Monopoly Oligopoly and Duopoly in Australia †MyAssignmenthelp.com

Question: Discuss about the Monopoly Oligopoly and Duopoly in Australia. Answer: Introduction Economicsis the study of financial aspects of a country as a whole or the study of the resources that an individual have in monetary terms.Economics can be divided into two parts i.e.Micro-economics and Macro-economics. Micro-economics is study of economic at a small or an individual level(Webster, 2013), for example: when a study of a single person income is considered or the study of economic resources that a particular single firm has is known asMicro-economics. While the study of a nations income as a whole is known as Macro-economics(Birach, 2011). Here in this assignment we will discuss the topic of Monopoly, Duopoly and Oligopoly in Australia. Monopoly is an industry where there is only a single firm with lots of buyer. Duopoly is a situation where a small number of companies mostly two, dominates the entire market. Oligopoly is again a situation where there is the number of buyers is high as compare to the number of sellers. Australia has a diversified market, it has a large number of firms, but every country does have monopolistic, duopolistic and oligopolistic firms. In this assignment we are going to discuss these topics in detail. Critical Analysis Here we will discuss the topic of Monopoly, Oligopoly Duopoly in Australia, in detail. Monopoly is a situation where there is only a single seller of a product with a large base of buyers (Monopoly firm is mostly owned by a government). An example of a monopoly firm/industry in Australia is: Australian post, Trains Water services. This means that these firms are, only allowed to undertake their business services with no other competitors in their relative field of operations. Now if talk about Oligopoly firm of Australia then it would be, the Coles and the Woolworth. Both these Australian firms have a dominant power in the market they occupy around 75% of the Australian supermarket chains(Shinu, 2005). An example of Duopoly will be the sonic health and the primary health care, they together holds a market share around 77% in Medicare industry of Australia. A nation or a country is dependent on its market, if any country has a market that is restricted to few sellers then it wont be able to earn a good amount and their earnings may sound profitable but they will always be limited(Adamgale, 2016). Below is the Graph for three of the above mentioned market forms: Above graph shows the Profit maximization under monopoly firm. In the above graph a monopoly firm will produce maximum profit where MR=MC.(Jack, 2015) The above model was introduced by (Cournet, 2000) in duopoly model he emphasized that each firms maximizes profit, market demand is liner, each firm decides its price by determining others firms prices Above graph shows the oligopoly market, this graph is also known kinked demand curve, this graph makes certain assumptions that firms always profit maximizes, if one firm increase the price others will not follow but if one firm will decrease its products prices then others will follow in order to not to lose the market share(George, 2011) Recommendations Now if we talk about a monopoly firm, it is that earning part of a government or privately owned institutions on which substantial part of their earning relies. In Australia the Australian post, power water services are owned by the Australian government. Similarly in India, Railways, In New Zealand, and Telecommunications and in U.S, the drug companies are owned by monopoly firms. Does monopoly firms are capable of providing any good to the community then the answer would be a big NO. A monopoly firm being a single seller in their relevant field of business uses this opportunity in earning good profits from the customers, without even knowing if their customers are happy with the services provided to them. In my opinion Monopoly firms are a big setback for any nation, as they do not let any other firm to compete in the market. If any other firm will compete the monopoly firm will have to look after their customers demands and then they will not be able to practice price discriminat ion, in addition to this customers will not have to pay sky-high prices for the products and services. Coming to Duopoly, in this type of market there are only two sellers or the producer of a product or a service. They produce products of identical nature and on a same cost(Bellarus, 2010). However they are not known to the strategies of their competitor, so they produce the best of what they can at lower prices in order to give a tough competition to their rival. This type of market is good, however if this number of only 2 sellers is increased to at-least 7-8 sellers then the scenario will be much different. The competition then will increase plus the government of the particular country will enjoy good income from such companies as a source of tax. Under Oligopoly again the number of sellers is small, and the buyers are really on large. Here also we would recommend increasing the number of sellers as it will not only increase the competition but it will also boost the economy of a country. When there will be a good number of competitors, the feeling of competition and providing best to the customer for assuring a long run in the market will strike again and again in the mind of the seller. Hence it is really important for a nation to not to restrict its market to a single or to a limited number of firms as it can setback its economy. Conclusion By observing all facts and important information regarding the topic, a detailed and a brief conclusion is provided here. Monopoly, Oligopoly, Duopoly is that form of market that restricts the entry of the new sellers and limits the market of a country to a small number of sellers i.e. one or two or three only. This limitation over the market not only affects the customers but also the economy of a country in their long run survivals. In Australia Water, Post and train services falls under monopoly, whereas Coles Woolworth falls under oligopoly and Sonic health care primary health care falls under duopoly form of market. This means that from certain sectors or areas Australian economy will only get a certain amount of income as taxes, because the number of sellers in these areas is limited. In order to maximize the wealth in the economy, the Australian government must put an end on such forms of markets that restricts new entrants to perform business. If this happens, Australian econ omy will enjoy a boom as new firms will enter new markets, job opportunities will increase and the customers will get desired products at nominal prices. Bibliography Adamgale, 2016. Monopoly Oligopoly. P.hd. Vatican city: U.Z Publishers U.Z institute of economic studies. Bellarus, 2010. Different types of market. 1st ed. belgorold: Miracle Publishers. Birach, J., 2011. Macro-Economics for studying nations wealth. New Time New Day, 1(1), p.5. Cournet, 2000. Duopoly. 2nd ed. France: Cournet. George, G., 2011. Oligopoly firm. In Karton, ed. Internation standards for economics around the world. 1st ed. beaumount: U.S publishers. pp.125-70. Jack, B., 2015. Economics Under Monopoly. In Lucy, ed. Understanding Economics. 2nd ed. bath: Jackie Publishers. pp.55-70. Shinu, H., 2005. Oligopoly in australia. Research work. Dokalam: H.G Publsihers TTR university. Webster, M., 2013. Micro-economics. In Kerry, ed. Economics in a nation. 2nd ed. London: L.P Publishers. p.2.

What the College Board Recommend for Writing an Open Ended Essay Sample

What the College Board Recommend for Writing an Open Ended Essay SampleI have received many questions from students who are unfamiliar with the instructions and guidelines of the college board for essay writing. So, in this article I am going to describe to you what the specific guidelines and instructions are for each topic of writing a college essay. In fact, by reading through this article you will also understand the entire procedure of writing a college essay.The first topic is about how to write an essay about a topic that you know little about. You must start by defining the topic before you begin writing your essay, you must make sure you know what it is that you are writing about before you begin writing.The second topic is on topics that do not fit into any other topic. Most people who are interested in writing an essay on a specific topic have a particular idea in mind that they would like to explore.The third topic is on topics that provide the opportunity to write on a d ifferent angle of a similar subject. You can explore a new subject, you can use the same subject to create an interesting twist or perhaps you can use the subject as a springboard to write on a completely different topic altogether. Make sure that the direction that you are going in is not confusing, your essay will need to be coherent, interesting and written in a clear and concise manner.The fourth topic is a topic where there are many choices. Many people are likely to choose the best topic as a means of winning an essay contest. When you are writing a short essay, sometimes choosing the best way to write about a topic may seem impossible.The fifth topic is about topics that require a bit of editing. The editor will help you with certain areas that you may find difficult to write about, and this will help you understand how to structure your essay properly. This may mean that you will have to be a little creative, but the result will be well worth it.The sixth topic is about writ ing an essay on a topic that the college board has already determined that it should cover. The college board will commonly determine the topic of a particular paper by asking the essay questions about a particular topic.These are the six topics that the college board often recommends for you to write on. Before you begin writing you should find out exactly what topics are recommended for you to write on.

The #1 Quickest Way to Make Money As a Blogger

Do you spend countless hours trying to come up with the perfect topic for your blog? Do you also itch to find out if anyone left a comment or shared your latest post? If youre anything like me, writing for your blog is not a chore, but an exciting opportunity. Every month you come up with awesome blog posts and hope they reach your target audience. While most bloggers start off not thinking about making money from their blog, after a while they start to think maybe they can earn some cash by blogging. So, naturally you start to explore different ways to monetize your blog, but after six months youre finding what little money you are earning doesnt help pay the bills. Can blogging be a viable career choice? It can, but the traditional methods youre familiar with take a long time to blossom into steady income. According to Sue Dunlevie from Successful Blogging, it can take up to 6 months to make money with your own products, while affiliate products can take up to two months to see any profit. And heres what Amy Lynn Andrews has to say about this: I’d say give yourself at least 6 months before you start pulling in an income. And even then, it’ll most likely be coffee money. This isnt unusual for bloggers. For many, it can be up to a year after starting a blog to really see any profitable success. Stings, doesnt it? Heres Why You Arent Making Money Blogging There are many reasons why youre not as successful as other bloggers you know, but for today, lets talk about three core reasons why its easy to fail. 1. You Dont Think Your Blog is a Business Let me ask you this: When you first started blogging, what were your initial intentions? Was it to have a public diary of sorts? Or, was it to have a place to store all your ideas and tips? Maybe you just wanted to share your personal stories because you thought it would help someone out there. So, when you decided to start monetizing your blog, you werent in the business mindset. You viewed your blog as a hobby. A side project. If you truly want to be successful, you need to treat your blog like a business. This means you: Consistently publish content – theres no skipping a week or weeks when you want to make money with your blog Have a marketing plan – do you have a plan to generate more traffic? Do you have a plan to network with other bloggers to help grow your blog? Have multiple streams of income – do you have a product? Are you focusing on other projects in case your strategy to monetize your blog doesnt pan out? 2. You Have No Focus Sometimes bloggers lack focus and end up blogging about all their favorite topics. One day they write about WordPress plugins and the next they write about easy ways to include spinach in your diet. When you have no niche, youll struggle to have an audience. A niche – a topic or passion – is something top bloggers have and they exclusively blog about it. This is partly the reason why they can generate hundreds of shares and comments. But, dont you think readers will get sick and tired of reading about the same thing? Well no. People want to become invested in your blog and to do that they need to know what you primarily blog about. Take my blog for example. Im a freelance writer and blogger, so I tend to write about both those topics. I tend to write more freelance writing topics than anything else, but I know my audience is made up of more than just writers. I know bloggers and other WAHMs follow me. So, I do my best to include topics for all my audience. And since Ive been true to my word, my audience   knows what type of content I provide, which helps me grow my audience. 3. Blogging Takes Time Blogging is a gigantic commitment and many bloggers burn out. They either lost the passion they had to blog, or are battling bloggers block. If you truly want to make any kind of money , you have to invest in your blog like its a client. This is exactly what I do. I create a content schedule for my blog and one or two days a week I write my blog post, edit my post, find a feature image and package it up all nice and pretty before I publish it. I have to make room in my schedule for my blog. While my blog helps me land clients, I hope to leverage it in the near future once I launch my course for freelance writers. So, dont expect to have a huge following after blogging for a month. Creating great content and promoting your posts doesnt happen overnight. Now that you know the main reasons why your blog isnt making money, is there anything else you can do to earn a decent income without it taking a year? Theres definitely a quicker way to earn cash with your blog. Its the fastest way any blogger can earn big bucks. Your Ticket to Making Mounds of Cash With Your Blog The easiest and quickest way to start earning money from your blog is to offer a service. And since your talent is blogging, why not become a freelance blogger? Adam Connell from Blogging Wizard said: And its true. The average blogger will have much more success freelancing their blogging skills out than with trying to generate more traffic and promoting ads on their blog. For me, not even two months after I started freelance writing from scratch, I ended up landing a blogging gig for $100 a post. That month I earned $400. As a first time blogger, could you earn that much money from your blog in that amount of time? Okay, how can a blogger become a freelance blogger? What are the steps? My Quick Step Freelancing Guide for Bloggers You might think you need a degree or have amazing writing skills to be a freelance blogger, but you dont. Before I started freelancing, I worked as a teacher. My background is in psychology. As long as you know how to write for the web youll have no problems finding blogging gigs. Here are five things you can do in the next two months to land your first blogging client. In Your First Month One of the first things you can do is put up a Services page on your blog. You can title it Hire Me,   Let Me Help You or whatever fits your brand. Explain what type of services you can do. For freelance blogging you can offer: Editing Rewrites Copywriting Article writing Blog writing If you want to offer more than only content services, you can also promote other services like: Blog coaching ebook design Logo design Website design Social media management Blog management Try not to list a million services; I would stick to blog writing, editing and social media management as my main categories, and within each category explain what I can do for a client. Once you have a service page up, the next thing you want is to align your blog with your services page. I can quickly think of two blogs that brilliantly align their blog topics with the services they offer. They are Twelveskip and Quicksprout. If you find your blog doesnt lend well to this, you might find it a bit more difficult to leverage your blog for freelancing. This just means you have to work a little differently. For instance, you may find that your blog can lend you samples when you pitch. If your niche is parenting, use those blog posts as samples for your portfolio, rather than trying to fit your blog with your services. This is how freelance writer Lisa C. Baker used her blog about being a supermom to help her land freelance blogging clients. Finally, finish your month by landing guest posts in the niche or niches you want to write for. Target popular and niche-specific blogs. Be sure to give these bloggers your best content because their blog is seen by thousands more people than your blog. Before you submit your guest posts, work on crafting a solid author bio. Prospective clients will hopefully see your author bio and visit your services page to see what youre all about. In Your Second Month Now its time to source gigs. Places like Problogger and Blogging Pro have job boards for bloggers. Visit them daily and note any gigs that interest you. When you see a gig that really interests you, send your pitch. A pitch is an email that: Explains who you are (a freelance writer with expertise in your niche) Provides proof you are a writer (guest posts and your portfolio) Details your experience and skill set Showcases any noteworthy things (a feature on a popular blog for example) Most prospective clients want a blog writer that has written for blogs before, has a social presence online and can create awesome content. The more you pitch the better chance you have at landing your first client. If you build your brand and social media presence, you might notice prospective clients reaching out to you for content. This is only a quick step guide. To really leverage your blogging background, you would want a separate website with your services, like I have with Innovative Ink. But, that doesnt mean you cant start setting up your services page to see if you can land a couple writing gigs. Start Making Money As a Blogger Today Dont wait for an affiliate payout of only dollars. Start making money today by positioning your blog as a service-based business. If you need more help setting up your freelance blogging service, I have a free mini-course on Getting Paid to Write Online. Join the hundreds of aspiring writers and bloggers on learning how to get started with their freelancing. Now its your turn – do you find it hard to make blogging a success? Maybe consider freelance blogging! Tell me in the comments.

Dissimilation and Haplology in Phonetics

Dissimilation and Haplology in Phonetics Dissimilation is a general term in phonetics and historical linguistics  for the process by which two neighboring sounds become less alike. Contrast with assimilation.  According to Patrick Bye, the term dissimilation entered the field [of phonology] in the 19th century from rhetoric, where it had been in use to describe the variation in style required for good public speaking (The Blackwell Companion to Phonology, 2011). Dissimilation and Haphology As discussed below, one type of dissimilation is  haplology- a sound change  involving the loss of a syllable when its  next to a phonetically identical (or similar) syllable.  Perhaps the best known example is the reduction of  Anglaland  in Old English to England in Modern English. Haplology is sometimes called  syllabic syncope.  (The counterpart of  haplology  in writing is  haplography- the accidental omission of a letter that should be repeated, such as mispell for misspell.) The Phonetics of English ElisionLanguage ChangePronunciationSegment and SuprasegmentalSound ChangeWhat Is the Correct Pronunciation of February?Word Boundaries Examples of Dissimilation [An] example of dissimilation is the substandard pronunciation of chimney as chimley, with the second of two nasals changed to an [l]. The ultimate dissimilation is the complete loss of one sound because of its proximity to another similar sound. A frequent example in present-day standard English is the omission of one of two [r] sounds from words like cate(r)pillar, Cante(r)bury, rese(r)voir, terrest(r)ial, southe(r)ner, barbitu(r)ate, gove(r)nor, and su(r)prised.(John Algeo and Thomas Pyles, The Origins and Development of the English Language, 5th ed. Thomson, 2005) Dissimilation of Liquid Consonants ​Consider [an] example of dissimilation of liquid consonants that took place when the suffix -al attached to some Latin nouns to make adjectives. The regular suffixation process gives us pairs like the following: orbit/orbital, person/personal, culture/cultural, electric/electrical. However, when an /l/ precedes the ending anywhere in the root, the ending is changed from -al to -ar as a result of dissimilation: single/singular, module/modular, luna/lunar. (Kristin Denham and Anne Lobeck, Linguistics for Everyone. Wadsworth, 2010) Assimilation v. Dissimilation ​Assimilation is far more common than dissimilation; assimilation is usually regular, general throughout the language, though sometimes it can be sporadic. Dissimilation is much rarer and is usually not regular (is sporadic), though dissimilation can be regular. Dissimilation often happens at a distance (is non-adjacent) . . .. (Lyle Campbell, Historical Linguistics: An Introduction. MIT Press, 2004) Causes and Effects of Haphology ​We say that assimilation and dissimilation are changes that result in an increase or decrease, respectively, in the degree of phonetic similarity between two segments. It is tempting to think that such changes in the one segment are somehow caused by the phonetics of the other, and for generations that is actually how the matter has usually been presented. . . . But this is a confusion of cause and effect. It is true that the effect of the change is a net increase/decrease of similarity between two segments, but it is begging the question (to say the least) to assume that the degree of similarity is also somehow the cause of the change. The fact is that very little is known of the actual mechanisms of these changes, commonplace as they are. (Andrew L. Sihler, Language History: An Introduction. John Benjamins, 2000) Haplology Haplology  . . . is the name given to the change in which a repeated sequence of sounds is simplified to a single occurrence. For example, if the word  haplology  were to undergo haplology (were to be haplologized), it would reduce the sequence  lolo  to  lo,  haplology  Ã‚  haplogy. Some real examples are: (1) Some varieties of English reduce   library  to libry [laibri] and   probably  to probly [prÉ”bli].(2)   pacifism  pacificism (contrast with   mysticism  mysticism, where the repeated sequence is not reduced and does not end up as   mystism).(3) English   humbly  was   humblely  in Chaucers time, pronounced with three syllables, but has been reduced to two syllables (only one   l) in modern standard English.  (Lyle Campbell,   Historical Linguistics: An Introduction, 2nd ed. MIT Press, 2004) The Haphology Effect The  haplology  effect can often be heard in the casual  pronunciation  of each of these words: February, probably, regularly, and similarly.  The words  library  and  necessary, especially as spoken in Southern England, are often heard by foreigners as  libry  and  nessary. But when they repeat the words as such, they do not sound right, since there should be a lengthened  r  and  s, respectively, in those words. It shows that foreigners notice the beginning stages of  haplology  in those words, when there is as yet no complete haplology. (Yuen Ren Chao,  Language and Symbolic Systems. Cambridge University Press, 1968)

Leadership Research Paper Example | Topics and Well Written Essays - 250 words

Leadership - Research Paper Example Looking into the Trade Unions one will not fail to underscore the role they play in trying to air the grievances and opinions of junior workers (Thacker and Wayne, 1995). Through the trade union employees ensure change of policies and strategies in running a company e.g. better working conditions, efficiency and remuneration increment. The other of upward influence in an organization is when the junior staff engages in direct contact with the managers in tying to solve a pending issue. It should however be noted that this is more prevalent in an organization whose manager takes the participative style of leadership says Thacker and Wayne (1995). In this form a manager tries to consult in order to solve the various problems affecting their organization. It is therefore possible given the individual circumstance for there to be an upward influence in an organization more so in solving prevailing

Brand Extension Marketing Plan Research Paper Example | Topics and Well Written Essays - 500 words - 2

Brand Extension Marketing Plan - Research Paper Example This aims at penetrating almost 80 percent of the target market and making it convenient for customers to access the new product. The distribution strategy is that Al-Mara Crà ¨me and Soap is easily available to its target market.  Ã‚  Ã‚  Ã‚  Ã‚     Promotion: The targeted geographical market is Lavington Green Village and this requires that were use a personalized approach to promoting our product. In this case, we will use billboards at strategic points within the estate so that a large number of the target customers can learn about our new product. The promotional material will portray an image of health and genuineness. We will asses the effectiveness of the promotional strategy using the number of sales. Marketing Research  We will mainly be involved in primary marketing research with a combination of secondary research. Primary research aims at identifying our existing customers, potential customers, and the competition that we will be facing in the market for cosmetics . Secondary research will provide information such as trade associations and government reports on the general cosmetic market. Information from the two types of resources is vital in the decision making process because it is very comprehensive. Evaluation of the research information will involve an assessment of the accuracy of the decisions made and response from the market. For instance, positive feedback will indicate that the company identified the real needs of the market. Clean-So will conduct the research on its own because it is relatively cheap.

Billboard Hot Country Songs number-one singles Essay Example for Free

Billboard Hot Country Songs number-one singles Essay Hello my name is Chassidy Mitchem I would absolutely love to be a part of your cosmetology program. I love to do hair and, make up. Doing hair is something I enjoy doing in my free time. It’s a way to get away from people and let my mind explore into better things. I enjoy looking and trying new hair styles and colors. I have done makeup and hair for Homecoming court and Grand March. It would be an absolute dream to get into this school and have some hands on time with the things I love doing while learning more about Cosmetology. Cosmetology is very important to the world because someone will always want their hair done or make up done. Most people only want to go to a professional so they know they will be getting the best of their money. You could also be able to set up your own business around your area. I differ from a lot of my peers because no one really understands the importance of Cosmetology the way I do. Everyone thinks it useless. Cosmetology is just as important as other jobs because someone will always need you. There will always be someone needing their eye brows done or maybe there nails especially during homecoming and prom or even a wedding. I’ve talked to a couple people and got some really interesting opinions. Some people has told me I wouldn’t make it and some people has told me I would, but my motto is â€Å"Never give up, because you never know how close you are to fulfilling your dream.† I plan on getting this degree and opening my own salon and I feel that it will give me knowledge I need to know for success. I learned to do this at a young age and I feel very strong about this career. I believe this will be the field I dedicate myself to. I hope to be attending this college at whatever time the school year would begin