The Synergistic Effect of State Regulation - MyAssignmenthelp.com

Question: Examine aboutThe Synergistic Effect of State Regulation. Answer: Presentation The current examination presents an exhaustive investigation of the compensation report of the organization Westpac Banking Corporation (WBC) to increase understanding in regards to official compensation and compensation. This portion presents subtleties of the exhibition quantifies that are used and assesses the benchmarking and scorecards alongside the utilization of various non-budgetary measures. Moving further, this examination additionally audits the accessible writing on assorted parts of techniques used for investigation of official compensation and gets a few insights regarding the measurements utilized. Besides, the examination likewise presents media reports and points of view of experts to research any sort of open conversation about the compensation of the relevant official. Survey of subject: The subject viable shows existing writing on compensation of the organization Westpac Banking Corporation (WBC). Nitty gritty survey of the compensation report uncovers the way that compensation technique of the firm Westpac Banking Corporation (WBC) is structured and created to pull in and simultaneously holds gifts. The administration of the firm follows a compensation technique focused on maintenance of experienced, qualified individuals from the board and strategies to compensate them appropriately. Fundamentally, the compensation strategy of the gathering underpins the vision just as procedure by methods for requiring the structure and organization of compensation to line up with the client and interests of investors. WBC has a compensation Committee that guides the board to fulfill the compensation accountabilities to different investors by checking the arrangements of the compensation just as practices of the whole gathering, activities of the outer compensation, advertise des ires and administrative necessities in Australia and universally. Audit of writing: Investigation of the organization writing introducing compensation report of the organization Westpac Banking Corporation shows that the exhibition of each section is dissected and listed with direction to the way chance is taken care of (Maas and Rosendaal 2016). Moreover the results are likewise expected to impact compensation results for responsible laborers. Both the load up just as the compensation board of trustees distinguishes the scorecard approach at the hour of tolerating a scope of reciprocal execution destinations, may not help in total appraisal of generally speaking execution. The compensation board of trustees along these lines utilizes optional acclimations to the scoreboard results for both the CEO just as gathering officials (Deschenes et al. 2015). The Group adjusted scoreboard utilizes various measures to be specific, financial benefit, center profit development, capital administration and adherence to aggregate hazard hunger the executives. Furthermore, the reasonable scorecard additionally utilizes administration goals, development roadways, computerized change, individuals and manageability as proportions of execution (Safari et al. 2016). The gathering worried over the arrival over development and necessities of capital along with the credit chance weighted resources (Story 2014). The component of financial benefit that alluded to the fundamental returns that produce an incentive for organization investors have 30% weight and appraisal of execution is finished by dissecting the hole among target and accomplished. Thus center development in income demonstrated by the income development and comparing costs of the firm has 10% weight. The exhibition of the CEO is likewise assessed by breaking down smooth conveyance of steady just as maintainable development in companys center income Westpac.com.au. (2018). Execution disciplines are additionally counted by inspecting the board of capital that helps in giving solid, steady just as reasonable capital establishment dependent on which business can develop. Announcements show that Capital just as liquidity positions are very much situated to fulfill novel necessities and it has 10% load in investigating execution (Riaz et al. 2015). Once more, consistence to the hazard hunger proclamation likewise helps in verifying that the organization can work inside the adequate furthest reaches of hazard resilience (Gitman et al. 2015). This measurement conveys 10% load in assessing execution as far as outside hazard, administrative just as consistence condition Westpac.com.au. (2018). What's more, administration goals additionally helps in putting clients at the center of all that they perform and go about as a compelling proportion of the presentation in the scorecard. Also, building expressways of development can help in making sure about up and coming development in explicitly income. This conveys 10% load in the scorecard for estimation of execution of CEO. The proportion of computerized change can be viewed as a decent measure that investigations the arrangements that gauge the prerequisites of the clients. WBC has achieved profitability investment funds by methods for digitizing activities and exchanges, diminishing manual activities and upgrading e-proclamations. This fragment likewise shows that the organization overhauled the Cyber security Coordination Center for better identification to overall patterns, novel consider focus system that can tangibly improve the experience of calling WBC (Westpac.com.au (2018). Moreover, the portion of individuals in the scorecard bears the heaviness of 10% and is utilized in examining the condition that moves then workers to perform to the best of the abilities and all the while drives the right conduct. The organization has been pronounced as the Dow Jones Sustainability Indexs most practical establishment for fourth back to back year. Table: Reward Structure (Source: Westpac.com.au 2018). Table: Performance Scorecard (Source: Westpac.com.au 2018). The all out remuneration structure of the firm WBC shows execution alongside administration just as hazard change overlay. The yearly report imitates the way that the presentation is fundamentally inspected by the organizations board with direction to the hazard the executives systems of the gathering and its different divisions. Table: Reward Structure (Source: Westpac.com.au 2018). Investigation of the prize structure shows that in factor reward area, both money related just as non-monetary execution is in accordance with the technique of WBC over the short just as the medium term time frame. In STI (transient motivator) financial benefit, results of clients, individuals just as manageability are utilized as explicit measurements. Once more, TSR is utilized as an exhibition measure in long haul motivator (LTI) of the variable prize structure of the firm. Once more, ROE means to remunerate explicit accomplishment of earned returns that is well beyond the capital expense while producing estimation of investors (Westpac.com.au 2018). Extensive work is embraced on especially lead just as culture with focus on fortifying behavior the board all through the gathering. The Media report shows that the organization is reacting to the adjusting administrative just as industry scene with explicit activity on item remediation program, initiating Australian Bankers Association industry recommendations and expanding the compensation system. Once more, an article distributed in November 2017, from the Financial Review specifies that the bank request wants to deal with the manner in which the banks dispenses the official compensation and should be put under magnifying instrument. End As per the report, the fundamental driver of the way of life of the bank is the compensation bundle of the officials. In view of this, it very well may be said that the upgraded presentation of the monetary exhibition of the Group and remarkable vital headway prompted an expansion in momentary motivators that is payable to boss administration work force during this year. Consequently the Board needs to consider that, all in all, execution all through a wide scope of measurements outperformed recorded desires. Along these lines, it is essential to contemplate the compensation structure and the results in this manner picked up from the compensation bundles. Investigation of the yearly report of the firm additionally duplicates the way that the drawn out motivations of the firm likewise didn't vest since the broadening snags that was set by the load up when the impetus were first pronounced during the year 2014 were not accomplished. In that capacity, these drawn out motivations may ord inarily comprise of 33% of the compensation of the official. References Deschenes, S., Boubacar, H., Rojas, M. what's more, Morris, T., 2015. Is top-administration compensation affected by board characteristics?.International Journal of Accounting Information Management,23(1), pp.60-79. Edmonds, T.P., Edmonds, C.D., Tsay, B.Y. what's more, Olds, P.R., 2016.Fundamental administrative bookkeeping ideas. McGraw-Hill Education. Gitman, L.J., Juchau, R. what's more, Flanagan, J., 2015.Principles of administrative account. Pearson Higher Education AU. Maas, K. what's more, Rosendaal, S., 2016. Manageability focuses in official compensation: Targets, time span, nation and area specification.Business Strategy and the Environment,25(6), pp.390-401. Riaz, Z., Ray, S. what's more, Ray, P., 2015. The Synergistic Effect of State Regulation and Self-Regulation on Disclosure Level of Director and Executive Remuneration in Australia.Administration Society,47(6), pp.623-655. Safari, M., Cooper, B.J. furthermore, Dellaportas, S., 2016. The impact of compensation structures on monetary revealing quality: proof from Australia.Australian Accounting Review,26(1), pp.66-75. Story, J., 2014.New Perspectives on Human Resource Management (Routledge Revivals). Routledge. Westpac.com.au. (2018).Annual reports | Westpac. [online] Available at: https://www.westpac.com.au/about-westpac/speculator focus/monetary data/yearly reports/[Accessed 6 Jan. 2018]. Weygandt, J.J., Kimmel, P.D. furthermore, Kieso, D.E., 2015.Financial Managerial Accounting. John Wiley Sons.

Death Of A Salesman Essays (1073 words) - English-language Films

Passing Of A Salesman Passing of a Salesman: In the play, Arthur Miller's Death of a Salesman: Willy Loman, a thoughtful sales rep and abominable dad who's ?life is a pushing off? has a few characteristics that coordinate Aristotle's perspectives on a shocking saint. Willy's arrangement of ?high points and low points? is indistinguishable to Aristole's perspectives on appropriate unfortunate figure; a lord with blemishes. His flawed character, the money related battles, and his inabiltity are three substantital imperfections that add to his disappointment and sad end. Willy, a maturing sales rep who sells nothing, is manhandled by the purchasers, and repeatly gets cash from Charley to make a decent living. He is irritated by the way his chief, Howard terminated him subsequent to laboring for thirty-four-years at a similar organization, ?You can't eat the orange and discard the strip - a man isn't a bit of organic product!? (Mill operator, 61). Willy is doing combating for his life, battling to support a feeling of himself that makes it beneficial living at all in a world which apparently offers less and less space for the person. Presently, If the facts demonstrate that disaster is the consquence of a man's all out complusion to assess himself legitimately, his devastation in the endeavor places an off-base or a malevolence in his condition. Furthermore, this is correctly the profound quality of disaster and its exercise. The revelation of the ethical law, which is the thing that the illumination of catastrophe comprises of, isn't the disclosure of some theoretical or powerful amount. (mill operator, basic man) His concern is that he has so totally acknowledged the estimations of his general public that he judges himself by norms established in social legends as opposed to human necessities. This absence of understanding is strikingly similiar to attributes of the lamentable legend. As Aristotle's composes, the terrible legend, ?Lives for respect and distinction?. The glaring purpose of his flawed character of ignoring others incorporates those nearest to him, his significant other, Linda and his two children, Biff and Happy. ?You'll resign me for life on seventy goddamn dollars seven days (Miller, 28) is proof of the pitilessness Willy can appear toward Happy as he does to Biff. Willy squeezes his more established child, Biff, to get him out in his period of scarcity, ?Hap, [Willy] got the opportunity to comprehend that I'm most certainly not the man someone loans that sort of cash to,? (Mill operator, 81). Before, Biff went unexpectly to Boston, to an inn where Willy was staying and asks Willy to return to New York and persuade his math educator to give him a ?passing evaluation? in a math course so he can graduate on schedule. While there, Biff sees the ?WOMAN' in his dad's inn room. Willy, from the start, claims she is in the room since her shower is broken; at that point he changes the story and says he knows her through work, ?They're painting her room so I let her wash up here. Return, go back...? (Miller,93). It didn't improve at home either. He continually puts down his significant other and abhors it when she intrudes on him in his discussions with Biff and Happy, Willy responds angrily,?[to LINDA]: Stop intruding!? (Mill operator, 47). Willy does the best as he know how since his dad was never there for him. In spite of the great impact Willy has on his significant other and two children, he is a decent dad to his children - on the grounds that he invests energy with them. Generally, he is a not too bad spouse who never manhandled his better half however his wrongs outweight the postive things he did for his family. He makes some troublesome memories offering anything to acquire cash, ?A hundred and twenty dollars! My god, if business don't get I don't have the foggiest idea what I will do!?, (Mill operator, 23). He buckles down he has nothing to appear for it. He concludes that it was hard for him to head out to spots of business and asks his chief, Howard, on the off chance that he can work nearer to home in New York. He gets terminated for inquiring. His budgetary battles proceed with late bills, and no installment for his top notch protection; he is venturing profound into the red. He overlooks the issues and imagines that everything will be okay. On account of the blasting economy, he is abandoned in the residue; everyone goes after situations in their individual callings, in the realm of America's business. For, on the off chance that it is consistent with state that basically the disastrous saint is goal after asserting

Jon and me

Jon and me Last night, Jon Stewart announced his plans to leave  The Daily Show, which he has hosted since 1999. The news shocked his studio audience and his far-flung fans. Maybe that was the case for you. It definitely was the case for me. I was 12 when Jon Stewart began hosting TDS, but the first episode I really remember watching was the night of September 11th, 2001. I was a freshman at a new school in a new town in a new state; in fact, I was still living in an extended stay hotel with my family because we hadnt yet been able to move into our new home. My world, which throughout my (privileged) childhood had seemed like a stable and comprehensible place, had suddenly exploded into almost unintelligible complexity both locally and globally. On that night, and many that followed it, Jon Stewart was one of the people who helped me pick up the pieces and start to make sense of them again. I watched TDS nearly every night in high school, alone, with my brothers, or with my best friend Shane. It was the only television show for which I consistently made the time. It was a source of news, humor, and moments of zen, but even more fundamentally, it shaped the way I came to see the world. I expect that most people reading this have seen at least an episode of TDS and are familiar with its basic approach under Stewart: juxtaposing clips to expose hypocrisy and conjure humor, cluelessly confident/confidently clueless correspondents, and interviews that ranged from the inane to the interrogative (often in the same segment). Whats harder to express or explain is the impact that watching The Daily Show, well, daily, had on me: the skeptical, sarcastic drive to call out BS, animated by an earnest belief that there is a truth out there that is worth searching for, even if you can never quite apprehend it. More than a decade (and a graduate degree in media studies from MIT) later I now have concepts that help me understand and critique Stewarts approach at an intellectual/theoretical level (the rhetorical mode of the ethical appeal; the problematic ideal of moderation for its own sake), but I only encountered these concepts in the academic context long after  they had already been baked deeply into the way I saw and interacted with the world. Under the influence of TDS I  became a news and politics junkie, taking as many civics courses as I could during the day and mainlining political forums  every night. I cofounded the school newspaper (with my friend and fellow alum  Dara) in part so I could editorialize on current events. When, during my senior year, the faculty gave me the award for excellence in social studies and my classmates voted me class clown, I really felt like I was developing a sense of myself. That fall, I applied to a bunch of SLACs and state colleges in New Englandand also to the College of William and Mary, in Williamsburg, Virginia, in large part because Id read Stewarts commencement address; when I got in (off the waitlist), I enrolled, in large part because Stewart had attended. It turns out that this is in fact a terrible way to pick a college, and I soon transferred. At UMass, I rigged up a projector in my dorm room and watched TDS while practicing guitar, and got a job for a website aggregating w eird news and writing jokes about it. When I came here, and had to learn to tell the story of MIT in information sessions, I hoped I could eventually make it funny. It wasnt until Dave told me that my delivery sometimes reminded him of TDS that I realized how profoundly my sense of whats is funny had been shaped by the show. I never have been, and never will be, as funny as Jon Stewart or any of his talented team, but when (occasionally, accidentally) I am funny, it is often because Ive seen something the way he (and they)  taught me to see it. When I do the best I can, reading applications and in committee, to cut through BS and try to figure out what the right thing to do is, however naive and unreachable that hope might be, its in part because he did that to more powerful figures before a more public audience.  And when (like now) Im painfully, awkwardly earnest in blog posts, searching for a truth we can never reach but thats still worth seeking, I know that his voice in some way inflected what has become my own. I titled this post Jon and me. This is not really accurate: there is no Jon and me. Jon Stewart has no idea who I am and no reason to care. There is, however, a Jon, and me. Because even though I havent often watched TDS  over the last few years (because: applications), and even though I can more clearly see when and where the show succeeds and fails, his humor, insight, and moral clarity shaped me as much as almost anyone outside my immediate family. Generally speaking, we dont pick our role models: our role models happen to us. All things considered, I could have had a lot worse happen to me. And now, for your moment of zen, a (young) Jon Stewart introducing himself back in 1999. A moment for us is gone, but from change comes growth. Thanks for everything, Jon. Heres to whatever you do next. The Daily Show Get More: Daily Show Full Episodes,The Daily Show on Facebook,Daily Show Video Archive

conduct marketing audit assessment task 2 - 1449 Words

Sarto’s gourmet pasta process good information about the market and knows a great deal about the common attributes of our most prized and loyal customers. Sarto’s gourmet pasta will leverage this information to better understand who is served, their specific needs, and how sarto’s can better communicate with them. External audit External macro-environmental factors Economic factors: pasta sales are expected to grow by at least 10% for the next years. One of the reasons for this is the increase in number of hours people are working, which has resulted in more number of people eating out. Based on economic forecasts, the business believes that interest rates are coming down which will creat more disposable income, and therefore, more†¦show more content†¦These focus group provided useful insight into the descision and dicision making process of customers. An additional source of market research is carried out by suggestion card system. Sarto’s claim that it will work hard to implement reasonable suggestions. Access to ongoing market research will be achieved via the publication from the restaurant association but according to adriana como, even though there was sufficent data available in the restaurant association monthly magazine but this infromation not being used. The magazine is just kept for the staff and its never consulted by Mario. Internal sales data The internal sales data showed that the business would need $45,000 in monthly revenue to break even. The sales forecast which have been prepared keep in mind a 65% gross margin, however, based on actual figure for 2009, this target has not been reached, and the forecasted sales have fallen. Supply chain management and ligistics Adriana como is currently incharge of sales and promotions of the restaurant. Based on the interview conducted with her one fo the biggest problems she is facing that the phone ordering system is constructed in the kitchen next to cook with most responsibility to compile and check every meal. This has been creating real logistcsShow MoreRelatedUnit 3-Business Studies Level 31729 Words   |  7 PagesRSA Academy BTEC Nationals in Business (Level 3) (September 2010 onwards) Unit 3: Introduction to Marketing |Route: |BTEC Level 3 Certificate Diploma | |Unit code: |Y/502/5411 | |QCF Level 3: Read MoreAssigment Essay8327 Words   |  34 PagesAssessment Materials BSBMKG515A Conduct a Marketing Audit To achieve competency in this unit you must complete the following assessment items. All tasks must be submitted together. Tick the boxes to show that each task is attached. ï‚ · ï‚ · ï‚ · Task 1. Marketing Plan Review Task 2. Conduct a Marketing Audit Task 3. 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The Importance of the Structure of Dna - 1582 Words

Ka Zhu The Importance of the Structure of DNA Understanding ideas at a macroscopic scale is simple. Looking at a clock, observing and understanding the movements of the hands over the numbered surface are, in essence, all one requires to use the device. In order for innovation to occur, it is imperative to understand the inner workings of the device on a microscopic scale to modulate its properties. Such is the case for many innovations in science, from the heat engine to penicillin, and is no different for biological advancements. Like the seed of a plant, the understanding of the structure of DNA constitutes the basis of all life, establishing a foundation upon which explanations of increasing complexity can be developed. In the eyes†¦show more content†¦Although it is clear that the discovery of the structure of DNA was not a Kuhnian Revolution, the information is still a crucial part of the foundation of biology and human understanding of their surroundings. Naturally, humans e xist in a dimension where they acknowledge their surroundings with the help of the naked eye. With physics, humans are able to venture to a macroscopic dimension of enormous celestial bodies enveloped in vast, seemingly endless space to interpret the behaviour of their surroundings in addition to what was currently known. The discovery of the structure of DNA enabled humans to venture into a new dimension to further extend their understanding of the world to microscopic elements. Not only does the new dimension allow for the development of scientific explanations for the behaviour of organisms, but it also grants humans the knowledge and power to manipulate their surroundings at a new microscopic dimension, thus allowing them to advance civilization in a completely new frontier. Before the major discovery with DNA, there were merely simple observations and conceptualizations of observable biological phenomena (Schrà ¶dinger,Show MoreRelatedYu Sun Park. Dr. Murphy. 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Venice Commentary Free Essays

Tyler Every March 25, 2013 Written Commentary 6: Venice by Jan Morris The author’s purpose is to describe the setting by contrasting her culture to Venice and by using irony to display the people, surroundings and daily life. A mother who just started living in Venice is telling us about the setting and her life in Venice. She uses irony, humor and contrast to build the imagery of the city and people. We will write a custom essay sample on Venice Commentary or any similar topic only for you Order Now Throughout the passage the author uses irony to convey the surroundings and the image that the city is not somewhere you would want to live in. The irony of her arguments is that her reasoning in why Venice isn’t a pleasant city to live in, because it is â€Å"inescapably urban,† (line 8) and that there are no gardens for kids to play. A worthy excerpt is â€Å"It is not altogether an easy city for children to live in. It has no dangerous traffic and few unspeakable rascals; but Venice is inescapably urban, and only lucky children with gardens, or with parents indulgent enough to take them to the distant park, have somewhere green to play† (Lines 7-9). She uses false dilemma by focusing only on the black and white of Venice. She focuses on that Venice has no garden, so that she still misses her culture and country. She focuses only on the immoral instead of the safety or great things about Venice. She sees Venice being inescapably urban as a gigantic dilemma while she says it is a rigid city to live in; it has no dangerous traffic and rascals. Here the mother uses sarcasm to present humor during the passage. The protagonist also uses irony when describing actions, people and the setting. Morris uses two words in pair like sickly intensity, unashamed delight, exquisitely ludicrously, inescapably urban, blithe pathetic, lugubriously assure, dauntingly spotless and frighteningly well informed. Using two words that are opposite, Morris creates irony. By juxtaposing these words, Morris also creates imagery. It creates an image of what the mother sees as an outsider. Through her eyes we see Venice as a city filled with buildings and houses and no green gardens because of the surrounding buildings. The author uses detail and diction to indicate her attitude toward the Venetian people. She does this mostly in the first and second paragraph. â€Å"Venetian mothers show signs of instant cardiac crisis if little Giorgio ventures within six feet of water† (line 2-3), she makes fun of venetian mothers by pointing out that they will have a cardiac crisis when their children are close to the water, they are to over protective of their children. The humor in this is that Venice, Italy is surrounded by water, and so Venetian mothers would be losing their cool for their little Giorgio. With these details and diction, she is making a mockery of the Venetian people. â€Å"Venetian children are exquisitely, if sometimes rather ludicrously dressed: the minutest little baby girls† (lines 3-4), minutest means extremely small, by using repetition, the author is emphasizing the point that the mother doesn’t like the Venetians because she criticizes them throughout the passage. Using exquisitely and ludicrously who are on complete other spectrums in terms of meaning. The children are beautiful, but at times foolish. Blithe but pathetic are the groups of urchins to be found entertaining themselves† (line 10) blithe and pathetic are two contrasting words. The mother also stoops so low by calling the children urchins again going to mischievous and raggedly dressed. The author also uses humor to appeal to our sense and keeping us attracted. Humor is present in â€Å"When the Doge’s palace was burnt in 1479, the only record left of Petrarch’s i nscriptions upon the walls was the notebook of Marin Sanudo, who had taken the trouble to copy them down when inspecting the palace at the age of eight. He went on to write a history of the world in fifty-five volumes)† (lines 30-33). It made me laugh the thought of seeing little Giorgio next to the water while his mother loses her cool. The last two sentences leave us with a wisecrack about the Venetians. When the Doge’s Palace burnt they had no copies of Petrarch’s inscriptions except the one of a child’s notebook. It is hilarious to think that they had to copy someone’s notebook’s writing or put that as their historical record. Also saying that this kid went on to write the history of the world in fifty-five volumes is absurd. Who would ever do this? The mother leaves us with this remark again mocking the Venetians for their â€Å"lack of intellect and absurdity† and reliance on a kid’s notebook. When reading that this kid later writes the history in fifty-five volumes, the author creates this image that the Venetians lack the purity of Petrarch’s records and that their claimed knowledge from the child’s notebook might be terribly wrong. Thus, leaving us laughing at the Venetians and proving her point of mockery. How to cite Venice Commentary, Papers

Glut Of Poultry Saves Shoppers Chicken Feed- Free Sample

Question: 1. What information would be required to determine whether the poultry processing market, which produces "disassembled bird parts," is competitive? Briefly explain the significance of whether this market is competitive or not. 2. Now, assume this market is competitive. Based on this assumption, describe the short-run equilibrium for both the market and a typical processing firm. Using both graphical and algebraic approaches, interpret and explain the key features of the equilibrium. Answers: 1. In order to determine whether the poultry market is competitive, there should be changes in the variables like price. The price of the poultry products is also in the similar range, which means there is a very small difference in the prices. In order to attract the customers there is price war, which is exerted by the producers. In a competitive environment, the demand is high. In a poultry glut economy, demand would be low due to Asian H5N1 flu infection. The buyers are reluctant to buy chicken that is infected by the virus. The competitive market is the one, which includes rivalry among the sellers and are always willing to gain large market share and increase the rate of profit. The poultry market in this scenario can be termed as uncompetitive as the sellers are lessening the price due to chicken slump so that more customers are attracted. The processing firms in the competitive market would still wedge a price war so that more customers are attracted despite the market scenario. The firms would offer more discounts to the suppliers so that market share is increased (Gray, 2016). 2. When there is competitive market in the poultry market then there is no lack of information in the market. The processed market for chicken has seen to affect negatively the normal operations. This change has not affected the demand of chicken items of the fast food industry. In the production market, producers are the first to be affected by the price change. When there is no free flow of information in the poultry market, the consumers are susceptible to changes (Gray Kilman, 2016). Figure 1 In case of short run, competitive market there will be super normal profit earned by the firm. The profit maximizing condition is MR=MC. The profit is the shaded portion. References Gray, S. (2016).McDonald's Menu UpgradeBoosts Meal Prices and Results.WSJ. Retrieved 22 January 2016, from https://www.wsj.com/articles/SB114022907202077745 Gray, S., Kilman, S. (2016).Glut of Poultry Saves Shoppers Chicken Feed.Glut of Poultry Saves Shoppers Chicken Feed. Retrieved 22 January 2016, from https://www.wsj.com/articles/SB114842929129661266