WEEK THREE QUESTIONS: 38) What is Utility? "The utility of a consumer is a measure of the satisfaction the consumer derives from consumption of goods and services" (p. 270) 39) What is the Law of Diminishing Marginal Utility? "According to the principle of diminishing marginal utility‚ each successive unit of a good or service consumed adds less to total utility than the previous unit." (p.272) In other words the more one consumes the more they will be satisfied until they reach a
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WHO (2015‚ February) defines measles as “a highly contagious‚ serious disease caused by a virus”. The virus that causes measles is part of the paramyxovirus family. This virus is airborne and can spread through direct person to person contact. First‚ the virus infects the mucus membranes‚ then it continues by spreading to the rest of the body. So far in 2015‚ the CDC reported that “166 people from 19 states and the District of Columbia were reported to have measles…Most of these cases [117 cases
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1. What is deviance? Give one example of deviance. a)Deviance is the violation of a culture’s norm. b)Talking on your cellular phone during class is an example of deviance. 2. What are the different types of crime? Define each type. a)Crimes against the person.These types of crimes involve direct violence or threat of violence to another person. b)Crimes against property.These types of crimes involve the theft of something that belongs to someone else. c)Victimless crimes.These types of crimes
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A point estimation is a sample statistic that gives a good guess about a population parameter. In the same way‚ a point estimate of the mean overpayment is simply a good guess about what the average overpayment for the population is. Investigating all 1‚000 claims and obtaining the overpayment amount for each would either be impractical‚ unfeasible or both. Thus‚ the auditor deems a sample size of 50 claims to be adequate and sufficiently representative of the entire population. The mean overpayment
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Regulation and the Greater Good After viewing The Crisis of Credit Visualized video‚ respond to each of the following: 1. How could government regulations have prevented or mitigated the credit crisis of 2008? The government could have placed tighter constraints on the credit market; the government agencies charged with managing banking policies and procedures could’ve formulated a policy that would require that banks were only able to hedge a certain amount of liability as long as they had enough
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Unintentional discrimination occurs when a company’s policies uncritically reflect prejudicial stereotypes yet do not involve overt racial prejudices of its managers or executives. Does legislation to verify voter identification fall under the domain of unintentional or intentional discrimination? Explain your views. In my opinion‚ legislation to verify voter identification falls under the domain of unintentional discrimination. In our text‚ it defines intentional discrimination as “Discrimination
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In your opinion‚ what is the best way to reduce child labor for multinational corporations? How is the phenomenon of child labor viewed from your ethical perspective? Given the ethical perspective of a particular group to which you currently belong‚ or previously belonged‚ how would child labor be viewed? In my opinion‚ the best way to reduce child labor for multinational corporations is to help the host nations in stressing the value of education to its citizens and improving educational opportunities
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Quaterra Strategic Plan Final BUS/475 March 26‚ 2013 Quaterra Strategic Plan Final Every business needs a plan‚ in that plan businesses need direction. Business that want to be successful will have both a great plan going in a great direction‚ with investors‚ board members and employees that believe in the same outcome‚ together they will be willing to implement the plan in order to have success. Quaterra Alaska a junior exploration company has a plan to the leader in the mineral
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ACC565 Week 10 Discussion 1 and 2 Name Course University 6/12/2014 Discussion 1 Imagine a situation in which a client under audit by the IRS omitted $100‚000 in income. From the e-Activity‚ examine the major factors relative to the omission by the client that would result in a criminal investigation‚ rather than a civil fraud proposal by the IRS. Evidence of Fraud It must be noted that any such activity comes under fraud or an attempt to miscommunicate to the stakeholders of the company
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Since the third letter of my last name is the letter L‚ I have to solve problem 46 on page 636 and problem 48 on page 646. This first problem will be solved by factoring the polynomial formula of ax^2+bx+c to get a*c(-30) and to add up to (-1) we have a=2‚b=-1‚and c=-15=0. The new equation is (2m^2-m-15) Original equation: 2m^2-m-15=0 Step 1. (2m^2-6m+5=15=0) To start we separate the fraction. Then solve both sides of the original
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