Christian worldview Essay Example | Topics and Well Written Essays - 500 words

Christian worldview - Essay Example God blessed them and ordered them to multiply in number, fill and control the whole earth. Humans were also to have dominion over all the created things, both living and non-living (Genesis 1:26-28) (Version, 2011). According to the Bible, God has chosen humans to be the leaders and rulers of the world. They have the authority to rule over all the living creatures on land and in the sea. Humans have more dignity than all the created animals in the sea and on land. Despite the fact that humans are more rational and have been chosen to be rulers over all other creatures, this does not give them the authority to harm other animals or living creatures. A suitable rationale for all human beings is created by the biblical worldview. One of the common problems in the Christian worldview is suffering. The vast population of the universe assumes that suffering results from human sin. The issue of personal suffering is widely addressed by Jesus in John chapter nine. In this chapter, the disciples assumed that the man’s blindness was because of his sins. In the chapter, Jesus explained that the blindness of the man was not as a result of the sins of the man’s parents but a way through which God’s works were to be demonstrated (John 9:3). Jesus argued that man’s suffering would not go to waste, but would instead be used to glorify God in his life. The illustrations reveal that man’s suffering is not because of his or her sins. However, God utilizes suffering to remind human beings that sins have adverse consequences. In conclusion, human value, suffering and authenticity play a significant role in the thoughts, beliefs and existence of human beings. The faith on which Christianity is based is cogent and practical. It offers solutions to varied questions that relate to the heart and mind. All human beings survive by faith. People may have faith in themselves, the government or a supernatural being. Other people have faith in

Price elacity and discremination Essay Example | Topics and Well Written Essays - 1750 words

Price elacity and discremination - Essay Example In a market where travelers faces a highly inelastic demand, it implies for business, travelers are willing part with higher airfare price. Airline firm who can set elevated prices for these travelers can definitely increase their profits and revenue. However, other passengers will be highly sensitive to prices as they may face elastic demand. Therefore, this sort of passages will respond to special price discounts and offers. The airline firms can benefit if they can separate these different sorts of consumers and therefore decrease their consumer surplus. Price discrimination is common to most industries and that the price difference can never be explained by the products` cost differences. It is a common knowledge that the airline industry has ever practiced price discrimination for several years. We all realize that on every flight the passengers do pay different prices, and also that in certain cases we observe that the maximum price is at times five times the lowest price. How do airline businesses practice price discrimination? Still remains unknown to many. The airline market can easily allow price discrimination to prevail. Barriers to entry emerging from scale economies, sunk costs as well as hub-and-spoke systems offer carriers the necessary market power even on fairly competitive routes. Airlines distinguish among themselves through occupying various slots in flight schedules, and also by offering various route networks. For instance, a carrier with a broad number of connections to the West Coast distinguishes itself from another carrier flying only along the East Coast, despite both of them selling tickets for Boston-Miami route. A market of that kind is therefore monopolistically competitive. Moreover, airline passages differ since they have unstable price elasticities of demand. Even though it`s possible to do a resale of airline tickets, it entails high search costs and also it does not get rid of restrictions, for example blackout days or even time-of-day constraints. So as to price discriminate, airline firms require being able to take apart consumer groups having different demand elasticities. The airline firm can do it by attaching different restrictions to cheaper tickets, therefore making them less attractive to airline passages with high valuation of time or even convenience as well as low price elasticity. As a loophole to exercising price discrimination, the time of buying air ticket functions best. There is no fast and hard rule, but if one buys an air ticket many months in advance it appear to be cheaper. For example, for business travelers, the Virgin Blue demands a full charge of $249 one way. For the next- day travel during the peak, it`s possible to get a restricted discount of about $149 and its present advertised best fare is about $59. This forces the question of how far out does one need to book it? And the answer is at least two months. However, if price matters, then Jetstar is definitely the leading c hoice available to consumer as one can travel to Sydney from Avalon next-day flight for just $79 one-way though on restricted discount. A month earlier, one can find a $69 fare, however, you need to book at least six weeks up to two months earlier so as to get $59 special offer. If the demand for a particular flight is far above normal, then the airline firms starts raising the price of that particular flight. It implies that