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TE

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Refer to Figure 5-21. Using the midpoint method, what is the price elasticity of supply between $15 and $25?

On Jul 09, 2024


The price elasticity of supply is 1.33.
TE

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An agreement to divorce one's spouse is considered to be illegal.

On Jul 08, 2024


True
TE

Answered

How is extraversion related to one's level of self-esteem?

On Jun 09, 2024


Extraversion is directly related to one's level of self-esteem. People who feel comfortable in new situations and who feel certain that others will accept them are usually people with relatively high self-esteem. These people will most likely be relatively happy at work and in their personal lives.
TE

Answered

a. What is a bulk transfer?
b. What is the purpose of bulk sales law?
c. What is the effect of a failure to comply with the provisions in Article 6 in those states that still follow this Article?

On Jun 08, 2024


a. A bulk transfer is a merchant's transfer, not in the ordinary course of the transferor's business, of a major part of his materials, supplies, merchandise, or other inventory at once.
b. The central purpose of bulk sales law is to deter two common forms of commercial fraud. One occurs when the merchant, owing debts, sells out his stock in trade to a friend for a low price, pays his creditors less than he owes them, and hopes to come back into business in the future. A second form of commercial fraud is when the merchant, owing debts, sells out his stock in trade to anyone for any price, pockets the proceeds, and disappears without paying his creditors.
c. The effect of a failure to comply with the requirements of Article 6 of the Code is that the goods in the possession of the transferee continue to be subject to the claims of unpaid creditors of the transferor.
TE

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Do you think the lessons from capital market history will hold for each year in the future? That is, as an example, if you buy small stocks will your investment always outperform Treasury bills?

On May 10, 2024


The student should realize that we are working with averages, so they should not expect riskier assets to always outperform less risky assets. The student should explain somewhere in their answer that this gets to the heart of what risk is. That is, the reason you expect to earn a higher return over the long haul is that your variability in price from year to year can be significant.
TE

Answered

Any discomfort in answering an ethics check question signifies that the decision may have ethical shortcomings.

On May 09, 2024


True