1. Which of the following would most likely cause equilibrium quantity and price of x to rise? (a) a fall in income when the income elasticity of demand for x is positive Wrong. This will cause a drop in demand and thus a fall in quantity. (b) a fall in the price of complementary product y Correct. A fall in a complementary product will cause a rise in demand for that product “y” and thus a rise in demand of product “x” (see graph). (c) a fall in the price of substitute product Z Wrong
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The Internet was introduced to the world not too long ago. However‚ since it’s introduction‚ it has since grown at an amazing rate. People now source the Internet for information‚ research‚ and recently‚ even shopping. Faster modem speeds have caused more people to rely on the Internet as information can be found at an amazing speed. In today’s business world‚ it has now become essential for a company to have Internet access. There are very few businesses today that do not have their own websites
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Melissa Sandoval English 52 / 6-750pm 2/18/2014 How technology has changed Technology today‚ has allowed us to connect with people with ease‚ and has made many tasks so much easier. From desktops to IPhones‚ the world we live in today allows us to communicate with anybody with wireless access with just a couple clicks of a mouse. As civilization has evolved so has technology‚ from letters to phone calls to email‚ basic communication methods have consistently progressed into the complex system
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recognition of substantive legitimate expectations is to be welcomed‚ but the standard of review in such cases remains problematic. Discuss. Fairness and legal certainty are two crucial factors to be seen in decisions made by public authorities; the doctrine of legitimate expectations was first formulated by Lord Denning MR in Schmidt v Home Secretary (1969).The doctrine comes into play when a public authority makes a declaration regarding its policy‚ or the manner in which it will exercise its discretion
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------------------------------------------------- Chapter 5—Job Order Costing MULTIPLE CHOICE 1. Which of the following organizations would be most likely to use a job-order costing system? a. | the loan department of a bank | b. | the check clearing department of a bank | c. | a manufacturer of processed cheese food | d. | a manufacturer of video cassette tapes | ANS: A PTS: 1 DIF: Moderate OBJ: 5-1 NAT: AACSB: Reflective Thinking LOC: AICPA Functional
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LEGITIMATE EXPECTATION The Legal and Institutional Background The doctrine of legitimate expectation operates as a control over the exercise of discretionary powers conferred upon a public authority. The typical reason why discretionary powers are conferred upon a public authority is to ensure that they are exercised having due regard to the particular circumstances of individual cases coming before the decision-maker – ie in circumstances where Parliament was not confident at the time
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Technology has changed the world. Technology has affected education‚ medication‚ social life‚ and etc. There are many people in this world that don’t like using technology and won’t use it only for an important thing. Technology has changed and affected the world in a positive and negative way. As technology continuously changes throughout time‚ so does the ways teachers use in their classrooms. A few years ago‚ schools had chalk boards then changed to white boards. Nowadays‚ teachers are using
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Television & VCR/DVD’s have changed dramatically over the years How has television changed over the last 60 years? This question can be answered in a variety of different ways ranging from the technological changes and advances it has gone through to the question of whether it has any type of effects on the way people perceive it‚ or if society is manipulated by what they see on television. This report will hopefully uncover and discover television how it was then until how it is now. Television
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How Google Changed the Internet Trying to find something on the internet used to be a challenge many years ago‚ today Google dominates the search engine world. Google has changed not only the way the United States uses the internet‚ but also how the world does. The search engine market on the internet is competitive; Google leads the way with the most accurate search results‚ and other online tools for users to use (Alexa). Google allow users not only to search but to organize their life‚ find
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Examine some of the ways in which the role of fathers in families has changed The domestic division of labour refers to the roles that men and women play in relation to housework‚ childcare and paid work. According to familial ideology‚ the nuclear family is most successful when there is a clear segregation (separation and distinction from one another) of gender roles. In Talcott Parson’s functionalist model‚ there is a clear division between the spouses’ role. The husband is said to have an instrumental
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