Price fixing

Los Lunas Animal Hospital Did you know the word veterinarian comes from the Latin veterinae meaning "working animals"? Los Lunas Animal Hospital is a small animal veterinarian hospital. Their main care of animals is cats and dogs, but they have also cared for rabbits, pigs, ferrets, and goats. Los Lunas Animal Hospital is located at 419 Main St. SW Los Lunas, NM 87031. You can go to the hospital to check it out or even call the hospital. They are open Monday – Wednesday and Fridays 8-5pm. On…

Minimum wage is the minimum price that can be offered in exchange for labour in the unskilled labour market. Minimum wage is an example of a binding price floor, where the government sets a legal mandated price above the equilibrium price for that particular market or product. A binding floor price leads towards a surplus of supply. In minimum wages, the surplus is unemployment. This essay will address the concept of binding minimum wages and the affect of the minimum wage on unemployment and…

between financial information and share prices. If investors find information to be useful, they would react through buying or selling shares and this reaction would cause share prices to change. The implication of no share price change implies no reaction to particular information. MBAR relies on the assumption that equity markets are efficient under a semi-strong form, meaning all publicly available information is rapidly and fully impounded into share prices in an unbiased…

One of the major critical issues which world has been concerning for many years is the significant challenges of excessive consumption of tobacco and alcohol to public health and governments set targets to combat with this issue. Sin tax and some regulations on nicotine and alcohol have been implementing in order to have a reduction in drinking and smoking rates because of their negative impacts on people’s lives. While some people are in favour of extra levy and restrictions on cigarette and…

The controversial and thought provoking installation artist and activist, Angela Singer uses her process of redefining the purpose of taxidermy to interpret the preconceived perceptions of animal violence, gender roles in society and art as well as the viewers experience. Since the early 1990’s taxidermy has taken the reins in popular culture, especially in contemporary art. Artists are now using taxidermy in their work as a unique and yet growing medium to be displayed in exhibits. “Singer’s…

Animal Farm The book "Animal Farm" is written by George Orwell which provides a though provoking symbolization of the usage of propaganda. The book starts by introducing a character called Old Major who is a pig and is respected by all the animals. He instigates the farm animals by telling them that the root of their problems is human beings. Every farm animal agrees to the Old Major’s proposition since they all view him as a respectable yet wise man. This creates a drift between the humans and…

strategy to price their products very high. Unfortunately, this strategy failed in the case of Apple. Apple has been reducing the prices of their iPhones over the years. This could be a strategy to sell their products to new consumers while consequently expanding its market share through more and more people affording to purchase IPhones. Froeb, Luke, & Ganglmair (2009) have referred to this pricing strategy by Apple as Inter-temporal price discrimination. This refers to setting a high price…

options price model. In order to honor their contributions in finance, they were awarded the 1997 Nobel Price in Economics. People have been trading stock options for a long period of time, and the Black-Scholes model has finally set up an analytical framework for how to value an option. It is no exaggeration to say that the Black-Scholes model brings convenience and efficiency to the European stock market. The Black-Scholes model is used to calculate the theoretical estimate…

In our daily lives, we use different products for a variety of things. In drugstores and in our local malls, there are categories of diverse items that are available to us. These items can range from makeup, skincare, hair products, prescription medicine and much more. They contribute in making our lives easier and more productive. These products are often designed to enhance our appearance and health. When we watch television, or browse the internet, we constantly see new products being…

Pros and Cons of Fracking Grandriver Getty images.com By Daniela Bobadilla, Christopher Gleason, Irvin Casillas Fracking is just another way of saying hydraulic fracturing, which is the process of cracking through sentiments (hence fracturing) to make harvesting resources such as oil more accessible. The fracking process uses pressurized water with a combination of other materials to penetrate into said sentiment. In the late 1940s, engineers used fracking to increase oil production.…