See on the files Essay Example | Topics and Well Written Essays - 250 words

See on the files - Essay Example Therefore consumers have no options but to purchase the goods at the set prices which is against the law of demand.The diagram illustrates the profits that a particular company in an industry can get in a country if it is the dominant player and its goods are the ones most demanded. In the short run, the industries in the country will get profits as indicated by area PBA, however, this is affected by international trade that ensures other competitive firms can introduce their products as well.International trade has led to an increase in the amount of goods in any economy and so the demand for local goods has gone down. This leads to the lower prices of goods locally. The demand of goods is further affected by the prices of other related goods. International trade can result to the presence of substitutes and complements that affect the demand of goods in the economy (Dutta, 2006). Substitutes are a direct replacement to a particular class of goods. This means that if the price of good increases consumers will simply shift to alternative goods. Complements are goods that are used together. If the price of one of these goods increases then the demand is likely to drop, as such the demand for the complements also

Summary Essay Example | Topics and Well Written Essays - 500 words - 5

Summary - Essay Example This research is aimed at exploring the most recent technologies of Physics like nano-identation, scanning electron microscopy, etc. which can be utilised to obtain a better understanding of tooth erosion and hence help in the improvement of the dental treatment techniques. The research will help the clinicians to solve dental problems better and thus help the affected population. B5 SUPPORTING STATEMENT Explain – in no more than half a page of 12-point Times New Roman font – why this project is of interest to you and why you believe you have the skills and knowledge necessary to undertake it successfully. Answer: Dental treatment is generally expensive. Therefore, people often prefer to leave their dental problems untreated. However, the dental problems become complicated due to this and serious heath hazards take place. As a result, more complicated medical procedures like oral and maxillofacial surgeries have to be performed which are riskier and costlier. In my opin ion, due to lack of consciousness and lifestyle issues are leading to more dental problems and this is becoming a serious public health issue. Hence, I want to conduct a research that would focus on the most innovative technologies to understand the dental problems like tooth erosion better and find out better treatment methods.