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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continue to reap huge profits. Therefore‚ price controls must be imposed‚ because we cannot tolerate these huge profits any longer. Answer Selected Answer: Either/Or fallacy Correct Answer: Either/Or fallacy Question 3 5 out of 5 points Correct Raising a child is like growing a tree. Sometimes violent things‚ such as cutting off branches‚ have to be done to force the tree to grow straight. Similarly‚ corporal punishment must sometimes be inflicted
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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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policies by determining if an applicant is eligible for insurance coverage. A. Task Dimension: Analysis KSAOs Importance to Tasks (1-5 Rating) 1. Knowledge of underwriting operations. 4.9 2. Knowledge of underwriting and state-specific practices. 4.1 3. Ability to match policy rating with office guidelines. 4.0 4. Ability to read and interpret laws and guidelines. 5.0 5. Skill in determining acceptable and non-acceptable risks. 5.0 6. Ability to interpret and implement loss-control guidelines. 4.4
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Hypothetical Business & Forms of Business Organization Week Two Assignment: BUS/210 - FOUNDATIONS OF BUSINESS University Of Phoenix Hypothetical Business & Forms of Business Organization The business I choose will be a restaurant for the purpose of the examples as we all have experience with them on a regular basis. The Joint-stock company‚ In this model we need to raise money to open or run our restaurant we want to make up for the
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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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Ms. Field states‚ “I taught in really terrible public schools through the NYC Teaching Fellows program”‚ she also states that she has since quit teaching and is working on a novel. Her first book of poems “Rising” won the 2007 Levis Poetry Prize. 3. I feel depression is the theme of this poem. She talks about things she has never done and will never do. She talks about being invisible and lost. 4. I feel she is depressed and perhaps contemplating suicide. She talks about things she will never
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Interpreting Financial Results Roxanne McCarthy FIN/571 June 9‚ 2014 Susanne Elliott Interpreting Financial Results Entrepreneur and business proprietors employ the financial ratios for their means to compute the administrations levels along with their accomplishments. Financial ratios comprise the assets‚ the result of the output‚ and the liquidity. The liquidity ratios maintain the company directors through determining in addition to satisfying the companies short-term monetary requirements. The
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