16. When demand decreases in a competitive market, a. Supply rises. b. Actual price rises. c....

16. When demand decreases in a competitive market,

a. Supply rises.

b. Actual price rises.

c. Quantities sold increase.

d. Equilibrium price falls.

e. Shortages emerge.

20. The easiest and most inexpensive form of business organization to establish is a

a. Corporation.

b. Partnership.

c. Firm.

d. Proprietorship.

e. Foundation.

22. An important distinction between corporate and unincorporated businesses is that

a. Corporations are able to borrow money; unincorporated businesses must be finance from internal sources.

b. Corporation owners have unlimited liability; unincorporated businesses are limited in their liability.

c. Income earned by corporations may be subject to double taxation; income of unincorporated businesses is taxed only once.

d. Corporations have a limited life; unincorporated businesses have an unlimited life.

e. It is impossible for the income of unincorporated businesses to be taxed at a higher rate than the income of corporations.

23. In free markets, the price system encourages producers to meet consumers’ wants because

a. It signals producers as to which goods are profitable.

b. Consumers are generally willing to pay more than the actual price.

c. It rewards consumers for the resources they bring to the marketplace.

d. It allows the government to direct firms to the best production technique.

e. Producers have the public interest in mind.

30. In addition to preferences, a consumer’s choice is further constrained by

a. Nothing.

b. A rising marginal utility curve.

c. An equilibrium market where utility is minimized.

d. Income and commodity prices.

e. The fact the optimal market basket is rarely in the equilibrium market basket.

In: Economics

Draw a picture that shows FA oxidation vs. FA synthesis Color-code each pathway Include: All steps...

Draw a picture that shows FA oxidation vs. FA synthesis

  • Color-code each pathway

Include:

  • All steps to each pathway
  • How they are Regulated by Insulin vs. Glucagon
  • Indicate rate-limiting steps/enzymes
  • ALL Enzymes, products and substrates
  • Location of each pathway

In: Biology

In IRAC Form Clifford Aymes was hired by Jonathan Bonelli of Sun Island Sales, Inc., to...

In IRAC Form

Clifford Aymes was hired by Jonathan Bonelli of Sun Island Sales, Inc., to create a computer program for Sun Island to use in maintaining records of its cash receipts, inventory, sales, figures, and other data. No agreement was reached as to ownership rights in the program that Aymes developed, called CSALIB. Aymes did most of his programming at the Sun Island office. Although Bonelli gave Aymes frequent instructions as to what he wanted from the program, Aymes generally worked alone and enjoyed considerable autonomy in his work. He worked fairly regular hours, but he was not always paid by the hour—occasionally, he submitted bills (invoices) to Sun Island for his work. Aymes never received any employee benefits, such as health insurance, and Sun Island never withheld federal and state taxes from Aymes’s paycheck; nor did it pay any Social Security taxes on Aymes’s earnings. When Bonelli unilaterally cut Aymes’s hours in violation of an alleged oral agreement, Aymes left Sun Island and demanded compensation for Sun Island’s use of CSALIB. Bonelli refused to pay Aymes for the program’s use and also stated that he would not pay Aymes $14,560 in back wages unless Aymes signed a form releasing all rights in CSALIB. Aymes then sued Bonelli and Sun Island for copyright infringement, and the court had to decide who owned the copyright in the program. Central to the determination of this issue was whether Aymes was an employee of Sun Island or an independent contractor. What should the court decide, and why?

In: Economics

1.Describe the log-linear regression model and how it is used to measure the elasticity of the...

1.Describe the log-linear regression model and how it is used to measure the elasticity of the dependent variable with respect to an explanatory variable.

2.Describe how to measure the growth rate of the dependent variable using the semi-log regression model.

3.Describe the linear trend regression model.

4.Describe the standardized regression model.

In: Economics

I need to create an exception handler with the following code I have below public class...

I need to create an exception handler with the following code I have below

public class Time {

/**

* Properties Declared;

*/

private int hours;

private int minutes;

private int seconds;

/*

* Default Constructor

*/

public Time()

{

hours = 0;

minutes = 0;

seconds = 0;

}

/**

* Parameterized Contructor throws BadTimeException in any case that

* there should be an error

* @param h

* @param m

* @param s

*/

public Time(int h, int m, int s) throws BadTimeException

{

hours = h;

minutes = m;

seconds = s;

if (h < 0 || m < 0 || s < 0 )

{

throw new BadTimeException("Error time can not be negatiive");

}

if(h > 24 || m > 60 || s > 60 )

{

}

}

public void helperMethod()

{

if(this.seconds > 59)

{

this.seconds = (this.seconds % 60);

this.minutes += 1;

}

if(this.minutes > 59)

{

this.minutes = (this.minutes % 60);

this.hours += 1;

}

}

/**

*

* @return

*/

public int getHours() {

return hours;

}

/**

*

* @return

*/

public int getMinutes()

{

return minutes;

}

/**

*

* @return

*/

public int getSeconds()

{

return seconds;

}

/**

* Copy Constructor

* @param originalObject

*/

public Time(Time originalObject)

{

hours = originalObject.hours;

minutes = originalObject.minutes;

seconds = originalObject.seconds;

}

/**

*

*/

public String toString()

{

String time = "";

String h, m, s;

if(hours < 10)

h = "0" + hours;

else

h = hours + "";

if(minutes < 10)

m = "0" + minutes;

else

m = minutes + "";

if(seconds < 10)

s= "0" + seconds;

else

s= seconds + "";

time = h + ":" + m + ":" + s;

return time;

}

/**

*

* @param hours

* @return

* @throws BadTimeException

*/

public Time later(int newHours) throws BadTimeException

{

return new Time(hours + newHours, this.minutes, this.seconds);

}

/**

*

* @param hours

* @param minutes

* @return

* @throws BadTimeException

*/

public Time later(int newHours, int newMinutes) throws BadTimeException

{

return new Time(hours + newHours, minutes + newMinutes, seconds);

}

/**

*

* @param hours

* @param minutes

* @param seconds

* @return

* @throws BadTimeException

*/

public Time later(int newHours, int newMinutes, int newSeconds) throws BadTimeException

{

return new Time(hours + newHours, minutes + newMinutes, seconds + newSeconds);

}

}

For example if I have 189 secs it should recognize it as an error and fix it by calling the helper method and instead should be 3 minutes and 9 seconds and the same thing with minutes ex 120 mins is 2 hours, but for hours it should just be dropped after the 1 day that is made for example 37 hours just becomes 13 hours. the exceptions handler should call a helper method that will fix the properties to make sense

In: Computer Science

Why is Tukey's method more powerful than Bonferroni's method?

Why is Tukey's method more powerful than Bonferroni's method?

In: Math

Why did the course of World War I turn out to be so different from what...

Why did the course of World War I turn out to be so different from what the belligerents had expected? How did World War I affect the belligerents’ governmental and political institutions, economic affairs, and social life?

In: Psychology

A rural 6-lane divided highway with AADT = 30,000 veh/ day, with composition [(80% PC –...

A rural 6-lane divided highway with AADT = 30,000 veh/ day, with composition [(80% PC – 1000 lb/axel), (15% 2-axle trucks – 10000 lb/axle), and (5% 3-axle trucks – 32,000 lb/axle). Considering growth factor = 4 %, and design period = 20 years, directional distribution factor = 0.60, lane distribution factor = 0.7. Calculate the total 18-kip ESAL/ lane

In: Civil Engineering

*VISUAL BASIC* Construct and instantiate an array of strings called afcSouth that contains the following information...

*VISUAL BASIC* Construct and instantiate an array of strings called afcSouth that contains the following information separated by commas (as team, wins, losses, and ties). You realize now that you need to compute a winning percentage (namely (wins+.5*ties)/(wins + losses+ties)) for these teams.  Use this array to create a structure afcSouthTeam consisting of types string, integer, integer, integer, and double. Write a for loop that will cycle through the array to populate this structure with the actual data.

In: Computer Science

LAG network inc. balance sheet and income statement are as follows: LAG network inc. income statement...

LAG network inc. balance sheet and income statement are as follows:
LAG network inc.
income statement
for year ended dec. 31 2020
sales       $928600
cost of goods sold    $556200
gross profit       324400
operating expenses
depreciation expenses 25200
other expenses 231800
total operating expenses      257000
profit from operations    115400
income taxes                      18600
profit                                 $ 96800
       LAG network inc.
    comperative balance sheet informed dec 31
                                    2020                  2019
assets
cash                          81190                  54400
acc. receviable         42400                   37600
merchandise inventory 285710          247800
equipment                 154400                 138400
acc. depreciation        71800                    46600
total assets                   491900               431600
liability and equity
acc. payable              31200                   43800
income tax pay.         11600                  10200
common shares        363600                337500
retained earnings       86100                  40100
total liability and equity 491900           431600
additional information regarding LAG network inc 's activities during 2020
a)     equipment is purchased for $ 16000 cash
b)       10200 common share are issued for cash ag $2.50 per share
c)      declared and paid $50800 of cash dividends during the year
required prepare a statement of cash flows for 2020 that reports the cash inflows and outflows from operating activities acc. to the ibdirect mehod. ( list any deduction in cash outflows aa negative amounts)
       

In: Accounting

Calculate the pH at the equivalence point in titrating 0.110 M solutions of each of the...

Calculate the pH at the equivalence point in titrating 0.110 M solutions of each of the following with 9.0×10−2MNaOH.

In: Chemistry

why joints differ in their degree of mobility.

why joints differ in their degree of mobility.

In: Anatomy and Physiology

How do customers typically respond to service failures? When a service failure occurs, what can firms...

How do customers typically respond to service failures? When a service failure occurs, what can firms do to make it easy for dissatisfied customers to complain? Include in your discussion applicable research that supports the use of the service recovery strategy.

In: Operations Management

Some discarded solid chemical waste dissolves slowly in a large drain pipe in which the water...

Some discarded solid chemical waste dissolves slowly in a large drain pipe in which the water is stagnant. On a particular day, the dissolved chemical has a concentration of 0.16 M near the solid and is essentiallly 0 at a location 13.6 m further along the pipe. The transfer rate (moles per time) of tthe chemical through the water in the pipe between those two points is 7.3 gmol/min.

A. What equation describes this kind of transfer?

B. Several days later, the chemical concentration near the solid has decreased to 0.105 M and is essentially 0 at a location 9.9 m away. What will be the transfer rate between the point near the solid and point 9.9 m away on this later day?

C.On the next day, the heavy rains cause a current of waater to flow through the drain pipe where the dissolving solid is located. The solid now dissolves twice as fast as on the previous day. If the concentration are still 0.105 M near the solid and 0 at the more remote locations and if the cross-sectional area for transfer is 0.3 m^2 , what is the value of the mass-transfer coefficient at this time?

In: Chemistry

Write a Python program to implement a form of a Roman numeral calculator. We are using...

Write a Python program to implement a form of a Roman numeral calculator. We are using the purely additive form of Roman numerals. By that, we mean that a number is simply the sum of its digits; for example, 4 equals IIII, in our additive notation. This means that we are NOT using IV for 4. Each Roman numeral must start with the digit of highest value and ends with the digit of smallest value. That is 9 is VIIII and NOT IIIIV. Your program continually (in a loop) inputs 2 Roman numbers and an arithmetic operator and prints the result of the operation as a Roman number. The values of the Roman digits (upper case letters only) are as follows:

Roman Digit Value of Roman Digit I 1 V 5 X 10 L 50 C 100 D 500 M 1000 So, the Roman number MMVIIII represents 2009. The arithmetic operators that your program must recognize in the input are +, -, *, and //. These should perform the Python integer operations of addition, subtraction, multiplication, and division, respectively. Your program must loop, processing 2 Roman numbers with an operator, finishing when end of file is reached. You do not have to ensure that the input is in purely additive form, that is, digits are followed only by digits of the same or lower value. Your program does NOT have to check for this. You can assume that only positive numbers will be entered as input and you don't have to check for negative numbers. If the result is negative, you must print out a minus sign followed by the absolute value of the result printed as a Roman Numeral. See the sample runs below. If the result is zero, print the word "zero". --------------------------------------

In: Computer Science