Those in favor of taxing unhealthy foods believe that those foods are the cause of obesity, taxing would be an effective intervention that would reduce consumption of unhealthy foods, and taxing would create revenue to fund programs focused on combatting obesity. Those against taxing unhealthy foods point out that there is “no clear evidence” that unhealthy foods cause obesity, taxing would unfairly target minorities, the poor, and the obese, and that revenue generated to fund programs focused on combatting obesity would more than likely not go to such programs. 3. What is your viewpoint on the issue? Consider the shades of gray options.
Consumer surplus is a measure of the welfare that people gain from the consumption of goods and services, or a measure of the benefits they derive from the exchange of goods. Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service (indicated by the demand curve) and the total amount that they actually do pay (i.e. the market price for the product). The level of consumer surplus is shown by the area under the demand curve and above the ruling market price as illustrated in the diagram below: Price discrimination and consumer surplus Producers often take advantage of consumer surplus when setting prices. If a business can identify groups of consumers within their market who are willing and able to pay different prices for the same products, then sellers may engage in price discrimination – the aim of which is to extract from the purchaser, the price they are willing to pay, thereby turning consumer surplus into extra revenue.
Workshop Three (Individual Assignment) Case Analysis Averett University International Business Course, BSA 545 February 20, 2013 Question #1: There are several factors that need to be examined in the argument that developing countries ought to be able to maintain their subsidies, the ones to which Hochberg objects, because these countries need advantages to break into and become established in world markets. Will subsidizing exports help the domestic economy in the future? Will the change in operations lead to job exports from the United States and harm the developing countries economy for not leveling the playing field? Will new operations contradict U.S. policies by facilitating the export of products used for repression and providing corporate subsidies? Changes in operations will help increase job exports.
As marketer’s decision of reducing on price, which we can consider it as investing on potential customers, to ensure their interest in one specific brand. In one period we consume, in the other time we save for investment. Not to mention, in the time of having high cost of living which leads to the shrinking of consumers’ purchase power, or we can also see the inflation on the price of goods. In this case, by repositioning a company’s brand meanwhile realigning with the perception of value in consumers’ mind is critical for a firm to sustain its brand image amount the publics. Even though this action has caused a short term profitability decline, but for firms’ long-term sustainability, it is vital to keep up with customers’ perceived value, and understanding the core idea of value-pricing strategy.
More people can be fed at a lower cost when using factory farming, but it may not be worth the harm it causes the animals, our environment, and possibly our food. Factory farming started to be able to feed our growing population in a more cost effective way. It was great to be able to feed the growing population of the world in a quicker way than what was happening before. Along the way the treatment of the animals has gone down as well as the quality of the food. “Researchers concluded that the current animal food industry is quite simply unacceptable due to its effects on humans, the environment, and animals raised for food.
It also ensures that he can put a high quality product on the market at a relatively low price. On the contrary, when the government requires that workers be paid more, businesses are forced to make adjustments in other areas to offset the added costs, such as reducing work hours, cutting benefits, hiring fewer people and charging higher prices. Naive lawmakers tend to believe, or at
The basic answer is that share repurchases are great when the share price is undervalued, and not-so-great when the share price is overvalued. To put it into a more useful context, if you would otherwise reinvest your dividends or invest new capital into the company at current stock prices, then share repurchases are useful to you because the company basically does it for you. The alternative is that the company could pay you a higher dividend, but you’d be taxed on that dividend and reinvest it into the company anyway. On the other hand, if you would not reinvest dividends or invest new capital into the company at current prices, then share repurchases are not in alignment with your current outlook, and it would be better for you to receive a higher dividend. Something else to be considered is that when a company uses money for share repurchases when it could be paying a higher dividend instead, the company’s management is limiting your control and increasing theirs.
The purpose of this essay is to see if government should add more tax to fast food to control obesity. This will help hospitals get more money to help solve cancer, make obese people smaller, let people live longer, spend less money, and allows people to travel better by adding more tax. When people eat junk food they are likely to die faster. If we go to fast food restaurants we are more likely to become obese. If government adds more tax people would spend less money.
However some argue that if foreign competitors enter the market and dominates the market share they may then raise the price or worse move to a cheaper economy to cut cost leaving consumers with little or no choices and higher prices set by domestic companies. However I disagree with this point because if we look at Ireland for example, since the likes of Tesco, Lidl and Aldi entering the market, this has created more jobs and giving us a wide range of products to choose from. Tesco and Aldi are ranked in the top 10 food retailers in the world (Supermarket News, 2011) and I highly doubt that these companies are going to pull out of Ireland as they are well established and are very profitable. Anti globalisation protesters argue that globalisation is the cause of poverty, just try and tell that to the people of Taiwan. Over 30 years ago these individuals were as poor as many African countries, today they are as wealthy as the Spanish.
Any kind of change in the output of one product will most likely require changes in other markets, as well, and will start a chain of adjustments. Lower costs can benefit not only its own customers of an enterprise, but those of other competing enterprises as well. Someone or something must decide what is to be produced, how, by whom, and what is to be consumed by whom. This pursuit of profit will encourage firms to produce more efficiently and keep their costs low, encourage firms to produce goods and services that consumers value highly relative to costs, and also discover and develop better products and lower-cost production methods. In turn, the economy can operate more efficiently.