Write 2 pages thesis on the topic last healthcare using excel. Fundamentals of microeconomics al Affiliation) Question one Market A market refers to a medium that allows buyers and sellers of a particular good or service to interact in order to enhance an exchange process. Various issues may determine the price that the customers pay at the time of transaction, though price is majorly determined by the principles of demand and supply (Zubair & Habibah, 2011).

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Write 2 pages thesis on the topic last healthcare using excel. Fundamentals of microeconomics al Affiliation) Question one Market A market refers to a medium that allows buyers and sellers of a particular good or service to interact in order to enhance an exchange process. Various issues may determine the price that the customers pay at the time of transaction, though price is majorly determined by the principles of demand and supply (Zubair & Habibah, 2011).

Market equilibrium

The market equilibrium refers to the situation in which the quantity of products and services is equal to the products and services supplied. This principle makes the price to become more stable. When there is high supply of goods and services, the price decreases resulting in a higher demand.

Preparation of a schedule and drawings of demand and supply curves

Price (X) in dollars

2

4

6

8

10

Quantity demanded

88

76

64

52

40

Price (X) in dollars

1

2

3

4

5

Quantity supplied

31

34

37

40

43

The price and output level at the point of equilibrium in the market

At equilibrium, the quantity demanded is equal to the quantity supplied (Zubair & Habibah, 2011).

Therefore, Qd = Qs, meaning that 100-6P= 28+3P

-6P-3P = 28- 100

-9P = – 72

P = 8 dollars

The Qd = 100 – (6*8)Qs = 28 + (3*8)

Q = 52 unitsQ = 52 units

At equilibrium: The price level = 8 dollars

The quantity level = 52 units

Question two

a) Equilibrium price=$30, price where quantity of barrels demanded equals the quantity supplied.

b) Total revenue(TR)=q*p

TR= (50, 000000*40)

=$2 billion

c) TR=Quantity supplied*price

50,000,000*50

=$2.5 billion

The total revenue (TR) will increase i.e. from $2 billion to $2.5 billion.

d) Elasticity of demand is a ration used to show the understanding of price in terms of ratio in quantity demanded to price:

Price Elasticity of demand is the ratio of quantity demanded to the price in form of percentage (Zubair & Habibah, 2011).

Change in Qd = 30 – 40

= – 10

% change = -10 * 100%

= – 10 %

Change in price = 40 – 30

= 10

The change in % = 10 * 100%

= 10 %

= (- 10 / 10)

Therefore, the price elasticity of demand is equal to – 1 unit.

Price elasticity of supply

The price elasticity of demand refers to the ratio of the quantity supplied to the price in form of percentage.

The change in the Qs = 50 – 40

= 10 units

The % change in supply = 10 * 100%

10 %

The change in the price = 40 – 30

= 10 dollars

The % change in price = 10 * 100 %

= 10 %

The price elasticity is illustrated as (10/10) %

The result that indicates the price elasticity is equal to 1 unit.

Question three

The law of diminishing marginal utility

The law of diminishing marginal utility refers to the state that when an individual increases the consumption of a commodity and at the same time keeping the consumption of other products constant, there is a decrease in the in the marginal utility that the individual originates from consuming each extra unit of that commodity (Zubair & Habibah, 2011).

The formula for calculating the marginal utility is equal to change in the total utility over the change in the number of units consumed by an individual.

Units consumed of goods A

Total Utility

Marginal Utility

1

20

–

2

35

15

3

45

10

4

50

5

5

50

0

6

45

-5

7

35

-10

a. The marginal unit of consuming three units of good A is equal 10units.

b. The level of consumption at the point where the marginal utility is zero is equal to consumption of five units of good A.

c. The level of consumption at which the total utility will reach at maximum is the point where the individual will consume five units of good A.

d. The point at which the level of consumption where the marginal utility becomes negative is the point where an individual consume six units of good A

Question four

Consumer surplus

The consumer surplus refers to the economic measure of a consumer satisfaction that is calculated by evaluating the difference between what the consumers are ready and able to pay for a good or service virtual to its market price (Zubair & Habibah, 2011). The case of a consumer surplus will probably occur when the consumer is ready and able to pay more for a given product or service than the current market price.

Producer surplus

The producer surplus refers to the economic measure of the difference between the value that a producer of a commodity receives and the least amount that the individual would be willing and able to accept for the commodity (Zubair & Habibah, 2011). Therefore, the surplus or difference is the benefit that the producer receives for selling the commodity in the market.

Question five

Law of supply

The law of supply states that, ceteris paribus, (all factors kept constant), the price and quantity supplied of goods and services are directly proportional to each other.

How the following factors will shift the supply curve

a. Number of producers increasing in the market

When the number of producers increase in a market, the supply will automatically decline due to the excess suppliers who are will and able to supply goods and services. The price of supply will also fall.

b. Advancement in electronic technology

Advancement in technology will create a rise in supply because relevant information on where to supply next will be easy to know. An increase in technology leads to an increase in supply. This is a non-price factor.

c. Increase of prices of raw materials

An increase in the cost of raw material will automatically increase the price of production. The selling price and the supply will also increase.

d. Expectation of increase in oil prices during next month

The expectation of future increase of oil will increase the quantity demanded making the supply and the prices to rise (Zubair & Habibah, 2011).

Reference

Zubair Hasan., & Habibah Lehar.,. (2011). Fundamentals of microeconomics. Oxford: Oxford University Press.

write an article on An introduction into the importance and nature of gastronomic events (Afternoon tea). It needs to be at least 250 words.

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Hello, I am looking for someone to write an article on An introduction into the importance and nature of gastronomic events (Afternoon tea). It needs to be at least 250 words. Gastronomic Events – Afternoon Tea Gastronomic Events – Afternoon Tea The term gastronomy is used to refer to the study of cuisine as well as various other cultural norms of different regions with specific focus on cuisine that are gourmet in nature (dictionary.cambridge.org, 2014). The term gastronomic events falls under the umbrella of gastronomy and is used to refer to the food related events that are practiced by different nations and these events especially symbolizes these nations. For example: one of the gastronomic events that occur in the region of Britain is afternoon tea which became a part of Britain’s tradition during the period of 1840 and was introduced with the propose of escalating the feel of hunger for a meal that takes place during evening session, especially around the time of 8pm (handpickedhotels.co.uk, 2014). Afternoon tea comprises of various food items such as cakes, sugary pastries, patties along with a cup of tea. This gastronomic event was first practiced as a portion of a socializing event that used to be private in nature and used to be practiced by the female populations of Britain and these females mostly represented the upper class of the society. Later this event was awarded with the status of being a formal occasion as the practice of afternoon tea was exercised by Queen Victoria and the event was recognized as tea receptions. Tea receptions are events that comprise of around 200 guests that visit a home where the event is held during evening hours and these visitors are allowed to be a part of the event whenever they wish to during evening hours.

References

Afternoon Tea Parties in East Sussex. (n.d.). Afternoon Tea venue in East Sussex at Buxted Park Hotel. Retrieved February 15, 2014, from http://www.handpickedhotels.co.uk/hotels/buxted-park/PrivateDining-Celebrations/Family-Celebrations/Tea-parties/

English definition of “gastronomic”. (n.d.). gastronomic adjective. Retrieved February 15, 2014, from http://dictionary.cambridge.

prepare and submit a paper on chinese women in marriage, family planning, and family responsibilities. In the 20Th century, key meanings of life were major topics in public discussions. These major topics were about women and they included marriage, family, sexuality, and planning as well as gender responsibilities.

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Your assignment is to prepare and submit a paper on chinese women in marriage, family planning, and family responsibilities. In the 20Th century, key meanings of life were major topics in public discussions. These major topics were about women and they included marriage, family, sexuality, and planning as well as gender responsibilities.

Chinese marriage practices in the past seemed like transformations from family-based operations to limited individual choice. In Chinese past marriage practice, they regarded the matching of spouses to relate to free-choice marriage. Through the end of the Mao years and into the reform era, the act of parental involvement in marriage choices continued in both rural and urban settings (Hershatter 8). As much as it is no longer rampant, mothers in the past appear to have exercised parental influence. During the Chinese collective period, officials attempted to discourage betrothal and the purchase of women. As much as it was unsuccessful, it was able to gain more influence in the urban areas where they practiced courtship. Bride price became more important than dowry and was enough to cater to the bride’s family expenses and leave some to bring in wife for the son in the family (Hershatter 8). Rapid improvement in women’s social status has important implications for marriage practices in china. The median age for marriage that was 20 in the 1940s hit 23 by the 1980s (Hershatter 9). Despite the delays, marriage is still an important institution and women marry men of higher social statuses. It has been a common traditional practice in china and the less educated men may lack spouses. This cultural norm is still in place in contemporary china though many marriages have transformed from being parent-based into love-based (Hershatter 8).

Hypergamy was due to marrying men of social status but now that women are reducing the education gap between the two genders hypergamy is no longer prevalent. The current trend involves the growing age differences between&nbsp.the two genders.

research paper on earth science class. Needs to be 2 pages. Please no plagiarism. EARTH SCIENCES & Section Number of EARTH SCIENCES: – Discuss the formation and types of fog. Fog is termed as the collection or accumulation of dewdrops (water droplets) which are present in the earth’s atmosphere (Ahrens, 1991).

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Need an research paper on earth science class. Needs to be 2 pages. Please no plagiarism. EARTH SCIENCES & Section Number of EARTH SCIENCES: – Discuss the formation and types of fog. Fog is termed as the collection or accumulation of dewdrops (water droplets) which are present in the earth’s atmosphere (Ahrens, 1991). It is important to know that fog is a typical form of a cloud but the term “Fog” is used to differentiate the thin-line difference between a cloud and a fog. A fog is a result of the water vapors accumulated from the water sources present on the ground like a lake or marsh bodies as well as the ocean which give rise to fog. In other words, they are low-lying clouds (Allred, 2009). Formation of a fog depends on the variation between temperature and dew point which should be less than 2.5 °C or 4 F (Ahrens, 1991). The formation of fog is very similar to those with a cloud. The evaporated water fuses in the atmosphere in the form of water vapors which are obtained from the local ground water sources like lakes, oceans, water streams or marshy areas. This transformation of water into water vapors from the sources results in the mixing and rise of these vapors in the air or atmosphere. Gradually and slowly, these vapors start bonding up with the small dust particles present already in the air forming the dew droplets. Further, this condensation of dew droplets causes the fog to form slightly above the ground (Miles, 2007). TYPES OF FOG: There are basically two main types of fog out of various other types that are categorized on the basis of the process of their formation. Radiation fog and Advection fog are the main types to emphasize on. 1- Radiation Fog: Clear weather and calm winds at night are the main sources behind the formation of this type of fog. Radiation fog is formed at night when heat is discharged from the Earth’s surface with a unique swiftness. This heat has been entrapped during the day by the surface. It is visibly clear to see the thin layer of fog as it forms above the ground during this cooling process of earth’s surface. Sometimes the fog becomes very dense as the relative humidity reaches to 100% (Miles, 2007). 2- Advection Fog: Advection fog is the major type of fog. This type of fog is formed when moist air is passed over a cooler surface like a sea or ocean by the winds (Miles, 2007). Other Types of Fog: There are other forms of fog as well such as: 1- Upslope Fog: This type of fog is formed when air is pushed up by the wind on mountains or hills. This causes the moisture trapped in it to cool itself as it rises and eventually it condenses up forming into a dense fog (Miles, 2007). 2- Ice Fog: Ice fog normally forms in Arctic or Polar regions. This type of fog is also known as frozen fog. For its formation, it requires a low temperature at -35 C that makes the water droplets present in the air super cooled (Miles, 2007). – Discuss the classification of clouds. Cloud Classification: Clouds are classified into three main groups: lower, middle and high level clouds. The Lower Level Clouds: These clouds have an ever changing structure and undergo a chaotic activity in the lower parts of the earth’s atmosphere. Since they are closer to the terrestrial plane, therefore they appear to move faster the upper level clouds. They usually move in the direction of the wind, which is identical to the wind on the ground (Hamblyn, 2002). Moreover, there features are not well defined. The main types of these clouds are: Cumulus Stratocumulus Stratus Middle Level Clouds: Middle Level Clouds develop in the middle level of the earth’s atmosphere. The clouds are brighter than the lower level clouds and the chaotic scenes observed in the lower level clouds are not much seen here. Moreover they have a less fragmentary appearance. Compared to the lower level clouds their speeds are below as well (Hamblyn, 2002). The main type of these clouds are: Altocumulus Altostratus Castellanus Floccus High Level Clouds: High Level Clouds are formed at a cloud base that ranged between 5 and 13 km above the ground. Usually the air temperature at this level is noted less than -40 C. Therefore, it have been found out that these clouds are not made up of water droplets instead they are formed of tiny ice crystals. These clouds are either curly or like puffy balls. Sometimes these clouds also appear in thin sheets (Hancock & Skinner, 2000). The main type of these clouds are: Cirrus Cirrocumulus Cirrostratus List Of Reference: 1- Ahrens, C. (1991).&nbsp.“Meteorology today: an introduction to weather, climate, and the environment”.&nbsp.West Publications. 2- Allred, Lance (2009).&nbsp.“Enchanted Rock: A Natural and Human History”.&nbsp.University of Texas Press. 3- Miles, Kathy (2007).&nbsp.“Just About Everything You Wanted to Know about Fog”. &lt. www.Starryskies.com&gt. viewed on 12 June 2011. 4- Hamblyn, Richard (2002). “The Invention of Clouds – How an Amateur Meteorologist Forged the Language of the Skies&nbsp.Picador.” Reprint edition. 5- Hancock , Paul & Skinner , Brian (2000).&nbsp.”Clouds. The Oxford Companion to the Earth” &lt. http://www.encyclopedia.com/topic/cloud.aspx#1-10112:clouds-full&gt. viewed on 12 June 2011.