30 Words Containing the Letters sm

30 Words Containing the Letters sm 30 Words Containing the Letters sm 30 Words Containing the Letters sm By Mark Nichol After writing a post about the suffix -ism, I explored the class of words that include the letters s and m in sequence in which the letters are not a consonant blend (as in small) or in which the s is not at the end of a prefix (as in besmirch and dismiss); with some exceptions (specified), they have in common an origin in Greek. Here are the qualifying words I found that do not use the suffix -ism or do not refer exclusively to a medical or scientific condition or phenomenon (though a couple of specialized terms that have acquired one or more figurative senses are included). 1. abysmal: very bad; abysm is a poetic alternative to abyss, from the Late Latin abyssus, meaning â€Å"bottomless pit† (which derives abyssos, meaning â€Å"bottomless pool,† although the sm ending either resulted from the superlative abyssimus or was created in imitation of Greek words) 2. basmati: a variety of rice, from Hindi, meaning â€Å"something fragrant† 3. cataclysm: a deluge, from kataklysmos, meaning â€Å"flood† or â€Å"inundation† 4. charisma: charm, from kharisma, meaning â€Å"favor† or â€Å"divine gift†; originally referred to exceptional authority or leadership 5. chasm: a deep crack, from khasma, meaning â€Å"gulf† 6. chiasmus: the inversion for rhetorical effect of two or more clauses (as in Voltaire’s quotation â€Å"The instinct of a man is to pursue everything that flies from him, and to fly from all that pursues him†), from khiasmos, meaning â€Å"crosswise or diagonal arrangement† 7. chiliasm: belief in Christ’s 1,000-year reign on Earth, ultimately from khilioi, meaning â€Å"a thousand† or referring to the number 1,000 8. chrism: a balm in oil used in church rituals, from khrisma, meaning â€Å"an anointing† 9. cosmetic: a substance used in improving one’s appearance (the plural form, cosmetics, refers to such products collectively), or, as an adjective, pertaining to personal beautification- and the words have an additional sense of â€Å"superficial† or â€Å"for the sake of appearances†- from kosmetikos, meaning â€Å"skilled in adorning or arranging†; these words and cosmetology, the term for the study of beautification, are related to cosmos (see below) in the sense of order or arrangement 10. cosmos: the universe (referred to as â€Å"the cosmos†), from kosmos, meaning â€Å"order† or â€Å"orderly arrangement†; more often seen as cosmic, the adjectival form, and cosmo- is the root word of cosmology (a word for the study of the universe) and other words, and a form of the root is also seen in macrocosm, meaning â€Å"something seen as a miniature version of something larger,† and microcosm, meaning â€Å"a large system consisting of many smaller ones† 11. desmesne: a domain or estate, or possession or use of one’s land, from a respelling in Anglo-French of the Middle English term demeine (â€Å"domain†) 12. dismal: wretched, from the Latin phrase dies mali (â€Å"evil days†) 13. enthusiasm: eagerness or zeal, from enthousiasmos, meaning â€Å"divine inspiration† 14. gismo: gadget (variant spelling of gizmo, of unknown origin) 15. iconoclasm: criticism of conventional beliefs or standard institutions, from eikonoklastes, meaning â€Å"image breaker†; originally referred to literal destruction of images and objects considered idolatrous 16. jasmine: a plant, from Persian 17. kismet: fate, from Arabic qisma, meaning â€Å"portion† or â€Å"lot† 18. melisma: one of several specific types of musical expression, from melisma, meaning â€Å"song† or â€Å"melody† 19. mesmerize: captivate, or hold spellbound, from the name of hypnosis pioneer Anton Mesmer 20. miasma: a literal or figurative cloud or fog of an unhealthy or unpleasant or obscuring nature, from miasma, meaning â€Å"pollution† 21. orgasm: sexual excitement, from orgasmos, meaning â€Å"excitement† or â€Å"swelling† (also a verb referring to the sensation); the noun refers, by extension, to any stimulating experience (note also two slang terms modeled on orgasm: geekgasm, referring to a nerd’s exultation about, for example, a new computer program or video game, and eargasm, the result of an extremely pleasurable song or sound 22. osmosis: movement of a liquid through a solid, or, figuratively, learning or understanding something easily or smoothly; this word is an invention of New Latin and does not come from Greek 23. paroxysm: a sudden attack or a convulsion, from paroxysmos, meaning â€Å"irritation† or â€Å"exasperation†; now also used colloquially to refer to an outburst of emotion 24. phantasm: a ghost or illusion, from phantasma, meaning â€Å"image† or â€Å"phantom†; a related word is phantasmagoria, referring to an exhibition of optical effects or illusions, a constantly changing scene, or a bizarre collection 25. prism: a medium or a shape that refracts light, from prisma, meaning â€Å"something sawn†; also, figuratively, something that colors, distorts, or slants one’s perspective 26. sarcasm: a form of darkly humorous criticism in which the words stated are the opposite of the intended meaning, as in â€Å"Well, that went well!† for a disastrous incident, from sarkasmos, meaning â€Å"jest† or â€Å"taunt† 27. schism: originally referred to dissension within the Catholic Church but now also pertains to any disagreement in philosophy or policy, from skhisma, meaning â€Å"division† 28. seismic: pertaining to earthquakes, from seismos, meaning â€Å"a shaking,† â€Å"a shock,† or â€Å"an earthquake†; several words derived from the root seismo-, such as seismology (the name for the study of earthquakes) and seismograph (the word for a device that measures the motions of an earthquake) also exist (seismic also might be used to describe something of hugely significant import) 29. spasm: a sudden violent muscular contraction, ultimately from spasmos, meaning â€Å"convulsion†; also loosely employed to refer to an emotional outburst 30. talisman: a good-luck charm or something believed to have magical or miraculous powers, from telesma, meaning â€Å"consecration† Want to improve your English in five minutes a day? 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3 Types of Parenthetical Problems

3 Types of Parenthetical Problems 3 Types of Parenthetical Problems 3 Types of Parenthetical Problems By Mark Nichol 1. The survey found increasing demand for customer experiences that are difficult, if not impossible to deliver with legacy systems. Writers sometimes carelessly neglect to close a syntactical door after opening it. In this case, â€Å"if not impossible† is a parenthetical interjected into the main clause, so a comma must follow as well as precede it: â€Å"The survey found increasing demand for customer experiences that are difficult, if not impossible, to deliver with legacy systems.† 2. Similar to the Internet in the 1990s that transformed business models to adopt e-commerce and new ways of working, cryptocurrencies and blockchain have the potential to disrupt in ways not even imagined. There is only one Internet, but this sentence implies that more than one exists, and that the one in question transformed business models in the manner described, but the reference to transformation is parenthetical, and nonessential to the main clause, so it should be set off with a comma as a parenthetical by preceding which, which replaces that to signal the nonrestrictive nature of the parenthetical: â€Å"Similar to the Internet in the 1990s, which transformed business models to adopt e-commerce and new ways of working, cryptocurrencies and blockchain have the potential to disrupt in ways not even imagined.† (The comma that separates the subordinate clause, â€Å"Similar . . . working,† from the main clause, â€Å"cryptocurrencies . . . imagined,† doubles as the parenthesis-closing punctuation mark.) 3. Three board members, John Doe, former CEO of World Wide Wickets; Jane Smith, CEO of Global Tetrahedron; and James Jones, executive director of the Church of the SubGenius; voted against the measure. The series of names and job titles is parenthetical to the main clause, â€Å"Three board members voted against the measure.† However, the punctuation marks that open and close the parenthetical do not match, and all the semicolons are problematic because they syntactically cut off â€Å"voted against the measure† from the rest of the sentence. The simple solution is to replace the overkill semicolons with commas because the sentence structure precludes confusion about the corresponding names and titles: â€Å"Three board members, John Doe, former CEO of World Wide Wickets, Jane Smith, CEO of Global Tetrahedron, and James Jones, executive director of the Church of the SubGenius, voted against the measure.† Alternatively, if the writer insists on using semicolons, splice the two parts of the main clause into one uninterrupted statement as a setup to a list that follows a colon: â€Å"Three board members voted against the measure: John Doe, former CEO of World Wide Wickets; Jane Smith, CEO of Global Tetrahedron; and James Jones, executive director of the Church of the SubGenius.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:Compared "to" or Compared "with"?The Parts of a WordTypes of Ignorance

Explain the relevance of marketing concept to the 21st century Essay

Explain the relevance of marketing concept to the 21st century business of Virgin Group - Essay Example In the case of Virgin Group, it can be observed that the overall goal of the organization is to partner with different business groups in order to create recognised brands. Therefore, the element of mutual relationship among the stakeholders involved is very important since it helps the partners involved to pull their resources towards the same direction. As such, the marketing concept that is suitable for this noble cause is relationship marketing since it is designed to improve the viability of the organization through unifying all the stakeholders involved in a certain business. This marketing concept is effective since it is oriented towards fulfilling the needs and wants of all the stakeholders involved in Virgin Group’s activities. Introduction The success of business in its operations mainly depends on the marketing concept adopted. As such, this paper seeks to evaluate the relevance of relationship marketing (RM) to the operations of Virgin Group which is regarded as t he 21st century business. The paper starts by describing above mentioned marketing concept and this is followed by a brief introduction of the chosen organization, Virgin Group. The main body of the paper will focus on explaining the relevance of the marketing concept to the 21st century business under spotlight. The main points discussed in the paper will be summarised in the conclusion. Description of the marketing concept Relationship marketing is described as the process of establishing, maintaining, enhancing and commercialising customer relationships so that the objectives of the parties involved are met Strydom (2004). Relationship marketing is particularly concerned with satisfying the customer needs and wants. During the contemporary period, it can be noted that markets are characterised by stiff competition such that it becomes imperative for the organisations to retain their customers in order for them to operate viably in the future, (Athanasopoulou N.D). This can be ach ieved through establishing quality relationships around services of the customer, suppliers and other stakeholders as well as their values. These stakeholders in business particularly the customers are the main component in the relationship mix. Concerted efforts ought to be taken in order to satisfy the needs of the customers which can lead to creation of loyalty among them. In case of Virgin Group, this strategy can go a long way in creating competitive advantage for the organization. The concept of relationship marketing often involves high customer involvement and contact whereby mutual understanding can be created among the parties involved. Strydom (2004) posits to the effect that relationship marketing is a continuous process. Essentially, the concept of relationship marketing evolved from transactional marketing in order to serve the interests of the customers profitably. The concept of relationship marketing is also centred on creation of value chain which will help the org anization to gain a competitive advantage if its products and services are regarded as more valuable than the ones offered by the other competitors in the same industry (Wang et al, 2004). Positive consumer perceptions about a product play a pivotal role in creating quality relati

Critically review and reflect on the reasons why organizations are Essay

Critically review and reflect on the reasons why organizations are using Project Management to achieve their strategic objective - Essay Example Many organizations term project management as a pre-requisite to meeting the strategic objectives. And before approaching any strategic aspect, it is being ensured that project management rules and been followed and project management structure is in place. It is commonly seen that projects often fail due to improper implementation of project management scheme (Morris & Sember, 2008). While scenarios where project management was implemented to the full, have mostly insured success. Project management is a separate discipline in itself and has a list of activities and procedures to it, along with the tools and techniques that help in making the task easy. The importance of Project management in modern times has been more than ever before and for this reason, nearly all organizations have project management scheme in place. Project management in other words is defined as all those actions, strategies, tools and techniques that lead to achieving the strategic objectives (Tonnquist, 2009 ). Strategic objectives on other hand are defined as those factors that impact the organization and its entities in a direct manner. These can be met through clear definition of the elements that contribute towards their accomplishment. These elements are namely, clear and focused vision about objectives, presence of communication channels, work break down structure, assigning of roles to the suitable personnel, making sufficient use of the resources; prepare a plan for the emergency situations. Focus on objectives: One of the most important factors any organization needs to take into consideration is the clear vision in terms of the goals to be achieved. Deviations are expected any time during the project and organizational activities, with help of clearly defined objectives the chances of deviations can be reduced. Before emphasizing on the need for project management, it is vital to understand and define the elements that constitute strategic objectives. Strategic objectives can be in terms of the overall productivity, budget allocation, social factors, the proper relationship establishment with the stakeholders, maintaining the communication channels, individual personnel that are of high importance to the organization, hence all those factors that have an impact on final result. Customers Aspect: Customers hold the key to the success and failure of any organization. Their response can turn an organization either way. Customer satisfaction is a universal strategic objective that is the front line desire of almost every organization. Meeting the customer demands requires proper planning. The field of project management provides ample guidance towards customer satisfaction (Kerzner & Sponholtz,pg 23, 2007). The scope of project management is very vast and it makes up for an entire discipline, it has few basic elements namely: Planning Organizing Controlling Staffing Leading Every organization needs the above mentioned elements to be in place in order to meet their strategic objectives (Weihrich & Cannice, 2010). Co-relation between planning and Organizational Effectively: A co relation can be established between the organizational functions and project management in many aspects. Planning is one of them. Organizations need planning to be in place while project management provides guidelines for achieving this planning. A famous saying goes about planning that â€Å"Failing to plan is planning to fail† (Hess, et al., pg 454,2011), under the principles of project manage

Dissertation proposal Example | Topics and Well Written Essays - 750 words

Proposal - Dissertation Example (Department of Trade and Industry, 2002) Considerable awareness is there on these concepts of social enterprises, but the problem is in reality the numbers of social enterprises are significantly lower in relation to normal profit-making companies. This kind of observation simply leads to the question as to whether this situation is taking place because there is scarcity of required finance that is essential for providing support to the growth of these organizations or whether people are less interested in setting up a social enterprise on account of the challenges it faces. (Shortall, 2009) From the perspective of a lender, particularly of a banker, the flow of cash and the capability of repaying all the debts are the important factors and criteria for judging the application in the area of financing. This is indeed a challenge for the managers of the organizations like social enterprises service where the key funding sources are donations and grants. (Gates, 1998; Shortall, 2009) S ubsidies provided by Government and donations offered by various public and private organizations or individuals are not dependable sources of revenue in any of the traditional lending system, consequently social enterprises shall necessitate adequate amount of collateral for compensating for that. Cash flow on a regular basis is a very important thing for any traditional lending organization like banks to take into account at the time of lending any firm. It is generally found that banks are not as much interested in extending loans to social enterprises as in doing the same for other normal profit-making institutions. The bankers actually perceive the business and operational modes of social enterprises in a different way. (Brown, 2004; Department of Trade and Industry, 2002) In this background, it would be quite interesting to examine the environment of finance in this special type of enterprises, namely social enterprises. The proposed research aims at conducting a thorough revi ew of bankers’ actual awareness regarding business and operational modes of social enterprises, their attitudes towards social enterprises’ business modes and social enterprises’ ability to attract funds from traditional lenders like banks. Given the goals and nature of operation of these institutions, it seems that bankers would not be much likely to lend them funds. In this scenario, it would be interesting to examine the extent to which bankers are reluctant of giving funds to social enterprises and why they are reluctant. For the purpose of the present research, the social enterprises of London will be taken into account. A significant number of social enterprises operate in different industrial sectors of London and a number commercial banks operating in London will be considered. Research Objectives: Given the research aim discussed in the earlier section, the research objectives of the study can be stated as follows: To build an enhanced understanding of awareness of bankers regarding the nature of operation of social enterprises. To identify the bankers’ attitude towards lending social enterprises and to find out the sources of having the attitude they have built. To examine the ability of social enterprises in attracting funds from traditional lending organizations like banks. Research Questions: On the basis of the research obje

Analysis Of The Stranger, By Albert Camus Essay

Analysis Of The Stranger, By Albert Camus Essay Tone is very important to The Stranger. Albert Camus uses several examples of irony and ironic twists. For example, Meursault got involved in a fight that had nothing to do with his life. He started out by writing a letter for his neighbor, Raymond. Raymond wanted to get his ex-girlfriend back in order to punish her for what happened in the past. Meursault ended up fighting the brother to the woman, who happened to be Arab. The final outcome was Meursault had to kill the Arab man even through the writing made the readers think Raymond was going to kill the brother. Meursaults voice comes across as lacking typical emotions. The subjective tone of the author makes the reader feel sympathetic, unsympathetic, and sympathetic once again towards Meursault situation. Then within the last few pages he has a revelation that changes the way he thinks and feels. There are various literary devices used in The Stranger. Symbolism is shown in both part one and part two. Colors of the ocean, the sky, and the view of everyday life symbolize different feelings. The color red is used when Meursault is angry or when he feels lust. He described Maries red dress when he wanted her and he described the Arab at the beach right before they fought. The color green is used when hes happy. For example, The sky was green, I felt good. The crucifix is a symbol for god and sacrifice. The crucifix shows everything that he doesnt believe in. He proves this by saying He wanted to talk to me about God again, but I went up to him and made one last attempt to explain to him that I had only a little time left and I didnt want to it on God. The courtroom is a symbol for mankind as a whole. The jurors and judge is like society and how they judge Meursault and can change his life. He feels this when he says, It was then that I noticed a row of faces in front of me. The y were all looking at me; I realized that they were the jury. But I cant say what distinguished one from another. I had just one impression: I was sitting across from a row of seats on a streetcar and all these anonymous passengers were looking over the new arrival to see if they could find something funny about him. Imagery is used when describing all characters, events, and settings. Albert Camus uses colors, and subtle details that paint a mental picture. He describes Old Salamano and his dog as two beings on the planet that look similar with their old yellow flaking skin. But Meursault also describes everything around him. And I can remember the look of the church, the villagers in the street, the red geraniums on the graves, Prezs fainting fit, he crumpled up like a rag doll the tawny-red earth pattering on Mothers coffin, the bits of white roots mixed up with it; then more people, voices, the wait outside a cafe for the bus, the rumble of the engine, and my little thrill of pl easure when we entered the first brightly lit streets of Algiers, and I pictured myself going straight to bed and sleeping twelve hours at a stretch. Meursault describes everything he can see making the readers understand the novella better. Similes and metaphors are used on practically on every page of The Stranger. A simile is used when describing Raymond. He was bleeding like a pig. Meursault states about the sun, But the heat was so intense that it was just as bad standing still in the blinding stream falling from the sky. To stay or go, it amounted to the same thing. A minute later I turned back toward the beach and started walking. The sun is a metaphor for Meursaults uncomfortable feeling. Hes comparing the sun to society and how both make him feel uncomfortable and different and he doesnt like it. The Stranger by Albert Camus shows a man fighting society in his head and how he deals with it. The novella uses tone, theme, and literary devices to show this mans life and his sceptical view of the world as he discovers that he can change , only to find out that it is too late.

colombia Essay -- essays research papers fc

Violence in modern Colombia takes place in many forms. The three major categories are crime, guerrilla activities, and attacks committed by drug traffickers. Violence has become so widespread and common in Colombia that many people have now become numb to it. The Colombian economy has also benefited from the illicit drug trade; however violent it may be. During the 1970s, Colombia became well known, as one of the world’s most important drug processing, production, and distribution centers for marijuana and cocaine. The shrubs and plants from which both drugs are derived from and processed has been well known in Colombia for centuries, but until the 1970s drug refiners and traffickers had not taken full advantage. The chewing of coca leaves was very well known in the South American Inca Empire in the 11th century. The Incas, the Colombian Chibchas and other local ethnic groups have always attributed mythical and religious power to the bush and to the alkaloids that were extracted by its leaves by chewing on them. The existence of a drug, cocaine, which could be chemically extracted from large volumes of leaves was not discovered until 1884 by an Austrian ophthalmologist. Marijuana is a drug extracted from hemp, a plant from which coarse fibers are also obtained for the manufacture of cloth, cordage, and sacking. The development of marijuana in Colombia took place in the mid 1940s during the administration of President Mariano Ospina Perez. The government at this time imported various fibers producing species from different parts of the world in an attempt to improve the postwar textile industry. The imported fiber plant included cannabis sativa (hemp) from Asia, and jute and sisal from Mexico. The Ministry of Agriculture was distributing these plants throughout the countryside of Colombia, and peasants and farmers were encouraged to plant them. During this same period, the consumption of marijuana was beginning to become a problem among the Bohemians in Medellin. As a result of this increasing drug problem, especially among the Bohemian members of the middle and upper class, on March 11, 1946, the Ospina administration passed the nation’s first anti-drug law, Decree No. 896. This law prohibited the cultivation, distribution, and sale of coca and marijuana, and ruled that all local and regional governments had to destroy all coca and marijuana plantatio... ... the drug cartels have a hold over the country, the economy continues to stay stable, even with the illegal drug money. Bibliography Bibliography Belov, D. â€Å"Drug Problems of Colombia,† International Affairs, Vol. 44 (Nov. 1998) pp. 125-129. Boudon, Lawrence. â€Å"Guerillas and the State,† Journal of Latin American Studies, Vol. 28 (May 1996), pp. 279-297. Chepesiak, Ron. â€Å"Narco Paralysis in Colombia,† New Leader, Vol. 80 (Jan. 1997), pp. 6-10. Knoester, Mark. â€Å"War in Colombia,† Social Justice, Vol. 25 (Nov. 1998) pp. 85-109. Maullin, Richard L. Soldiers, Guerillas, and Politics in Colombia (Lexington, Massachusetts, 1973) pp. 84-109. Oquist, Paul. Violence, Conflict, and Politics in Colombia (New York, 1980) pp.108-129. Osterling, Jorge P. Democracy in Colombia: Clientist Politics and Guerilla Warfare (New Brunswick, New Jersey, 1989) pp. 261-300. Posada-Carbo, Eduardo. Colombia: The Politics of Reforming the State (New York, 1998) pp. 111-125. Richani, Nazih. â€Å"War Systems in Colombia,† Journal of Interamerican studies and World Affairs, Vol. 39 (Summer 1997), pp. 37-81. Steiner, Roberto. â€Å"Colombian Income from the Drug Trade,† World Development, Vol. 26 (June 1998), pp. 1013-1031.

Is Monopoly Necessarily Less Efficient Than Perfect Competition?

Is Monopoly necessarily less efficient than Perfect Competition According to SJ Grant’s Introductory Economics, Monopoly is the only sole supplier of the industry. They would not inherit any competitions as well as having no close substitutes. There are many reasons that cause the formation of Monopolists. Barriers to enter or exit discourages new firms to enter the market (patent rights creates a right to sell that product, abnormal profit, predatory pricing, raw material ownership, high fixed cost, government) being a price maker, firms either merge or get taken over by other firms and economies of scale.In Perfect competition, there are many sellers and buyers; there are only homogenous goods and perfect information. They are price takers so no firm charges either below or above the ruling market price. The demand curve is perfectly elastic. In this type of market, there is consumer sovereignty and advertisement could not be used to influence consumer’s demands. Howe ver both of them are opposite extreme forms of the market structure and in the realistic world, they hardly ever occur. An economist would define efficiency as ‘nothing can be made better off without causing the loss of another’.This is also known as Pareto efficiency. Meanwhile it is also when the resources are allocated in the best possible ways at the lowest possible average cost. Figure 1 Some people view Monopoly to be less efficient than perfect competition because they face no direct competition and so they would not work towards the interest of consumers. They would fail to apprehend productive efficiency using techniques and factors of production to produce at the lowest possible average cost per unit, because the cost of production is not a main concern to a Monopolist.They would simply increase price or restrict output. Monopolies are able to do that because they are price makers; even though the setting price is determined by the demand, they are still capab le of restricting output and increase the price. This demonstrated by figure 1 where the price is set against the AR curve rather than the MR. On the contrary, perfect competition means firms compete against each other: cost in this case is one of the main issues. The firms in that market would aim to produce at the lowest average cost because of the profit maximizing point, MR=MC.But in a perfect competitive market, the firms in the long run would only get normal profit so total revenue equals total cost. Figure 2 Monopolists are able to attain abnormal profit in the long run due to barriers to entry or exit. It illustrates that monopolies have market power and the downward sloping demand curve is one of the causes as shown in figure 2. The quantity and price which the monopolist selects is largely dependent on the marginal revenue and marginal cost. But the marginal revenue curve would always be lower than the demand curve.The reason for this can be illustrated by the figure 2; It shows that at any two random points and using the method of working out the total revenue (price X quantity), you would always get a negative gradient curve. Whilst differentiating the curve’s equation, you would always get the curve being below the demand curve. The quantity or price the firm chooses is based on the marginal revenue and marginal cost because, by increasing output, it causes two contrasting effects, price and quantity.The quantity effect is that by producing one more unit and it being sold, it increases the total revenue by the price that it is sold at. But producing more units, it decreases the price of the good and makes total revenue fall: this is the price effect. The price effect means that the marginal revenue will not be constant and so it would be below the demand curve. Consequently price effect would always occur if the monopolist increases quantity. However in a perfect competition, the MR equals AR: the firms being price takers, they can only acc ept the ruling market price.The AR curve is perfectly elastic because of consumer sovereignty. In figure 3, it shows that the firms only aim the price at the market demand; no firms would produce below the ruling market price because in the long run they would be earning a loss and eventually leave the market and in contrast, they would not set it above the market price because no consumers would buy from them when the goods are homogenous and other firms are there. Figure 3 Subsequently, with the MR curve always being below the demand curve, it causes the monopolist produce inefficiently.This is because all firms desires to produce the profit maximizing point, MR=MC and when the monopoly produces at that point, it will always produce at the point that is lower than the efficient level and so monopolies misallocate resources. Hence deadweight loss occurs and this can happen both in the long and short run as there are no competition pressure for them to become allocatively efficient. Allocative efficient is when P=MC where the cost reflects the price. Another point would be that unregulated monopoly can overcharge consumers as well as not allocating resource in a satisfactory manner.In a perfect competition market, firms are able to obtain allocatively efficient in the long run. Firms can misallocate in the short run due to them either earning abnormal profit or a loss but as soon as market competitions enhances firms to earn normal profit and produce efficiently, it becomes allocatively efficient. Barriers to entry prevent this discipline from market competition to happen to a monopolist and so they continue to misallocate resources. Figure 4 The idea of misallocation of resource closely links to the result of deadweight loss.Deadweight loss is the net loss where there is a loss of goods being produced for the price that consumer pay at. For figure 4, it shows that due to the price being charged against the D curve instead of MR=MC, this causes the area of the consumer surplus , when consumer pay less for the good they were willing to pay for, to decrease and the producer surplus, the amount gained from selling a good to increase. This suggests that the monopolist is X-inefficient as consumer loses out, producers gain from it.Furthermore it can be seen that there is an area of deadweight loss formed as well. Not all resources are used in the market. In comparison to perfect competition, figure 3, all the area above P1 is the consumer surplus and there is no deadweight loss, all the quantity produced is reflected towards to consumer demand. However Monopoly being less efficient than perfect competition is not always the case. The ability of economies of scale is a mass production of a good or when goods are distributed through network or grids (i. e. water supply).This makes the cost of production cheaper thus brings the price down. They are called Natural monopoly and they are more technically efficient. In figure 5, Pm from monopoly is lower than the price from smaller firms and more quantity is produced. If these goods are provided by smaller competitive firms, the cost would be greater leading to the goods being more expensive. Figure 5 Monopolies can earn abnormal profits in the long run means that they can use the profit to invest in research and development. This is known as dynamically efficient.They choose to invest for further development because it would make them become more efficient hence maintaining their market position and also to improve their differentiated goods making demand become more inelastic. In reality, Microsoft uses their profit and invests in the development area. They are a well established company and have customer loyalty due to the quality of their goods and the patent rights they impose. In contrast to perfect competition, firms would not be able to invest because they only earn normal profit.However it is not guaranteed that monopolist would make abnormal profit; it is also possib le that they only earn normal. In conclusion, through analyzing the efficiency in productive, allocative, technical and dynamical, monopoly is not necessarily less efficient than perfect competition. Although they can misallocate resources, resulting in deadweight loss, increase price or restrict output in order to gain profit there are other monopolies that are efficient like natural monopolies.One of the main reasons that monopolies produce less than the efficient level is because they lack competition pressure. If the firm is regulated by the government maybe it would act in the best interest of the society. However others may argue that because of the government, the monopoly is being protected by them. While monopolies is not always less efficient than perfect competition, most of the time is it and that is the reason governments regulate monopolies and prevent firms merging together or get taken over by.

General Biological Evolution Example

General Biological Evolution Example General Biological Evolution – Coursework Example General Biological Evolution al Affiliation Evolution and the age of the earth have always been two topics having contentious explanation and neither is too strong to stand without critique. This work will look at biological evolution which has been used to explain the diversity between various organisms and also the relationship between them. The essay will also critique the creation theory which also stands to explain the origin and diversity of organisms. According to biological evolution, organisms had a similar origin. However, over the years the organisms have evolved differently according to what the environment dictates. Adaptation and natural selection ensures that only the best suited organisms are left living while the rest become extinct (Munday, 2008). Variation in various organisms as explained by the biological theory is due to micro and macro evolution. Micro evolution is brought about by four processes which include genetic drift, mutation, natural selection and gen e flow. All these, though happening over large periods of time make the organisms to vary and it can be the source of new species. Macro evolution on the other hand refers to the evolution emanating from the separation of gene pools. This is also significant in explaining biological evolution. Scripture versus Biological EvolutionAccording to John C. Munday who authored Scripture and Biological Evolution, the scripture is against biological evolution by asserting that animals did not die before the fall (1). Animals started dying after man sinned against God. Therefore using this assertion, it is claimed that there was no evolution before the fall. The scripture also uses the creation of Adam and Eve directly into the people they were and not from evolution as a reason to disregard biological evolution. ReferencesMunday, J. C. (2008). Creation, Evolution and Intelligent Design. Munday, J. C. (2008). Scripture and Biological Evolution. Regent University.

pH, pKa, Ka, pKb, and Kb Explained

pH, pKa, Ka, pKb, and Kb Explained There are related scales in chemistry used to measure how acidic or basic a solution is and the strength of acids and bases. Although the pH scale is most familiar, pKa, Ka, pKb, and Kb are common calculations that offer insight into acid-base reactions. Heres an explanation of the terms and how they differ from each other. What Does the p Mean? Whenever you see a p in front of a value, like pH, pKa, and pKb, it means youre dealing with a -log of the value following the p. For example, pKa is the -log of Ka. Because of the way the log function works, a smaller pKa means a larger Ka. pH is the -log of hydrogen ion concentration, and so on. Formulas and Definitions for pH and Equilibrium Constant pH and pOH are related, just as Ka, pKa, Kb, and pKb are. If you know pH, you can calculate pOH. If you know an equilibrium constant, you can calculate the others. About pH pH is a measure of hydrogen ion concentration, [H], in an aqueous (water) solution. The pH scale ranges from 0 to 14. A low pH value indicates acidity, a pH7 is neutral, and a high pH value indicates alkalinity. The pH value can tell you whether youre dealing with an acid or a base, but it offers limited value indicating the true strength of the acid of a base. The formula to calculate pH and pOH are: pH - log [H] pOH - log [OH-] At 25 degrees Celsius: pH pOH 14 Understanding Ka and pKa Ka, pKa, Kb, and pKb are more helpful for predicting whether a species will donate or accept protons at a specific pH value. They describe the degree of ionization of an acid or base and are true indicators of acid or base strength because adding water to a solution will not change the equilibrium constant. Ka and pKa relate to acids, while Kb and pKb deal with bases. Like pH and pOH, these values also account for hydrogen ion or proton concentration (for Ka and pKa) or hydroxide ion concentration (for Kb and pKb). Ka and Kb are related to each other through the ion constant for water, Kw: Kw Ka x Kb Ka is the acid dissociation constant. pKa is simply the -log of this constant. Similarly, Kb is the base dissociation constant, while pKb is the -log of the constant. The acid and base dissociation constants are usually expressed in terms of mole per liter (mol/L). Acids and bases dissociate according to general equations: HA H2O ⇆ A-Â   H3OHB H2O ⇆ B OH- In the formulas, A stands for acid and B for base. Ka [H][A-]/ [HA]pKa - log Kaat half the equivalence point, pH pKa -log Ka A large Ka value indicates a strong acid because it means the acid is largely dissociated into its ions. A Large Ka value also means the formation of products in the reaction is favored. A small Ka value means little of the acid dissociates, so you have a weak acid. The Ka value for most weak acids ranges from 10-2 to 10-14. The pKa gives the same information, just in a different way. The smaller the value of pKa, the stronger the acid. Weak acids have a pKa ranging from 2-14. Understanding Kb and pKb Kb is the base dissociation constant. The base dissociation constant is a measure of how completely a base dissociates into its component ions in water. Kb [B][OH-]/[BOH]pKb -log Kb A large Kb value indicates the high level of dissociation of a strong base. A lower pKb value indicates a stronger base. pKa and pKb are related by the simple relation: pKa pKb 14 What Is pI? Another important point is pI. This is the isoelectric point. It is the pH at which a protein (or another molecule) is electrically neutral (has no net electrical charge).

Youth Within the Juvenile Justice System Research Paper

Youth Within the Juvenile Justice System - Research Paper Example This report stresses that juvenile correction is defined as a part of the juvenile justice continuum that involves safe and temporary custody of juveniles whose alleged behavior is subject to a court jurisdiction and requires an environment that is restricted for community’s and their protection as they await legal action. This paper makes a conclusion that mediation, restoration, and apology can be used with an intention to satisfy the feelings of the victims of committed crimes. Thus, restorative justice that is justified by the benefits they result in is another important way of training juvenile corrections. Adopting the theory of punishment as a way of communicating with the children using punitive measures is another way that juvenile correction is trained. This involves the community, parents and youth correctional officers. the juvenile corrections are confronting with the challenge of space. This has been one very difficult challenge facing both the administrators and the practitioners. In some cases, underestimation of future admissions has always led to overcrowding and inaccessible facilities. The juvenile corrections lack adequate human resource personnel. This has contributed to a rise in recidivism among the juveniles. There is the need for skills training officers, psychiatrists to mana ge anger and mental health problem, vocational training officers, among other technical areas that will address the problem of these young people.

Applications and Development of Catalyst for the Synthesis of Highly Research Proposal

Applications and Development of Catalyst for the Synthesis of Highly Functional Organic Carbonates - Research Proposal Example The negative effects can also be minimized through production of synthetic polymers which are biodegradable or easy to recycle. Carbon as important industrial raw material is predominantly sourced from fossil sources of energy while plastic synthesis accounts for about seven percent of oil usage in the whole world. The future of fossil energy is not promising and as such need for other routes like biorenewable energy sources and biodegradable polymers. The world is also producing around 150M tons of plastic per year, America alone carries the burden of 30M tons which in landfills or get incinerated on our soils per year. This increases need for easy to recycle and biologically degradable polymers; they are valuable as they pose less adverse environmental effects. It is thus important to study progress on development of more environment friendly polymers and more especially those from renewable sources. To protect the environment through development and application of procedures which enable production of more biologically safe polymers and reduce dependence on fossil fuels as the source of industrial carbon. The study requires a lot of chemical reagents such as the catalysts and precursors which require a good budget and thus financial constraints might pose a challenge to the success of the research in wholesomely exploring the topic. It also requires the employment of human resources such as lab assistants which require remuneration and this could contribute to budgetary constraints apart from the fact that some of the catalysts are expensive and not easily available. Coates and Jeske (2009) in Hand of Green Chemistry discuss the evolution of epoxide-CO2 from carbon dioxide and propylene oxide under the catalysis of HÂ ­2O mixed with ZnEt2. This discovery led to a series of other chemical studies on catalysis with eventual fruitful developments inclusion the production of