Medical Marijuana Should Be Legalized For Pure Medical...

Kari Knutson Kristen Jacobus English 102 21 April 2015 When Holly was less than a year old she was diagnosed with pediatric convulsions, which progressed into a severe form of epilepsy. She is now 14-years-old, and needs supervision constantly due to the severity of her seizures. Because of her seizures she is not able to walk, talk, or feed herself. Holly’s family has exhausted every option medically when it comes to controlling seizures. The one treatment that they have not tried is medical cannabis. I am an in home caretaker for Holly, and after interviewing her mother I feel that everyone should understand why medical cannabis should be legalized for pure medical purposes. Unfortunately the drug has been abused by recreational users, and now has a bad reputation of being a gateway drug. Some Doctor’s also believe that medical cannabis has no medicinal value. Holly’s mother is a Registered Nurse, and feels that Holly would benefit from medical cannabis; unfortunately it is illegal in Wisconsin. With the recent in crease in funding and research on all medical cannabis products, research is proving that cannabis does not only help symptoms of epilepsy, but with most neurological disorders, including multiple sclerosis. Every seizure that a person goes through that lasts more than three minutes causes brain damage. You can imagine how dangerous it is to be having dozens of seizures daily, and having no way to control or stop them. If Holly were to have had access toShow MoreRelatedEssay on Should Marijuana Be Made Legal?1208 Words   |  5 PagesShould Marijuana Be Made Legal? In 1620, the Pilgrims landed on Plymouth Rock bringing with them thousands of gallons of beer and other types of liquor. This was believed to be enough for them to sell or trade with the natives in return for products like a body soother. The Native Americans introduced the Pilgrims to tobacco and other forms of drugs such as Marijuana. By the 1900s, the country noticed marijuana, a psychoactive drug, was dangerous and needed to be controlled. Later, betweenRead MoreArgumentative Essay On Medical Marijuana1167 Words   |  5 PagesWhen people hear the word marijuana, they often think of a gateway drug. Marijuana has been one of the top misunderstood â€Å"drug† there have been and will probably remain on being a misunderstood â€Å"drug†. Should marijuana be legalized? This has been a controversial question for a long time now. Marijuana should be legalized. Not only is marijuana beneficial to many people but it can even have an impact in our future. Marijuana shou ld be legalized because it can help bring more money to the country,Read MoreMedical Marijuana Should Be Legal1651 Words   |  7 Pagesmost commonly referred to as marijuana. Medical marijuana refers to the use of cannabis and its cannabinoids to treat disease or improve symptoms (Wikipedia.com). Cannabis contains two active ingredients inside called cannabinoids (CBD) along with the delta-g-tetrahydrocannabinol (THC). The medicinal and psychoactive effects that personally associate with marijuana are caused by unique structures of cannabinoids. In addition, the major psychoactive ingredient in marijuana is THC, which additionallyRead MoreShould the United States Legalize Marijuana? Essay1339 Words   |  6 Pagesoffers no alternate purposes but creating troublesome addicts hazardous to society; however, they are rather misinformed about marijuana’s abilities. While marijuana has a small amount of negligible effects to its users, the herbal drug more importantly has remar kable health benefits, and legalizing one of the oldest and most commonly known drugs would redirect America’s future with the advantages outweighing the disadvantages. Before Americans can make accusations that marijuana can only be usedRead MoreShould Marijuana Be Legalized?1957 Words   |  8 Pagesover whether marijuana should be legalized has long troubled many American citizens. There are many political aspects that have to be taken into account when making a big federal decision such as this. However, long before America was even an idea, many cultures had harnessed the plant, and used it for many primitive medical procedures. Within certain states it is legal to use marijuana for medical treatments, but this is a relatively new idea in the United States. However, marijuana was not alwaysRead MoreLegalization Of Marijuan The Economic Case2418 Words   |  10 Pages LEGALIZATION OF MARIJUANA IN THE US: THE ECONOMIC CASE. BIE COOKEY-GAM ECONOMICS 280 DECEMBER 4TH 2014 JOHN WRIGHT ABSTRACT This paper intends to outline the benefits of legalization of marijuana, show the possible negative externalities from making a once illegal drug, fully legal and regulated. ItRead MoreThe Myths And Beliefs Of Marijuana Essay1819 Words   |  8 Pagesrevise and rewrite laws. In this article I will talk about the myths and beliefs of marijuana and compare them to reliable sources to form an opinion on whether or not marijuana is a relatively safe drug for medical and recreational use along with the physical and social effects to the user and their environment. Regard, this paper will not focus on any other associated topics such as the price of prisons, annual marijuana dispensary revenue, drug trafficking or law policy’s. However many of the usedRead MoreShould Marijuana Be Legal?2391 Words   |  10 PagesMarijuana has been used as medicine since ancient times. There have been evidences that are found in different locations of ancient human civilizations. For example, there are numerous evidences founded in Assyria, China, India, Greece Egypt, Persia, and in other ancient civilizations marijuana used for ritualistic purposes, pain relief, an d the treatment of various ailments. Marijuana could also be cultivated to produce hemp, a type of fiber used for textile such as paper, fabric, and rope. ScottRead MoreThe Legalization Of Marijuana For Marijuana2792 Words   |  12 PagesThe legalization of marijuana in America Overview Issue The new events of legalizing marijuana for recreational use has increased controversy in the United States, those against it say it was bad enough before when it was merely allowed for medicinal use and now that these new laws and rules are really infuriating those who are against it. However on the flip side people are also arguing that now that it is allowed for recreational use people it will lessen crime rates, related to selling and buyingRead MoreEssay about Should Marijuana Be Legalized in the United States?1569 Words   |  7 PagesThe topic of legalizing recreational marijuana in the United States has been a very controversial one. States such as Colorado and Washington have gone on the offensive and have legalized recreational marijuana and have enjoyed the high revenues brought in from cannabis sale. On the other hand other states have kept low profiles because they are wary of the possible negative outcomes of legalizing recreational marijuana and are using the states of Colorado and Washington as guinea pigs to see what

Reflection paper Free Essays

This chapter focuses on the principles of biology. Biology Is the scientific study of life. A notable contradiction to science Is pseudoscience which Is something that sounds selecting but Is not based on complete evidence. We will write a custom essay sample on Reflection paper or any similar topic only for you Order Now Life encompasses a wide variety of things, but all life has a set of seven characteristics which are order, regulation, growth and development, energy processing, response to the environment, reproduction, and evolution. Life exists in many levels ranging from the exosphere to molecules and atoms. A cell is the lowest structural level that can sustain the activities required for life. Cells exist in one of two categories: prokaryotic or eukaryotic. A prokaryotic cell is simple, small, and lacking a nucleus while a eukaryotic cell is larger and more complex, containing many membrane-enclosed organelles. Biological domains further differentiate between kinds of cells. There are three major biological domains, two of which are classified for prokaryote and the other for eukaryote. They are Domain Bacteria, Domain Archie, and Domain Eukaryote. Evolution Is also a major theme In biology. Evolution Is the concept of life evolving over the course of time. Charles Darwin Is responsible for the concept of evolution through natural selection. His idea of natural selection was about the adaptation to the environment over time by populations in order to survive. Discovery science and hypothesis driven science are the two main processes of science. Scientists follow the scientific method to test their findings. Theories and scientific saws sometimes result from many repeated experiments. A theory is a comprehensive explanation while a law is a more a generalized description. The basis of science requires that experiments be repeatable, as scientists repeat each other’s experiments to check for verification. This is why It Is very important for scientists to be honest with their observations and results. Correlations occur when events occur together In time and space. It Is very Important to know that correlation does not always equal causation. A controlled experiment Is needed to prove a relation. This includes a control and experimental group. As science has advanced, technologies have advanced as well to help us apply or take advantage of said scientific advances. Positive and negative things have come about from the mix of science and technology. A positive result has been the use of DNA in criminal court cases. A negative result has been the deforestation and toxic wastes caused the growth in population. The information regarding the resistance that certain bacteria may be developing towards antibiotics is particularly interesting to me. This will also be relevant to me not only as I may probably be more careful with any future antibiotic Intake but also as I will be entering the health field and will need to be aware of this. As a nurse I might need to administer antibiotics or monitor or read patients bacterial count. By the time I become a nurse, In a couple of years, this has the possibly of becoming a larger Issue (hopefully not! ) and their might need to be extra precautions that I will need to inform patients of as well as general health. How to cite Reflection paper, Papers Reflection paper Free Essays Asian Stereotypes It’s human nature to create stereotypes. Humans are Judgmental beings that always seem to Judge something before they get to know them. Whether Its fear of the unknown, or Just because of bias. We will write a custom essay sample on Reflection paper or any similar topic only for you Order Now Stereotypes can be seen in almost every race. From white people being considered â€Å"trailer trash,† to Hispanics being known as â€Å"lazy. † Another group that has stereotypes are Asians. Asian people are those who originate from Asian. This group Includes both Indians, Japanese, and Chinese people. To begin, there are many different stereotypes about Asians. First of all, Aslant men are considered to be chauvinistic. Males are considered to be very disrespectful towards women. They are also seen as against the liberation of people. Furthermore, Aslant parents are portrayed as conservative and strict. Especially In the movies they are seen as dictators with their children. Thirdly, Asians are considered to have better bad English. As many movies have also shown, Asians are shown as having a very broken English and being unable to say â€Å"L† sounds. Moreover, religion is also something that people stereotype. For example, Sikhs are all considered to be Muslims. Also that Asians are not very good athletes. The one that is most common is that all Asians are great at mathematics. This is more of a nurture and less of nature when it comes to mathematics. I believe this is where the whole all Asians are doctors idea came from. This is all untrue. All in all, stereotypes are Just made up ideas about others. We tend to group people up with what we believe they represent. It’s an unfortunate part of life but it seems to happen more and more. How to cite Reflection paper, Papers Reflection Paper Free Essays Across Cultures Reflection Cross-cultural literacy and experiences are playing an Increasingly important part In developing a global management team particularly In a cultural-diversity team or organization. Building an effective global business team by Governance and Septa’s told us that multinational corporations looking to exploit global economic of scale, transfer of knowledge etc needs to master managing global business teams. And the Dam’s presents three culturally determined strategies for resolving conflict between organizational members from different cultures. We will write a custom essay sample on Reflection Paper or any similar topic only for you Order Now For the past peer reviewed presentation, the purpose of this presentation is to help us gaining more experiences by working in a multicultural team. This teamwork exercise has given me an opportunity to develop my cultural learning and improve my understanding of the concept of culture. Be more specific about the part of communication, there Is Individualistic versus collectivist In the cultural aspect. The collective require consensus on decisions and the Individual view this as lower priority. Our group was In the prevalence of collectivism which has pros and cons. In a positive way, our team members can put forward different ideas then put them all together to achieve our goal. Furthermore, our team members select the best ideas to present and arrangement the points without any questions. During the discussion, we had different personal opinions due to the shortage of individualism so some conflicts arisen. To solve this problem, we tended to continue the ideas then discussed which one is most accepted. Therefore, there aren’t many diverse ideas until finished the discussion. Next time, I will think out more Ideas then try to communicate with my team members more. At same time, I will listen to others about their opinions clearly and try to compare different Ideas then choose the best Idea. The communication Is the Important factor In the multinational cooperation. MAGGOT’S Reflection Paper BY heptanes Cross-cultural literacy and experiences are playing an increasingly important part in developing a global management team particularly in a cultural-diversity team or organization. Building an effective global business team by Governance and Septa’s Be more specific about the part of communication, there is individualistic versus collectivist in the cultural aspect. The collective require consensus on decisions and the individual view this as lower priority. Our group was in the prevalence of will think out more ideas then try to communicate with my team members more. At different ideas then choose the best idea. The communication is the important factor in the multinational cooperation. How to cite Reflection Paper, Papers Reflection Paper Free Essays Teachers, parents, and peers can all assume who is a good student and who is not by their reparation for the class, in-class behavior, and how they manage their classes on their free time. It is permanently vital to be prepared for class not only for yourself but to show the professor what kind of student you are. This means that the student should have read the material beforehand to get a clear understanding of the theme of the following lecture and prepare any questions. We will write a custom essay sample on Reflection Paper or any similar topic only for you Order Now Also, being on time and bringing the proper necessities to class will show your professor that you are ready to learn. Being prepared for class is the first impressions students show their professors. I complete my reparation the day before the class. Do this to refresh my memory of the new course material. In addition, if I have a question, jot it down in my note book so will not forget it the day of class. I always keep my needed supplies in my backpack and double check before every class. If you are not prepared, your professor may think down upon you, which is an undesirable way to prove your self-worth. Behavior inside the classroom is correspondingly important. Just like being prepared, showing up to class on time can increase your chances of having a great first impression. Classroom etiquette involves tying throughout all of class while being involved and taking notes. Although am very shy and quite, give my professors clues that I am paying attention and am interested in their class. To do this, sit in the front of the class, look at the teacher while he or she is talking, and ask any questions that may come up. In addition, I try my best to keep small group discussions on topic. However, I know that I can greatly extend these tactics to prove how interested I am in the class. After class many students forget to do their assignments and procrastinate until the last possible moment. This will result in terrible work and prove to the professor that their class is not one of your priorities. The best way I show my professors that I am interested in class is by taking the time with my homework and papers. Will complete the assignment but will continue to recheck what have done up until I am completely pleased with my work. By doing so, I am communicating that I actually care about the class. In Sociology 201 , I put in my best effort to impress my professor. Although I am not asking many questions and do not talk as much as other students, do try my best to prove my interest and give great impression by the work I do produce. How to cite Reflection Paper, Papers Reflection paper Free Essays Reflection Paper: Zombie Apocalypse Myths have been around in all parts of the world for thousands and thousands of years. All religions have their own myths on how the world was created and dealing with the evil spirits in the world and much more. Over the years there were different myths created making society believe in them along with others wanting the historical facts behind these myths. We will write a custom essay sample on Reflection paper or any similar topic only for you Order Now Making many of us develop a sense of fantasy with these myths. For example, the zombie apocalypse. The word Zombie comes from the Haitian and New Orleans voodoo origins. It refers to a human dead body which serves the undead, but what makes people so crazed over it? Is it the mysterious way the illness or â€Å"bite† first started? Why is it continually being spoken about on the websites and on the television? Many people have their own interpretation on this. Many of it deals with the preparedness for the end of the world. This ties into the entertainment of peoples minds since people are bored in the world wanting to create a new myth. Let me elaborate on this farther. When It comes to the zombie type of apocalypse many people have created movies, video games, and books on It. This type of apocalypse have given some people the â€Å"adrenaline rush† in video games for they can use violence to kill these zombies. Other people search the facts in order to prepare for disasters in the world. It can be tough to get people thinking about emergency preparedness before disaster strikes. Hollywood created these zombie movies, video games, television series, and books to spark our attention and get people Involved in preparing before a true natural disaster strikes. Because of these many movies and books In the world It made people question this zombie apocalypse. Will it really happen? How do you prepare for it? Many people in the world have said to have an emergency plan and survival kit set up. But who would want to believe this? Is it a myth or fact? Many people have then thought of this apocalypse as another contribute to the humans who are â€Å"living† whom, without the threat of law, would contemplating to rape and kill you Just to take what you have, and to enjoy whatever sick twisted fantasy they cook up on the spot. This Is the type of facts people have to add to this myth. As signs go on with the facts other than trying to survive and kill the zombies, people would get depression. Depression will lower your immune system, causing the stress and making you tired constantly which can add to your death or becoming a â€Å"zombie. † Even if there is not a zombie attack, the government might be more prepared for an earthquake or any other type of disaster which is more common than an actual zombie apocalypse. I personally do not believe In the typical zombie apocalypse movies and videotapes and such. I do believe in other myths and such but with this type it is more fantasy than anything else. I would need to be given factual and solid scientific evidence explaining how and why this would occur. I refuse to acknowledge this as a valid warning. However I do have respect for some of the CDC government opinions, as they are entitled believe whatever they may want to. Even if it Is scientifically based To me it ties in with someone wanting the entertainment and excitement due to their boredom or preparing for the true natural disasters. The idea is to get the attention of people who would otherwise not prepare for real, actual emergencies, like natural disasters by getting the attention of people and getting them to seriously think about an emergency kit, in order to save us money. In any survival situation you must have food, water, shelter protection. However, if a zombie apocalypse were to occur, you would not only have to have the supplies to survive, but would also have to have the ability to protect the supplies and your family. Most likely, you would need to have enough supplies for a minimum of three months. Then have a plan for either how to grow or produce your own supplies. This is another factual to needing to prepare. Personally, I would like to know why everyone thinks that they would be trying to survive. With the likely percentage of infection across the world in all the scenarios e imagine, there is a 99 percent chance that you would be a zombie too. What makes one think that it could not â€Å"happen to me? Why would one assume that they would be fighting them? Chances are they would be stumbling and moaning as well. These are questions that I face with this type of myth and why people could possibly be into this. Other people would use this as another way to get closer to their faith. For example, people would think that the zombies are Satin’s demons and the â€Å"living† are God’s children trying to escape Satin’s grasp. To me this seems a very possible way to lead to their myth and fantasy in their minds. As other people believe, like me, that the zombies are far-fetched, they do however look at the facts like the deadly flu in 1918 making people afraid to leave their homes. To me it is one way to use this apocalypse as entertainment to fill their boredom, but to end up believing this could possibly be an outcome in the world is bizarre. As, you can see many people use this as a way to prepare for the real disasters in the world, to have emergency kits and plans on how to survive. But then other people see it as actually happening. What do you believe in? Myth or fact? Why are you into this? How to cite Reflection paper, Papers Reflection Paper Free Essays Reflection Paper Leonard Bohanon University of Phoenix SPE/514: Survey of Special Populations October 27, 2011 Michele Stevens Reflection Paper For this assignment I was tasked with writing a reflection paper based off of an interview conducted with a family member, friend, or acquaintance who is considered a diverse learner. The body of this work will describe my interviewee’s exceptionality, experience in education, and interaction with peers. Lastly I will take into consideration how the interviewee’s experience might have been different based on appropriate accommodations. We will write a custom essay sample on Reflection Paper or any similar topic only for you Order Now The person I chose to interview is my son, Markese Latrell Bohanon. Markese is in his senior year at Zion Christian Academy and honing in on which institution he will attend as he prepares for the next leg of his educational journey. Markese is gifted and talented according to the views held by former U. S. Commissioner of Education Sidney Marland and the laws subsequently passed by Congress which incorporated his concepts. According to PL 95-561 and its similarly worded mate, PL 100-297: â€Å"Gifted and talented means children, and whenever possible, youth who are identified at the preschool, elementary, or secondary level as possessing demonstrated or potential abilities that give evidence of high performance capability in areas such as intellectual, creative, specific academic or leadership ability, or in the performing or visual arts, and who by reason thereof require services or activities not ordinarily provided by the school† (Werts, Culatta, Tompkins, 2007). Markese has consistently performed well on standardized tests, continues to seek out opportunities to demonstrate his leadership ability, and recently scored over 1200 on the SAT examination. Markese attended Department of Defense Schools (DoDDS) here on Okinawa from first through third grade and received a solid educational foundation. He reluctantly transferred to Zion Christian Academy at the beginning of his fourth grade year where he continues to attend through this date. Markese attributes his academic success to the encouragement he receives at home, the dedicated professionals that have instructed him, and the challenging curriculum he has been exposed to since transferring to Zion. Zion employs the A Beka curriculum in their classroom instruction which has proven to be an industry standard within the Christian school and home school communities. According to Markese, he really like the small class sizes which are generally capped at 12 students. This has allowed him to really get to know his fellow students many of whom he has had the pleasure of growing up with over the past seven years. Markese stated that he really likes the diversity as the student population is made up of American, Japanese, and Amerisian students. They have grown close through their athlete pursuits which have been regulated to track and basketball. Many of them, from a cross-section of the spectrum previously discussed, get together frequently for fun and relaxation. Markese told me that one of the benefits that he didn’t count on was how peaceful and drama-free their environment is because of their shared values and the way those values are upheld by the school’s administration. At the start of his freshman year Markese lobbied my wife and I to put him back into the DoDDS system, largely because he felt he was missing out on scholarship opportunities by not being able to play basketball in a larger forum. He continues to thank us to this day for sticking to our guns. When he hears stories about gangs, drugs, sex, and other things his peers are experiencing at some of the other schools on the island, he is grateful and appreciative for his learning environment. Reference Werts, M. G. , Culatta, R. A. , Tompkins, J. R. (2007). Fundamentals of Special Education, What Every Teacher Needs to Know (3rd ed. ). Retrieved from The University of Phoenix eBook Collection database. How to cite Reflection Paper, Papers

Micro Economic Essay Sample free essay sample

1. Principe OF ECONOMICS-MANKIEWChapter 1- QUESTION FOR REVIEW ( 18 )No 3. What is rising prices and what causes it?= Inflation is an addition in the overall degree of monetary values in the economic system. Inflation happen because perpetrator is growing in the measure o money when a authorities creates larges measures of the nation’s money. the value of the money. No 5. Explain the two chief causes of market failure and give an illustration of each! = Externality. is the impact of one person’s action on the well being of a bystanderExample: pollution.= Market power. is the ability of a individual economic histrion ( or little group of acors ) to hold a significant influence on market monetary values.Example: if everyone in town demands H2O but there is merely one well. the proprietor of the well is non capable to the strict competition with which the unseeable manus usually keeps self involvement in cheque. 2. Principles of economics-mankiewChapter 2 –question for reappraisal ( 38 )No. 1. Why do economic experts sometimes offer conflicting advice to policymakers?= economic expert who advise policymakers offer conflicting advise either because of differences in scientific opinions or because of differences in values. At other times. economic expert are united in the advice they offer. but policymakers may take to disregard it. No. 7. What are the subfields into which economics is divided? Explain what each subfield surveies. = microeconomics and macroeconomics.Microeconomicss is the survey of how families and houses are make determinations and how they interact in shapers.Macroeconomicss is the survey of economi broad phenomena. including rising prices. unemployment. and economic growing. 3. PRINCIPES OF ECONOMICS-MANKIEWChapter 3 – QUESTION FOR REVIEW ( 61 )No 2. Give an illustration in which one individual has an absolute advantage in making something but another individual has a comparative advantage.= illustration of absolute advantage: in this instance. clip is the lone input. So we can find absolute advantage by looking at how much each type of production takes. The rancher has an absolute advantage both in bring forthing meat and in bring forthing murphies because she requires less clip than the husbandman to bring forth a unit of either good. The rancher needs to input merely 20 proceedingss to bring forth an ounce of meat. whereas the husbandman needs 60 proceedingss. Similiarly. the rancher demand merely 10 proceedingss to bring forth an ounce of murphies. whereas the husbandman needs 15 proceedingss. Based on this information. we conclude that the rancher has the lower cost of bring forthing murphies. if we measure cost by the measure of inputs. =example of comparative advantage: the husbandman has a lower chance cost of bring forthing murphies than the rancher. An ounce of murphies cost the husbandman merely 14 ounce of meat. but it cost the rancher 12 ounce of meat. Conversely. the rancher has a lower chance cost of bring forthing meat than the husbandman: an ounce of meat costs the rancher 2 ounce of murphies. but it cost the husbandman 4 ounce of murphies. Therefore the husbandman has a comparative advantage in turning murphies. and the rancher has a comparative advantage in bring forthing meat. No 4. Explain how absolute advantage and comparative advantage differ! =the people who can bring forth good with the smaller measure of inputs is said to hold an absolute advantages in bring forthing good. The individual who has the smaller chance cost of bring forthing the good is said to hold a comparative advantage. 4. Principe OF ECONOMICS-MANKIEWChapter 4-QUESTION FOR THE REVIEW ( 86 )No. 6. Specify the equilibrium of the market. Describe the forces that move a market toward its equilibrium= Equilibrium is a state of affairs in which the market monetary value has reached the degree at which measure supplied peers measure demanded. The behaviour of purchasers and Sellerss of course drives markets toward their equilibrium. The activities of the many purchasers and Sellerss automatically push the market monetary value toward the equilibrium monetary value. Once the market reaches its equilibrium. all purchasers and Sellerss are satisfied. and there is no upward or downward force per unit area on the monetary value. In most free markets. excesss and deficits are merely impermanent because monetary values finally move toward their equilibrium degrees. No. 9. What is a competitory market? Briefly describe a type of market that is non absolutely competitory. = competitory market is a market in which there are many purchasers and many Sellerss so that each has a negligible impact on the market monetary value. * Monopolistic competition = market characterized by legion purchasers and comparatively legion Sellerss seeking to distinguish their merchandise from those of rivals. * Oligopoly = market characterized by a smattering of ( by and large big ) Sellerss with the power to act upon the monetary values of their merchandises. * Monopoly = market in which there is merely one manufacturer that can therefor put the monetary values of its merchandises 5. Principles OF ECONOMICS-MANKIEW CHAPTER 5-QUESTION OF REVIEW ( 109 )No. 5. If the snap is grearter than 1. is demand elastic or inelastic? If the snap peers 0. is demand absolutely elastic or absolutely inelastic?= If the snap is greater than 1. and demand is elastic. if the snap yequals 0. demand is absolutely inelastic No 9. List and explainthe four determinantsof the monetary value snap of demand discussed in the chapter. * Availability of close replacements Goods with close replacements tend to hold more elastic demand because it is easier for consumer s to exchange from that goods to others. * Necessities versus luxuriesNecessities tend to hold inelastic demands. whereas luxuries have elastic demands. * Definition of the marketThe snap of demand in any market depends on how we draw the boundaries of the market. * Time skylineGoods tend to hold more elastic demand over longer clip skylines. 6. Principle OF ECONOMICS-MANKIEWCHAPTER 6-QUESTION OF REVIEW ( 131 )No. 2. What determines how the load of the revenue enhancement is divided between purchasers and Sellerss? Why?= revenue enhancement incidence. Tax incidence is the mode in which the load of the revenue enhancement is shared among participants in a market. The term revenue enhancement incidence refers to how the load of the revenue enhancement is distributed among the assorted people who make up the economic system. As we will see. some surprising lessons about revenue enhancement incidence can be learned by using the tools of supply and demand. No. 7. Give an illustration of a monetary value ceiling and an illustration of a monetary value floor = monetary value ceiling is a legal upper limit on the monetary value of a good or service. An illustration is rent control. If the monetary value ceiling is below the equilibrium monetary value. the measure demanded exceeds the measure supplied. Because of the resulting deficit. Sellerss must in some manner ration the good or service among purchasers. =a monetary value floor is a legal lower limit on the monetary value of good or service. An illustration is the minimal pay. If the monetary value floor is above the equilibrium monetary value. the measure supplied exceeds the measure demanded. Because of the ensuing excess. buyer’s demands for the good or service must in some manner in rationed among Sellerss. 7. Principles OF ECONOMICS – MANKIEWCHAPTER 7-QUESTION OF REVIEW ( 155 )No. 1. Name two types of market failure. Explain why each may do market results to be inefficient. 1. Market power. It can cauase markets to be inefficients because it keeps the monetary value and measure off from the equilibrium of supply and demand. 2. Outwardnesss. cause public assistance in a market to depend on more than merely the vaue to the purchasers and the cost to the Sellerss. Bacause purchasers and Sellerss do non see these side effects when make up ones minding how much to devour and bring forth. the equilibrium in a market can be inefficient from the point of view of society as a whole. No. 2. In a supply-and-demand diagram. show manufacturer and consumer excess in the market equilibrium. 8. Principles OF ECONOMICS-MANKIEWChapter 8 –QUESTION OF REVIEW ( 173 )No. 3. Pull a supply-and-deand diaram with a revenue enhancement on the sale of the good. Show the deadweightloss. Show the revenue enhancement gross= No. 4. What happen to deadweight loss and revenue enhancement gross when a revenue enhancement is increased?= when the size of revenue enhancement addition. it disorts inducements more. and its deadweight loss rapidly gets larger.But. foremost revenue enhancement gross rises with the size of the revenue enhancement. as the revenue enhancement get larger plenty. the revenue enhancement gross starts to fall ( after reach the maximal point ) 9. PRINCIPLES ECONOMICS-MANKIEWChapter 9-QUESTION FOR REVIEW ( 196 )No. 4. When does a state go an exporter of a good? An importer? = a low domestic monetary value indicates that the state has a comparative advantage in bring forthing the good and that the state will go an exporter. A high domestic monetary value indicates that the remainder of the universe has a comparative advantages in bring forthing the good and that the state will go an importer. No. 5. Describe what a duty and its economic sciences consequence = duty is a revenue enhancement on goods produced abbroad and sold domestically. The effects. the duty reduces the measure of imports and moves the domestic market closer to its equilibrium without trade. 10. Principles OF ECONOMICS – MANKIEWChapter 13 – QUESTION OF THE REVIEW ( 284 )No. 1. Define economic systems of graduated table and explicate why they might originate. = economic systems of graduated table. is the belongings whereby long-term mean entire cost falls as the measure of end product additions Economies of sclae frequently arise because higher production degrees allow specialisation among workers. which permits each worker to go better at a specific undertaking. No. 4. What is fringy merchandise. and what does it intend if it is decreasing? =marginal merchandise is the addition in end product that arises from an extra unit of input.Decreasing fringy merchandise intend the belongings whereby the fringy merchandise of an input declines as the measure of the input additions. 11. Principles OF ECONOMICS – MANKIEWChapter 21 – QUESTION OF THR REVIEW ( 480 )No 1. A consumer has income of $ 3000. Wine cost $ 3 per glass. nd cheese cost $ 6 per lb. Pull the consumer’s budget restraint. What is the incline of this budget restraint? No. 2. Pull a consumer’s indifference cuvers for vino and cheee. Describe and explicate four belongingss of these indifference curves. Answer no. 2Four belongingss of indifference curve:1. Higher indifference curvves are preferred to lower 1s. Peoples normally prefer to devour more goods instead than less. 2. Indifference curves are downward sloping. The incline of indifference curve reflects the rate at which the consumer is willing to replace one good for the other. In most instances. the consumer likes both goods. Therefore. if the measure of one good is reduced. the measure of the other good must increase for the consumer to be every bit happy. For this ground. most indifference curves slope downward. 3. Indifference curves do non traverse. The consumers ever prefers more of both goods to less. 4. Indifference curves are bowed inward. The incline of indifference curves is the fringy rate of substitution-the rate of which the consumer is willing to merchandise off one good for the other. The fringy rate of permutation ( MRS ) normally depends on the sum of each good the consumer is presently devouring. In peculia r. because people are more willing to merchandise away goods that they have in copiousness and less willing to merchandise away goods of which they have small. the indifference curves are bowed inward.