A Case Study Group 7 Essays - Economics, Economy, Demand, Marketing

-95255694490 Course Code: ECON24 Course Title: Basic Microeconomics Instructor: Ma. May Nicel M. Zepeda Group Members: Culaban , Remi Ann Flojemon , Mia Ilagan , Mary Joy Sergio, Lizville Tenorio , Jayvee 0 Course Code: ECON24 Course Title: Basic Microeconomics Instructor: Ma. May Nicel M. Zepeda Group Members: Culaban , Remi Ann Flojemon , Mia Ilagan , Mary Joy Sergio, Lizville Tenorio , Jayvee A Case Study: Luxury Vehicles Decline 30% TIME CONTEXT January- March, First quarter of 2012 VIEWPOINT An official from one of the luxury car companies stated that the sales of the luxury car brands declines to 30% compared to the same period last year. STATEMENT OF THE PROBLEM The Bureau of Internal Revenue (BIR) will keep a close watch on buyers of luxury cars to determine if there are possible cases of tax evasion. Luxury cars offer more model but find fewer buyers. The campaign of the BIR affects the sales of luxury cars especially to those practical people. The answer on how to make equal changes between the price of luxury cars with or without taxes. OBJECTIVE The purpose of this study is to know the specific reason of decrease in sales of luxury cars. Also, to be aware of the effect on car companies and the consumer because of the BIR's campaign. RECOMMENDATION Luxury carmakers like BMW and Mercedes Benz have added a dizzying array of variations to their model lines, in hopes of attr acting buyers from rival brands, with this situation, I will recommend to negotiate with BIR together with other car companies and also having upgraded kind of promotion. CONCLUSION/DETAILED ACTION PLAN In this case, we have begun to see how these laws interact. Price controls and taxes are common in various markets in the economy and their effects are frequently debated in the press and among policy makers. The incidence of a tax depends on the price elasticity of supply and demand. Organize a meeting with other car company's representatives and talk about the negotiation with BIR giving opinions about having fixed amount of tax based on the needs of all the sectors (car companies, BIR, and the consumers). After this, car companies must innovate the kind of promotion by consistently providing flyers, pamphlets, newspapers or magazines of your own products (to give knowledge of the history and advantages of the car brand). Interaction and conversations with home owners of a target market place will also help. VII. QUESTIONS Is the demand for luxury cars elastic or inelastic? Luxury cars are elastic, based on the situation, it could be said that a decrease in income led to the decrease to the sale of luxury cars. Individuals no longer have much as much disposable income as before. Thus, individuals want to save more money in case something unexpected turns up. What factors influence the elasticity? Availability of substitute products could be one of the reasons why the demand for the luxury items decrease. Luxury cars are under the category Veblen goods which doesn't follow the law of demand. Second is the level of price. Also, population, proportion of income spent on the good, and preferences of consumers. Is specific tax a better alternative to raise tax revenue? Explain. Yes, because having specific tax gives the consumer trust in buying goods by knowing that their money is worth it giving equality to the needs of the consumer and also the revenue collectors and company owners. Specific tax gives the right if the consumer to budget their money and also to raise the tax revenue by consistently buying the same products.

Religions of Mesoamerica

Religions of Mesoamerica How the Codex Fejervary represents the body as the center of the world The Codex Fejà ©rvry has represented the human body as the central point of the world using various imageries. In order to achieve the in-depth understanding of the correlation that exists between the human body and the world, certain unique elements of the tonalpohualli have been used in form of a Mesoamerican augural cycle. It has a cycle of 260 days. The world has been divided into five main parts.Advertising We will write a custom term paper sample on Religions of Mesoamerica specifically for you for only $16.05 $11/page Learn More In addition, the compass points have been delineated using vivid T-shaped tress. As such, the top side has been marked as the eastern direction while the bottom side of the sculpture has been labelled as the western direction. On the other hand, the northern direction has been positioned to the left side of the figure while the right side depicts the south ern position. Carrasco (1998) notes that â€Å"the history of religions teaches us that, at one time or another, almost everything has been considered sacred† (65). This explains why the centre of the world has been taken as the central and sacred point that is being surrounded by the four directions. On the overall, the god of fire also known as Xiuhtecuhlti takes the centre stage and this is why the central part that has been surrounded by the four cardinal points is taken to be sacred. The importance in Aztec religions of the head and its connection to â€Å"tonalli† Those who believed in the sacred practices of the Aztec religions (such as the Nahuatl people) held a belief system that there were three key essences in a human being. These essences were largely responsible for life and overall wellbeing of an individual. The most significant of these three essences was the tonalli. The latter was located right at the top of the head. Hence, tonalli always resided on the head. In addition, every individual had his or her own tonalli. The fact that tonalli was located on the head meant that it controlled every fate in the life of an individual. For example, tonalli fashioned and controlled individuals in terms of who they were or what a person would be destined to perfect in life. In addition, it directed the kind of actions or activities which a person was most likely to engage in while still alive. According to Carrasco (1998), another significance of the head was the grown hair on it. As such, the energy possessed by tonalli and which was being needed by an individual on day-to-day life was extracted by the hair on the head of a person carrying the tonalli. This would symbolize getting hold of the tonalli himself. Their souls would be equally grasped in the same process. The importance of the heart and its connection to â€Å"teyolia† Teyolia was the second most important essence of an individual. It is kept in the heart of a person bec ause it is largely believed to be the actual soul of an individual that supports the breath of life. It also provides the much needed energy in the process of thinking and acting. It also rules and directs the status and genetic makeup of an individual. The feelings and subsequent response to stimuli are also governed by teyolia.Advertising Looking for term paper on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Moreover, the energy provided by teyolia explains the reason why people are alive and can make rational decisions. This implies that a person cannot remain alive if the teyolia does not provide the much needed energy. Hence, a person will die without this form of energy from teyolia. It is also pertinent to note that the human blood also contains some elements and sacred power of teyolia (Carrasco, 1998). The world centering role of the sacred mountain in Aztec religion The Nahuatl people greatly valued and revered the Serpent Mountain which was also called Coatepec. The mountain was a sacred place of worship where the gods resided. Huitzilopochtli god was also born at the Serpent Mountain and hence the location served as a very important spot where godly powers emanated from. This mountain also signified a place of sacred war bearing in mind that a fully armed and newly born god exterminated Coyolxauhqui who was his sister. This is because the latter had attempted to murder Coatlicue (their mother) in collaboration with the 400 Southerners who were her brothers. When the Mexica/Aztecs were migrating towards Aztlan which was to be their mythical homeland, they made a temporary stop at the Serpent Mountain. However, this group of people stayed longer than expected because they resided in this mountain for close to 30 years. During their stay at this mountain site, they constructed a temple. According to Carrasco (1998), â€Å"each community had a public ceremonial precinct, which o riented all human activity and influenced social life† (70). Hence, this sacred structure was built in order to give honor to Huitzilopochtli who was their patron deity. Hence, the Serpent Mountain was also a significant place of worshiping gods. The Aztec foundation myth and the world centering role of the great temple The Aztec foundation based its belief system on the patron god who was known as Huitzilopochtli. The emergence of the Aztecs boosted the significance of this god bearing in mind that he was initially of negligible value among the Nahuas. Most of the mythical foundations of the Aztec religion were based on this supernatural being especially when he was finally made the solar god thereby taking the position of Nanahuatzin. The latter was known to regularly struggle with the absence of light. It also needed to be nourished as one way of making sure that the cycle of the sun would remain uninterrupted for fifty two years. This was yet another foundational myth amon g most Mesoamerican religions such as the Aztecs. in addition, the festive seasons were specifically set aside for offering sacrifices for this god although this practice was supposed to done on a daily or regular basis. Huitzilopochtli was accorded only a single day for sacrifice although there were eighteen festive days.Advertising We will write a custom term paper sample on Religions of Mesoamerica specifically for you for only $16.05 $11/page Learn More All the generations of Nahuas lived through constant feat over the possibility of the world coming to an end. On the same note, the Aztec religion held a belief system that if Huitzilopochtli was offered human blood as the sacrifice, the termination of the world would not take place (Carrasco, 1998). The Great temple was also associated with the two gods because they were considered to be integral in the survival and overall wellbeing of the people. Hence, the temple was reserved for them. It was mythica lly believed that the unity of the two gods was supposed to be maintained because they were specifically destined to be together. Hence, the role of the Great Temple was boosted both as a place of offering sacrifices and a symbol of unity between the two gods (Carrasco, 1998). Human sacrifice in the New Fire Ceremony and the Festival for Tezcatlipoca The early Aztec civilization practiced human sacrifice as one way of appeasing the gods. However, it is important to note that this practice was also widespread among other civilizations. The Aztec religion valued a lot the 52-year cycle because it was believed that this cycle always marked the end of the word. Hence, a New Fire Ceremony was held after every 52 years coupled with a human sacrifice. This practice was meant to renew the world. It was deemed to be successful if the sun appeared the next day (Carrasco, 1998). On the other hand, Tezcatlipoca was a very influential and mighty god. He controlled and dominated human destiny, so rcery and the night. This religion also believed that people obtained all types of foods as a result of the battle that was triggered by this god. This god also performed the role of renewing the world because he could relive diseases and forgive sins. The god could also liberate a person from natural fate from life (Carrasco, 1998). Reflection From the discussion above and also based on the material that I read when compiling the task, the ancient Mesoamerican religion sheds light on the contemporary culture bearing in mind that the modern cosmopolitan society is also characterized with myriads of religious beliefs and practices. Each religious group tends to exalt its belief system similar to how it was during the ancient Mesoamerican civilizations. Although we live in a technologically advanced world, people still have strong belief in the existence of gods. The development of science has not dissipated belief systems of people. In addition, we may not be sure of the existence of gods because these are intangible beings that cannot be seen or felt.Advertising Looking for term paper on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, there is a deep conviction in the belief system of people that gods exist. These gods are also believed to supply mankind with hope and restoration of life. Generally, good deeds result into positive results. Therefore, the belief system of the modern has not changed remarkably. References Carrasco, D. (1998). Religions of Mesoamerica: Cosmovision and Ceremonial Centers. San Francisco: Waveland Press. Victor, D. H (2000). Carnage and Culture. New York: Doubleday.

Advanced research methods Essay Example | Topics and Well Written Essays - 2500 words

Advanced research methods - Essay Example Some individuals are more susceptible to stresses than others. Individuals that are often stressed may have built up some form of a tolerance enabling them to work better under the stress and elevated cortisol than others. Further limitations of this study include the small sample size. In addition the research study does not determine the possible long term effects of individuals administered cortisone and the effects on the memory. Although the research demonstrated that individuals given higher doses (in this situation specifically women) were shown to have a decrease in short term memory the research does not assess the dose given and possible variables that could alter the results. Among these variables are certain psychological conditions such as anxiety, clinical depression, schizophrenia and thyroid problems. All of these psychological conditions can alter the way the individual perceives the stresses associated with high cortisone levels. Researchers also fail to establish i f participants are taking medication. Medication can affect the way cortisol effects the participants. In order to address these limitations in the study I proposed a further research be done in the form of a new study. I hypothesize that cortisol will decrease immediate memory performance but will yield long term memory increases for neutral stimuli. In this study the dependent variables is the cortisol the participant received. The independent variable will be the dosage of cortisol that was administered to the participant dependent upon the group (15mgs, 20mgs, 25mgs, 30mgs). Participants will be measured in 8x2 groups of 20 in two different conditions. One group will view fifty non-emotive pictures. The second group will be read a detailed story. The groups will be further divided into groups of ten through random assignment. When the participant takes the test is dependent upon which group of ten the participant is in. The