Apple company Research Proposal Example | Topics and Well Written Essays - 1000 words

Apple company - Research Proposal Example Server computers followed in the form of the Workgroup Server 80 and the Workgroup Server 95. The LC 520 was launched as a home computer. Further launches included the Performa 520, the Powerbook145B, and the first active-matrix 256 color screen PowerBook 180c. Other new product launches included the low cost audio Macs Centris 660av and Quadra 840av. The PowerBook Duo product line was further extended through the launch of Duo 250 and the Duo 270c (O’Grady, 78-84). This book gives information on the developments that occurred in Apple Inc. in the latter half of the 1990s. This information is useful in understanding that in spite of the frenetic product launches in the early 1990s, market share in the personal computer market dwindled towards the end of the twentieth century. This web page provides information on the developments at Apple Company during the first half of the first decade of the New Millennium. It provides the important information of new products along with the significant iPod. This book provides information on the numerous products launches that took place from Apple Company in the early have of the 1990s. This helps to understand the pace of product development at Apple Company in the

Microeconomics (EC2021C) Essay Example | Topics and Well Written Essays - 2000 words

Microeconomics (EC2021C) - Essay Example This paper focuses on the costs of a rise in minimum wage, the benefits of a rise in minimum wage and finally the effect of a rise in the minimum wage when the labor market is monopsonistic. The paper discusses the effect of this rise on the supply and demand curve on labor, effect on price, effect on the standard of living and how this increase will lead to unemployment and increased outsourcing in other lower minimum wage countries. We first analyze the effect of an increase in minimum wage rates on the supply and the demand for labor in a competitive market, in a competitive market demand increases when wages decline and demand declines when wage rates increase. Supply of labor increases when the wage rates rise, and that supply of labor decline when wage rates are reduced, therefore an increase in minimum wage rates will increase supply and reduce demand. From the above chart an increase in the minimum wage will lead to an increase in the supply of labor, the rationale behind this increase is because as minimum wage increase then more workers will be willing and also encouraged to work more labor hours and therefore supply of labor will increase. Considering that labor is factor of production ... t labor is factor of production and that firms will consider labor as a production cost then if the cost of labor increases then firms will demand less of labor, this can also be explained by the fact that firms will determine the optimal production point using the budget line and the isoquants, therefore an increase in cost of labor will lead to substitution of labor for capital and therefore less labor will be demanded, the diagram below demonstrates the effect of this increase on labor demand: From the above diagram it is evident that an increase in minimum wage will lead to a decline in the demand for labor, therefore this will result into less employment in an economy. Benefits of increased minimum wage: Standard of living: An increase in minimum wage will result into an increase in living standards, workers will now be paid higher wage rates and for this reason there will be a rise in living standards, this will be realized because workers will now have a larger disposable income and therefore can afford more in the economy. Motivation of workers: Workers in the economy will be more motivated, according to various studies increased wages result into increased motivation and therefore increased productivity of labor, when productivity of labor increases then the firm will benefit because the firm becomes more productive. Economic growth will also be realized due to increased productivity of laborers in the economy and therefore higher growth. Increased consumption: When minimum wage is increased consumers will experience a rise in their income, a rise in the income level also signifies a rise in the consumer disposable income, therefore as disposable income increases there will be a rise in the consumption levels in an economy. This will benefit the economy