SOFT DRINK Essay Example | Topics and Well Written Essays - 1250 words

SOFT DRINK - Essay Example Supply, Demand, and Equilibrium: Supply and demand is the main concept on which whole study of economics is based. The demand is known to be the quantity asked by the consumers or buyers and us usually backed by the ability and willingness to purchase the product. Demand has an inverse relation with the price which means that when the price of soft drink increases, it would eventually decrease the demand of soft drink. On the other hand, Supply means the quantity of the products offered by the industry or market at a certain level of price. Supply has a direct relation with price which shows that whenever the price of soft drink increases the supply will also increase. Equilibrium is a state where the demand and supply are equal. It means that the amount of soft drink being supplied is equal to the amount that is demanded by the buyers (McEachern, 2012). The diagram shows that equilibrium occurs when the demand and supply of the product is equal. This is the most favourable position as this is the most efficient point for an industry to be at. It means that the demand of the product is equally matched with the supply of the product (McEachern, 2012). Soft drinks are included in monopolistic market where the number of firms that operates in the market are many and provides differentiated products to the buyers. These products are not identical but are differentiated and each soft drink in the market is clearly differentiated from others. Entry and exit in this market is easy creating shifts in the market (McEachern, 2012). The possibility of shifts in demand and supply are as follows: Demand Changes in price When the price of soft drinks increases the demand for soft drinks will eventually decrease which means that the buyers will reduce their purchases. On the other hand when the price of the soft drink decreases the demand will rapidly rise. This shows that price has an inverse relation with demand which means that rise in price will lead to fall in demand (Ta ylor and Weerapana, 2009). Availability of substitute goods Demand is inversely proportional to the availability of substitute goods. This means that increase in substitute goods will decrease the demand of soft drinks. The more substitute products become available in the market the less is the demand for the product (Taylor and Weerapana, 2009). Changes in income The demand for soft drinks can also be affected by changes in the income. As income rises the demand for the soft drinks will ultimately increase and the demand curve will shift to right side. Similarly, when the income decreases the demand for the soft drink will decrease and the curve will shift to left side which shows deficit (Taylor and Weerapana, 2009). Supply Changes in price of goods When the price of soft drinks increases the supply for soft drinks will eventually increase (Taylor and Weerapana, 2009). Changes in price of related goods When the price of related goods increases the supply for soft drinks will event ually increase as there will be more demand for the soft drinks (Taylor and Weerapana, 2009). Changes in price of inputs The price of the inputs or ingredients used to produce soft drinks also causes the supply curve to shift. An increase in price of inputs will ultimately decrease the supply of soft drinks from the suppliers. This will be done to cover up the cost incurred by the suppliers due to increase in the prices of the inputs. Similarly, decrease in the price of inputs w

Critically Evaluate the Importance of Working With Professionals and Essay

Critically Evaluate the Importance of Working With Professionals and Families in Schools - Essay Example ortant if families and professionals can be involved in after-school programs and activities in order to enable their children to collaborate well with all including leaders and other important people in the community. Role of Interdisciplinary Teams, Nature of Multi-Agency, Families, and Professionals As long as the school leadership recognizes other community members, families and professionals in the school activities and development, positive results will be achieved. According to Cheminais (2009, p.8), multi-agency collaboration is advantageous to children as it allows integration of skills and expertise in school programs, thus enhancing value addition and preventing barriers to learning process. The teachers and the school leadership should consider moral leaders and other role models in the community to ensure that their students develop morally, and to promote strong connections between the students and the larger community. Besides, corporate members and government leaders should be considered for partnership with the school to provide more external support to the students. When this is done, the students will feel well secured and valued, hence promoting the value of education in the school and in the community or society in general (Cummings, Todd, and Dyson, 2007). For school to develop faster, the leadership must ensure that there is improvement in the education standards in the school and ensure that the students welfare is catered for; this can only be achieved through involving community resources in learning. Therefore, including professionals and families will enable the students to understand properly the social, political, and economic environments that surround the school, thus giving them more knowledge and proper awareness of their surroundings.... This report approves that involvement of families and professionals in the learning process is important, as it results into positive benefits including improvement in students general performance. Again, the discussion above has detailed the importance of community involvement in learning process as well as how to promote community involvement for maximum benefits in the learning process. The discussion has elaborated that parental attachment and students’ needs assessment is very important in the provision of better learning and performance of students with special needs. Therefore, it is important that all these be put in consideration while teaching and learning in the context of students with special needs, including involvement of proper communication and negotiation. The partnership of schools, professionals, and families will enhance support, guidance, and motivation, thereby allowing students to improve their performance. This will promote learning to all the students including those with special needs. Again, multi-agency in the community should be involved to give more support to the students where necessary. These multi-agencies can also help in providing guidance and health solutions to students. Furthermore, interdisciplinary teams can also be involved to provide for the students’ needs where necessary, thereby producing all-round students. This essay makes a conclusion that the parenting practice and child-rearing styles adopted by families have a great influence on the child’s learning behaviour later on in life. Indeed, parenting practices tend to is more objective in that, it is geared towards molding a child’s behaviour towards a certain goal. Therefore, a parent would be aiming for excellence in a child’s school performance and in such a case, provide an atmosphere for achievement of that goal.