Essays on Lunn

The term "demand" in economics means payment need, i.e. need that the subject is able to pay. From this definition it follows that the demand for a particular commodity (service) depends on the price. This means that the increase in commodity prices will lead to a decrease in demand, and, conversely, a decrease in prices will lead to higher demand. The relationship between price and quantity demanded is stable. (Agarwal, 2013) The cause of the change in demand is change. This reverse causal relationship between price and quantity demanded is the law of demand. The law of demand manifests ...

Background Information

Zalora is an Asian online fashion company that offers a variety of unique and current fashion clothes for both men and women. The company operates both in Asian nations and also internationally making it a world business. It came into existence in 2012 and operated in Malaysia, Thailand, Taiwan and Singapore among many other nations. The company works in collaboration with the best world designers such as Rizalman and Melinda in coming up with best quality products that meet their customer needs. Its use of the online services has helped the company to build a mutual relationship with its ...

Introduction

Environmental adaptation is essential to the survival of any animal. In fact, this attribute helps organisms obtain nutrients, build homes, withstand extreme weather conditions, attach mates and enhance their safety (Nelson et al. 2008). With this in mind, it is worth appreciating the fact that polar and grizzly bears have different physical and behavioral characteristics due to environmental adaptation in spite of their species similarities. The polar bear is specially adapted to survive in the cold pole regions. Its body structure and genetic composition have substantially evolved to accommodate the low temperatures and harsh environmental conditions. Its behavioral attributes ...