EPGP Quiz 1 Time: 1 hour‚ closed book Answer all questions. Circle the correct answer. 2 points each. 1. The law of demand states that‚ holding all else constant: A. as price falls‚ demand will fall also. B. as price rises‚ demand will also rise. C. price has no effect on quantity demanded. D. as price falls‚ quantity demanded rises. 2. Which of the following would not shift the demand for good A? A. Drop in price of good A. B. Drop in price of good B. C. Consumer income. D. Change
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Management Quiz #1 CHAPTER 1: * Innovation know no price * Management: attaining goals effectively and efficiently through planning‚ organizing‚ leading‚ and controlling. * Effectively: getting it done correctly * Efficient: getting the job done using the least amount of resources (human labor‚ time‚ money). * 4 principles of management 1. Planning- provides direction‚ reduces impact of change‚ minimizes waste and redundancy‚ sets standards to facilitate control 2
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COMM212 Quiz 1 Review Sheet 50 multiple-choice questions‚ 2 points each. Questions are from the text. Choose the best answer Chapter 1 1. Know and be able to differentiate between all these definitions: argumentation‚ argument‚ advocacy‚ power‚ public discourse‚ pluralistic culture‚ values‚ rule of reason‚ and procedures. Argumentation: the cooperative activity of developing and advancing arguments and of responding to the arguments of others. Argument: a claim advanced with a reason or reasons
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what level of output will the two methods produce the same net operating income (EBIT)? (a) 5‚000 decks (b) 10‚000 decks (c) 15‚000 decks (d) 20‚000 decks (e) 25‚000 decks Instructor Explanation: Answer is: b Chapter 15: pp. 603- 606 Total cost Method 1 = $1.00Q + $10‚000. Total cost Method 2 = $1.50Q + $5‚000. Set equal and solve for Q: Q + $10‚000 = $1.50Q + $5‚000; $5‚000 = $0.5Q; 10‚000 = Q 4.
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1 ACCTMIS 4500 AUTUMN 2012 QUIZ 1 – SOLUTIONS (ANSWERS IN BOLD) 30 POINTS Instructions: Circle the letter for the answer you select. True/False and Multiple Choice are 2 points each. Short Answer Questions are 3 points each 1. Auditing services and attestation services are the same. A. True B. False 2. Why do auditors generally use a sampling approach to evidence gathering? A. Auditors are experts and do not need to look at much to know whether the financial statements are
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Running head: Ethics and Values between For-Profit and Not-for-Profit Organizations Examination of Ethics and Values between For-Profit and Not-for-Profit Organizations PHI 445 10 December 2012 Abstract Big Brothers Big Sisters of America is motivated to create a well-balance community for our young youth. They are a Not-for-Profit organization that deals with helping children who are struggling at school‚ having issues at home or who just need a companion to talk to on a weekly basis. This organization
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GEOG101 Quiz 1 Part 1 of 1 - 80.0/ 100.0 Points Question 1 of 25 0.0/ 4.0 Points A functional region: A. has a transition zone at its center B. is also known as a formal region C. is defined on the basis of some variable‚ such as the area where corn is grown D. is exemplified by a city and its hinterland Answer Key: D Question 2 of 25 0.0/ 4.0 Points Which of the following statements is incorrect? A. A country likely constitutes a formal political region because within
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Department of Business and Hospitality Management MGMT485: Management Information Systems Quiz # 1 Instructor: M. Senior‚ MBA Date: ______________ Score: /50 Marks Student’s Name: ________________________________ Student’s ID # ___________________ Instruction: This paper consists of fifty (50) multiple choice questions. Highlight the best response (highlights must not be in red colour). 1) Which of the following best describes how new information systems result in legal gray areas
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1. Question : Liberalism rests in a conception of equality whereby the government Student Answer: CORRECT must not choose one person’s good over another. must ensure that we all have the same possessions. must provide everybody with healthcare. must redistribute wealth in order to achieve fairness. Instructor Explanation: The answer can be found in the section “What Does Liberalism Mean in Practice?” Points Received: 1 of 1 Comments: Question 2. Question :
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* Question 1 5 out of 5 points Entrepreneurs need economic freedom to thrive. Those freedoms include:Answer Selected Answer: freedom of choice‚ freedom from excess regulation‚ and freedom from too much taxation. Correct Answer: freedom of choice‚ freedom from excess regulation‚ and freedom from too much taxation. * Question 2 5 out of 5 points Which of the following is not considered a natural resource_____Answer Selected Answer: soybeans. Correct Answer:
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