1. Question : (TCO A) There is a decrease in the cost of labor for producing bicycles. (4 pts.) What happens to bicycle supply? (6 pts.) What happens to bicycle demand? Student Answer: When there is an increase in the price of labor for making bicycles the supply would decrease because it would cost more to make the bikes and the supply curve would shift to the left. There would be no change in the demand for the bicycles. Instructor Explanation: Since a change in costs to produce the
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Team Reflection Paper Week 2 LAW/421 2/2013 Team Reflection Paper Week 2 The differences between substantive law vs. procedural law‚ is substantive law deals with the legal relationship between people or the people and the state. For example‚ substantive law defines degrees of murder in a case. Procedural law comprises the set of rules that govern the proceedings of the court in criminal lawsuits. For example‚ procedural law is the time allotted for one party to sue another
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Individual Exercise 3 (10 points) 1. A shoe manufacturer’s data show that the distribution of shoe size is normal with a mean of 11inches and SD 1.5 inches. * A manger of the company claims that 70% of the times shoe size will be between 8 and 12 inches. What do you think? In your deliverables‚ write a few lines about what you think of the manager’s claim and what would you advise him to do. (1 point) * How would you modify the manager’s claim if the distribution of shoe size was not
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Differentiating Between Market Structures ECO365 Kudler Fine Foods is the brain child of Kathy Kudler. She envisioned a one stop gourmet food store and has grown to three locations to date. She continues to maintain direct control over large bulk purchase order items‚ stringent customer service policies‚ and hiring. This paper discusses how the organization competes in the marketplace and the strengths and weaknesses of the company according to the marketing surveys their customers completed
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becoming conscious of living life; the ’organic way’. Eco friendly products combining high quality with socially conscious environmentalism has become a faction‚ and is in vogue Eco friendly labels are now appearing on many products‚ due to the efforts of the companies to be perceived as environment friendly. Health concerns represent a potential source of benefits and demand for organic apparel. Our company deals with the manufacturing of eco-friendly clothes and bags. ’Green clothing’ is made
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Part 1 of 3 - 100.0/ 100.0 Points Question 1 of 16 10.0/ 10.0 Points Demand is price inelastic if: A.the price of the good responds slightly to a quantity change. B.the demand curve shifts very little when a demand shifter changes. Correct C.the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price. D.all of the above are true. Answer Key: C Question 2 of 16 10.0/ 10.0 Points If the absolute value of price elasticity
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assuming they are classified as available-for-sale. (e) Prepare the journal entry(ies) related to the available-for-sale bonds for 2013. (f) Prepare the journal entry(ies) related to the available-for-sale bonds for 2015. P17-3. (Available-for-Sale Investments) 2 3 Cardinal Paz Corp. carries an account in its general ledger called Investments‚ which contained debits for investment purchases‚ and no credits‚ with the following descriptions. Feb. 1‚ 2014 Sharapova Company common stock‚ $100
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regarding status systems? • Anything can have status value if others in the group evaluate it that way. 2. The ________ stage in the group development process is complete when members begin to think of themselves as part of a group. • Forming 3. Conflicts can be resolved by withdrawing from them or suppressing them. This conflict-management technique is known as ________. • Avoiding 4. Which of the following will help in making communities of practice successful? • Having clear accountability
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4751% C = 10% ($100) Price = $850 YTM = solve PMT = 100 i = solve Yield to Maturity = 12.48% 5-6 Maturity Risk Premium The real risk-free rate is 3%‚ and inflation is expected to be 3% for the next 2 years. A 2-year Treasury security yields 6.3%. What is the maturity risk premium for the 2-year security? r = r* +IP+DRP+LP+MRP 6.2=%3% + 3% + 0 + 0 + MRP 5-7 Bond Valuation with Semi-Annual Payments Renfro Rentals has issued bonds that have a 10% coupon rate‚ payable semiannually. The bonds
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Week 2 Reflection Amanda Parks‚ Jesse Neri‚ Daniel Silva HRM/531 May 26‚2015 David Stocker Week 2 Reflection For this week’s employee compliance plan‚ understanding state and federal laws will help these business owners ensure proper compliance and avoid any legal issues. Discussing laws such as the Civil Right Act of 1964‚ the Age Discrimination in Employment Act of 1967‚ and the Occupational Safety and Health Act ensures businesses take their employees into consideration. These federal
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