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    When the price of an item increase, the quantity demanded decreases, and when the price decrease, the quantity demanded increases. Price elasticity determines how much consumers are willing to pay for goods with the changes in prices. I believe that necessities are inelastic and luxuries are elastic. In my country, a good example of an inelastic good is flying fish. This type of fish is part of the national dish of the Island and Nationals eat is in abundance. Though the fish becomes scarce at times

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    Deadpool Film

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    I’m not a huge fan of the ‘Transporter’ series, the films are a bit dumber than they are entertaining, especially the third one. That said, those films were made by what Jason Statham brought to the table. Were it not for Statham’s incredible action talents and bravado those films would have been virtually unwatchable – much like the third film. Needless to say I was extremely worried when I heard that this film lacked that crucial ingredient, as it turns out those concerns were well-founded, as

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    Blockbusters and Independent films. In order for a film to be categorized as a blockbuster there has to be heavy advertising and a high production value which calls for an enormous financial budget. Blockbuster films are usually produced by one of the major movie studios such as Warner Brothers or Paramount and star well known actors in order to draw in the audience. There is a misconception that a film is considered a blockbuster based off the success of the film in the cinema and how much it grossed. Unlike

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    Sometimes, we need a reminder of what is most important in this world. It’s good to stop and appreciate life with all of its beauty as well as its hardship, and this past week I was able to do that with the help of something I’ve never viewed before: a short film. In this Internet age, films that used to be relegated to film festivals or select theaters are now being made available online. Actually, there seems to be a new approach in the evolving marketplace of entertainment. It’s becoming more

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    Indie Film Industry

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    A new trajectory for the independent film industry has just begun. The flexibility that mobile technology provides has not only accelerated the revolution indie film production, but also it has offered the opportunity for indie filmmakers to produce films by using an alternative filmmaking technique, with no budget or micro-budget. In recent years, the demand for agility and versatility life style has risen rapidly while the development of mobile technology has been advancing. Needless to say, software

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    pronounced quality. The ability of the two films to be so relatable simply to attract a greater audience has proved itself to be a great way in obtaining a greater number of interested spectators. Robert Sklar notes an enlightening topic within his book, Movie-Made America: A Cultural History of American Movies, as he states, “In motion-picture comedy, a medium close to popular moods and tastes, the pendulum in the early years of Depression and sound swung back to the rough-and-tumble chaos of the Keystone

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    Film Mise En Scene

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    In film making, Mise-en-Scène refers to the overall look and feel of a movie. It includes everything the audience sees, hears, and experiences while viewing a motion picture. Mise-en-Scène may influence one’s mood as they watch a movie. In addition, odors, décor, lighting, and sounds can inspire one’s emotional response to a real-life setting. Citizen Kane exhibits the elements of mise-en-scène to reinforce “loss” as a recurring theme throughout the film. For example, throughout the course of the

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    Blockbuster Budget

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    to cover all the high costs. Amongst those costs are expenses for marketing and distributing the movie. Although a movie may cost a great deal to make, it does not necessarily mean that the movie will turn a big profit. There are thousands of movies made every year and only a small percentage makes it to the big screen and become successful. The budget, marketing, and distribution for a blockbuster movie and an independent film differ greatly. Blockbuster movies are financed through the major studios

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    POM Wonderful Presents: The Greatest Movie Ever Sold was released on April 22, 2011. 
 Directed by Morgan Spurlock, this film delves into the realm of commercialisation, advertising and marketing. In essence, this documentary is about product placement and is completely funded by brands. Audiences are taken on a journey, as the documentary shows Morgan pitching his idea to business executives. Over 500 companies declined Morgan’s offer to participate in the documentary. But on the other hand, there

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    setting, and any natural and artificial details that represent the movie. According to Goodykoontz and Jacobs "We get our initial feeling about the characters and what might happen by seeing where they are, what their belongings are, how they are dressed, how they are lit, and how they react" (2014). While The Godfather was shot in 1972, it's setting takes place in the years after World War II. We see at the beginning of the movie when Michael returns home from the war, his military suit is indicative

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