Inaworldalwaysstrivingtobe"perfect'.Inallrealitythedefinitionofperfectis"Havingno mistakesorflaws."ThisisthedefinitionintheMerriamWebsterDictionarybutwhatdoesthis mean?Ifthereissuchthingasasetdefinitionforperfect,butthatdoesn'tmeanweareperfectby anymeansandofcoursewemessupit'swhatmakesushuman.it'sapartoflife.Everyone's definitionofperfectisdifferenttherearemanywayspeoplewouldexplainsomethingoreven someonebeingperfectbutthepointofthematteristhatthereisnotonepersonwhoisperfectby definitionsohowcanwebetheonestodefinethemeansofperfect.Ihavecometotherealization thattheharderyoutryatbeingperfectthemore
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My"Perfect"City
I.Utilities
ThecityIproposeasaperfectcity,wouldbeasclosetoanecocityaspossible,althoughhavesome differences.Forexample,forelectricalneeds,Iwouldsuggestthecityhaveasolarpowerplant,but onthosedesperatetimes,energywouldbeboughtfromotherelectricalplantsfromnearbytownsor states
Waterpurificationandawastewatertreatmentplantswouldbenecessaryinordertoprovidethe citizensandvisitorswithcleanhealthywater.Topreventflooding,thiscitywasbuiltonflood plains.
Solidwastepickupserviceswillexist,preventinglitterandgarbage...showmorecontent...
PaddleboatswouldbepopularinthelakesandriverWalkingandbikingwouldbethemost influencedformoftransportation.Neighborhoodstoreswouldbeencouraged,promotingbikeand walktransportation.Nomasstransportationsystemswillbefoundrunningthroughthecity.
III.DensityofHomes
Understandably,somepeopleenjoylargelawns.Forevery1homethatisbuiltonanacreproperty, 2homeshavetobebuilton½acreproperty.Thehomeswillbebuiltmorenorthernandawayfrom theriverTowardsthesouthernpartoftheriverwillonlybegreenspaceandnaturepreservesThe citywillhaveamediumdensity
IV.Businesses/Industry/Commercial
TourismwillbethemajormoneycatcheronthelakeandriversideareasTouristswillbeattracted tothecity'sbeautyandfunactivities(seeaesthetics).Althoughtourismbringsinalotofmoney, smallanimalandvegetablefarmswillbemaintained,providingthecitywithsomeofitsfood portionGardenswillalsobekeptatmostofthehomesNotmuchfoodwillbetransportedintothe city.Thecitywilltrytobethemostindependentpossible.Buildingwillusethesolarheatmethod forwaterandspaceheatingonthoserareoccasionswhennecessary
V.Aesthetics
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CreatingHavenWhenassignedthiswebquestoncreatingtheperfectUtopianSociety,myfirst thoughtswereimmediatelydrawntohowdifficultthiswouldbewithagroupoffourotherstudents allwithdifferentviewsofwhatourperfectUtopiawouldconsistof.Fortunately,Iwasutterly wrong.Mygroupworkedverywelltogetherandactuallyhadquiteafewsimilarviews,wequickly agreedtonameitHavenandonlydebatedsmallissuesThebiggestchallengewasdecidingwhat kindofgovernmentwouldworkbestandhowtofinanceit.Throughallthechallengesitwas interestingtoseehowmuchofourperfectgovernmentshadowedtheUnitedStates.Thatalone reallyopenedmyeyesandIbelieveFutureclassesshouldalsocompletethisprojectIhadnot anticipatedhowdifficultitwouldbetodecidewhattypeofgovernmentisbestforeveryoneinthe society,howtocomposeit,andhowtofinanceeverything.Itwasdefinitelythemostchallenging parttome.Noneofushadknowledgeofhowthegovernmentandtaxesworkorhowthefounding fatherssetitup,otherthanthebasicknowledgewelearnedinHistory,sowehadtolookatthe UnitedStatesgovernmentandpickwhatwelikeandwhatwewouldlikethechangeAsagroupwe reallyhadtodecidewhatwasbestforeveryone'spart.Mine...showmorecontent...
ThisprojectrequiredcriticalthinkinginwaysIhadneverdone,sinceeverydetailweincludedhad tobethoughtthewholewaythrough.Forexample,whendoingthebudget,alimitforhowmuch eachsectionneededandwheretogetthemoneyfromhadtobedecided.Themultiplechallenges taughtmehowtothinkcriticallythroughaprobleminordertofindthebestsolutionAnother benefitwaspresentingbecauseanymorepracticeIgetishelpfulformesinceIwillhavetopresent inthefutureformyseniorprojectandassignmentsin
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Manypeoplethinkhavingaperfectlifeishavingalotofmoney,doingwhateveryouwant,and havingeverythingyoueverwanted.Butinmymind,thatisn'ttheperfectlife.Theperfectlifetome islivinglifetothefullestcreatingmemoriesyouwon'tforgetandcreatingfriendshipsthatlast forever.Manypeoplethinkthatwhensomethingbadhappensinlifeitisthedeviltryingtogetto you,butyouhavetousethattomotivateyourselftobethegreatestyoucanbeNowherearesome ofmylifelonglastingmemoriesandstoriesthatmotivatemetobethegreatestIcanbe.Tostartoff, Ihavehadmanypetsinthe13yearsIhavebeenalive.ButIhaveonethatmeanttheworldtome.
HernamewasKemi,andshewasanAlaskanshowmorecontent
Irememberthinkingthattheyhadmagicalpowerstofixalmostanything,andtheyalwaysworked likeacharm.ThishasbeenthegreatestgiftIhaveeverreceivedandIdon'tknowifIwouldbewho Iamtodayifitweren'tforthosehearts.Ihavehadalotofmemoriesasachild,butthereisonethat sticksoutthemost.AfewyearsagomyfamilywenttoBrevardforvacation.Now,thisisaplacein themiddleofnowhere,IwasjustsurroundedbywoodsButtherewasthisplacewewenttodown therecalledslidingrock.Now,thisisjustawaterfallbutrunsdownahillsoitislikeareallylong slipandslide.Eventhoughthewaterwasfreezingcold,everyoneinmyfamilygoesinevenmy dog.Thisisoneofmygreatestmemoriesbecausethatwastheperfectdayinmymind.Aperson whohasthebiggestinfluenceonmeinmylifeisagirlnamedRachel...shelivesinIrelandand cameovertospendasummerwithmyfamilySheopenedmyeyestohowlifewaslikeindifferent areasoftheworld.EventhoughsheonlystayedforasummerIformedalifelongbondandlifelong memories.OneofthegreatestthingIrememberishowshetoldustherewerenobugsinIreland. ThatalonewasenoughtomakemymomwanttomoveWearegoingtogovisitherthissummer Youhavetolearntoseethegoodinthebadandyouhavetobetheonetherewhenpeopleneedyou most.Ifyougetthisdownthenyouwill
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PerfectCompetition
Perfectcompetitionisanidealisedmarketstructuretheoryusedineconomicstoshowthemarket underahighdegreeofcompetitiongivencertainconditions.Thisessayaimstooutlinethe assumptionsanddistinctivefeaturesthatformtheperfectlycompetitivemodelandhowthismodel canbeusedtoexplainshorttermandlongtermbehaviourofaperfectlycompetitivefirmaimingto maximiseprofitsandtheimplicationsofenhancingtheseprofitsfurther.
Inaperfectlycompetitivemarketeachfirmisa"PriceTaker",i.e.thepricesandwagesare determinedbythemarketandthefirmissosmallrelativetothesizeofthemarketthattheycan havenoinfluenceoverthemarketprice.Foramarkettobeshowmorecontent
Thisisalsolinkedintothebehaviourofthebuyersinthemarket.Buyersarealsopricetakers becausetheycanpurchaseasmuchastheywishwithoutinfluencingthemarketpriceThefinal assumptionisimportantwhenconsideringthelongtermequilibriumpriceofafirminperfect competition.Thisassumptionisthatentryintothemarketisfreeandthattherearenobarriersto entry.Anycostsincurredareincurredbyallofthesuppliers;anentrantwillpaynoadditionalcost forenteringthefirm.
Intheshortruntheperfectcompetitionequilibriumcanbefoundbygraphingthemarginalcost (MC),averagetotalcost(ATC)andmarginalrevenue(MR)curves.Inperfectcompetitiontheprice isequaltotheaveragerevenue,whichisequaltothemarginalrevenueandtheseareallconstant, givinganinfinitelyelasticdemandcurveforthefirm.Thedemandcurveis"perfectlypriceelastic" duetothehomogeneityoftheproductssupplied,whereeachsupplier,asapricetaker,mustfocus onasingleprice.Giventhis,theonlychoiceasupplierhasintheshortrunishowmuchtoproduce.
Forprofitmaximisationtooccurmarginalcosts(supplycurve)mustequalmarginalrevenue (demandcurve)Profitmaximisationisassumedtomeanthemaximisationofnormaleconomic profit(i.e.revenuethatcoversthe
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