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Trends in Contemporary Society - Essay ExampleThis will be followed by an exploration of the cellular phone and its relevance today. Looking at the trend of banning cell phone use while driving, this section will explore the ways in which the cellular phone is perceived of as a hazard while driving. Finally, we explore television as the most ubiquitous technological phenomenon and the ways in which this media helps further democracy and free thought. Significantly, technological trends are at the forefront of social change and the following will explore a multitude of technological trends and look at their social significance.iPod, through its parent company Apple Computers, has fundamentally transformed the ways in which people listen to music. Whether it is through the Ipod personal audio system, downloaded tracks through iTunes, or through the highly popular innovation of the iPhone, Apple has successfully appealed to its target demographic through a variety of innovative means.

Explain how firms try to extract consumer surplus using two-part tariffs - Essay ExampleConsumer Surplus and two part tariffs Monopolist firms are always associated to price discrimination and two-part pricing. Monopoly market structure is a form of market structure in which there is only one consumer and several producers. The monopolists are able to effect two part tariffs because they have the market power and because the consumers have inelastic demand curve. Market power, on the other hand, refers to the firm’s ability to raise the price of a commodity in the market over the marginal cost of producing the good in order to increase profit. The monopolists who act as price makers in the market without losing their customers or decreasing their sales majorly enjoys market power. The goods produced in these markets are very essential to people and that is why they still purchase the goods when their prices increase (Perloff, 2012). Market power is majorly brought about by barriers to entry to the new firms by monopolists.

Does heredity affect your personality, or is it your environment. Many psychologists have been back and forth on this question for years. Both of them can affect your behavior and development, but which one affects it the most? Heredity and environment are both leading causes of how a human being acts, and functions. From the heredity standpoint, however, it is proven that heredity does play a part in a person’s development and behavior.In a twin study, they proved that identical (monozygotic) children have more similarities living together and being separated and living with two different families than the fraternal (dizygotic) twins that are raised together in the same home. Having the same genes that your parents have, such as: eye color, skin color, and hair color somehow means that you have a partial genetic makeup as your parent, which could mean that you could also inherit their development and behavior. From an environmental standpoint, they also make a logical point.Effects of early nutrition and toxic substances can also affect a person’s development and behavior.