Economics (Micro And Macro) Essay Example | Topics and Well Written Essays - 1000 words

Economics (Micro And Macro) - Essay Example The BA’s main reason for participating in this alliance is the possibility to reduce the ticket prices on air transportation due to the bigger amount of profit. Despite the fact that anti-monopolistic committee allowed the partnership, the airline company Virgin Atlantic sets protests against it. The merge of two big companies will make them monopolists in their service sphere. As mentioned above the bigger profit allows the owners to provide better services, to have upgraded planes, to set lower prices on the tickets and what is even more important – to provide the better level of security. The company with average profits will be driven off the market. To fight this injustice they even applied the anti-advertising technique by putting the following message on their airplanes â€Å"No way to BA/AA. The headquarter of a new alliance will be located in London since the controlling interest belongs to BA. Analyzing this article it is necessary to point out several issues that are to be considered in details. The first notion is monopoly since the new alliance represents the monopolistic leader in Europe. Though at the same time considering the whole world where BA+AA will have the third place in volume of passengers transportation, it is necessary to point out that in the scale of the world competition we can observe the monopolistic competition. The second notion that is to be analyzed is merge and strategic alliance in order to identify the type that BA and AA has. In books on economics one can find the following definition of monopoly as: â€Å"If a certain firm is the only one that can produce a certain good, it has a monopoly in the market for that good (Samuelson & Marks, 2003). When studying monopoly in theory it is usually accepted that only one company operates in its industry - it produces and sells the whole volume of products. Though, in life monopoly is represented by a big company that controls the biggest part of

Produce an annotated bibliography based on the identification and Essay

Produce an annotated bibliography based on the identification and critical review of web sites on Dutch housing, - Essay Example try of Housing, Spatial Planning and the Environment delivers messages to viewers with information related to how people in the Netherlands could maintain the welfare of the society in terms of the need for nature, space and raw materials or the use of land for local government project and private housing including areas or building projects that will be designed for business purposes. Considering that the main goal of VROM is to make policy that will promote peace and harmony with its current social, technological and political developments (VROM International, 2008a), the website offers information related to most recent issues on Dutch Spatial Planning such as: (1) the 21st century Dutch housing policies; and (2) the 5th National Policy Document on spatial planning 2000/2020; as well as the English version of the Housing policy document entitled â€Å"What People Want, Where People Live† which was published back on April 2001. (VROM International, 2008b) Aside from providing information related to spatial planning, housing, topical, integration of people belonging to different social groups, and communities, VROM International website also offers useful information on environmental protection related to: climate change; acidification; eutrophication; toxic and hazardous substances; contaminated land; waste disposal; disturbance; and groundwater depletion. (VROM International, 2008c) Available in Dutch and English language, the website of Waterland provides the viewers with information related to water management. Aside from providing sufficient data related to the importance of water engineering such as: dredging, flood control, coastal zone engineering, engineering in river basins, and offshore civil engineering; the website discuss issues on new policy concerning the Dutch water management particularly on integrated river basin, urban water management, coastal zone management, and groundwater. (Waterland, 2008a) Other water related information that has