In this essay I am going use the terms of price discrimination and perfect price discrimination and how we use them as an advantage when selling our show pigs. When you sell anything the objective is to make a big enough profit to cover all the costs that were required in making the project. In this case we make a profit to cover the costs of breeding, vaccinating, feeding, and getting them ready in a way so that they look good when it is time to sell them. All those costs can add up quickly especially when you are planning on raising two hundred pigs. The main reason we use price discrimination to increase all our profits.
The first term we will use is price discrimination. Price discrimination is selling the same product at different prices
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Just because we think that they are the best pigs doesn’t mean they really are and evey buyers wants something different. The buyers then get to pick the pigs, which we already have a value to that they are un aware of. If we think that that customer deserves that pigs for the price we have picked then they can have it, but if we think we need more because of who the buyer is then we will make it more. We want to find the right price to sell the pigs at because each pig is different, some better than others and every buyer is different. One buyer could come and get three pigs for two hundred dollars and the next buyer could come and get three and have to pay two hundred fifty or two seventy five. It really all depends on what he wants to sell them for.
Another term we will use is perfect price discrimination, which is each customer is charged his or her maximum willingness to pay. In this case when a buyer wants to buy one of the best pigs we have, but there willingness to pay is only two hundred seventy five dollars and we want to sell the best ones for about three hundred fifty dollars. They aren’t going to be able to get that one they will have to get one from the next pen down. They have to deal with that because that was their maximum willingness to pay. We aren’t going to come down in prices because then we aren’t using price
Finally, the pigs use two different euphemisms to promote themselves. The first euphemism is readjustments of food said by Squealer, this was used so it did not seem the pigs were taking food from just fixing the amount. The food was reduce for everyone but the pigs and dogs while the other animals starved a bit that winter. Squealer also lied to the animals in the following quote: “In any
Humans are the equivalent to animals in the meat industry for the purpose of profit. Jurgis tours the slaughterhouse. He describes the detachment in the work environment with the slaughtering and packaging of hogs. The hogs are not treated kindly or even thought of as animals just as sales. “There was a long line of hogs," being simultaneously "swung up and then another, and another squealing] and lifeblood ebbing away together.” (Sinclair 39) There is an orderly way to set up the slaughterhouse to distract the poor immigrants of the American lifestyle. The worker wants to give more to their family and add to their financial status even if it means being away from their home country. Businesses take advantage of workers valuing their work ethic more than the idea of being miserable at work so it is done continuously with no remorse. This social construct was built and implied because no one could protest against a life that helps them survive in the America 's capitalism. People and animals are
Visualize growing up with a drunken father. Imagine having to clean up every mess he made and dealing with the anger of his drunken state. Place yourself in Martyn Pig's shoes and experience what he had to go through on the regular. He was forced to grow up with a father who only used him as a ticket to a buzz. Martyn Pig was a victim. Even pushing his at home issues aside and out of the picture, he was still bullied ruthlessly by the other students at his school. Martyn Pig is a victim and has gone through unnecessary stages in his life no child should ever have to experience.
* Buyers try to switch cost because of the same product available at other retail stores.
What is the price of cheap meat? Is the mistreatment of animals, immigrants, manipulation of local politics, and monopolizing industry really something that people want to support just so they can purchase meat cheaper and in larger quantities? Ted Genoways book The Chain: Farm, Factory, and the Fate of Our Food dives into the meat packing industry, specifically Hormel and the Quality Pork Processors Inc. He investigates how the factory is run, how the employees are exploited and mistreated, the abuse of the hogs that are used for the meat, and the overall disgust that stems from the industry. Big business has always had a reputation for being shady and always looking for new ways to manipulate rules and regulations in order for them to maximize
Authors Khullar, Barlett and Steele, Singer, and Hurst in Food Matters, argue many valid and important points previously discussed. Singer suggests that “competition in the marketplace” has a higher cost in the lives of the animals, so that their “flesh” can be provided to the consumer at a lower cost, and I agree because people can cause a strain with product demands (Singer 179). It’s easier to believe that chickens, cows, and pigs live on Old Macdonald’s happy farm than
This is where industry regulations come. The regulations discourages the monopolies and oligopolies from charging unfair prices for their products.
Those consumers that have flexibility to choose when they demand a product will benefit from price discrimination. An example of this would be workers that have the ability to take a holiday at short notice might be able to benefit from a heavily discounted price. This is second-degree price discrimination and it can be shown below on the diagram.
In other words most people would prefer to pay more and buy a more expensive product thinking that by paying more it is also superior to the other products of the same category that are cheaper. However, although the phrase “you get what you pay for” might have some validity in it that is not always the case, due to the fact that sometimes the products that might be cheaper are just as good as the competitor brand which has a higher price. In this instant it would be logical to buy the cheaper product however most human beings would opt for the expensive product, assuming that it is of better quality than the cheaper product. On the other hand, Dan Ariely rebuffs this claim and states, “We choose what we like, not what's best.” Sometimes humans don’t make decisions based on their preferences; instead they choose what they want and that leads to a process of rationalisation in order to get what they really want. However, they still want to give the impression that they were acting according to their preferences.
Authors Khullar, Barlett and Steele, Singer, and Hurst in Food Matters, argue many valid and important points previously discussed. Singer suggests that “competition in the marketplace” has a higher cost in the lives of the animals, so that their “flesh” can be provided to the consumer at a lower cost, and I agree because people can cause a strain with product demands (Singer 179). It’s easier to believe that chickens, cows, and pigs live on Old Macdonald’s happy farm than to actually
Animal farm is a book that describes the harsh reality of inequality and injustices towards people of different races in the form of animals on a farm. In a fictional world, talking animals on a farm overthrow the owner, Mr. Jones, and drive him out of his own farm. These shockingly human animals have many of the characteristics that humans have, notably greed and social class differences. In Animal Farm, the revolution and rule of the animals is used as a metaphor to show how corrupt power can lead to inequality and unfair social classes.
Pigs are unable to move in their cages. The baby pig ears, tails are cut off and their teeth are chopped off to prevent them from harming other pigs. They are castrated without any pain killer. The baby pigs are given antibiotics to promote rapid growth. Their body grows, so fast, the legs become crippled. Many pigs are ill, but are kept alive to be shipped off to slaughter to get a profit. The pigs that did not make it to slaughter are shot with a gun to prevent them from eating the farmer’s feed. Pigs are abused by beating them with a gate rod to be moved from one place to another. Most pigs arrive at the slaughter lame or dead from the crowdedness during transporting. Pigs are electrically shocked to move on the killing floor of the slaughtering
Price discrimination can be defined as when the same good or service is sold at different prices to different consumers. If we look at this definition of price discrimination, for an example, we can show that price discrimination can be seen in the entrance tickets of parks such as Universal studios; this is due to the fact that there are discounts for children and senior citizens. (Phlips L. , 1983) However, this can be seen as not being discriminative at all due to the fact that if the price difference full reflects the difference in the cost of carrying the good from the seller’s location to the buyers’ location.
What can appear before your eyes, but still go unnoticed? Class distinction takes place numerous times in Animal Farm, but is still not noticed by the low ranked animals on the farm. Class distinction is when one group or class is of more importance or has more power than other groups or classes. The author of the novel Animal Farm, George Orwell, wrote a story about two pigs that take control of a farm named Animal Farm, and use deception and power to create the greatest example of class distinction in all of the farms in the country. When the pigs rise to leadership before the rebellion, they end up dragging out their prominence till after the rebellion, and advantage of the animals lack of independence. At one point, the animals on the farm
This chapter sets out the rationale for price discrimination and discusses the two major forms of price discrimination. It then considers the welfare effects and antitrust implications of price discrimination.