Greedy Creditors and the Abuse of Consumers Essay -- essays papers

Eager Creditors and the Abuse of Consumers ï » ¿ Society is quickly inclining toward Visas. More buyers like to convey plastic rather than money. Additionally, the benefit of holding a credit extension is advantageous and helpful in today’s world. From lodging reservations and loft rentals, to requesting on the web items, families are depending using a loan as an efficient devise. As the significance of credit takes off, cash hungry lenders are exploiting the public’s dependence on Mastercards. Charge cards are basic for the heightened pace and requests of today’s society. Customers are progressively utilizing Visas to streamline their spending. Likewise, conveying money is more hazardous than conveying charge cards and money is increasingly hard for record keeping. In Fact, Hickey (2000), states that cards are more secure than money and essential for web based shopping. Concerning record keeping, sensibly, 45% of the purchasers feel great with utilizing cards for the reasons for day by day living (â€Å"Using Credit,† 1998). So, on the grounds that most families are busier than they used to be, constrained time requires Mastercard use for exact records and time the executives. Visa organizations are imaginatively manhandling the American purchaser. Robert Heady (1999), establishing distributer of Bank Rate Monitor, battles that loan bosses are making considerable benefits from different out of line rehearses. Strong distinguishes the systems as late charges, over cutoff expenses and wrong record data. For instance, one purchaser expresses that his loan boss cases that it takes thirteen days for the organization to post the installment, bringing about a late charge, however the leaser sends the bill without satisfactory chance to pay thirteen days ahead of time (Heady, 1999).... ...ge Students aren’t prepared for plastic. BusinessWeek Investor [Online] . Accessible: http://access.barry.edu Business Week Online. [2000, September 25] . â€Å"Using Credit† (1998, November). Utilizing Credit Cards for Daily Expenses.(brief article) USA Today [Online] . Accessible: http://www.findarticles.com [1998, Nov.] Exciting, R. K. (1999, July 5) . Some Credit Card Firms Play Dirty Ball. Sun-Sentinel Company [Online] . Accessible: http://access.barry.edu:2061/research/edata.htm Weber, J. and Palmer, A. T. (2000, February, 14) . Money: Consumer Debt: The Perils of Plastic. Vol. 3668, Business Week. P.27 Vickers, M. (1999, March 15) . A Hard Lesson on Student Credit Cards. Businessweek Online [Online] . Accessible: http://access.barry.edu:2150/search/search.htm Koretz, G. (2000, January 10) . Plastic Puts the Door at Risk. Financial Trends vol. 3663. P.36.

The Palestinian - Israeli Conflict free essay sample

A verifiable summation of the geological area concerned, following the contention from its inceptions to the present. A recorded outline of the topographical locale concerned, following the contention from its sources to the present. It takes a gander at the improvement of the contention from the two sides, concentrating on the significant pretended by social and strict contrasts. We will compose a custom exposition test on The Palestinian Israeli Conflict or then again any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page In the midst of the unlimited reams of paper and the countless long periods of TV inclusion which have been given to the emergency in the Middle East, there exists no target or all around concurred clarification of the causes, yet the impacts and enduring are very much obvious to all. With the two sides, inside the contention, seeking after their own particular individual and political plans, it is vain to endeavor to filter through the profoundly modern, and frequently persuading, publicity that is discharged toward the West regularly. This paper, along these lines, will fight the temptation to enjoy emotional examination and assessment of the circumstance, and will focus on giving a concise diagram of the topographical and authentic elements which have added to the proceeding with struggle between the Palestinians and the Israelis, including the significant pretended by social and strict contrasts.

Disadvantages of Social Media Essay Samples

Disadvantages of Social Media Essay SamplesThe advantages of social media essay samples are that they are provided by professors and professionals who have read through the written work of other students. Therefore, if the student is struggling with a paper, the instructor will know that it is not that easy to write an essay. It will be much easier for him to tell the student that social media can help students achieve their goals.Students need to read the advantages of social media essay samples with respect to the kind of feedback that is possible. The teacher is still active in his or her classroom. The student can make the most of this opportunity to engage in conversation with his or her professor.The students should also realize that while the teacher is still a student, he or she has the time to spend with the students. Therefore, the student can express their fears about writing a paper as well as their excitement about engaging in social media.Students should also try to com municate their views using interesting subjects. The professor will appreciate this effort on the part of the student. Moreover, the student will get a chance to put forward the best of the student. The professor will be interested in learning what the student is trying to say.Students can also find out more about the student's research background as well as his or her performance in school. The professor will consider these things when giving the assignment. For example, he or she may want to know the student's writing style and if he or she is likely to succeed at writing a paper.Students can try to make it easier for the professor. If they know about the student's writing abilities, they can ask the student to make a presentation of some essays so that the professor can judge their potential for success in writing a paper.The disadvantages of social media essay samples are that they are only a sample of the best that can be achieved. There is no guarantee that the student will ac hieve the results described. Therefore, the professor must still exert effort to make sure that the student succeeds.The advantages of social media essay samples should encourage students to engage in conversations with their professors. In the process, the students will also learn how to gauge the value of a good essay. It is not possible to predict whether the student will be able to write a good paper.

Effects Of Chemical Leakage On Humans And The Environment

Impact of Chemical Leakage on Humans and the Environment Industries today produce a tremendous amount of hazardous chemicals in the production of goods or services that people use in everyday activities. Therefore, when companies use chemicals, one must prepare for situations such as chemical spills or leaks because no matter what one does, sooner or later, a spill may occur (â€Å"Chemical Spill Control†). When a spill or leak occurs, not all of the chemicals are safe for society and the living beings in the environment. One of our nation’s most valuable resources is clean water. Clean water is vital to both humans and animals. Due to the hazards associated with chemical spills, stronger action should be taken to prevent the amount of†¦show more content†¦Thus dispersants are not truly the answer, they are more or less a fix to one problem and the start of another. If industries knew there were strong penalties they would have to face if there were a leak or spill they would keep a closer eye on equipment and these dispersants wouldn’t be needed. Toxic chemicals can harm the environment, but one of its major impacts is the destruction to habitat of animals. Acid rain created by industries who have chemical leaks and pollution washes calcium from the soil, eutrophication also occurs changing the water quality and species composition of lakes and ponds (â€Å"All About Birds†). When an oil spill occurred in the Gulf of Mexico, there was â€Å"extensive mortality in mangroves, sea grasses, coral reefs, and algae†(â€Å"Endangered Species†). Agriculture is also a threat to animal habitats. As fertilizers, pesticides, and herbicides are put on the crops, they leak into the waterways, which are then diverted to irrigate crops as well as contaminated wetlands being filled into provide farmland (â€Å"Challenges Facing†). Chemical pollution is poisoning all forms of life, and these pollutants are being released by industries, construction, as w ell as several other sources, and these chemical pollutants lead to chemical imbalances in the environment ultimately killing habitats (â€Å"What Threatens†). Furthermore, since the loss of habitat puts animals in danger, this is a very serious matter. Industries leaking chemicals nearShow MoreRelatedThe Waste Of Waste Management Centres1663 Words   |  7 Pageslakes, rivers, alley ways, backyards and parks creating what are known as garbage towns. This would introduce health risks to individuals and the community as a whole. These risks could also include exposure to dangerous chemicals that poses detrimental effects on the environment. To avoid this from happening governments have created landfills. Landfills are a â€Å"place to dispose of refuse and other waste material by burying it and covering it over with soil, especially as a method of filling in orRead MoreEffects Of Mining On The Environment1133 Words   |  5 PagesEffects of Mining Yu Bo Introduction The effects of mining to the environment include formation of sinkholes, erosion and sedimentation, groundwater, loss of biodiversity or habitat modification, soil contamination, surface water by mining chemicals, acid mine drainage creation, fugitive dust emissions, release of cyanide and other chemicals (International Atomic Energy Agency 2005). At times, additional forest cataloguing takes place in the surrounding area of mines so as to enlarge the room availableRead MoreCoal Seam Gas : Coal Gas Essay1162 Words   |  5 Pagesfor humans if inhaled excessively. (4) Nitrogen dioxide is formed when nitrogen is burned or when the air reacts with oxygen at extremely high temperatures, it has negative health implications on humans and if it reacts in the air can form ozone or acid rain. Carbon dioxide is considered a greenhouse gas that is also made when fossil fuels are burnt, greenhouse gases are named such as they trap heat from the sun heating up the planet. Coal Seam Gas does howe ver lead the risk of methane leakage, methaneRead MoreThe Effects Of Pollution On The Environment And Ecosystem968 Words   |  4 Pagesharmful or poisonous effects of a substance into the environment. It disrupts the balance of people’s lifestyle when they are contaminate. Pollution balance in the environment and ecosystem. The environment is in the process of becoming unsafe or unsuitable to use. Pollution can come in many different form, such as air, water, soil can have pollutant that can wreak havoc on the environment. Pollution can be a form of anything and cause so much harm. It can take the form of chemical substances or energyRead MoreThe Sources Of Fossil Fuels1428 Words   |  6 Pagesthe action of heat and pressure of the plant and animal remains from over millions of years ago. Petroleum forms through the buildup, deposition, and transformation of organic material, it’s like what is left of the plants and animals, and by the chemical reactions over long periods of time. After the petroleum has been produced, it drifts upward through the earth, flowing out on the surface of the earth if it is not trapped below the surface. Petroleum accumulates when it soaks into a porous rockRead MoreEnvironmental Effects Of Water Pollution1128 Words   |  5 Pageshistory humans have been polluting this earth without even knowing it; so far managing to dump over five trillion pieces of trash into the oceans, which is almost three hundred thousand tons of garbage. This harmful act is creating hazardous effects on the environment, killing over fourteen million birds, and one hundred thousand sea mammals. The environment is coming back for revenge on humans by contaminating drinking water. The quality of drinking water is getting significantly worse for humans comparedRead MoreLab Report : Chemical Synthesized Nanoparticles1302 Words   |  6 PagesV. Discussion Chemical synthesized nanoparticles raises certain toxicity issues that lead to development of eco-friendly methods to synthesize silver nanoparticles. Green synthesis of silver nanoparticles using plant extract is eco-friendly nanoparticle synthesis approaches (13). This is one step reaction as reducing and stabilization agents both are present in the plant extract. Silver nitrate and extract when mixed together forms light yellow coloured solution in starting that turns into darkRead MoreOil Spill Case Study1519 Words   |  7 Pagespetrochemicals he receives by pipeline. Sometime during the 1950s, when operations were more lax, a loss of one of the process chemicals was discovered when the books were audited. There were apparently 10,000 gallons of the chemical missing. After running pressure tests on the pipelines, the plant manager found that one of the pipes had corroded and had been leaking the chemical into the ground. After stopping the leak, the company sank observation and sampling wells and found that the product was sittingRead MoreSouth Sudan And The Civil Conflict1735 Words   |  7 Pageshave an abundance of oil available which leads to 98% of their exports being oil. Overall, South Sudan is a new country that has both struggles and strengths. Our goal is to improve pipelines which will help in every aspect including economy and environment. (Suvas) South Sudan is currently facing many problems. Its economic problem is of utmost importance because its economy is performing very poorly. The main cause for its recessive economy is oil. Firstly, South Sudan only profits fifty percentRead MoreThe Bhopal Tragedy23347 Words   |  94 Pagesthe nation. At 1970s, the public health infrastructure, sewage and waste system in Bhopal are still in very poor condition . Besides, mass casualty emergency response system also lacking in Bhopal. Union Carbide Corporation is one of the largest chemical and polymer companies in the united state. In 1984, Union Carbide operated in 37 host country as well as in its home country, ranking 35th in size among United State . The history of the company in India goes back much further that, to the early

America Must Eliminate Standardized Tests and Reduce Homework

The world of a student is a very complicated place with either two options: a relaxed childhood filled with quality learning and experimenting, or one that is so demanding and exhausting that students cannot handle it anymore. Presently, the deciding factor for which path students will travel is the conditions and environment provided to students by the previous generation. For example, Finland is one of the most successful countries in creating proper educational settings for students to excel when it comes to world competition. The policies created by Finland’s government and its authorities are more than suitable to extract the most potential out of students without the negative side effects. Finnish students receive the†¦show more content†¦If Finland is so highly ranked, then there must be something that they are doing both differently and correctly. School-related stress has its roots in many different places. On a national scale, surveys and research have in fa ct confirmed that â€Å"school-related pressures were the primary source of stress for the majority of younger and older children† (qtd. in Blazer 2). Not long ago, kindergartens were places for children to play and learn basics, like the alphabet, but now all of it has changed to teaching kids about test taking, doing reading/writing exercises, and even homework (Blazer 4). In an article titled, â€Å"Success with Less Stress,† Jerusha Conner, an Assistant Professor of Education at Villanova University, and his partners conducted a study to find what students say about the causes of school stress. The research revealed that standardized tests, large assignments, and college admissions were very frequent answers. Exceeding competition has also caused stress among students because they feel the need to build the best rà ©sumà ©, and this leads to over-scheduled days (Redding). The modernization of the Collin’s theory states that, â€Å"the ‘overschedul ing hypothesis’ embodies a more recent belief that it is the volume of activities that provides a boost in the application process and that students needShow MoreRelatedStandardized Testing Is Not Beneficial1702 Words   |  7 PagesStandardized Testing In the world today standardized testing is mandatory in all schools whether they are public or private. If schools continue to make these test mandatory, students grades will show the reflection of what they are not learning. The school might also receive less state funding due to poor performance on these tests. Once No Child Left Behind Act (NCLB) was introduced US students slipped from 18th in the world in math in 2000 to 31st in 2009 (Standardized). Standardized testingRead MoreEssay on Summary of Ornstein6963 Words   |  28 Pagesto curriculum, and seemingly limitless foundational boundaries, but there are at least five different definitions of curriculum. And one of them, subject matter at different grade levels, which is used more than any other in the public schools in America, is not advocated by any curricular experts! There are debates on how to outline the basic domains of the field. While Allan Ornstein and Francis Hunkins say that the numerous definitions of curriculum are not necessarily a bad thing,, I wouldRead MoreHigh School Student Essay20272 Words   |  82 Pagesabout the countries’ history, geography, and cultures in their projects.The class had already prepared a large world map with pins marking the students’ countries of origin.While several of the pins were clustered in Mexico and Central and South America, the map showed that students also came from many other parts of the world. Each student was encouraged to invite a family member to come and share a part of the family’s native culture. The parents could bring food, music, and native dress from theirRead MoreMotivators That Do Not Motivate: The Case of Chinese EFL Learners and the Influence of Culture on Motivation8163 Words   |  33 PagesEnglish, people have very little incentive to access such input. This is certainly the case of native Chinese speakers in Taiwan, where children typically end the school day only to enter cram schools, returning home at night to complete hours of homework. As governments race to prepare children for their future roles in the global economy, subsidiaries of global firms efficiently supply global media in localized forms. Across the Greater China region, residents can read Harry Potter books orRead More_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 Pagespermission to use material from this text or product, submit a request online at http://www.thomsonrights.com. Any additional questions about permissions can be submitted by e-mail to thomsonrights@thomson.com. Printed in the United States of America 1 2 3 4 5 6 7 11 10 09 08 07 ExamView  ® and ExamView Pro  ® are registered trademarks of FSCreations, Inc. Windows is a registered trademark of the Microsoft Corporation used herein under license. Macintosh and Power Macintosh are registered trademarksRead MoreFundamentals of Hrm263904 Words   |  1056 Pagescom/go/permissions. To order books or for customer service please, call 1-800-CALL WILEY (225-5945). DeCenzo, David A, Robbins, Stephen P. Fundamentals of Human Resource Management—10th ed. ISBN-13 978-0470-16968-1 Printed in the United States of America 10 9 8 7 6 5 4 3 2 1 Brief Contents PA RT 1 Chapter 1 Chapter 2 UNDERSTANDING HRM The Dynamic Environment of HRM 2 Fundamentals of Strategic HRM 28 PART 2 Chapter 3 Chapter 4 THE LEGAL AND ETHICAL CONTEXT OF HRM Equal EmploymentRead MoreInternational Management67196 Words   |  269 PagesLuthans University of Nebraska–Lincoln Jonathan P. Doh Villanova University INTERNATIONAL MANAGEMENT: CULTURE, STRATEGY, AND BEHAVIOR, EIGHTH EDITION Published by McGraw-Hill, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright  © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Previous editions  © 2009, 2006, and 2003. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a databaseRead MoreToyota Supply Chain78751 Words   |  316 Pageslearn the true secret of Toyota’s operational excellence, this book is a must-read. In addition, while learning about Toyota’s supply chain management, we also are given a journey of sound supply chain management in general. In my personal research, I have come across Toyota’s supply chain management practices and have been very impressed by how thorough and innovative the company has been since its inception in the 1930s. I must congratulate the authors of this book, as they ha ve done the most comprehensiveRead MoreLogical Reasoning189930 Words   |  760 PagesDowden is licensed under a Creative Commons AttributionNonCommercial-NoDerivs 3.0 Unported License. That is, you are free to share, copy, distribute, store, and transmit all or any part of the work under the following conditions: (1) Attribution You must attribute the work in the manner specified by the author, namely by citing his name, the book title, and the relevant page numbers (but not in any way that suggests that the book Logical Reasoning or its author endorse you or your use of the work)Read MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesreproduced, with permission, in this textbook appear on the appropriate page within text. Copyright  © 2013, 2011, 2009, 2007, 2005 by Pearson Education, Inc., publishing as Prentice Hall. All rights reserved. Manufactured in the United States of America. This publication is protected by Copyright, and permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying

Plagiarism Essay - 775 Words

What is Plagiarism? Plagiarism is, in simple terms stealing someone else’s work without giving credit. It is a crime to commit and if you were to do it in college or even high school, you could lose all credit on the paper or project and, in extreme cases, be taken to court. In the paper, you will hopefully learn more about plagiarism, how to avoid it, and learn some real life scenarios of plagiarism happening. Plagiarism is unacceptable and is something that the student body needs to be informed about. Plagiarism, â€Å" is an act of fraud. It involves both stealing someone elses work and lying about it afterward† (plagiarism.org). Most commonly seen in high school is simply copying and pasting a sentence or paragraph into a paper and not†¦show more content†¦Ã¢â‚¬Å"A writer who plagiarizes is no writer† (Carnett). The way to cite someone’s work and prove that this is not your own idea is to use either MLA or APA. It is vital to know when to use which and make sure that you use it properly. MLA is the preferred method of citation when citing an article found online or in printed works, citing information you got off of a website, or basically any published works that has to do with the common English language. APA is the technically formal way to cite an official journal or book, most people use this style when using citations for health related things such as researching a disease and using a doctor’s published work. Most times, the teacher or professor will request which citation they want you to use. One problem that we are facing today is that there are so many different places where someone can get information such as YouTube videos, social media, or other sources. As Colleen Flaherty said in her article â€Å"Streamlining Citations† in Inside Higher Ed â€Å"The process of developing and disseminating all of these citation formats runs the risk of creating a map that is larger and more complex than the terrain through which it attempts to guide writers and readers. And this is the point at which academic writers understandably begin to grumble about citations being outdated and unnecessary anyhow.† There should be a simpler way to cite a source. If there was a way, maybe people would be willing to give creditShow MoreRelated Plagiarism Essay1731 Words   |  7 PagesPlagiarism missing works cited Plagiarism is a distinguished sounding word. One would almost think that it sounds like some lofty philosophical ideal named for the great Greek teacher Plagiarus, something to be aspired to. This is not so. Plagiarism is in fact a moral misdemeanor, and an academic felony. By definition, plagiarism is a piece of writing that has been copied from someone else and is presented as being your own work. Socrates, Plato and Aristotle would have frowned on such a practiceRead MorePlagiarism Essay1649 Words   |  7 PagesI think there was far more plagiarism in the last century. It was almost an accepted part of writing. The ethics of writing has changed. Nobody gets upset about whether Shakespeare plagiarized something. But I think the standards have to be pretty high now, particularly for non-fiction writers. [1] Introduction to Plagiarism According to most leading authorities, including The Office of Research Integrity, plagiarism includes both the theft or misrepresentation of intellectual property and theRead More The Problem of Plagiarism Essay1729 Words   |  7 Pagesresearching topics and sharing ideas, these same students are faced with the temptation to simply copy and paste information as they find it. Instances of plagiarism are on the rise, yet teachers are in a position where they cannot discontinue this type of assessment. Therefore, teachers face the question: How can we stop the rise of plagiarism among students? Input Since teachers have given assessments of any kind, students have attempted to find ways to cheat. Whether they were looking at anotherRead More Plagiarism On The Increase Essay1236 Words   |  5 Pages Plagiarism seems to be an increasing problem in todays society, especially on college and university campuses, with the immense resources presently available to people. Previously, individuals were restricted to finding information in resources such as books, magazines, journals, encyclopedias and newspapers, but with the technology and the growth and popularity of the Internet, plagiarism has truly become an issue. There seems to be a direct correlation with the increasing use of the InternetRead MoreOvercoming Plagiarism Essay1247 Words   |  5 Pages Plagiarism is an ever-increasing problem throughout the world today, as the internet, along with technology such as Iphones and Tablets, has made accessing another person’s useful work as easy as typing a few words into a search bar. Pirating that work is then a simple matter of â€Å"cutting and pasting†. Similarly, advanced word processors have provided a stress-free way of integrating another’s writin g into one’s own, or editing a plagiarized work so that it is more difficult to detect. HoweverRead MoreEssay on Plagiarism1301 Words   |  6 Pagescode of conduct at Clarion University plagiarism is â€Å"the use of anothers words without attribution and without enclosing the words in quotation marks. Plagiarism may also be defined as the act of taking the ideas or expressions of ideas of another person and representing them as ones own--even if the original paper has been paraphrased or otherwise modified.† (â€Å"Department of Nursing† ) A lot of people, including myself have been confused of what plagiarism really means. Through my research I foundRead More Internet Plagiarism Essay1563 Words   |  7 PagesInternet Plagiarism Plagiarism used to be easy to catch. It always took real work for a student to try to pass off someone else’s work as his or her own. Different sources of plagiarizing included copying texts from the library and buying old papers off of other students. There were not many resources to choose from where a student’s topic was contained. That has now changed. There is a little thing called the Internet. It has revolutionized the plagiarism world and made it a little more difficultRead MoreEssay On Plagiarism1754 Words   |  8 PagesPlagiarism Many people plagiarize their papers without meaning to. What exactly is plagiarism? Plagiarism is using someone else’s thoughts and ideas as your own and not properly citing them--or not giving the original author credit at all. In this case, we are going to focus on research papers. How do you write a research paper and if you have to use specific sources, how do you properly cite them? In this research paper, I will discuss the following: What is plagiarism? How do you avoid it? HowRead MoreEssay on The Internet and Plagiarism1042 Words   |  5 PagesThe Internet and Plagiarism The World Wide Web is larger than any one person can imagine. There are an infinite amount of links to libraries and other sources of information. There are numerous search engines, such as Yahoo, which make researching really easy. We can find anything that we want on line, because there are no boundaries to our explorations, and there are no laws to stop us. You can find anything from socks to guns. People can even find completed research papers online; theyRead More Plagiarism Essay1189 Words   |  5 PagesPlagiarism For many, many years schools have been trying to stop students from plagiarizing materials. Detecting this plagiarism used to be easy because students only had access to books in the library, magazines, and encyclopedias. However, as the popularity of the Internet increased, so did the number of essays and papers being plagiarized. Students can easily go onto the internet and in no time at all find and essay on their topic of choice. For a certain fee they can buy the essay and

The Elasticity of Demand-Free-Samples for Students-Myassignment

Questions: 1.Explain the Concept of the Price elasticity of demand and provide examples where understanding the nature of the price elasticity of demand has been important in the decision making of a firm. 2.Explain the Concepts of Comparative advantage and absolute advantage and provide examples of situations in which countries have ignored the Principle of Comparative advantage to their cost. Answers: 1.Introduction The elasticity of demand is one of the key important concepts in economics and plays significant role in the decision making of firm. Price elasticity of demand capture changes in the demand with respect to the price both expressed in the percentage term. The discussion focuses on the price elasticity of demand and its influence on firms decision. Analysis Demand elasticity reflects the responsiveness of demand with respect to prices. The degree of changes in demand is not same for all goods. Demand changes not only in response to its own price but also for changes in the related products such as complement or substitute goods. When demand changes in response to own price then it is known as own price elasticity (Nicholson Snyder, 2014). When demand responses to its related product then it is known as cross price elasticity. For firms it is important to know the degree demand responsiveness. Revenue of firm depends on both price and quantity sold. Therefore, whether increase or decrease in price is beneficial for a firm depends on the elasticity of the commodity. For elastic demand reduction a low price is beneficial while for inelastic demand price increase raises firms revenue (Imbs Mejean, 2015). Using this principle monopolist determines their discrimination strategy. In the inelastic market a high price is charged and in elastic market a low price is charged. Conclusion The discussion shows demand elasticity is crucial for firms pricing decision. The concept is applied for price discrimination behaviour of the monopolist. Whether to charge a low price or high price that depend on the price elasticity. 2.Introduction Absolute and comparative advantages are two fundamental theories of international trade. Absolute advantage based on absolute cost of producing goods. The concept of opportunity cost is involved in determining comparative advantage. These two theories are discussed and country specific example is given to identify situation where comparative advantage is avoided. Analysis No countries are self sufficient. Goods and services are exchanged between countries to meet demand. Countries specialized in goods n which they have absolute or comparative advantage. Absolute advantage is defined when one country using the same amount of factor input can produce more goods than its trading partner (Caselli et al., 2015). Then the country specializes in production of this good and exports it. While the country imports the goods in which the trading partner enjoys an absolute advantage. When specialization cannot be identified with absolute advantage then the theory of comparative advantage is used. A country is said to have comparative advantage when it is able to produce one good at a lower opportunity cost than other. One country may have absolute advantage in both goods and this makes application of absolute advantage limited. However, comparative advantage clearly determines specialization. Countries do not always use their comparative advantage. There are situation where countries ignore such advantage. One such country is Japan. Despite having comparative advantage in technical commodities Japan adapts protectionism policy (Ito et al., 2015). The policy believes to bring success for Japanese economy and hence avoid comparative advantage. Conclusion Theories of absolute and comparative advantage are two primary trade theories. Japan shows an exception where country ignores its comparative advantage. References Caselli, F., Koren, M., Lisicky, M., Tenreyro, S. (2015).Diversification through trade(No. w21498). National Bureau of Economic Research. Imbs, J., Mejean, I. (2015). Elasticity optimism.American Economic Journal: Macroeconomics,7(3), 43-83. Ito, B., Mukunoki, H., Tomiura, E., Wakasugi, R. (2015).Trade policy preferences and cross-regional differences: Evidence from individual-level data of Japan. RIETI Discussion Paper Series 15-E-003. Research Institute of Economy, Trade and Industry. Nicholson, W., Snyder, C. M. (2014).Intermediate microeconomics and its application. Cengage Learning.