Humans Exhibit Monopolistic Behavior essays

Humans Exhibit Monopolistic Behavior essays Humans Exhibit Monopolistic Behaviors In economics we often see monopolistic behavior displayed by companies. Monopolies are defined as companies with exclusive control over the marketing of their product or service. A monopoly is generally the dominant firm, not necessarily the only firm in their corner of the market. The difference between monopolies and competitive firms is that a monopoly is able to influence the price of its good. Monopolies can be created if the company is the only seller of its goods or their are no close substitutes. They stay monopolies because their are many barriers to entry in the market for potential competitors. The barriers to entry would be that the resource is owned by one firm; the government allows the product to be patented or copyrighted; and the cost of the production of a good is the most efficient, therefore the cheapest for a single company. Like in firms there is usually a power struggle in families, but between siblings for attention by their parents. Generally, parents try to be fair in the attention distributed amongst their children, but there is usually one child who is able to dominate the attention. In most families the youngest child has an amazing control over their parents. They are constantly able to captivate their parents attention. It is very easy for this to happen because usually the youngest requires the most attention. They have more needs and are more dependent on their parents than the other siblings. The other children are in constant competition with the youngest for the attention. The youngest child in most families is able to dominate the attention from their parents. They create a monopoly over the attention from their parents. The older siblings are then closed out of the market with the lack of attention. The competition is very strong when the children are younger, but in the later years the older siblings accept the fact that it wi ...

USS Reprisal (CV-35) in World War II

USS Reprisal (CV-35) in World War II USS Reprisal (CV-35) - Overview: Nation:  United States Type:  Aircraft Carrier Shipyard:  New York Naval Shipyard Laid Down: July 1, 1944 Launched:  May 14, 1945 Commissioned: N/A Fate:  Sold for scrap, 1949 USS Reprisal (CV-35) - Specifications (planned): Displacement:  27,100 tons Length:  872 ft. Beam:  93 ft. (waterline) Draft:  28 ft., 5 in. Propulsion:  8 Ãâ€" boilers, 4 Ãâ€" Westinghouse geared steam turbines, 4 Ãâ€" shafts Speed:  33 knots Complement: 2,600 men USS Reprisal (CV-35) - Armament (planned): 4 Ãâ€" twin 5 inch 38 caliber guns4 Ãâ€" single 5 inch 38 caliber guns8 Ãâ€" quadruple 40 mm 56 caliber guns46 Ãâ€" single 20 mm 78 caliber guns Aircraft (planned): 90-100 aircraft USS Reprisal (CV-35) - A New Design: Developed in the 1920s and early 1930s, the US Navys  Lexington- and  Yorktown-class aircraft carriers were designed to meet the restrictions enacted by the  Washington Naval Treaty. This limited the tonnage of different types of warships as well as placed a ceiling on each signatory’s total tonnage. These limitations were expanded and refined by the 1930 London Naval Treaty. As the international situation deteriorated in the following years, Japan and Italy abandoned the treaty structure in 1936. With the implosion of the treaty system, the US Navy worked to design a new, larger class of aircraft carrier and one which pulled from the lessons learned from the  Yorktown-class. The resulting ship was wider and longer as well as incorporated a deck-edge elevator system. This technology had been employed earlier on  USS  Wasp  (CV-7). In addition to carrying a larger air group, the new class possessed a greatly enlarged anti-aircraft armament. Construction began on t he lead ship,  USS  Essex  (CV-9), on April 28, 1941. In the wake of the US entry into  World War II following the Japanese attack on Pearl Harbor, the  Essex-class became the US Navys standard design for fleet carriers. The first four ships after  Essex adhered to the class original design. In early 1943, the US Navy made several alterations to enhance future ships. The most noticeable of these changes was the lengthening the bow to a clipper design which allowed for the inclusion of two quadruple 40 mm gun mounts. Other alterations included moving the combat information center below the armored deck, improved aviation fuel and ventilation systems, a second catapult on the flight deck, and an additional fire control director. Though referred to as the long-hull  Essex-class or  Ticonderoga-class by some, the US Navy made no distinction between these and the earlier  Essex-class ships. USS Reprisal (CV-35) - Construction: The initial vessel to begin construction with the revised  Essex-class design was USS  Hancock  (CV-14) which was later re-designated Ticonderoga.   A multitude of additional carriers followed including USS Reprisal (CV-35).   Laid down on July 1, 1944, work on Reprisal began at the New York Naval Shipyard.   Named for the brig USS Reprisal which saw service in the American Revolution, work on the new ship moved ahead into 1945.   As the spring wore on and the end of the war neared, it became increasing clear that the new ship would not be needed.   During the course of the war, the US Navy had ordered thirty-two Essex-class ships.   While six were eliminated before construction commenced, two, Reprisal and  USS Iwo Jima (CV-46), were canceled after work had begun.   On August 12, the US Navy formally halted work on Reprisal with the ship listed as 52.3% complete.   The following May, the hull was launched without fanfare in order to clear Dry Dock #6.   Towed to Bayonne, NJ, Reprisal remained there for two years until being moved to the Chesapeake Bay.   There it was used for a variety of explosive testing including assessing  bomb damage in magazines.   In January 1949, the US Navy inspected the hull with an eye towards completing the ship as an attack aircraft carrier.   These plans came to nothing and Reprisal was sold for scrap on August 2.          Selected Sources DANFS: USS Reprisal (CV-35)NavSource: USS Reprisal (CV-35)U-boat: USS Reprisal (CV-35)