…

Phaedo. The question of this dialogue: Man before death. Should man love death? If so, why then, condemn suicide? Or should man hate death? Rather, shouldn’t he revolt against it and flee it no matter what? Facing the enigma of death, the dialogue, leads first, to a practical response: how does the philosopher conduct himself in the face of death? Then toward a theoretical question: What do we know of the immortality of the soul? Throughout the dialogue, Socrates proclaims that the exercise…

The historical development of the Republic of Colombia has endured a significant component of a long-lasting political violence. Ever since independence in July 20th, 1810, the former Spanish colony has been engulfed into an ideological struggle over the state’s governance. After the altercation between royalists and separatists, another one arose between supporters of centralism and federalism. The Spaniards ceased the opportunity and re-conquered the incipient republic in 1816. Yet, this…