Mircroeconomics ( AT&T and T-mobile merger) Essay

Mircroeconomics ( AT&T and T-mobile merger) - Essay Example On the other hand, this implies a reduction in congestion and therefore a possibility of better signal quality and service for the customer base. AT&T consumer's who have been suffering worsened quality because of the heavy data-demands of the iPhones launched in 2007, may expect better quality service because the integrated network will have a substantially better carrying capacity. Service quality is thus likely to improve for iPhone users as well. Rivals, given such improvements are likely to push forward on the same dimensions and improvements in overall signal quality and service provision could be expected. The major groups concerned with the merger, apart from the company owners and employees are the customers, the rivals and the providers in the supply chain for these companies and their rivals as well. In the present paper, we examine what are the expected effects of this merger on related groups of consumers, competitors, and last but not the least, the suppliers. The rest of the essay is organized as follows: in the next section we look at the expected impact on consumers, particularly in terms of prices, signal quality and coverage. ... ven the small number of competitors present in the market and the observed strategic interdependence between them, we are looking at an oligopoly market. Collusion between rivals in such a market has substantial impacts on the characteristics of the market. On one hand such collusion leads to a reduction in the number of firms and thus the market deviates away from competition even more. Therefore, this increasing distance of the market from a perfectly competitive market implies a number of welfare reducing aspects. First and foremost, a fewer number of firms implies an increased market power and thus greater control over prices. Prices are likely to increase and so that will lead to a fall in consumers' surplus. There are reductions in productive and distributive efficiency as well (Varian, 1992). However, there are certain benefits that accrue to enhancement of welfare as well. For instance, the excess capacity that causes productive inefficiency also implies resources that can be utilized for innovations. Particularly, as pointed out by Schumpeter (cited in Solow, 2007), there cannot be privately motivated innovations or R&D activities unless industries earn positive profits. Therefore, for overall economic growth and progress, some degree of market power is crucial. Additionally, the enhancement of capacities is likely to yield scale benefits and increased efficiency as well. This allows merged firms to reduce prices without reducing profitability. In the present context therefore, the proposed merger has twin effects on the customers. Before the merger, AT&T's network is highly congested and customer's complain regularly about poor signal quality. The merger is likely to solve these problems since T-mobile's network is not nearly as congested and the total number

Consideration in English Law is Required in Every Contract Essay

Consideration in English Law is Required in Every Contract - Essay Example This essay will look into English law of contracts in relation to consideration. Overview Consideration can be described as the price to which a promise is given in return for something else. In most cases, promises need not to be in terms of money but in many other forms. According to the law of English contracts, if an agreement or a promise is not supported by consideration then it is considered nudum pactum (a bare promise) and it is not enforceable by law. The English contracts laws have traditionally had the clause of consideration for the contract to be accepted as. For instance, in large or valuable transactions, the law requires that all parties bring something of value â€Å"consideration† for a contract to be legally binding. This law of consideration was designed to ensure that all parties are given fair treatments or equal standing in the formation of contracts (Jenks, 2010). This clause is important especially in cases where issues arise after the formation of a contract. Consideration law can be used is solving changes to the contract law in cases such as in debugging the equitable doctrine of promissory estoppels. This is the case whereby earlier terms or agreements cannot be enforced in the solution of cases. Consideration is regarded as an agreement that had the intentions of the terms to be legally binding. Consideration can be anything that is sufficient in that it can be weighted and decided to have economic value (Cruz, 2008). English courts make use of consideration in deciding whether promises or contracts are legal or enforceable. A consideration cannot be drawn in the past unless there are express terms of a request by either of the parties. Several cases have presented difficult situations for solution of cases such as part payment of debts or undertaking duties currently obligated. This was evident in the case of Williams vs. Roffey where the court decided that the contract was legal since the duties undertaken by Williams wen t beyond his legally obligated duties (Chitty, 2006). Considerations are important in English law in that they are used in making sure that the terms of the contract can be enforceable. This is especially true in cases or contracts that are supposed to be enforced in the future. But the most used form of the term consideration in contracts is when there is a direct exchange of goods for money or goods for goods. Consideration in contracts is normally enforceable and practised practically when something has been given or promised in exchange for something else. A promise in English law is a contract if a promise or consideration is attached to the promise (Atkins, 1999). For instance, if you promise to pay or buy someone a gift who have to write it down or make a deed. In the case of Currie vs. Misa of 1875, consideration in the sense of law consists of interest, benefit or profit accruing to one person and detriment or loss of responsibility to be undertaken by the other party. The understanding and execution of these contracts are quite simple. In some cases the execution or implementation of the law of contracts is difficult as in the case of Dunlop Pneumatic Tyre Co Ltd vs. Selfridge & Co Ltd of 1915, whereby consideration was difficult to enforce. In such as case, there was exchange of promises where neither of them was enforced. The making of the

American political parties, relatively weak compared to similar Essay

American political parties, relatively weak compared to similar nations, why and what are consequences - Essay Example mparison to other highly industrialized society because in reality and practice, the American political parties have always had severe internal divisions. In a two-part system, ideal internal ideological unity could be nothing more than political picture. The political parties are plainly too immense and varied to encourage stable internal unity. Yet, integrated party control confers an electoral incentive for party leadership to downplay, or even vigorously steer clear of, those matters on which the party is divided to protect the outward show of cohesion. In the concern of electoral success and a significant party ticket, party member find motivating incentives to downplay intraparty conflict. Alternatively, it is in my own opinion that the capability of a divided government to provoke resentment rest partly in its capability to generate prospect for intraparty conflict to arise. Moreover, in a divided government system, the prevailing congressional party has the power to compel public concern of those matters most perceptive to the president’s party. Through placing conflict-ridden issues on the agenda, the party dominating Congress compels the president’s party to discuss matters its congressional members would vigorously steer clear of. The typical justification for the irresponsible nature of American political parties is that our very Constitution makes our party system what it is. Richard Hofstadter, the historian, put it in a few words: â€Å"We have a Constitution against parties† (Disch 2002: 62). However, it is also possible that federalism contributes to national and state parties that are primarily self-governing but it is also possible that federalism is the cause. The actual problem is in fact the failure of the political parties to attain an appropriate balance of power within the federal system, which demands a higher nationalization of party influence. Furthermore, it is unfortunate that there is no focus of party leadership in the American

Population Health Change Paper Research Example | Topics and Well Written Essays - 1250 words

Population Health Change - Research Paper Example Identification of the Target group In this case the problem identified in the population is obesity which refers to a medical condition in which there is excess accumulation of body fats in the body to the extent that it has adverse effects on the health of an individual resulting in reduced life expectancy and increased health problems. The scenario here is that in the population we have two different groups of people, the people who operate the cafeteria and the residents. The residents consume food from the cafeteria that causes the obesity. This change program will focus on the residents because of a number of reasons. The first reason is that if the change was directed on the cafeteria workers, the people will still look for that food because they are used to consuming that diet. Secondly for a lasting change to occur the residents must change their eating habits and this will also cause the cafeteria management to change their menu (Barr, 2007; Swinburn, 2004). The argument her e is that it is important that the residents realize the effects of the poor diet on them and change their eating habits. ... t supplies from outside to satisfy their needs (Barr, 2007) Dietary changes/modification There are a variety of strategies used for reducing obesity and these strategies vary depending on certain demographic factors within the target group. Some of the strategies that are very appropriate for this population are dietary changes and physical activity. Dietary changes involve the improvement of diet quality through the reduction in consumption of energy dense foods especially those that are high in fats and sugars and increase the intake of foods that are high in dietary fiber. In physical activity the individuals are encouraged to maintain a healthy body through planned body exercises that are regular and follow a specific pattern. These two strategies are most important in solving obesity and if followed well will lead to success of the change program (NHLBI, 2000; Schroeder, 2007). It is important to realize this is a residential center and this kind of place is usually for people w ho are older and cannot live on their own. Such people have low mobility levels and therefore cannot move from place to place. The best strategy for this group would dietary changes. This is because of a number of reasons. The first reason is that this group has low mobility levels and therefore engaging them in physical activities on a daily basis will not be welcomed by them. Secondly the age group of these people does not allow them to engage in physical activities such as running, they may walk for a short distance but this will burn fewer calories and therefore the change may take a very long time to occur and people usually do not like this and will end up stopping the activity before they actually reduce their body weight (NHLBI, 2000). The dietary plan changes will involve a five

Hybrids versus Electrics Essay Example | Topics and Well Written Essays - 2500 words

Hybrids versus Electrics - Essay Example   Even though the electric cars had low-speed limits, they still held numerous advantages over their gasoline counterparts including minimal noise emissions, and no vibrations and smells produced by engine combustions and rotations. Furthermore, an electric car driver did not need to change gears while driving like the gasoline car driver had to and as such, they were easier to drive. The electric cars were especially popular among city dwellers, especially the women who were targeted by the cars’ marketers citing its easiness in operation. The electric cars’ sales were initially impeded by the limited electricity infrastructure but this set back was overcome by 1912 when most homes had access to electricity, driving a surge in sales of the cars. This was also the year when the early electrics sales peaked (Leitman & Brant, 36).The 1913 invention of the starter that enabled gasoline cars to start with ease almost caused the extinction of the electric cars and steam au tomobiles. Sales in electric vehicles dropped sharply with the next six decades experiencing dormancy in their mass production as gasoline cars became the preferred choice. However, the 1970s Arab oil embargo created new interest in the cars and environmental concerns also played a significant role in boosting their production. Hybrids are also considered electric though they are not purely electric as they only run as electric at low speeds above which the vehicles operate just like ICE with the exception of their braking systems.

Does one on one tutoring have a positive effect on my students' Dissertation

Does one on one tutoring have a positive effect on my students' attitude about reading - Dissertation Example Furthermore, studies showed a strong relationship between structured and quality tutoring and reading attitudes. Sources indicated, however, that contextual factors must also be considered when understanding attitudes on reading, such as training of tutors and structure of tutor strategies, frequency and regularity of tutoring sessions, close monitoring and evaluation practices, and specially designed curriculum for readers with reading problems or disabilities (McKenna et al., 1995; McKool, 2007; National Institute on Out-of-School Time at Wellesley Centers for Women, 2009; U.S. Department of Education, 1997). Does one-on-one tutoring have a positive effect on students' attitude about reading? I am directly involved in tutoring students to improve their attitude about reading. I am currently tutoring a 4th grader with ADHD, who reads at about a beginning 3rd grade level with poor comprehension skills. This boy has 3 siblings (1 older brother and 2 younger sisters) and a loud, rather disorganized home. The research will also include a 3rd grader who a co-worker is tutoring. This student has a stutter and reads at about a mid 1st grade level with difficulties in vowel sounds. This boy is an only child and I do not have knowledge of his home life or condition. Both boys have parents that are supportive, but only the 3rd grader’s mom is very involved with helping her child. ... This paper reviews the literature on tutoring and reading. Review of Literature The review of literature reveals that are numerous factors that shape reading attitudes, but the most prevalent are children's personal experiences in reading, children's self-confidence in reading, parents' attitudes towards reading, and teachers' teaching strategies. Furthermore, studies showed a strong link between structured and quality tutoring and reading attitudes. Factors that can Shape Reading Attitudes There are a variety of factors that affect children's attitudes toward reading: children's personal experiences in reading, children's self-confidence in reading, parents' attitudes towards reading, and teachers' teaching strategies. Sources indicated, however, that contextual factors must also be considered, such as training of tutors and structure of tutor strategies, frequent and regular tutoring sessions, close monitoring and evaluation, and specially designed curriculum for readers with readi ng problems or disabilities (McKenna et al., 1995; McKool, 2007; National Institute on Out-of-School Time at Wellesley Centers for Women, 2009; U.S. Department of Education, 1997). Children’s personal experiences in reading. Children's personal experiences in reading can improve children's attitudes toward reading (Wang, 2000, p.1). It is important that the environment of the children provides easy access to interesting books, because this leads to them experiencing the world of reading as an entertaining experience (National Institute on Out-of-School Time at Wellesley Centers for Women, 2009; Wang, 2000, p.1). Access to quality books, however, is not widely provided by low-income families.

Religion Assignment Example | Topics and Well Written Essays - 750 words

Religion - Assignment Example The earliest founding can be traced back to 1897. As of now, it claims to have more than 5 million members worldwide. Its current bishop is Charles Blake. The website contains the following information in the About Us section : Founder and Church History, Affirmations, Doctrine, Seal, and Its Officers. The website also presents its numerous departments such as legal, marketing, Pastor’s and Elders Council, National Mens’ Conference, International Women’s Department and Church Growth and Development. The site also shows its Products and Services such as COGIC bookstore, COGIC publishing house, and Charities. COGIC Charities supports mission programs in 58 countries and provides $100,000 worth of scholarships annually. It does not limit its support to members of its organization since it also provided a grant to Save Africa’s Children. It can be implied from reading the website that COGIC takes pride in being a colored religious organization. Apparently, COGIC is a large religious organization with abundant funding since it has its own Bible College and Theological Seminary. COGIC also presents in its website the various activities it is involved with such as COGIC charities and bridging the digital divide. Presently, its website features the â€Å"Hijacking of Civil Rights Legacy† which is an argumentative position against homosexual marriage. It also posted a response on the human rights declaration with a severe apologetics on marriage. COGIC can be considered a moderate religious group since it sticks to the essentials of Christian doctrine in its statement of faith. In fact, it regards the bible as its only source. However, it can be considered moderate since it has been involved in social agenda such as alleviation of poverty through its north Michigan COGIC and Faith Community mortgage company, making donation to victims of calamity, and publicly commenting on social issues such as Human Rights and Civil Ri ghts. The website UUA.org