1. Suppose we have the following market supply and demand schedules for bicycles:
Price Quantity Demanded Quantity Supplied
$100 70 30
$200 60 40
$300 50 50
$400 40 60
$500 30 70
$600 20 80
a. Plot the supply curve and the demand curve for bicycles.
b. What is the equilibrium price of bicycles?
c. What is the equilibrium quantity of bicycles?
d. If the price of bicycles were $100, is there a surplus or a shortage? How many units of surplus or shortage are there? Will this cause the price to rise or fall?
e. If the price of bicycles were $400, is there a surplus or a shortage? How many units of surplus or shortage are there? Will this cause the price to rise or fall?
2.Share 2 or 3 experiences in your life when you either benefited from the over supply (think sales and discounts) of a product or when you had to pay more for a product because it was in high demand.
Social Construction of Female Gangs Distributed: 23rd March, 2015 Last Edited: fifteenth August, 2018 Disclaimer: This exposition has been put together by an understudy. This isn't a case of the work composed by our expert article essayists. You can see tests of our expert work here. Any suppositions, discoveries, ends or suggestions communicated in this material are those of the writers and don't really mirror the perspectives of UK Essays. Presentation In the UK, there has been almost no examination on female group issue which has prompted the immense measure of research from the USA being connected to the UK circumstance. Female packs have been in presence all through history albeit next to no has been said in regards to its individuals past their part as sexual articles. Hallsworth and Young (2008):176) after a home office report in 2008 express that 'the posse was out of the blue unequivocally connected to the issue of urban brutality and rising weapon use in the UK' (2008:176) and as per Campbell (1990) "young ladies have been a piece of packs since the most punctual records from New York in the mid 1800s" (1990:166). Female group movement has been on the expansion in the last 50% of the twentieth century and all things considered, these exercises have progressively turned out to be vicious. In this article, I will expand on the significance of packs and female groups utilizing different definitions given by key writers. My fundamental enthusiasm for this paper will be to examine the chronicled foundation of female posses and the key discussions encompassing these packs in connection to the writing composed by writers of various bores and furthermore the fantasies as depicted by the general public. I will likewise be keen on examining the media development of female posses giving illustrations which will lead me to investigate the detachment between what the media says in regards to female groups and what actually. The term 'posse' as per Schneider and Tilley (2004) does not have a solitary definition despite the fact that it "is utilized all around by scientists, police, social laborers, media and the overall population" (2004: xviii). The US National Criminal Justice Reference Service have characterized the term 'posse' as a gathering of at least three individuals who have a typical name or sign and have a point of taking part in criminal movement. In the UK setting, 'specialists' have thought that it was hard to achieve an agreement on regardless of whether packs exist and how they can be characterized (Aldridge and Medina, 2008; Alexander, 2008; Broadhurst et al., 2009; Hallsworth and Silverstone, 2009; Her Majesty's Inspectorate of Prisons, 2010; Pickles, 2009; Pitts, 2008). Webster's Dictionary (1961) gives us another definition expressing that a posse is "a band or gathering of people" who include themselves in criminal or socially inadmissible conduct (1961:74). Female posse is just a young lady gathering or people who are associated with criminal exercises and offer similar names, images and signs as their personality. Female posses don't have a noticeable pioneer and as indicated by inquire about that they have a tendency to be genuinely casual and they don't regularly have an obvious pioneer. Campbell for instance in the Huff's book on Gangs in America (1990) sees that in Los Angeles a few groups have 'veterinas' or 'back up parents' however she proceeds to state that "ordinarily the individuals demand there is no pioneer and that choices are made justly. Campbell's perception proposes that a few young ladies plainly have more clout than others, however this more often than not will be not formalized as an influential position." (1990: 178). In this survey, I will examine about female posses drawing upon American research yet with more accentuation on the rising marvel of female packs in Britain. Keeping in mind the end goal to achieve my go for this writing survey, I will utilize essential sources, some optional sources and other approach reports or government distributions to empower me make ends and proposals, distinguishing holes in learning which may rouse different scientists into thoughts for additionally inquire about and furthermore empower me to give my general supposition of how I feel about the social development of female posses by the media quite a bit of which I have a tendency to differ with. Writing Review Authentic Background Numerous analysts and writers have for quite a while accepted that young ladies and ladies did not participate in criminal practices and along these lines the issue of female posse has regularly been disregarded. Campbell's (1990) survey on young lady packs expresses that, "young ladies were characterized exclusively as far as their relations to male posse individuals" (1990:166). Men have dependably been the purpose of fixation in examining group violations and as of not long ago, female posse individuals were viewed as 'sex objects or boyish girls'. Writing has demonstrated that specialists depict female posses as weapon transporters for the male partners also, Moore and Hagedorn (2001) contend that "notwithstanding while portraying female pack individuals as boyish girls, scientists underlined that the females' inspirations were centered around guys" (2001: 2). Taking a gander at the UK setting of female packs, writing on young ladies and posses has not been very much created in light of the fact that specialists in Britain have not seen the need to focus on female groups (Campbell and Muncer, 1989; Sanders, 2002). As per Downes (1966); Parker (1974) and Scott (1956), the UK endeavored to apply American pack speculations to address the issue of road groups however these endeavors flopped after some time prompting absence of information on posses. This clarifies why there is no solid confirmation as on account of USA, "for the expansion of vicious road groups" (Hallsworth and Young, 2008: 177). Female Involvement is anything but another event all around. Truth be told, there has been a considerable measure of worry on the ascent of female contribution in posse business throughout the years. Early examinations found that there was a "50 percent expansion in genuine violations by high school gins somewhere in the range of 1968 and 1974, contrasted with a 10 percent expansion for young men and captures of young ladies under 18 for rough wrongdoings rose 393 percent somewhere in the range of 1960 and 1978, contrasted with 82 percent for young men" (CASA Website) . Mill operator (2001) thought about youth pack contribution in 1950, and discovered that "young groups of the 1980's and 1990's are increasingly various, more pervasive, and more vicious than in the 1950's, most likely more than whenever in the nation's history" (2001: 263). In the mid 1980s, Anne Campbell (1981) ended up intrigued and had worries about female guilty parties which drove her to lead an examination about the events of brutality among young ladies in Britain. Campbell, (1984) likewise completed an examination on female packs in America and this prompted her decisions that the issue of female groups was socially built. She censured Britain for just focusing on male posses and disregarding female packs and outlined that in New York, ladies were probably not going to arrange in to posses in enormous numbers in light of the fact that the female gatherings were just known to take after male gatherings (Campbell, 1995). Late examinations on young ladies and brutality likewise demonstrates that there has been an expansion in savage and forceful conduct by young ladies and this has been catalyzed by media consideration. Prior on, individuals knew next to no about young ladies' savagery in light of the fact that there was a conviction that brutality was exclusively dedicated by men. The examination discoveries demonstrate next to no confirmation proposing that young ladies are physically rough. Enrollment Scholastic research on pack participation in the UK is exceptionally meager as said before on and there is little confirmation demonstrating that young ladies have existential involvement in conferring savagery. It has been hard to discover the quantities of female posses in spite of the fact that there is a huge presence of the individuals. Then again, in the US, women's activist analysts have endeavored to give a more 'nuanced depiction of the intricate sex encounters of young ladies in packs' (Miller, 2001: 16). They have shown that young ladies inclusion in female packs lives up to their sex desires and experience increased dangers for physical and sexual exploitation and furthermore finds out that posse enrollment gives them a feeling of having a place, giving them certainty and asylum from their damaging families (Campbell, 1990; Joe and Chesney-Lind, 1995; Joe Laidler and Hunt, 2001; Miller, 2001, 2008; Moore, 1991; Nurge, 2003). Numerous posses seem, by all accounts, to be more profoundly organized than reprobate gatherings yet that does not exclude the way that they may in any case be viewed as inexactly composed. A few factors, for example, age, neighborhoods et cetera are considered as the premise of picking up section to these packs or turning into a part. The pack sizes extend from a part gathering of four or five and can go past a thousand. There have been diverse order of pack gatherings, for example, the pioneers, partners of the regulars at that point there are the fringe individuals lastly the enlisted people. Most investigations have demonstrated that the reasons why females join posses are a result of fellowship impact, it is viewed as a type of solidarity and self assertion. Research has demonstrated that those children who experience childhood in broken families and whose guardians are in jail may think that its fitting to join posse gatherings. Numerous adolescent pack arrangement is because of the present disintegrating monetary conditions which are described by poor lodging, absence of school structures and offices and absence of laws that direct infringement of youth groups. Being in a female pack might be a shelter from physical and sexual mishandle at home. Youthful et al's. (2007) was engaged with an exploration which specifically included young ladies and young ladies who had relationship with female group and this gave him an alternate photo of their contribution. UK investigations of female posses have shown that young ladies and young ladies are simply depicted as 'lady friends' to their male pack individuals yet Young et al's association in talking a portion of the females demonstrated that their gatherings were for the most part made out of companions whose fundamental explanation behind being as one was plain kinship and denied that their gatherings were groups. Anyway in the US, Miller (2001) states that young ladies>GET ANSWER