Enabling Learning and Assessment - 3424 Words

Unit 16 Enabling Learning and Assessment Assessment offers the chance for invaluable feedback to be given to learners therefore offering an opportunity for learners to achieve progression and the ability to monitor and take control of their own learning. Assessment also offers the opportunity not only for the progression of learners but also for the progression of institutions, Ysseldake(2010) supports this argument â€Å"Assessment is a process of collecting data for the purpose of making decisions about students or schools...† Here Ysseldake(2010) is arguing that assessment offers the opportunity for institutions to monitor their own progression and success rate through the collation of assessment data.†¦show more content†¦Eventually once the learners have completed their hairdressing log books, they are presented to an external verifier. Again the same process occurs. Task 2 All Learners are given access to the assessment rules, regulations and criteria at the beginning of their course. My awarding body is City and Guilds, if ever the learners disagree with my assessment decisions; they have the right to appeal to them. I believe my assessment methods to be fair, valid, reliable and they have been set at an appropriate level for the qualification they have been offered. I need to make assessment and learning opportunities available to all my learners. It is my responsibility to ensure the facilities within the learning environment are accessible for all my learners. Disabled learners needs are taken into account, and arrangements are put in place ready for their assessments. I have been responsible for teaching a deaf learner, I have particularly been aware of facing the learner whilst talking to them, and talking at a natural speed. This learner required handouts in advance, including diagrams images. To enable her to have ample time to prepare for assessments and clarify her understanding. I use a range of assessment methods to aid my learner’s diverse knowledge skills and academic backgrounds. I have discovered that by pairing a weaker learner with a more proficient learner enabled both learners to benefit from the usage of peer assessment. A high proportionShow MoreRelatedEnabling Learning Through Assessment1705 Words   |  7 Pages3D Enabling Learning Through Assessment Part A Learning is something that everybody does, be it in the classroom or outside of it. Learning is an active ‘meaning-making process. Only information that has been structured and organised by the learner can pass into the long-term memory and then be used in real life. In order to achieve goals and progress in life we need to learn, be it every day survival skills or acquiring academic knowledge. To determine how much we already know or to determineRead Moreenabling learning and assessment Essay2013 Words   |  9 Pages Title Enabling learning and assessment Assessment is essential in teaching throughout any subject or course in practical and theory work. First initial assessment is used to ensure students are on the correct course. Once learning starts differentiated formative assessments are carried out throughout ending with summative assessment which usually warrants a grade or a pass. Due to the importance of assessment in teaching it helps to use VACSR to insure all elements are covered. VACSRRead MoreEnabling Learning and Assessment Essay3396 Words   |  14 PagesUnit 3 Enabling Learning and Assessment (Third Draft) By Faisal Ayub INDEX Page 1. Introduction 3 2. Essay: How assessment and feedback fit into my own teaching practice 4 3. Report on two assessment activities 10 4. Report’s support documentation 12 5. Observation of one assessment activity 13 6. Reflective account 14 7. References 16 1. Introduction The aim of this unit is to reflect upon, justify and evaluate my own assessmentRead MoreEnabling Learning and Assessment Essay2590 Words   |  11 PagesEnabling Learning and Assessment Assessment activities Two of the assessment activities that I use are Worksheets (or written questions) and photographic evidence. These assessment activities are the most commonly found within my level 1 group. Worksheets within my area are a very versatile way of collecting information from the student, they can contain short answer questions, multiple choice questions etc. Worksheets are extremely valid because they are usually created by the awarding bodyRead MoreUnit 3: Enabling Learning and Assessment2190 Words   |  9 PagesAssignment Unit 3: Enabling Learning and Assessment Karen Dennison, 295607 May 2011 There are many reasons why students are assessed and this first section summarises some of the key benefits to students, institutions and teachers as suggested by Race et al (2005). In order to gain qualifications or complete a course, students will be required to prove their competence, knowledge or exposition of a skill, usually through the use of assessments to demonstrate that learning has taken place.Read MoreEssay about Enabling Learning Through Assessment1414 Words   |  6 PagesEnabling Learning through Assessment To enable learning is to equip and facilitate the learner with all the necessary skills required to understand and retain knowledge. One way in which the teacher can ensure that learning has taken place is through the medium of assessment – to evaluate what the learner has taken on board. Assessment methods help form a vital stage of a learner’s journey helping them to draw on skills they have acquired, and aids in the consolidation of the knowledge learntRead MoreDttls Unit 2 – Planning and Enabling Learning Essay952 Words   |  4 PagesDTTLS UNIT 2 – Planning and Enabling Learning Theory Assignment Selected Research – Rationale Methodology I am constantly undertaking research that will improve my teaching skills and this research has been ongoing for ten years. When undertaking the research for this particular assignment, I identified key words and phrases associated with the topic ‘Planning and Enabling Learning’. I used ‘Safari’ ‘Firefox’ web browsers and utilised ‘Google Scholar’ and ‘Yahoo’ search engines. Read MoreExplain How to Plan Essay1008 Words   |  5 PagesPrinciples and Practices of Assessment Q1 - Explain the Function of assessment in learning and development The assessment cycle continues until all aspects of the qualification have been achieved by the learner:- Initial assessment – Prior knowledge of the subject to determine teaching style. Assessment planning – agree what types and methods of assessments are to take place Assessment Activity – what methods, e.g. observational/ assignments/ questioning Assessment decisions and feedback – judgeRead MoreMethods in Performing Assessment962 Words   |  4 Pages A) Principles of assessments. B) Peer and self assessment. C) Feedback and questioning. D) Types of assessment records. Principles of assessments VALIDITY A valid form of assessment measures what it supposes to be measured. â€Å"A valid assessment must also assess a sample of the abilities that are required in the curriculum† (Ian Reece, 2007, teaching, training and learning) Fairness: Fairness censures that everyone has an equal chance of getting a good assessment. â€Å"All learners areRead MorePlanning and Enabling Learning/ Dtlls Unit 1 Essay1417 Words   |  6 PagesPlanning and Enabling Learning This assignment will be looking at four key areas in the planning and enabling learning unit. It will define the different sections of the module from negotiating with the Learner, inclusive learning, functional skills and concluding with communication. It will show that through research, I have been able to demonstrate that I have an understanding of how planning and enabling learning relates to the practical and theoretical side of teaching. How I am able to cater

The Effects of Teen Pregnancy - 1953 Words

The Effects of Teen Pregnancy Tiffany Laubach Kaplan University CM 220-57 Professor Campos February 12, 2012 The Effects of Teen Pregnancy Are Americans effectively discussing the topic of teen pregnancy? â€Å"According to research in 2009 approximately 410,000 births occurred among teens aged 15-19 in the United States of America.† (Razol, Warner, Gavin, Callaghan, Sptiz, Anderson, Barfield, Kahn, 2011,  ¶6) Therefore, the United States of America ranks number one among all other countries and teen pregnancy is a vital issue that needs to be dealt with. Many teens today are not aware of how big the responsibility is to raise a child. Raising a child today involves a lot of patience and sacrifices that a teen does not have. Teenage pregnancy†¦show more content†¦While the facts are clear, the issues of teen pregnancy are complicated by our attitudes and behaviors.† (Christensen amp; Rosen, 1996  ¶ 1) Americans need to step up and get a handle on the issue of teen pregnancy. Television shows like 16 and Pregnant and Teen Mom display a message that being a teen pare nt is easy. However these shows are edited and do not show the everyday effects that it has on teen parents. Americans need to step up and educate teens on how to prevent pregnancy. Abstinence only education is currently not working, therefore we need to educate teens about birth control and how to safely protect themselves when having sex. Educate them on where they can go to receive contraceptives and information on how to use them properly. References Christensen, S., amp; Rosen, A. (1996). Information About Children amp; Families. Retrieved from http://community.michiana.org/famconn/teenpreg.html Hoffman, S.D., (2006). By the Numbers: The Public Costs of Adolescent Childbearing. , The National Campaign to Prevent Teen Pregnancy. Retrieved from†¦ Kohli, V., amp; Nyberg , K. (1995, June). Teen Pregnancy Prevention Through Education. Retrieved from http://www.csus.edu/calst/government_affairs/reports/Teen_Pregnancy_Prevention_Through_Education.pdf Margret, H. (2010). Psychological Effects of Teenage Pregnancy. Retrieved from http://www.ehow.com/list_6008163_psychological-effects-teenage-pregnancy.html Teenage pregnancyShow MoreRelatedTeen Pregnancy And Its Effects1732 Words   |  7 PagesTeen pregnancy and resulting births present/cause many (related to social pressure, how people act toward each other, etc.) challenges, and as a result require the total (of everything or everyone) efforts of many to provide solutions. Teen pregnancy has been thought about/believed a social ill for centuries in the United States and has always challenged moral and (honest and right) thoughts and feelings. The money-based costs of teens giving birth are significant, and there are many forcing/forceful/interestingRead MoreEffects Of Teen Pregnancy On Teenage Pregnancy1620 Words   |  7 Pagesâ€Å"Teen childbearing is associated with negative consequences for the adolescent parents, their children, and society,† (The Office of Adolescent Health, U.S. Department of Health and Human Services). Teenage females associated with childbearing expose themselves to many risks and negative effects that can affect their future. Females result with many consequences due to teenage pregnancy. This paper will strictly focus on the effects females experience through teenage pregnancy. The reader will beRead MoreEffects Of Teen Pregnancy On Teens1643 Words   |  7 PagesEvery teen has dream about how they want to graduate from high school and then go to college, but some teens are not willing to take the challenge. Some of these teens want to drop out of high school and other teens want to keep furthering their education. For some there are obstacle that life throw at them to be able to accomplish their goals. Earning an education is challenging enough, but when there is a teen parent trying to finish their education it becomes more difficult than it would beRead MoreThe Effects Of Teen Pregnancy On Teens978 Words   |  4 Pagesare getting younger in age, and the birth rate is rising higher. Mississippi has the highest birth rates in teen pregnancy, and has held this title fo r the past few years. This problem has had such a rise to fame because this is a problem that can be prevented. Parents and communities should take action to help lower the teen pregnancy birth rate in Mississippi. Since the birth rate in teens is so high that means there is more need of government assistance. This becomes such a problem in states becauseRead MoreThe Effects Of Teen Pregnancy On Teenage Pregnancy1850 Words   |  8 Pageson preventing teen pregnancy. This paper will attempt to describe the research surrounding sex education, mostly abstinence education and the importance of contraceptive. The discussion surrounding sex education will focus not only on current research findings, but also on the truth of the research that has produced different and often conflicting results. Finally, this essay will discuss programs that focus on the role of boys and their importance in teen pregnancy. Teen pregnancy create many socialRead MoreThe Effects Of Teen Pregnancy On Teens2250 Words   |  9 PagesTeen pregnancy is something that has become so common for these past years. Some teens that engage in premarital sex are lucky enough to not end up pregnant, but there are those who are not as fortunate. â€Å"3 in 10 teen American girls will get pregnant at least once before age 20. That’s nearly 750,000 teen pregnancies every year† (11 Facts about Teen Pregnancy). Most of these teens probably think that it won’t happen to them, so they don’t play it safe, but what they don’t realize, is that oneRead MoreTeen Pregnancy And Its Effect On Children855 Words   |  4 PagesTeen pregnancy has been an ongoing social issue in the United States for many of years. Although the rate of teen pregnancy has decreased since the 90s, the United States is still the highest among industrialized nations. The US ranks at one and a half times higher than Gre at Britain, three times higher than Canada, seven times higher than Denmark and Sweden, and eight times higher than Japan (Azar 1). Society considers teenage pregnancies a problem because they believe teenagers are not emotionallyRead MoreCause and Effect of Teen Pregnancy1043 Words   |  4 PagesCause and effect of teen pregnancy Teenagers suffering health problems is high Many teenagers will try to hide the pregnancy from their parents and teachers, in doing this they do not get the initial medical attention required during the first months of pregnancy. It is estimated that 33% of teenage pregnancy fail to receive necessary prenatal care. The lack of prenatal care leads to increased risk of anemia, miscarriage, and high blood pressure to the teenager. Many teenagers will hide theirRead MoreThe Negative Effects of Teen Pregnancy1085 Words   |  5 PagesThere are different effects on teenage mothers than there is on teenage fathers. Mothers lose more friends and are looked at way differently; fathers keep most of their friends without too many people having an opinion about him. After the mother has her baby, she can’t go back to school, so she has to be put on homebound. The father can go to school, can play sports, and can have fun with his friends. Both the mother and the father have responsibility, but the mother has to do more, like work toRead MoreThe Effects Of Media On Teen Pregnancy1085 Words   |  5 Pages I came across an article that explains that the reality TV series â€Å"Teen Mom† and â€Å"16 and Pregnant† has spiked the rate of pregnant teens around 2006 and 2007 when the producers launched the first show 16 and pregnant. This lead to questioning if the hit TV show was affecting the young viewers sexual habits. Parents should enforce what their kids watch on TV, parents definitely have a say in what their underage kids can and can’t watch. There is evidence that raises concerns on sexual behavior.

Biological Explanations of Criminal Behavior free essay sample

Explanations of Criminal Behavior Nature and nurture contribute to the way a person behaves. This can be applied to the behaviors of criminals. According to Fishbein (1990, pg. 37), â€Å"behavior [is] primarily attributed to inherited predispositions and genetic influences. † Nurture is the environmental influence that shape human behavior (Fishbein, 1990, pg. 37). Human genetics and environmental factors contribute to the uniqueness to a person’s behavior. However, there are underlying qualities in a criminal’s historical background. Aspects of the nature and nurturing of a criminal behavior includes some problems with earlier biological explanations and some recent biological explanations which have overcome the weaknesses of the earlier ones. These two aspects can be applied in criminology for the prevention of the development of criminal minds. Early biological explanations of criminal behavior had two different perspectives which came from the classical school and the positive school. Before the classical school, an offender was said to be guilty unless proven innocent. Whether proven guilty or innocent, torture was implicated upon the accused (Cartwright, 2009). Cesare Becarria and Jeremy Bentham were the early criminologists that were opposed to this treatment. They argued that the punishments and death penalty of an accused person were harsh and inappropriate. The accused that were guilty were tortured twice as much as the people proven innocent. Nonetheless, the innocent were still tortured. Becarria thought that the death penalty was unfair because it went against an individual’s freedom and social contract (Sacco amp; Kennedy, 2008, pg. 113). Before the classical school, criminal offences and punishments were not written down. Therefore, people of authority would execute them as they pleased. This is when Becarria thought that there should be specific criminal codes that state the legalities and illegalities of criminal actions and just punishments (Cartwright, 2009). Becarria had also mentioned that in order for a punishment to be effective, offenders should be punished in public. This would show civilians the consequences of criminal offences and therefore deter them from attempting to break the law. Jeremy Bentham stated that people committed crimes because they made rational choices and exercised free will. This meant that society could do as they wish (Cartwright, 2009). In Bentham’s point of view, an offender was â€Å"a kind of rational calculator seeking to maximize pleasure and minimize pain†¦a person commits crimes when the pleasure promised by the offense outweighs the pain that the law threatens† (Sacco amp; Kennedy, 2008, pg. 113). This is way of thinking is called hedonism. In the positive school, the three main members were Cesarae Lombroso, Enrico Ferri, and Raffaele Garofalo. The positive school explained criminal behavior through scientific methods which involved determinism (Sacco amp; Kennedy, 2008, pg. 14). The positive school believed that human behavior was predetermined and the cause of this was hereditary (Cartwright, 1990). Lombroso, the father of modern criminology and founder of the positive school, based his arguments through biological factors. According to Sacco and Kennedy (2008, pg. 114) Lombroso believed there was such thing as an â€Å" atavistic criminal† which were offenders that were â€Å"less likely to conform to the demands of contemporary social life because they reflected a more primitive human condition. Enrico Ferri was not a believer of free will. Instead, he based his arguments on society, economy and political factors (Cartwright, 2009). Ferri believed that status in society, economical backgrounds, and political factors could lead to whether someone can behave criminally or not. As for Raffaele Garofalo, he argued that crimes were against the law of nature and compared criminals to parasites and the society to an organic body (Cartwright, 2009). The criminals will commit crimes that are not â€Å"natural†. Ferri also compared criminals to diseases which should be removed or executed. The classical school and positive school were considered as early biological explanations to the development of criminal minds. According to Sacco and Kennedy (2008, pg. 116) the recent biological explanations are different compared to the earlier biological explanations in several ways. The recent explanation is concentrated more on genetic factors. Additionally, â€Å"the impact of biological factors is mediated by the social environment† (Sacco amp; Kennedy, 2008, pg. 116). There are four main approaches that have overcome the weaknesses of the earlier biological explanations: the general pedigree studies, twin studies, adoption studies, and karyotype studies. The general pedigree studies involve people that are related to one another to see if they behave in similar ways. These studies show that people who manifest criminal behaviour are more likely to have offspring that do the same (Cartwright, 2009). However, evidence for the causality of criminal behaviour by genetics is lacking. Other factors that are environmental and accumulative should be considered (Cartwright, 2009). Twin studies on the other hand, avoid the problem that the pedigree studies face. In twin studies, monozygotic (MZ) twins and dizygotic (DZ) twins are tested. According to Fishbein (1990, pg. 54), MZ twins inherit one hundred percent of their parents genes whereas DZ twins only inherit fifty percent. Studies have shown that if an MZ is involved in a criminal behavior, the other twin will also be involved in a criminal behavior. On the other hand, DZ twins will show less of these behavior similarities (Cartwright, 2009). Monozygotic twins raised in similar environments should act in concordance. Concordance is â€Å"a quantitative measure of the degree to which the observed behavior or trait of one twin matches that of the other† (Sacco amp; Kennedy, 2008, pg. 118). Adoption studies are another way to research the effectiveness of genetics on behaviour. Researchers have stated that if the adopted child engages a criminal behavior, then this is a result of genes inherited from the biological parents (Sacco amp; Kennedy, 2008, pg. 119). However, if the adopted child does not display criminal behavior, then it is the environment that has influenced the child. The last approach is the karyotype studies which examine an individual’s chromosomal shape, size, and abundance. Sacco and Kennedy (2008, pg. 119) mentioned that in male criminals, â€Å"the Y chromosome [had] a higher than expected probability of being larger† and that XYY karyotype is very rare. As for women, there is premenstrual syndrome (PMS) hypothesis. This is when women criminals are most likely to offend during their menstrual cycle due to instability of the hormones (Sacco amp; Kennedy, 2008, pg. 119). Through the general pedigree studies, twin studies, adoption students and karyotype studies, criminologists are able to support the effectiveness of nature on the progression of the criminal mind. Upon these two aspects, the earlier and recent biological explanations could be a value to modern day criminologists. Criminologists are able to apply the biological influences that lead to criminal behavior into their work (Fishbein, 1990, pg. 36). As a result to the earlier biological explanations, the disciplinary actions in the classical school can be withheld until the accused have been proven guilty. The positive school can have an effect to criminologists because the government can provide ways to acquire education and jobs to people (Cartwright, 2009). This way, people would not have to choose the criminal path just to get pleasure or money. Recent biological explanations can have the criminologists integrate what they learn into the education system where there is an emphasis on having a healthy environment for children. Despite genetics, children can still grow up not attempting to engage in criminal acts. Nature and nurture have contributed to the early and recent biological explanations of human behavior. The overall problem with earlier biological explanations is that both the classical school and positive school argue that environmental factors have a direct connection to crime (Sacco amp; Kennedy, 2008, pg. 116). The earlier biological explanations may not be a complete way to determine causes to criminal behavior. The recent biological explanations have further built detailed and precise reasons as to why offenders behave the way they do. The scientific experimentation and case studies have lead to the four main approaches: general pedigree studies, twin studies, adoption studies, and karyotype studies. These are all under the umbrella of genetic contributions. These factors can have a value to criminologists to build upon on their further studies to prevent the development of criminal minds. References Cartwright, B. (2009). Criminology 101 lecture on Biological, Psychological and Sociological Theories of Crime, delivered at Simon Fraser University on October 8, 2009. Fishbein, D. H. (1990). Biological Perspectives in Criminology. Criminology, 28(1), 27-72. Sacco, V. F. amp; Kennedy, L. W. (2008). Psychological Conditions and Criminal Motivations. The Criminal Event: An Introduction to Criminology in Canada

Supply And Demand Essay Example For Students

Supply And Demand Essay Supply Demand In this article it went into great detail about Supply , Demand and Equilibrium of Pokemon Cards. The article explained how during Christmas there was a flood of Pokemon Cards to the Market Place the area within which buyers and sellers of a good or service interact and engage in exchange. It stated how the Supply set of quantities of a good or service per unit of time that sellers would be willing to place on the market at various alternative prices of an item or other things being equal , increase rapidly this being called a Supply Shock. It then went into details that if the market was flooded with these Pokemon cards at Christmas the n the price value of the cards would drop. But not necessarily because of Demand amounts of a product that consumers are willing and able to buy at each price in a set of possible prices at a time. We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now If the kids that received Pokemon for Christmas are new to the market then there might be a shift in demand, unlike the kids that have already been into the market with Pokemon Cards. So there could be a rise in the price or a decrease depending on the demand. The article illustrates greatly on the Quantity Supplied amount of a good or service that people are willing to sell, Quantity Demanded amount of a good or service that people are willing to purchase. Supply Curve as prices rise the quantity that people are willing to sell rises (Law of Supply). Demand Curve as prices rise the quantity that people are willing to buy falls (Law of Demand). Equilibrium reached when supply equals quantity demanded. Economics Essays . Supply And Demand Essay Example For Students Supply And Demand Essay Recent medical advances have greatly enhanced the ability to successfully transplant organs and tissue. Forty-five years ago the first successful kidney transplant was performed in the United States, followed twenty years later by the first heart transplant. Statistics from the United Network for Organ Sharing (ONOS) indicate that in 1998 a total of 20,961 transplants were performed in the United States. Although the number of transplants has risen sharply in recent years, the demand for organs far outweighs the supply. To date, more than 65,000 people are on the national organ transplant waiting list and about 4,000 of them will die this year- about 11 every day- while waiting for a chance to extend their life through organ donation (Yoakam 1). We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now This figure, when looked at from an economic standpoint, exemplifies a case of Supply And Demand Essay between organ donors and patients with a diseased organ. Just as there is a supply and demand in any given market, there are also complementary and substitute goods. Who decides who gets transplants and who doesnt? This question implies that the organ market also needs to have various, effective allocation mechanisms. The organ market has complementary and substitute goods and can use various effective allocation mechanisms. A person that receives an organ transplant almost always requires several complementary goods. One obvious good is the medical care received for the actual transplant and for follow-up doctors visits. For most people who undergo an organ or tissue transplant the quality of their life and general overall health improves following the transplant. Persons who receive a transplant are frequently required to take a series of medications that suppress their immune system and prevent their body from rejecting the newly acquired organ. They often will need to undergo frequent medical visits and testing to monitor the transplanted organ. At times, the organ transplant will be unsuccessful and the organ may need to be removed. These people will be placed back on the waiting list for another organ (Yoakam). Two more goods are the medication to prevent rejection and (assuming the patient has insurance) payments made by the patients insurance company for the patients care. The donors family is not responsible for the costs incurred through organ donation. The recipient, most times through their insurance carrier or Medicare pays for all of the costs related to the donation of organs and tissue. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the complementary good will decrease. The converse of a complementary good is a substitute good. In the organ market, a substitute good really depends on what organ is being considered. People with diseased livers are particularly at risk because there is no medical alternative to transplantation for keeping a patientalive. The only two obvious substitute goods for a liver transplant would be extensive medical care and pain medications. On the other hand, someone with diseased kidneys has more options. One obvious option would be dialysis. But, when looked at as a whole, the organ market does have substitute goods. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the substitute good will increase. Since the National Organ Transplant Act of 1984 prevents a monetary price from being placed on a donated organ, effective allocation mechanisms must be utilized. Allocation mechanisms must be accessed because the shortage of supply compared to the demand. In any market, allocation mechanisms rely on many factors but some include friendships, under the table payments, predicted profit, and personal biases. In the organ market, several allocation mechanisms come to mind. There is always the possibility that a particular patient has a family member or friend that is in the organ transplantation profession, and/or the family of the patient is able to pay-off someone in charge of the distribution of organs. In reality, these two mechanisms are frowned upon for their lack of morality. One real possibility for an allocation mechanism is to make a waiting list on a first-come first-served basis. .u28056004e9063e2ff5a52171b42df943 , .u28056004e9063e2ff5a52171b42df943 .postImageUrl , .u28056004e9063e2ff5a52171b42df943 .centered-text-area { min-height: 80px; position: relative; } .u28056004e9063e2ff5a52171b42df943 , .u28056004e9063e2ff5a52171b42df943:hover , .u28056004e9063e2ff5a52171b42df943:visited , .u28056004e9063e2ff5a52171b42df943:active { border:0!important; } .u28056004e9063e2ff5a52171b42df943 .clearfix:after { content: ""; display: table; clear: both; } .u28056004e9063e2ff5a52171b42df943 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u28056004e9063e2ff5a52171b42df943:active , .u28056004e9063e2ff5a52171b42df943:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u28056004e9063e2ff5a52171b42df943 .centered-text-area { width: 100%; position: relative ; } .u28056004e9063e2ff5a52171b42df943 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u28056004e9063e2ff5a52171b42df943 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u28056004e9063e2ff5a52171b42df943 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u28056004e9063e2ff5a52171b42df943:hover .ctaButton { background-color: #34495E!important; } .u28056004e9063e2ff5a52171b42df943 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u28056004e9063e2ff5a52171b42df943 .u28056004e9063e2ff5a52171b42df943-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u28056004e9063e2ff5a52171b42df943:after { content: ""; display: block; clear: both; } READ: Prostitution Essay This method would only be for those who, in a panel of doctors professional opinions, had a chance to survive after the transplant. . Supply And Demand Essay Example For Students Supply And Demand Essay Economics, Supply And Demand Essay In the article we find that teenagers have the oppertunity to be demanding about their salary in the baby sitting field, because the amount of babysitters today are scarce. The babysitting population, teenagers, find themselves busy with school, part time jobs, and extracirricular activity. Teenagers with drivers licenses are even more scarce than those with out, all in all, Its hard to find a babysitter. Times have changed, just twenty years ago there were 33 million children who needed to be watched, and 39 million babysitters(age 10 19), recent polls suggest that children that need to be watched raised 18 percent to 39 million while baby sitters dropped 5 percent to 37 million. The rise in children coupled with American families spending more time out then years ago, has allowed the babysitters to set their price with out haggeling. We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now Baby sitters are making well over the federal minimum wage of $5.15 an hour because they are in demand, and scarce; the babysitters who train in CPR, serve dinner, and drive are the hardest to come by and can demand the highest wages. In this article we see many examples of supply and damand and the powers of supply and demand. Babysitters are in demand, there is an increase in the amount of children who need to be watched yet there are relativly few who choose to babysit from the allready decreased amount of the babysitter work force. This gives the babysitter the advantage of a noncompetitive work force, allowing the baby sitter to set the price with out bargaining. If we were to compare two different production possibility frontiers, we would see a left shift of the curve while demand for baby sitters rises, from 1980 to 1996. In economics we concider this an inflation, the amount of resources(babysitters) decreased while the demand for them rose. This is what we would concider the begining of an econic problem because the resources are scarce. This resulted in an increase of price for that service. We also see that the most experienced, oldest, responcible, and best trained babysitters set the highest prices by up to 60% from a ;novice; sallery of $4 to a ;expert; sallery of $10 and consumers are willing to pay. A consumer is willing to pay that extra $6 an hour for the piece of mind they get when they go out and know that their children are being attending to in the best possible way, much like a consumer is willing to by name brand products for a higher price because they just ;feel; like its better. In the next two or three years the work force of the babysitters will grow, and so will the number of people under the age of 10, this will show a steady PPC with no signs of relief for the consumer. This article shows the power of supply and demand. 20 years ago when children under the age of 10 and baby sitters age 10-19 were both fewer, we saw more competition between the baby sitters resulting in price decreases. Today with fewer baby sitters, all with busy scheduals, and more young children we see the damand increase resulting in an increase of price. Economics . Supply And Demand Essay Example For Students Supply And Demand Essay On January 30, millions of televisions will be tuned in to the American Broadcast Companys live coverage of the Super Bowl. The three hour-plus event draws as many as 130 million viewers at one time. According to NFL Research, sixty eight percent of Super Bowl viewers say they pay attention to the commercials and fifty two percent said they discussed the ads the next day. With so many people watching the event, businesses see the Super Bowl as a golden opportunity to lure in profits by utilizing the commercial air time available. Due to the unlimited wants and limited resources, an economic condition called scarcity results. We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now Another economic principle, called investment, is exemplified in this article. Scarcity is a condition that exists because society has unlimited wants and needs, but there are limited resources for their satisfaction. During the three hour-plus football game, there will be opportunities for large businesses (and even some small businesses who have gambled on this form of advertising) to display their product or service to over a hundred million people. At an even greater expense, some companies are sponsoring pre-game, half-time, and post-game shows. Why does it cost so much money? Commercials during the Super Bowl are very powerful means of advertising. Companies can appeal to a larger audience by advertising during an event that is widely watched among all different groups. The commercials are also quite expensive because of the limited quantity. Advertising during the Super Bowl is a very smart investment. Investment is defined by the sacrifice of current benefits to pursue an activity with expectations of greater future benefits or rewards. Does this apply to the Super Bowl? Yes. Companies will dish out millions of dollars for 30-second blocks of air time. Some companies may even purchase more than that. The short term result is a loss of millions. That money invested in advertising, however, should return much more than that which was invested. The commercial air time during the Super Bowl is such a valuable commodity, that although it costs millions of dollars, those who invest in this form of advertising believe they will make a much greater profit in return. 380 Words Bibliography Catherine Valenti, (January 16,2000), War of the Web Sites, ABCNEWS.com, http://www.abcnews. go.com/sections/business/dailynews/superbowl_netads_000113.html Economics . Supply And Demand Essay Example For Students Supply And Demand Essay Economics, Supply And Demand Essay In the article we find that teenagers have the oppertunity to be demanding about their salary in the baby sitting field, because the amount of babysitters today are scarce. The babysitting population, teenagers, find themselves busy with school, part time jobs, and extracirricular activity. Teenagers with drivers licenses are even more scarce than those with out, all in all, Its hard to find a babysitter. Times have changed, just twenty years ago there were 33 million children who needed to be watched, and 39 million babysitters(age 10 19), recent polls suggest that children that need to be watched raised 18 percent to 39 million while baby sitters dropped 5 percent to 37 million. The rise in children coupled with American families spending more time out then years ago, has allowed the babysitters to set their price with out haggeling. We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now Baby sitters are making well over the federal minimum wage of $5.15 an hour because they are in demand, and scarce; the babysitters who train in CPR, serve dinner, and drive are the hardest to come by and can demand the highest wages. In this article we see many examples of supply and damand and the powers of supply and demand. Babysitters are in demand, there is an increase in the amount of children who need to be watched yet there are relativly few who choose to babysit from the allready decreased amount of the babysitter work force. This gives the babysitter the advantage of a noncompetitive work force, allowing the baby sitter to set the price with out bargaining. If we were to compare two different production possibility frontiers, we would see a left shift of the curve while demand for baby sitters rises, from 1980 to 1996. In economics we concider this an inflation, the amount of resources(babysitters) decreased while the demand for them rose. This is what we would concider the begining of an econic problem because the resources are scarce. This resulted in an increase of price for that service. We also see that the most experienced, oldest, responcible, and best trained babysitters set the highest prices by up to 60% from a novice sallery of $4 to a expert sallery of $10 and consumers are willing to pay. A consumer is willing to pay that extra $6 an hour for the piece of mind they get when they go out and know that their children are being attending to in the best possible way, much like a consumer is willing to by name brand products for a higher price because they just feel like its better. In the next two or three years the work force of the babysitters will grow, and so will the number of people under the age of 10, this will show a steady PPC with no signs of relief for the consumer. This article shows the power of supply and demand. 20 years ago when children under the age of 10 and baby sitters age 10-19 were both fewer, we saw more competition between the baby sitters resulting in price decreases. Today with fewer baby sitters, all with busy scheduals, and more young children we see the damand increase resulting in an increase of price. . Supply and Demand Essay Example For Students Supply and Demand Essay Recent medical advances have greatly enhanced the ability to successfully transplant organs and tissue. Forty-five years ago the first successful kidney transplant was performed in the United States, followed twenty years later by the first heart transplant. Statistics from the United Network for Organ Sharing (ONOS) indicate that in 1998 a total of 20,961 transplants were performed in the United States. Although the number of transplants has risen sharply in recent years, the demand for organs far outweighs the supply. To date, more than 65,000 people are on the national organ transplant waiting list and about 4,000 of them will die this year- about 11 every day- while waiting for a chance to extend their life through organ donation (Yoakam 1). This figure, when looked at from an economic standpoint, exemplifies a case of supply and demand between organ donors and patients with a diseased organ. Just as there is a supply and demand in any given market, there are also complementary a nd substitute goods. Who decides who gets transplants and who doesnt? This question implies that the organ market also needs to have various, effective allocation mechanisms. The organ market has complementary and substitute goods and can use various effective allocation mechanisms. We will write a custom essay on Supply and Demand specifically for you for only $16.38 $13.9/page Order now A person that receives an organ transplant almost always requires several complementary goods. One obvious good is the medical care received for the actual transplant and for follow-up doctors visits. For most people who undergo an organ or tissue transplant the quality of their life and general overall health improves following the transplant. Persons who receive a transplant are frequently required to take a series of medications that suppress their immune system and prevent their body from rejecting the newly acquired organ. They often will need to undergo frequent medical visits and testing to monitor the transplanted organ. At times, the organ transplant will be unsuccessful and the organ may need to be removed. These people will be placed back on the waiting list for another organ (Yoakam). Two more goods are the medication to prevent rejection and (assuming the patient has insurance) payments made by the patients insurance company for the patients care. The donors family is no t responsible for the costs incurred through organ donation. The recipient, most times through their insurance carrier or Medicare pays for all of the costs related to the donation of organs and tissue. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the complementary good will decrease. The converse of a complementary good is a substitute good. In the organ market, a substitute good really depends on what organ is being considered. People with diseased livers are particularly at risk because there is no medical alternative to transplantation for keeping a patientalive. The only two obvious substitute goods for a liver transplant would be extensive medical care and pain medications. On the other hand, someone with diseased kidneys has more options. One obvious option would be dialysis. But, when looked at as a whole, the organ market does have substitute goods. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the substitute good will increase. Since the National Organ Transplant Act of 1984 prevents a monetary price from being placed on a donated organ, effective allocation mechanisms must be utilized. Allocation mechanisms must be accessed because the shortage of supply compared to the demand. In any market, allocation mechanisms rely on many factors but some include friendships, under the table payments, predicted profit, and personal biases. .u5d0431394c7a424eca3d6070bb98fc08 , .u5d0431394c7a424eca3d6070bb98fc08 .postImageUrl , .u5d0431394c7a424eca3d6070bb98fc08 .centered-text-area { min-height: 80px; position: relative; } .u5d0431394c7a424eca3d6070bb98fc08 , .u5d0431394c7a424eca3d6070bb98fc08:hover , .u5d0431394c7a424eca3d6070bb98fc08:visited , .u5d0431394c7a424eca3d6070bb98fc08:active { border:0!important; } .u5d0431394c7a424eca3d6070bb98fc08 .clearfix:after { content: ""; display: table; clear: both; } .u5d0431394c7a424eca3d6070bb98fc08 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u5d0431394c7a424eca3d6070bb98fc08:active , .u5d0431394c7a424eca3d6070bb98fc08:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u5d0431394c7a424eca3d6070bb98fc08 .centered-text-area { width: 100%; position: relative ; } .u5d0431394c7a424eca3d6070bb98fc08 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u5d0431394c7a424eca3d6070bb98fc08 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u5d0431394c7a424eca3d6070bb98fc08 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u5d0431394c7a424eca3d6070bb98fc08:hover .ctaButton { background-color: #34495E!important; } .u5d0431394c7a424eca3d6070bb98fc08 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u5d0431394c7a424eca3d6070bb98fc08 .u5d0431394c7a424eca3d6070bb98fc08-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u5d0431394c7a424eca3d6070bb98fc08:after { content: ""; display: block; clear: both; } READ: The Grand About Reconstruction EssayIn the organ market, several allocation mechanisms come to mind. There is always the possibility that a particular patient has a family member or friend that is in the organ transplantation profession, and/or the family of the patient is able to pay-off someone in charge of the distribution of organs. In reality, these two mechanisms are frowned upon for their lack of morality. One real possibility for an allocation mechanism is to make a waiting list on a first-come first-served basis. This method would only be for those who, in a panel of doctors professional opinions, had a chance to survive after the transplant. In other words, those dying with cancer along with a diseased organ would not be on the list. During the week of April 14, 2000, National Oragan and Tissue Donor Awareness Week, the President of the United States gave a proclomation. In this he stated, To address this critical and growing need, Vice President Gore and Secretary of Health and Human Services Shalala launched the National Organ and Tissue Donation Initiative in December of 1997. This public-private partnership was designed to raise awareness of the success of organ and tissue transplanta-tion and to educate our citizens about the urgent need for increased donation. Working with partners such as health care organiza-tions, estate planning attorneys, faith communities, educational organizations, the media, minority organizations, and business leaders, the Initiative is reaching out to Americans of all ages, backgrounds, and races, asking them to consider donation. In its first year alone, the Initiative made a measurable impact, as organ don ation increased by 5.6 percent. Although morals can play a part in the organ market, economic principles are definitely present. All of the aforementioned material is based on ceteris paribus. Complementary and substitute goods are associated with the organ market. These goods, although varying with different organs, are affected by the price of organs just like any other market. Since there is a shortage of supply compared to the demand, allocation mechanisms are necessary. Some of these mechanisms can be morally bound. Since a persons life is on the line in this market, any dead-weight loss at all is a serious matter. One can only hope this market is more concerned for life than it is for economic benefits. Yoakam, Diane M. Organ Donation: The Gift of Life. 1999. http://www.healthatoz.com/atoz/readingroom/Organ.aspBibliography: Supply and Demand Essay Example For Students Supply and Demand Essay Recent medical advances have greatly enhanced the ability to successfully transplant organs and tissue. Forty-five years ago the first successful kidney transplant was performed in the United States, followed twenty years later by the first heart transplant. Statistics from the United Network for Organ Sharing (ONOS) indicate that in 1998 a total of 20,961 transplants were performed in the United States. Although the number of transplants has risen sharply in recent years, the demand for organs far outweighs the supply. To date, more than 65,000 people are on the national organ transplant waiting list and about 4,000 of them will die this year- about 11 every day- while waiting for a chance to extend their life through organ donation (Yoakam 1). We will write a custom essay on Supply and Demand specifically for you for only $16.38 $13.9/page Order now This figure, when looked at from an economic standpoint, exemplifies a case of Supply and Demand Essay between organ donors and patients with a diseased organ. Just as there is a supply and demand in any given market, there are also complementary and substitute goods. Who decides who gets transplants and who doesnt? This question implies that the organ market also needs to have various, effective allocation mechanisms. The organ market has complementary and substitute goods and can use various effective allocation mechanisms. A person that receives an organ transplant almost always requires several complementary goods. One obvious good is the medical care received for the actual transplant and for follow-up doctors visits. For most people who undergo an organ or tissue transplant the quality of their life and general overall health improves following the transplant. Persons who receive a transplant are frequently required to take a series of medications that suppress their immune system and prevent their body from rejecting the newly acquired organ. They often will need to undergo frequent medical visits and testing to monitor the transplanted organ. At times, the organ transplant will be unsuccessful and the organ may need to be removed. These people will be placed back on the waiting list for another organ (Yoakam). Two more goods are the medication to prevent rejection and (assuming the patient has insurance) payments made by the patients insurance company for the patients care. The donors family is not responsible for the costs incurred through organ donation. The recipient, most times through their insurance carrier or Medicare pays for all of the costs related to the donation of organs and tissue. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the complementary good will decrease. The converse of a complementary good is a substitute good. In the organ market, a substitute good really depends on what organ is being considered. People with diseased livers are particularly at risk because there is no medical alternative to transplantation for keeping a patientalive. The only two obvious substitute goods for a liver transplant would be extensive medical care and pain medications. On the other hand, someone with diseased kidneys has more options. One obvious option would be dialysis. But, when looked at as a whole, the organ market does have substitute goods. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the substitute good will increase. Since the National Organ Transplant Act of 1984 prevents a monetary price from being placed on a donated organ, effective allocation mechanisms must be utilized. Allocation mechanisms must be accessed because the shortage of supply compared to the demand. In any market, allocation mechanisms rely on many factors but some include friendships, under the table payments, predicted profit, and personal biases. In the organ market, several allocation mechanisms come to mind. There is always the possibility that a particular patient has a family member or friend that is in the organ transplantation profession, and/or the family of the patient is able to pay-off someone in charge of the distribution of organs. In reality, these two mechanisms are frowned upon for their lack of morality. One real possibility for an allocation mechanism is to make a waiting list on a first-come first-served basis. .u18c262fea2f8da34beb16c4a3e3103fb , .u18c262fea2f8da34beb16c4a3e3103fb .postImageUrl , .u18c262fea2f8da34beb16c4a3e3103fb .centered-text-area { min-height: 80px; position: relative; } .u18c262fea2f8da34beb16c4a3e3103fb , .u18c262fea2f8da34beb16c4a3e3103fb:hover , .u18c262fea2f8da34beb16c4a3e3103fb:visited , .u18c262fea2f8da34beb16c4a3e3103fb:active { border:0!important; } .u18c262fea2f8da34beb16c4a3e3103fb .clearfix:after { content: ""; display: table; clear: both; } .u18c262fea2f8da34beb16c4a3e3103fb { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u18c262fea2f8da34beb16c4a3e3103fb:active , .u18c262fea2f8da34beb16c4a3e3103fb:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u18c262fea2f8da34beb16c4a3e3103fb .centered-text-area { width: 100%; position: relative ; } .u18c262fea2f8da34beb16c4a3e3103fb .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u18c262fea2f8da34beb16c4a3e3103fb .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u18c262fea2f8da34beb16c4a3e3103fb .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u18c262fea2f8da34beb16c4a3e3103fb:hover .ctaButton { background-color: #34495E!important; } .u18c262fea2f8da34beb16c4a3e3103fb .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u18c262fea2f8da34beb16c4a3e3103fb .u18c262fea2f8da34beb16c4a3e3103fb-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u18c262fea2f8da34beb16c4a3e3103fb:after { content: ""; display: block; clear: both; } READ: Underage drinking Essay This method would only be for those who, in a panel of doctors professional opinions, had a chance to survive after the transplant. . Supply and demand Essay Example For Students Supply and demand Essay Supply and demand Essay is defined as the relationship between the quantity that producers wish to sell at various prices and the quantity of a commodity that consumers wish to buy. In the functioning of an economy, supply and demand plays an important role in the economic decisions in which a company or individual may make. The quantity of a commodity demanded depends on the price of the commodity, the prices of all other commodities, the incomes of the consumers as well as the consumers taste. The quantity of a commodity supplied depends on the price obtainable for the commodity as well the price obtainable for substitute goods, the techniques of production, the cost of labor and other factors of production. It is supply and demand that causes a market to reach equilibrium. We will write a custom essay on Supply and demand specifically for you for only $16.38 $13.9/page Order now If buyers wish to purchase more of a commodity than that of which is available at a given price, then the price will to tend to rise. If they wish to purchase less of a commodity than that of which is available, then the price will tend to drop. Consequently, the price will reach equilibrium at which the quantity demanded is just equal to the quantity supplied. The resources needed to supply commodities often tend to be scarce so that there is always competition. The term invisible hand is the natural force that guides the market to this competition for scarce resources. Without the invisible hand theory then there would be no competition for resources thus creating a market where prices would be determined almost free of debate. There would be no market to determine set prices for any type of commodity. Therefore, many companies and individuals would lose out on economic prosperity to larger companies who could sell more and sell more at higher prices. Supply and demand is the root of all economic pricing. Economic pricing uses the theory of the invisible hand to create a market demand that avoids monopolistic tactics. In the functioning of an economy supply and demand is the basis for all pricing of any given commodity. Bibliography: . Supply And Demand Essay Example For Students Supply And Demand Essay Recent medical advances have greatly enhanced the ability to successfully transplant organs and tissue. Forty-five years ago the first successful kidney transplant was performed in the United States, followed twenty years later by the first heart transplant. Statistics from the United Network for Organ Sharing (ONOS) indicate that in 1998 a total of 20,961 transplants were performed in the United States. Although the number of transplants has risen sharply in recent years, the demand for organs far outweighs the supply. To date, more than 65,000 people are on the national organ transplant waiting list and about 4,000 of them will die this year- about 11 every day- while waiting for a chance to extend their life through organ donation (Yoakam 1). We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now This figure, when looked at from an economic standpoint, exemplifies a case of Supply And Demand Essay between organ donors and patients with a diseased organ. Just as there is a supply and demand in any given market, there are also complementary and substitute goods. Who decides who gets transplants and who doesnt? This question implies that the organ market also needs to have various, effective allocation mechanisms. The organ market has complementary and substitute goods and can use various effective allocation mechanisms. A person that receives an organ transplant almost always requires several complementary goods. One obvious good is the medical care received for the actual transplant and for follow-up doctors visits. For most people who undergo an organ or tissue transplant the quality of their life and general overall health improves following the transplant. Persons who receive a transplant are frequently required to take a series of medications that suppress their immune system and prevent their body from rejecting the newly acquired organ. They often will need to undergo frequent medical visits and testing to monitor the transplanted organ. At times, the organ transplant will be unsuccessful and the organ may need to be removed. These people will be placed back on the waiting list for another organ (Yoakam). Two more goods are the medication to prevent rejection and (assuming the patient has insurance) payments made by the patients insurance company for the patients care. The donors family is not responsible for the costs incurred through organ donation. The recipient, most times through their insurance carrier or Medicare pays for all of the costs related to the donation of organs and tissue. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the complementary good will decrease. The converse of a complementary good is a substitute good. In the organ market, a substitute good really depends on what organ is being considered. People with diseased livers are particularly at risk because there is no medical alternative to transplantation for keeping a patientalive. The only two obvious substitute goods for a liver transplant would be extensive medical care and pain medications. On the other hand, someone with diseased kidneys has more options. One obvious option would be dialysis. But, when looked at as a whole, the organ market does have substitute goods. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the substitute good will increase. Since the National Organ Transplant Act of 1984 prevents a monetary price from being placed on a donated organ, effective allocation mechanisms must be utilized. Allocation mechanisms must be accessed because the shortage of supply compared to the demand. In any market, allocation mechanisms rely on many factors but some include friendships, under the table payments, predicted profit, and personal biases. In the organ market, several allocation mechanisms come to mind. There is always the possibility that a particular patient has a family member or friend that is in the organ transplantation profession, and/or the family of the patient is able to pay-off someone in charge of the distribution of organs. In reality, these two mechanisms are frowned upon for their lack of morality. One real possibility for an allocation mechanism is to make a waiting list on a first-come first-served basis. .u61ee1075ebc912551b1717ad02083712 , .u61ee1075ebc912551b1717ad02083712 .postImageUrl , .u61ee1075ebc912551b1717ad02083712 .centered-text-area { min-height: 80px; position: relative; } .u61ee1075ebc912551b1717ad02083712 , .u61ee1075ebc912551b1717ad02083712:hover , .u61ee1075ebc912551b1717ad02083712:visited , .u61ee1075ebc912551b1717ad02083712:active { border:0!important; } .u61ee1075ebc912551b1717ad02083712 .clearfix:after { content: ""; display: table; clear: both; } .u61ee1075ebc912551b1717ad02083712 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u61ee1075ebc912551b1717ad02083712:active , .u61ee1075ebc912551b1717ad02083712:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u61ee1075ebc912551b1717ad02083712 .centered-text-area { width: 100%; position: relative ; } .u61ee1075ebc912551b1717ad02083712 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u61ee1075ebc912551b1717ad02083712 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u61ee1075ebc912551b1717ad02083712 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u61ee1075ebc912551b1717ad02083712:hover .ctaButton { background-color: #34495E!important; } .u61ee1075ebc912551b1717ad02083712 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u61ee1075ebc912551b1717ad02083712 .u61ee1075ebc912551b1717ad02083712-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u61ee1075ebc912551b1717ad02083712:after { content: ""; display: block; clear: both; } READ: Do children owe their parents? Essay This method would only be for those who, in a panel of doctors professional opinions, had a chance to survive after the transplant. . Supply And Demand Essay Example For Students Supply And Demand Essay On January 30, millions of televisions will be tuned in to the American Broadcast Companys live coverage of the Super Bowl. The three hour-plus event draws as many as 130 million viewers at one time. According to NFL Research, sixty eight percent of Super Bowl viewers say they pay attention to the commercials and fifty two percent said they discussed the ads the next day. With so many people watching the event, businesses see the Super Bowl as a golden opportunity to lure in profits by utilizing the commercial air time available. We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now Due to the unlimited wants and limited resources, an economic condition called scarcity results. Another economic principle, called investment, is exemplified in this article. Scarcity is a condition that exists because society has unlimited wants and needs, but there are limited resources for their satisfaction. During the three hour-plus football game, there will be opportunities for large businesses (and even some small businesses who have gambled on this form of advertising) to display their product or service to over a hundred million people. At an even greater expense, some companies are sponsoring pre-game, half-time, and post-game shows. Why does it cost so much money? Commercials during the Super Bowl are very powerful means of advertising. Companies can appeal to a larger audience by advertising during an event that is widely watched among all different groups. The commercials are also quite expensive because of the limited quantity. Advertising during the Super Bowl is a very smart investment. Investment is defined by the sacrifice of current benefits to pursue an activity with expectations of greater future benefits or rewards. Does this apply to the Super Bowl? Yes. Companies will dish out millions of dollars for 30-second blocks of air time. Some companies may even purchase more than that. The short term result is a loss of millions. That money invested in advertising, however, should return much more than that which was invested. The commercial air time during the Super Bowl is such a valuable commodity, that although it costs millions of dollars, those who invest in this form of advertising believe they will make a much greater profit in return. 380 Words Bibliography Catherine Valenti, (January 16,2000), War of the Web Sites, ABCNEWS.com, http://www.abcnews. go.com/sections/business/dailynews/superbowl_netads_000113.html .