Benefits and Cost analysis Essay - 550 Words

Benefits and Cost analysis (Essay Sample) Content: Title pageTitle of the paperAuthorà ¢Ã¢â€š ¬s nameInstitutional AffiliationBENEFITS AND COST ANALYSISMaking choices is part of our daily lives. Different factors influence the choices that we make. In buying of goods and services, we consider the goods we can afford without incurring debts. The income that one earns determines what the person consumes. Expenditure is directly proportional to the income. A person whose income is high can access many goods and services. The price of the commodity determines the consumer's choice of what to use. An increase in goods cost leads to reduced affordability (Pindyck Rubifeld, 2001). Therefore, it is essential to consider the real income in determining what to spend to make the correct choices.Over the past years, newspapers have been the greatest source of news. The company though is facing great challenge due to the increased technology. The production rate of newspapers is not proportional to the rate of consumption. A sig nificant loss is incurred which need to be addressed. Companies such as media prints and the internet, which are fast and readily available, overtakes the technology used by the company to deliver the news. The price of the factors of production is also high leading to low profit.In earlier days, people mostly the businesspersons would use the newspapers to deliver important messages. The messages included the arrival of new ships and the introduction of a new product. Later, the business people who share a common interest would meet in the newsroom where the journalist would frequent to pick up stories. Currently, most people communicate through emails and telegraphs to deliver the information. Giving feedback is easy. The method is cheap and fast. With the readily available internet all over, people can access the news just as they happen.The televisions broadcast most news hence one only needs to press a button to get updates on current issues. In writing, a person may base their arguments on their opinion. The journalist is limited to the space hence the news given lack the details. Therefore, the newspapers are slow, expensive modes of getting the news, which make the consumers go for other alternatives (Faggini, 2010).In an effort to remain competent, the newspaper companies increase the number of their workers to make the newspaper accessible to many people. The increased labor is however, a short-term decision that only sees an increase in profit at the beginning but a loss at the end. Initially, there is division and specialization of labor, which adds to the quality of services delivered. After some time, any addition of a worker results to less working space and limited access to capital (Guvenen Smith 2010). Increased prices of newspapers have led to consumers opting for other means. The company does not retain its profits due to the cost they spend paying the workers.As a man...

How to Write a Research Paper in MLA format

How to Write a Research Paper in MLA format Both the content and the form of a research paper matter. In case your assignment requires using a certain format, do not neglect specific rules for every formatting style. The most common formats for research papers include MLA, APA, Turabian, Chicago, and Harvard, and they are all unique. Let us examine the MLA format. MLA (Modern Language Association) is the formatting style most commonly used for research papers in the fields of humanities, linguistics, liberal and other arts. When writing a research paper in MLA format, you are to devote special attention to the page layout and bibliography. Non-compliance with format guidelines may spoil the entire impression of your paper, and lower your mark as well. To avoid this, you need to master MLA formatting rules. MLA formatting rules are narrowed down to the following aspects: Title Page – This is sometimes an optional component of an MLA formatted paper; however, in most cases the title page contains information about the research paper topic, your name, and the name of your scientific advisor/tutor. Page Header – This presupposes placing your last name and page numbers in the upper right hand corner of every page. General Document Settings – The research paper is most commonly created with Microsoft Word with 12-point Times New Roman font. The margins should be 1 inch on all sides, and the paper is to be double-spaced. Citation Rules – Citations are to be carefully formatted as well. You may use in-text citations and list the sources used at the end of the paper. The rules differ in accordance with the citation you need (block or in-line quotations, paraphrase citing, etc.). Works Cited (not â€Å"References† or â€Å"Bibliography†) – Be sure to include the list of cited sources on a separate page at the end of the research paper. This page will contain all the periodical, non-periodical, web, or print publications used in the research process and should be listed in alphabetical order. Also, do not forget to include full details for every source (the authors name, the books title, number of pages, publication year, etc.). In the majority of cases, you will only need to master the rules of MLA research paper formatting once and then use them while composing your papers. Still, you are always free to order custom paper formatting. In this case, professional editors and writers will grant their services to you. Quick and accurate formatting is carried out for every research paper. Ordering custom formatting for your written assignment will save your time and effort you could spend on more pleasant activities.