Listening For Your Favorite Music - 2380 Words

Listening to your favorite music brings a sense of happiness and sustainability to help you overcome your normal school or work day. It also makes one feel quite energized and gain a sense of confidence. However besides having increasing motivation and having an energy boost, music can make one feel smarter and even intelligent. In recent studies, experiments including like â€Å"The Mozart Effect† are proving that listening to music specifically Mozart sonatas can make one score at least 30 points more on a test like the SAT and ACT (How Music Affects the Body). Besides making one gain intelligence, music has been proven to get rid of physical pain. A recent study that was conducted at Aarhus University in Denmark reported that most of the patient s reported that they felt less unpleasant and less intense. â€Å"The problem with most chronic pain is all the medicines they are forced to take. Whatever it may be, it’s bad because it can cause stomach upset, can be addic tive, etc.† (Peter Vuust, Aarhus University, Denmark) . All that music can do is very unbelievable. Science has changed everything that we know into something like music that can be used as medicine. Listening to your favorite music can reduce feelings of physical pain, increase intelligence, and increase creativity. Besides the fact of music increase intelligence and increasing creativity, it has been proven that by many different studies that music can perhaps be known to lower the physical affects of pain. AsShow MoreRelatedEssay The Relationship Between Music and The Brain1023 Words   |  5 Pagesrelationship between music and the brain has always intrigued me; why dose listening to music help ease certain task, things we do everyday like driving, leaning, relaxing or working out. I will analyze music and the effect on the brain, from health to physical and mental training. Music has been around sense the beginning of humans, evolving through by culture and time. Nowadays we have a broad selection of choice, and people prefer different genres for certain activities; for example listening to motivationalRead MoreThe Phantom Of The Opera1429 Words   |  6 Pagesif I’m experiencing it for the first time again. While perhaps I should have picked a musical I have yet to seen before (reg ardless that it was the live production), I simply could not resist watching perhaps my favorite musical (closely tied with Wicked) and applying my new active listening skills to catch what I have so sorely been missing before. I have had such a strong admiration for this musical and Andrew Lloyd Weber as a whole—the man is a genius—but my previous reverence pales in comparisonRead MoreHow Is 2020 Treating You?1083 Words   |  5 Pagesto most things (especially school), and I have a very different type of thinking process. I really enjoy reading, listening to music, baking, and watching my favorite tv shows. Unfortunately though I have not had as much time as I used to so I do not read as much as I did in 7th and 8th grade. I love fantasy and most sci-fi (zombies and robots are off limits) books. Some of my favorites are The Maze Runner series, The House of The Scorpion series, The Mortal Instruments series, and the Six of CrowsRead MoreReview Of David M. Greenberg E t Al Divided People And Their Musical Choices814 Words   |  4 PagesYour Choice of Music Can Reveal Your Personality One’s taste in music is at the top of the list when it comes to topics that can cause a heater argument. Musical preferences are sacred to most people and we tend to divide into small tribes over music, considering the other tribes as less sophisticated. Interestingly, your music choices are not a random grouping – your tribe isn’t determined by where your friends go. Instead, your personality and the music you like are interlinked, both influencingRead MoreMusic : Emotion, Language And Rhythm1098 Words   |  5 Pages Music: Emotion, Language and Rhythm/Beat Did you know that your favorite song is probably your favorite, because you associate it with an emotional event in your life? Music is a very strong and influential part of our lives, not only because it allows us to connect with certain situations but, it also allows us to cope with certain situations as well. Often it shows the emotional state in which we are in and we use it in everyday life all the time whether it be at work to concentrate, homeRead MoreA Report On My First Class1262 Words   |  6 Pagesnice morning job before your first class. You grab your phone and your earbuds and head out for your jog. You turn on the Spotify application on your phone and jam it up to some Michael Jackson while jogging. After your morning jog, it is time to head to class! You grab your stuff and run to your car. You plug in your phone into the aux cord connected to your car stereo and listen to some good ol’ blink-182 while driving to school. After school you head back home to do y our essay that is due tonightRead MoreShould Music Be Available Online For Free?919 Words   |  4 Pagescredit for their music, I agree, but that does not mean that music should not be available online for free. It would be efficient, helpful, and easy, if music was available online for free. Everyone is different. Yes, people have similar tastes in music, but not everyone likes the same kind. Therefore, it may be easier for some people finding the music they want to listen to than others. That is one reason why music should be available online for free: to make listening to music more efficient. AlisonRead MoreMusic s Impact On The Music Revolution1729 Words   |  7 Pageskey aspects which are: the venues music was made in, the way the audience listened to the music, and the way the music was disseminated. These are unique in that there is no clear separation between them and at times some of the changes that have been made can impact all three at the same time. The age in which we live in is experiencing all of these aspects to one degree or another. It is difficult for someone my age to understand that we are living in a music revolution the likes of which hasRead MoreWhat Was The Last Song You Listened To? Do You Recall The1255 Words   |  6 Pagesyou should know that you have provided your brain with an activity that has strengthened it. Listening to music is one of the most beneficial ways to fortify your brain. The human brain is the central command for the nervous system and sends commands to muscles and organs. 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10 Ways How Photoshop Changed History of Photography Free Essays

10 Ways How Photoshop Changed the History Of Photography by Steven Campbell on Apr. 2nd, 2010 In the past, you had to be very patient as a digital photographer. If you wanted to catch something spectacular you had to carry your camera with you everywhere until you saw something special. We will write a custom essay sample on 10 Ways How Photoshop Changed History of Photography or any similar topic only for you Order Now To capture a sunrise you had to get up at the crack of dawn. Models had to spend hours in the makeup room and studios had to be well lit. Everything I just mentioned changed instantly with the invention of Photoshop. Photoshop has changed the history of digital photography. Nowadays, when you look at an amazing photo or image your first impression is still â€Å"wow† but your immediate second thought is â€Å"that has to be photoshopped†. When you think of the history of Photoshop and everything Photoshop did to change the game, it’s pretty insane. In this article, I’m going to cover some of the ways how Photoshop has changed digital photography forever. How We See the World [pic] The most significant effect Photoshop has had on us is how we see our world. Digital artists and manipulators know how to take an ordinary photograph and turn it into something completely different and extraordinary. [pic] Images that are photoshopped really have me doubting reality sometimes. Whether they have to do with people, places, or things, you can’t argue with the creativity and time that goes into some of these images. They give you a new perspective on the world. How We View History [pic] Aside from the historical significance of digital photography, Photoshop has changed the way we view history in general. Historical photographs can be photo shopped just as easily as any other image, which leaves you wondering if you are viewing a historical painting or a modern piece of Photoshop art. How We Advertise I bet you were wondering when I was going to get to this part. Advertising has changed forever due to image manipulation. You can’t look through a magazine without seeing dozens of photo shopped ads (I dare you to try). [pic] Think about what this means. To me, this says that companies that used to run text ads or had to hire a photographer to take their photos can now just pay someone to make their ad on a Mac or PC. Photoshop has changed advertising and business as a whole. How We View the Human Form [pic]Photoshop has also changed our image of what the perfect person looks like. With models and celebrities – most notably – we have seen Photoshop go into every magazine cover and spread in modern existence. Allow me to touch on a few examples of this. Erasing Blemishes Ever wonder how your favorite actor looks so perfect all the time? Well, they don’t. Image editing has led us to believe that some people are actually perfect in appearance, when in reality these photos have been doctored. You want to look perfect in all of your photos? Start learning Photoshop. Adding Style [pic]You can do anything you want to a person on Photoshop. Hair color, eye color, fashion, you name it – you can change everything. Age Progression Want to see what Katie Holmes might look like in a few dozen years? Someone’s already thought of that. Thought of that. [pic] You can use Photoshop for practical means like predicting age progression. It takes a bit of talent, but nonetheless it’s a possibility. How We Witness Nature [pic] If you’ve ever seen Planet Earth on the Discovery Channel you know that there are some beautiful places on this planet with some crazy looking creatures living there. Photoshop has allowed artists to get even more creative with nature and create their own species and landscapes. See the skull in that tree? What We Find Humorous [pic]A lot of photo shopped images are meant to be funny. Creators use irony and humor to adapt digital photos to make us laugh. To Make Fantasy Reality pic]Aside from all the real world examples of Photoshop history, images are constantly created to invoke our imagination. When you look at one of these pieces of art you are able to visualize the artist’s dreams and fantasies. What did we do before this? Conclusion These are the 10 ways I’ve noticed that Photoshop has changed the history of the digital photograph. There’s got to be more but these things just don’t jump out at me anymore due to the norms I’m accustomed to in the Photoshop era. What do you think about Photoshop? Has it affected your life in some way? How to cite 10 Ways How Photoshop Changed History of Photography, Essay examples

Economics in Business Regulation in Natural Monopoly Market

Question: Discuss about the Economics in Business for Regulation in Natural Monopoly Market. Answer: Introduction The focus of the essay is the discussion on natural monopoly. The market structure of natural monopoly is analysed to get an insight about the necessity of regulation of this market. A natural monopolist has the potential to supply product or service to the entire market at a lower cost than multiple firm can do (Bos, 2015). The difference between a monopolist and a natural monopolist is that they monopolist operates at the rising segment of the marginal cost curve as MC curve is the supply curve of the firm. On the other hand, a natural monopolist can operate at the falling region of average cost curve. Entry is automatically restricted in natural monopoly market due to its nature. The possible barriers that can restrict entry of new firm in the market are high start up cost, high sunk cost and many other reasons. A monopolist is a price setter rather than price taker. Natural monopoly may be weak or strong. In the market, where natural monopoly is strong, chances of entry is less and probability of new entry is high when natural monopoly is weak (Baldwin, Cave, Lodge, 2012). Monopolist tries to exploit market by charging higher price. Therefore, in order to correct market inefficiency, government regulations are required. The necessity of regulation in natural monopoly is thus discussed in this essay. Natural monopolist operates at the falling region of average cost curve, where the firm gets throughout economies of scale. Hence, the firm is able to produce a higher output at a lower price. However, this result does not happen in an unregulated market (Makholm, 2015). A monopolist charges a price higher than competitive price. In a monopoly market, there is absence of close substitute product or service. Hence, charging higher price excludes some customers from consume the product (Hovenkamp, 2015). Therefore, monopolists reach at the equilibrium level, by producing and supplying output less than socially desirable level. However, the market structure is such that entry is not attractive or new entrants are incapable to survive. The above figure shows that natural monopolist produces output at the intersection point of marginal revenue and marginal cost curve. The firm operates at the falling portion of the marginal cost curve. In an unregulated monopoly market, the firm charges price much higher than its marginal cost exercising its monopoly power (Joskow Wolfram, 2012). Benefits of natural monopolist As the firm is single producer in the market, it can provide entire output at a lower cost than multiple firms could do. Due to lower operating cost, the firm gets economies of scale in production process. Economies of scale are obtained by firms, when inputs exhibit increasing returns to scale (Hillman Braeutigam, 2012).It means that, the firm is able to produce a large output with using a smaller unit of inputs. Therefore, variable cost becomes lower although the production. As stated by Nepal, Menezes Jamasb (2014), natural monopoly may be strong or weak. A strong natural monopolist has decreasing average cost, whereas a weak monopolist has increasing average cost. A weak monopolist finds itself in a position that it cannot be able to restrict the entry of new firm in the presence of supernormal profit (Vikharev, 2013). Therefore, this kind of natural monopoly is unsustainable in long run. Price regulation is desirable for the sustainability of weak monopoly in the market. A strong monopolist can operate at the point, where the average cost curve still declines to cut the average revenue. Therefore, it naturally restricts the entry of new firm in the market, as it becomes difficult for a new firm to compete with a cost efficient firm with high initial cost structure (Minamihashi, 2012). Costs in unregulated natural monopoly market In an unregulated monopoly market, the firm charges price much higher than its marginal cost exercising its monopoly power. The price is set as per average revenue. This price output decision reduces social welfare. The price charged in an unregulated monopoly is higher than competitive price and output is less than the competitive output (Carvalho Marques, 2014). Hence, the government decides to regulate the market in order to bring efficiency in production and resource allocation and to maximise consumer welfare. Deadweight loss is created in the unregulated market due to charging higher price. A portion of consumer surplus is lost, which even cannot be appropriated by the monopolist (Minamihashi, 2012). Triangle AED in the figure is deadweight loss in an unregulated monopoly. Need for price regulation by government As shown in the figure, market failure occurs in the natural monopoly due to inefficient allocation of goods and services in the economy. A higher level of output can be produced by the firm, which can make consumer better off. Therefore, government has two options to regulate the market. One is average cost pricing and other is marginal cost pricing (Vikharev, 2013). Marginal cost pricing is done by setting price level at the intersection point of average revenue and long run marginal cost. This output is even greater than competitive output. Price is also lower than competitive price. This is the output that maximises consumer welfare. However, this price is optimal for the monopolist. At this level, price is lower than the long run average cost. As P LRAC firm makes loss in the long run. Therefore, it is unprofitable for the firm to operate in long run. The firm would be compelled to shut down plant (Hillman Braeutigam, 2012). In this situation government needs to provide subsid y to keep the firm in operation. Marginal cost pricing is costly for the natural monopolist. Another option for the government is average cost pricing. Price is set at the intersection of long run average cost and average revenue. AR = AC implies TR = TC, which indicates that firm earns only normal profit by operating at this level. The output at this level is greater than unregulated output Qm and price is less than unregulated price Pm. Although, the firm is not getting supernormal profit, it is not making loss even. Therefore, both consumer and producer welfare can be maximised at this level. Hence, among the three situation, average cost pricing is socially optimal as it maximises both production and allocation efficiency(Baldwin, Cave, Lodge, 2012). Examples of natural monopoly Example of natural monopoly is seen in the economy in the market of public utility such as railways, electricity, water supply, telecommunication and others. Government allows natural monopoly but intervene to protect consumer interest. A single utility company can supply power lines, electricity in the cities, as the operation requires high fixed cost (Makholm, 2015). The nature of demand is such that cities do not allow multiple companies to operate. Joskow Wolfram (2012) stated that natural monopoly exists where there are large fixed cost and low marginal cost. Marginal cost pricing is undesirable due to having negative externality. Natural monopoly creates market failure in the presence of imperfect market information and inefficient resource allocation. Hovenkamp (2015) argued that market failure is likely to occur in the network industry. These types of industries are capital intensive and require huge investment at the start up level. Sunk cost is also high in this industry. Most of assets used in this sector is durable and hence creates high barrier to entry. Railways in UK are an example of natural monopoly, where government regulates the market through price discrimination policy. Government regulates the railway fare for longer distance tickets so that the operators cannot increase fare above the price floor (Strether, 2014). On the other hand, the operators have freedom to charge higher price for unregulated types of tickets. Here, the concept of cross subsidy is applied by the government. Cross subsidisation refers that a firm charges price lower than operating cost to a group of customer and financed by charging high price to other group of customers. It happens in an industry that a supplier concentrates on an area where cost of supply is the lowest (Hillman Braeutigam, 2012). Low cost production generates profits to allow entry of new firms in the market. Therefore, there is possibility that competitors may enter into the market. Therefore, firm cannot sustain in the market without legislative protection by government. Peak load pricing is another option for natural monopolist to generate high profits. A firm can charge high price for a service or product, when demand is high and charges lower price when demand is low. This strategy enables the firm to use production capacity effectively. Carvalho Marques (2014) opined that technological up gradation in production leads to transformation of natural monopoly into competitive market. Technological development has made telecommunication industry more competitive in recent times. Technological improvements can decrease operating by bringing efficiency in production. Technology improves productivity of the inputs by ensuring increasing returns to scale (Vikharev, 2013). Therefore, firm can produce large output with minimum cost generating super normal profit as the marginal cost of production is falling. Existence of super normal profit in the market induces external firms to enter into the market. Therefore, external forces can break natural monopoly and produces socially inefficient output. Government intervention can correct the market failure in this situation (Carvalho Marques, 2014). Government can use price ceiling strategy to set the price at the level of average cost incurred by existing firm. The firm earn only normal profit at this level. Hence, there will be no incentive for other firms to enter into the market. The existing firm can freely operate in the market by producing socially optimal output same as competitive level without making loss. This king of regulation restricts competition and maximises social welfare as well. Conclusion The essay presents an extensive analysis on natural monopoly. It has been seen that monopolist generally maximises profit by producing output where marginal cost curve cuts the marginal revenue curve. However, price is set according to the average revenue and not by marginal revenue. The firm exploits consumer surplus in this way and a portion of consumer surplus results in deadweight loss, which is achieved neither by sellers nor by the consumers. This high price has a social cost as some customers are not able to buy the product due to high price and lack of substitute goods in the market. In order to correct the market failure, government may two decisions such as marginal cost pricing and average cost pricing. If the price is regulated to set at the level where, long run marginal cost equates with average revenue curve, firm makes loss as average cost is less than price and marginal cost. Therefore, only government subsidy can keep the firm in business, however, this is not the optimal solution. Therefore, another option is average cost pricing. Government regulates the market so that the firm can set price equal to the average cost and average revenue, where the firm can earn only normal profit. Competitive price and output, both are better in the regulated market compared to the unregulated one. Natural monopoly exists in the sector of public utilities such as electricity, railways, waterways, and telecommunication. Natural monopoly can be seen in both public and private sector. It has been studied that technological progress supports the existence of natural monopoly in the presence of government regulation. References Baldwin, R., Cave, M., Lodge, M. (2012). Understanding regulation: theory, strategy, and practice. Oxford University Press on Demand. Bos, D. (2015). Pricing and price regulation an economic theory for public enterprises and public utilities (Vol. (Vol. 34). ). Elsevier. Carvalho, P., Marques, R. C. (2014). Computing economies of vertical integration, economies of scope and economies of scale using partial frontier nonparametric methods. European Journal of Operational Research, 234(1), 292-307. Hillman, J. J., Braeutigam, R. (2012). Price level regulation for diversified public utilities (Vol. (Vol. 5)). Springer Science Business Media. Hovenkamp, H. ( 2015). Federal Antitrust Policy, The Law of Competition and Its Practice. West Academic. Joskow, P. L., Wolfram, C. D. ( 2012). Dynamic pricing of electricity. The American Economic Review, 102(3), 381-385. Makholm, J. D. (2015). Regulation of natural gas in the United States, Canada, and Europe: Prospects for a low carbon fuel. Review of Environmental Economics and Policy, reu017. Minamihashi, N. ( 2012). Natural monopoly and distorted competition: evidence from unbundling fiber-optic networks. Nepal, R., Menezes, F., Jamasb, T. (2014). Network regulation and regulatory institutional reform: Revisiting the case of Australia. Energy Policy, 73,, 259-268. Strether, L. (. (2014). UK Rail Shows Pitfalls of Natural Monopoly Privatization. Retrieved December 25, 2016, from www.nakedcapitalism.com: https://www.nakedcapitalism.com/2014/08/uk-rail-shows-pitfalls-natural-monopoly-privatization.html Vikharev, S. (2013). Mathematical modeling of development and reconciling cooperation programs between natural monopoly and regional authorities.