Economics Markets Essay Example for Free

Economics Markets Essay The most probable result if the minimum wage for teenage workers in Australia will increase is that the employment rate will decrease. The effects on employment on the workers on the increase in the minimum wage of teenage workers will lose their job. This is because employers must retain their profit. Increasing the minimum wage of the workers will result into decrease profit of the company, thus employers will lessen their employers also decreasing their labor costs to retain their profit (Kennan 2007). Take for example a company that aims to maximize its profit. Currently, the companys labor force is n and the minimum wages for its employer is w. Consider a case when the company increases the minimum wage to W with no changes to other factor like profit. If this happens, the profit will decrease because of n*(W-w). The only way to regain the losses of the company that is brought by the increase in the minimum wage is to lessen its labor force n to compensate the losses. Drastic change will occur on the employment of teenage workers in Australia because employers will consider first the adult or the professionals. Companies that need personnel with expertise on the said company will be hired first because these professional are more equipped in producing profit for the company. The figure below illustrates how employment is being affected by the increase in the rate of wage of the labors. As the wage increase, so also the gap thus increasing the rate of unemployment (David Tuerck and Paul Bachman 2005). There are other possible outcomes when minimum wage rate will increase among teenage workers in Australia. Though many employee will be attracted on the high wage rate in Australia, there is a big possibility that companies will go to other places where there is low wage rate. Most companies now are finding their personnel on places where there is a low wage rate. This is to lessen other expenses incurred by the companies (Haussamen 2007).

The Ex Basketball Player by John Updike Essay examples -- English Lite

The Ex Basketball Player by John Updike A Loss of Motivation In English Seven we read a poem called the "Ex Basketball Player" by John Updike. The main character's name was Flick Webb. The poem explains how Flick lost motivation. In high school Flick was an excellent basketball player, if not, the best. After high school Flick didn't continue his basketball skills, and he never had tried as hard on his academics as he did on basketball. Flick now works at Berth's Garage and has a dead end life. I think that Flick gave up because he didn't want to work at something that didn't come easily, such as academics. I enjoyed this poem because it makes you think, I will now tell of a time when I lost motivation. In fourth grade I took gymnastics. I really like it, and had a lot of fun. The problem was that after a while my teacher didn't seem to teach us many new tricks. On top of that, they were ready to move to a new building. This building had a low ceiling, so I couldn't do the uneven bars. The uneven bars happened to be my favorite event, so I decided to quit. ..

Impact of Social Networking over the Society Essay

Over the past few years, internet has revolutionized the way we interact with people within a society. Due to the staggering number of cell phone usurers with the facility of internet, we are able to communicate with others in new ways with more efficiency. In the same time these fancy ways of communication put ourselves in a deceiving place where it can be very harmful for our self without we being noticed it. In this article summary I mentioned what scientist speculate as negative impacts of social networking on the society. It includes how our brains assimilate to highly addictive social sites, how we compromise our security over theses websites as well as changes of our normal behaviors due to theses web sites. According to † Is Social Networking Killing You? † by Robert Mackey, In The New York Times on February 25, 2009, Susan Greenfield, a professor of pharmacology at Oxford university and the director of the Royal Institution of Great Britain, stated on a British newspaper that trend of social networking reminds her of † small babies need constant reassurance that they exists.† Been as a neuroscientist she concerns about the effects that this type of stimulations having on the brain. These technologies are driving the brain to state of a small child where buzzing noises and bright lights are a huge attraction. She expressed due to the great influence of high interaction rates with social networking sites as well as digital video games could be harmful to children’s mind. When a young brain is exposed to such conditions the brain itself starts to accustom to the influenced surroundings. For an example, social interactions conducted through screens are completely different from the real time spoken conversation. There for it is far less perilous. Even though it may not seem as an extreme issue, biologists have uncovered lack of face to face interaction could alter the way our genes work, upset immune responses, hormone levels, the function of arteries, and influence mental performance. It is not only posing health issues. It also jeopardize the personal privacy of certain individuals. Consumers of these websites think their privacy has been ensured by the high level of security settings but according to 2010 Northeastern University and Max Plank institute for software system study researchers created an algorithm to discover an individual’s personal attributes by examining the â€Å"Friends list on Facebook. † they were capable of inferring many personal traits of the certain individuals including their educational level, hometown who were chosen to conduct this experiment on. Further more BBC News reports that social networking sites create social isolation in to a certain extend over the internet. As people spend considerable time on social networking sites they are lead to a host of mental, psychological, emotional and physical problems including depression, anxiety, and somatic complaints. University of Illinois at Chicago school of Medicine animal study showed correlation between social isolation impaired brain hormones is more likely to conduct tremendous amount of stress, aggression, and mental issues on socially isolated people. Moreover there are some other aspects which can be considered as negative impacts of social networking on the society. Some people conclude by exposing to these sites more often would make youngsters with poor grammar usage, increase the risk of identity theft, decrease the productivity of the day, and provide a platform for cyber bulling which in some cases leads to suicidal behaviors. Work cited Mackey,Robert., (2009, February 24). The New York Times. Retrieved from http://thelede.blogs.nytimes.com/2009/02/24/is-social-networking-killing-you/

CaseStudy1 - 1558 Words

Angela Idowu 4/29/2015 BIOL242 4 pages Pg.1 Case Study #1 The Hot Tub Mystery Part 1. 1. What Observations did the Paramedics make? The paramedics noticed the empty wine bottles outside of the hot tub as well as the temperature of the water was hotter than they thought it should be. 2. List the questions raised about this situation or that you think that the investigators should ask of the maid. Questions for maid: â€Å"were you here last night?† â€Å"There were empty wine bottles found around the tub, that you know of, did Mr. and Mrs. Underhill have a history of drinking and using the hot tub simultaneously?† â€Å"Have either of them been acting strange or have had any abnormal behavior?† Are you aware of any health issues or medications that†¦show more content†¦Excessive alcohol use can also weaken the heart muscle and cause blood flow changes, and even a condition called cardiomyopathy. The pancreas can also be effected by alcohol consumption and secrete enzymes internally instead of sending them to the small intestine. This will cause inflammation (pancreatitis). Kidneys are effected by alcohol consumption in that when heavy amounts are consumed, the kidneys increase their urine output and are so busy ridding the body of the excess fluids that it cannot regulate the distribution of sodium, potassium and Chloride ions. 5. How fast is alcohol metabolized? The body can metabolize alcohol at the rate of .015 of bac every hour. Or about an ounce of liquor an hour (1 regular drink) Pg. 3 6. What are the effects of a .20 BAL on a 160lb man and on a 120lb woman? Women have a different physiology than men. However .20 BAC is .20 in either men or women. Now the AMOUNT of drinks taken to get to that point would be more or less depending upon the weight gender of the individual. A 160lb man would have to consume more (double the number) drinks than a 120lb woman in order to maintain an equal BAC as her. Now the physiology of a woman is different in that women tend to be less hydrated than men and weigh less. As she consumes alcohol she will be effected quicker as well as not need to drink as much. A normal 160 lb man in general is more hydrated and doesn’t react or process the alcohol as quickly. ThusShow MoreRelated Describing Phantom Limb Experience Essay868 Words   |  4 Pagesedu/~psych/whathap/UBNRP/Phantom/merzenich.html 6) http://www.macalester.edu/~psych/whathap/UBNRP/Phantom/Ramachandran.html 7) http://www.macalester.edu/~psych/whathap/UBNRP/Phantom/pon.html 8) http://www.macalester.edu/~psych/whathap/UBNRP/Phantom/casestudy1.html 9) http://www.macalester.edu/~psych/whathap/UBNRP/Phantom/casestudy2.html 10)http://www.macalester.edu/~psych/whathap/UBNRP/Phantom/casestudy3.html 11)http://www.macalester.edu/~psych/whathap/UBNRP/Phantom/casestudy4.html 12)http://wwwRead More HW2 Case Studies Classic Executive V2 4 Essay6307 Words   |  26 Pagesstrategy (new products to new customer or existing products to new customers) What will be the main Business Processes (list 10) What will be the most critical Business Processes (list 3) What will be your IT strategy Matrix for this company CASESTUDY1. Can GE Remake Itself as a Digital Firm? General Electric (GE) is the worlds largest diversified manufacturer. Fortune named GE Americas Most Admired Company in 1998, 1999, and 2000. Jack Welch, GEs CEO and chairman since 1981, is often cited