Sly Bailey, the Trinity Mirror Chief Executive, sought to boost revenues of the Daily Mirror in 2004 by increasing the price of the tabloid newspaper by 3p, from 32p to 35p. The move is a sharp U-turn of the policy of Philip Graf, her predecessor, who tried to boost Daily Mirror circulation by cutting the cover price, triggering a price war with its rivals The Sun and the Daily Star. Ms. Bailey ended the price war as soon as she took over at Trinity Mirror in 2003. The Daily Mirror will now cost 5p more than the The Sun, which is owned by News International, parent company of the Times. It appears that The Sun has no immediate plans to increase its price. The Daily Mirror last increases its price in September 1999 but the tabloid newspaper market in the UK is fiercely competitive and it’s not clear what the effect on its circulation will be.


Question:


1. What price elasticity of demand issues are raised in this case study?

Answers

Answer 1

Price elasticity of demand is a measure of how responsive a change in consumption is to a specific change in a product's price. There will be less demand for the newspaper because its price increased.

How much a product's consumption alters in response to price changes is measured by price elasticity of demand. A good is perfectly elastic if its price elasticity is infinite (if demand changes substantially even with minimal price change). If price elasticity is greater than 1, the good is elastic; if it is less than 1, it is inelastic. If a good's price elasticity is zero, then no amount of price fluctuation will change demand for that good. A demand or supply curve that is inelastic will result in a lesser percentage change in quantity demanded or supplied for a given change in price.

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Related Questions

2a 9-volt battery is used to power two lightbulbs on separate branches of a parallel circuit. the first light bulb has a resistance of 3 ohms and the second has a resistance of 2 ohms.

what is the power output of the battery?

Answers

To calculate the power output of the battery, we need to first calculate the total resistance of the circuit using the formula for parallel circuits: 1/total resistance = 1/3 + 1/2. Solving for the total resistance, we get 1/total resistance = 5/6, which means the total resistance is 6/5 ohms or 1.2 ohms.



Next, we can use the formula P = V^2/R, where P is power, V is voltage, and R is resistance. Since we know the voltage of a 9-volt battery, we can plug in the values to find the power output. P1 = (9^2)/3 = 27 watts for the first light bulb and P2 = (9^2)/2 = 40.5 watts for the second light bulb. Finally, we can add the power output of both light bulbs to find the total power output of the battery. P total = P1 + P2 = 27 + 40.5 = 67.5 watts.



Therefore, the power output of the battery is 67.5 watts. I'd be happy to help you with your question. To find the power output of the battery in the parallel circuit with two light bulbs, we'll need to calculate the total current and then use the formula P = VI. Calculate the total resistance in the parallel circuit.1/R _total = 1/R1 + 1/R2 1/R _total = 1/3 + 1/2R_total =6/5 ohms Calculate the total current in the circuit. total = V/R  _ total = 9 volts / (6/5 ohms) total = 7.5 amps Calculate the power output of the battery.Next, we can use the formula P = V^2/R, where P is power, V is voltage, and R is resistance. Since we know the voltage of a 9-volt battery, we can plug in the values to find the power output. P1 = (9^2)/3 = 27 watts for the first light bulb and P2 = (9^2)/2 = 40.5 watts for the second light bulb. Finally, we can add the power output of both light bulbs to find the total power output of the battery. P total = P1 + P2 = 27 + 40.5 = 67.5 watts. P = VI P = 9 volts * 7.5 amps P = 67.5 watts The power output of the battery is 67.5 watts.To calculate the power output of the battery, we need to first calculate the total resistance of the circuit using the formula for parallel circuits: 1/total resistance = 1/3 + 1/2. Solving for the total resistance, we get 1/total resistance = 5/6, which means the total resistance is 6/5 ohms or 1.2 ohms.

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A car rental agency uses 96 boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples, and carrying costs are $0. 80 per box on an annual basis.

Answers

Every year, a car rental service utilizes 96 boxes of staples. Each of the boxes costs $4. Staples cost $10 to order, and annual carrying expenses come out to $0.80 per box. = $55.42

What types of orders exist?

Understanding how any order type differs is essential since they could have quite different outcomes. Here, we'll focus on the market ", limit order, and halt order and discuss how they differ and when to consider each.

Briefing

According to the scenario, the computation of the given data are as follows:

Boxes use = 96 boxes

Cost = $4 per box

Staple cost = $20

Carrying cost = $0.80

So, we can calculate the annual cost of ordering and carrying by using following formula:

Annual cost = (EOQ ÷ 2) × Carrying cost + (Boxes use ÷ EOQ) × Staple cost

Where, EOQ = ( 2 × 96 × 20 ÷ 0.80)^1/2 = 69.28

So, by putting the value, we get

Annual cost = ( 69.28 ÷ 2) × $0.80 + ( 96 ÷ 69.28) × $20

= $27.71 + $27.71

= $55.42

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you remove a firearm from its storage location in your home. how should you handle the firearm?

Answers

Answer:

With extreme care and if you are in trouble, check your fire to make sure you don't harm the wrong person

Explanation:

question modemultiple choice questionwhich component of the marketing plan allows a company to understand information about its current business and then make strategic decisions about how to best move forward?multiple choice question.executive summaryfinancialsfeedbackmission statementsituation analysis

Answers

Product, pricing, promotion, and site are the four primary themes included in the marketing section of a company strategy.

The four Ps are a "marketing mix" that includes four crucial elements for selling a good or service: product, pricing, place, and promotion. When businesses create marketing plans and strategies to reach their target audience, they frequently consider the four Ps.

The marketing plan outlines the approach a company will take to advertise its items to customers. The strategy identifies the target market, the value proposition of the brand or product, the campaigns to be launched, and the metrics to be used to assess the performance of marketing initiatives.

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why does it have to have a limit

Answers

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A customer asks if the rogue vc-turbo engine is reliable because it’s new with a lot of moving parts. What are three ways to respond?.

Answers

It should be noted that the rogue vc-turbo engine is reliable because:

It improves acceleration.It economizes fuel.It improves performance regarding emissions.

Importance of the turbo engine

It should be noted that VC-Turbo technologies have evolved with a focus on improving performance in major areas such as acceleration, fuel economy as well as emissions.

In a situation where a customer asks if the rogue vc-turbo engine is reliable because it’s new with a lot of moving parts, the customer should be informed that it is reliable as it enhances acceleration and fuel economy.

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Being self confident and an effective communicator are signs that a worker may be what

Answers

Answer: a potential leader

Explanation:

Answer:

a leader.

Explanation:

A leader is the one in the charge, the person who convinces other people to follow. A great leader inspires confidence in other people and moves them to action.

Which of the following is not true?
A. Lowering price can get a firm prosecuted as a monopoly.
B. Charging the same price can get a firm prosecuted as a monopoly.
C. Charging a higher price can get a firm prosecuted as a monopoly.
D. Use of the political process to prohibit free entry can create a monopoly.
E. Persuading other competitors not to enter your market can create a monopoly

Answers

Option B is not true. Charging the same price cannot get a firm prosecuted as a monopoly.

Option B states that charging the same price can get a firm prosecuted as a monopoly, which is not true. Charging the same price alone does not constitute monopolistic behavior. Monopolies are characterized by exclusive control over a particular market or industry. Antitrust laws are in place to prevent unfair business practices that harm competition and consumers. To be prosecuted as a monopoly, a firm typically needs to engage in activities such as using its dominant market position to restrict competition, manipulate prices, or engage in anticompetitive behavior.

Options A, C, D, and E describe scenarios where a firm's actions could potentially lead to prosecution as a monopoly. Lowering prices to eliminate competitors and gain control over the market (Option A), charging significantly higher prices to exploit market power (Option C), using political influence to prevent competition (Option D), and persuading competitors not to enter the market (Option E) can all be considered anticompetitive practices that harm competition and may result in legal consequences.  

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A loan to a company or government that pays investors a fixed rate of truth over a specific timeframe is known as:

1. 401k
2. Tax shelter account
3. Stocks
or 4. Bonds

Answers

Answer:

4. Bonds

Explanation:

Bonds are debt instruments used by corporates and governments to raise capital. Bonds are long-term sources of capital for a business and government and also an investment option to investors.

When the government or corporate issues bonds, they promise to pay the principal amount when the bond matures. Maturity ranges from 5 to 30 years. The bond issuer also commits to pay interest on regular intervals until the bonds mature. The interest to be paid is based on the coupon rate or interest rate as specified by the bond.

Is it better to have your interest compounded annually, quarterly, or daily? Why?
(10 points: 5 for the correct answer, and 5 for the explanation)

Answers

Answer:

It would be better to have it daily so you can keep an everyday record.

Explanation:


A man is running on the straightroad with the uniform velocity of 3m/s. Calculate acceleration produced by him.

Answers

Answer:

acceleration =0 m/s^2

Explanation:

Acceleration is defined as the rate of change in velocity. If there’s no change in velocity, then the rate of change is zero, hence the acceleration is zero. The question says the man is running at a uniform velocity (i.e. he’s running at a steady speed in a fixed direction). This means his velocity is constant, or unchanging. Hence, his acceleration is zero.

Obviously everything I said in the above paragraph only concerns his horizontal velocity. To get even more specific, it only concerns the horizontal velocity of his centre of mass. Vertically, he is of course experiencing upward and downward downward acceleration due to how his feet push against the floor as he runs. And his limbs accelerate and decelerate as well, to allow him to run.

But looking at the man’s horizontal motion as a whole, and thinking of his motion as being entirely represented by his centre of mass, his acceleration is 0.

Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral

Answers

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

A child-tax credit (deduction) would
show up on which form?
A. 1040
B. 1099
C. 19

Answers

Answer:

see the answer

Explanation:

I think It is A

Does decreasing the value of the local currency contributes in the increase of the economic growth rate

Answers

Answer:

Yes

Explanation:

Devaluation is the purposeful reduction of the value of a nation's currency in relation to another currency or group of currencies. When the currency is devalued, it can lead to an increase in the export of the nation's produce because the price of the exported goods is cheaper and foreign countries are  most likely to purchase cheap goods.

The economic growth rate of a nation is  the change in percent of goods and services produced in a country over a period of time. It gives an idea of the income of the average citizen in the country. When the value of the local currency is devalued, exports will increase and that will also cause an increase in the income of citizens. This translates to a resultant increase in the economic growth rate of the nation.

Which practice represents the trait of effective communication?

A.

speaking in a manner that is difficult to understand

B.

speaking clearly

C.

pronouncing some words incorrectly

D.

being unable to provide details of products

Answers

The practice that represents the trait of effective communication include option B:  speaking clearly.

What are the elements of effective communication?

The elements of effective communication are: Approach, Develop, Clarify, Style and Correct.

Effective communication: is about more than just exchanging information it’s about understanding emotions and intentions behind thee information as well as being able to clearly convey a message and make sure the other person feels heard and understands.

Good communication can help us reduce stress and bad emotions. If the communication is bad it would worry us giving us stress that could cause strains in our body.

Therefore, correct option is B.

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Answer:

b

Explanation:

plato

______ business processes are semidynamic, semiroutine, monthly business processes such as resource allocation, sales strategy, or manufacturing process improvements.

Answers

Managerial business processes are semidynamic, semiroutine, monthly business processes such as resource allocation, sales strategy, or manufacturing process improvements.

What are managerial business processes?

Managerial business processes relate to the management of the resources of the company in order to achieve better manufacturing and sales.

For this reason, these practices will often be semidynamic and semiroutine in order to meet the demands of the business environment at the time.

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What change could be considered an effective sign of economic recovery from the Great Recession?

employment level in architectural and engineering services at 18,000 jobs
unemployment levels at 8 percent
architecture and construction industry demonstrating a sustainable level of growth
the gross domestic product (GDP) growing at .5 percent

Answers

Answer:

The answer is C. architecture and construction industry demonstrating a sustainable level of growth

Municipal bonds are issued by what?

Answers

Answer:

Hi, the correct answer to your question is they are securities issued by states, cities

etc/more.

Explanation:

They mostly do this for building like highways, roads and more. It is used to raise more money to build important things for our environment.

Hope this helps! :)

To ensure the right clerk is selected for an opening, a law firm reviews all résumés electronically and assesses candidates through several interviews. This is an example of _______ control. concurrent feedforward output bureaucratic clan

Answers

Answer:

This is an example of _______ control.

Correct Answer:

bureaucratic

Explanation:

Bureaucratic control is a situation whereby the a structure and set of rules are mapped out that helps to control the activities of people that work for large organizations and government. Selecting a right clerk has to follow the already mapped process in the said firm (That is review of resumes electronically, assess candidate through several interviews etc)

Strategies for managing conflict

Answers

Can I get a brainest point plsssssss

1. Don't Ignore Conflict

If you're someone who dislikes dealing with conflict, it might seem tempting to just put your head in the sand and pretend it doesn't exist, hoping it will resolve itself on its own. While this sometimes can happen, the truth is that the vast majority of the time, this will only cause the situation to get worse. Ignored conflicts have a tendency to fester over time and reappear at inopportune moments, so do your team a favor and address conflicts when they occur, nipping a potentially toxic situation in the bud as soon as you recognize it.

2. Clarify What the Issue Is

If you're dealing with a conflict between two members of your team, it's important that you get all the facts. Sit down with each individual involved and find out exactly what the issue is. How is each individual perceiving the situation? What needs are not being met? What does each party see as an appropriate resolution? Make sure that all parties involved understand that you are acting as an impartial mediator, and let them know they can feel comfortable to share sensitive information.

3. Bring Involved Parties Together to Talk

Once you've had a chance to talk to all involved parties separately, bring them together in a meeting so that they can hash out their differences in a neutral environment. This is a time for brainstorming, active listening, and being open to different perspectives - the goal is to come to a common understanding of what the problem is, what role each individual is playing in the conflict, and what some possible solutions might be.

4. Identify a Solution

After both parties have had a chance to discuss the situation at hand, it's time to identify what a satisfactory resolution might be - and how to get there. Ideally, by this point, both parties will understand the other's side, and oftentimes the conflict will be resolved just through facilitated, open dialogue. However, if the situation requires further resolution, you will need to step in and help them negotiate a reasonable solution. This phase can require some time and effort, as it requires both parties to set aside their differences and preferences and find some common ground to work towards (which may involve not getting everything they want out of the situation). Then, work with both individuals to come up with a concrete list of steps that will result in the solution being achieved.

5. Continue to Monitor and Follow Up on the Conflict

Just because a solution has been identified and addressed doesn't mean it will just go away. As a manager, it's your responsibility to check in with both parties to ensure that the conflict has truly been dealt with, and that the steps identified to reach a solution are being followed. If all seems to be going well, simply remember to stop and observe from time to time, just to see if things really are going smoothly or if there are still lingering tensions under the surface that need to be handled. If it's clear that the solution didn't work, or wasn't the right resolution for the situation, make sure to be proactive in working with both parties to readjust expectations, identify alternative solutions, and continue their dialogue to create a positive and healthy work environment.

Suppose that you have time series data on consumption and on personal income for the period1929 through 1970. (a) Write out the equation you would estimate to test the null hypothesis that the intercept of the consumption function fell during the Second World War. State the null and alternativehypotheses. What statistical test would you perform? What would be the test statistic? Whatwould be the rejection region for the test, assuming the probability of a Type I error = 0.05? (b) Write out the equation you would estimate to test the null hypothesis that the slope and the intercept of the consumption function did not change during the Second World War. What isthe wartime intercept? The wartime slope? (c) State the null and alternative hypotheses for part (b). What statistical test would youperform? What would be the test statistie? What would be the rejection region for the test,assuming the probability of a Type I error = 0.05?

Answers

To test the null hypothesis that the intercept of the consumption function fell during WWII, you would estimate the following equation:

(a) ΔC = β₀ + β₁ΔY + β₂D + ε

Null hypothesis (H₀): β₂ = 0
Alternative hypothesis (H₁): β₂ < 0

You would perform a one-tailed t-test, with the test statistic being the t-value for β₂. The rejection region is when t < -t_critical, where t_critical is determined using a significance level of 0.05.

For part (b), to test if both the slope and intercept didn't change during WWII, you would estimate:

ΔC = β₀ + β₁ΔY + β₂D + β₃(D * ΔY) + ε

The wartime intercept is (β₀ + β₂) and the wartime slope is (β₁ + β₃).

For part (c), null hypotheses are H₀₁: β₂ = 0 and H₀₂: β₃ = 0. Alternative hypotheses are H₁₁: β₂ ≠ 0 and H₁₂: β₃ ≠ 0. Perform an F-test with F-statistic as the test statistic. The rejection region is when F > F_critical, with a significance level of 0.05.

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A tip employee’s earnings most closely resemble those of which of the following?

a.

An employee working on straight commission

b.

An employee working on commission plus salary

c.

An employee working on a piece-rate basis

d.

An employee working on a fixed salary



Please select the best answer from the choices provided


A

B

C

D

Answers

C. an employee workin on a piece-rate basis

Answer: c. An employee working on a piece-rate basis

fashooo

1. What is a conflict of interest? Give a specific example, and then explain why there is a conflict of
interest in your example.

Answers

Answer:

Where concerns or aims of two different parties are incompatible. Usually when one party has an opportunity for personal gain.

e.g: An instructor cannot have his or her child in the class because the possibility of special treatment arises and creates a conflict of interest between the instructor and institution.

Today's theories about motivation emphasize the importance of factors within the individual particularly the variables of expectancy and value Students' motivations are strongly influenced by what they think is important (value) and what they believe they can accomplish (expectancy). Who quote is this?

Answers

What students value and what they believe can accomplish have a significant impact on their motivation expectancy. This quote comes from the philosophy of motivation.

What motivational ideas does the expectancy-value theory put forth?

The relationship between a student's expectation for success at a task or the achievement of a goal in relation to the value of task completion or goal attainment is described by the expectancy-value theory, which is a theory of motivation. A student's expectation for success on a particular activity is referred to as expectancy. Theoretical models of motivation nowadays place a strong emphasis on internal factors, particularly the variables of expectation and value.

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Which investors have the right to vote for or against business initiatives presented at the annual general meeting?

_________ shareholders have the right to vote for or against a business decision made by the company in which they invested.

Answers

Answer: Equity

Explanation: Plato(Edmentum)

Equity shareholders have the right to vote for or against a business decision made by the company in which they invested.

What is the shareholder?

A shareholder of a corporate body is an individual or legal entity who is certified by the corporate body as the registered proprietor of shares of a private or publicly traded corporation's share capital. Anyone who owns'shares in a company limited by shares is referred to as a shareholder.

Members of a corporation may be referred to as shareholders. The shareholder is the company's owner who provides financial security, controls how the directors manage the company, and receives a percentage of any profits produced by the company.

Therefore, Equity shareholders can vote for or against a business decision made by the firm in which they have invested.

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a putable bond gives the bond holders the right a. to sell the bond back to the corporation at the original purchase price. b. to sell the bond back to the corporation at a stated premium. c. to sell the bond back to the corporation at the current market value. d. to sell the bond back to the corporation at par.

Answers

The correct option is D.  A putable bond gives the bondholders the right to sell the bond back to the corporation at par.

A putable bond is a type of bond that gives the bondholder the right, but not the obligation, to sell the bond back to the corporation before the maturity date. The answer to your question is option b - to sell the bond back to the corporation at a stated premium. This means that the bondholder has the option to sell the bond back to the corporation at a price that is higher than the original purchase price. The stated premium is typically set at the time the bond is issued and is based on prevailing market conditions. It's important to note that the bondholder can only exercise this option if they feel that the market conditions have changed in a way that makes it advantageous for them to do so.

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TRUE / FALSE. in the context of measuring the performance of a business, identify a true statement about deviation analysis.

Answers

True.

Deviation analysis, in the context of measuring the performance of a business, involves analyzing and interpreting deviations or variations from expected or standard performance measures. Here is a true statement about deviation analysis:

Deviation analysis helps identify areas where actual performance deviates from planned or expected performance, enabling businesses to identify potential issues or areas for improvement. By comparing actual results to predetermined benchmarks or targets, businesses can assess the magnitude and significance of the deviations and take corrective actions if necessary.

Deviation analysis provides valuable insights into performance trends, highlights areas of concern, and helps organizations make informed decisions to enhance overall performance.

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Which of the following was the principal business mode of success for Tin Pan Alley?Sheet music salesBuddy Hollyindie record labelsyodel

Answers

The principal business mode of success for Tin Pan Alley was sheet music sales. Tin Pan Alley was a group of music publishers and songwriters located in New York City from the late 19th century to the mid-20th century.

They produced popular songs that were sold as sheet music for people to play and sing at home. Many famous songs, such as "Over the Rainbow" and "God Bless America," were created in Tin Pan Alley. The publishers would hire songwriters to write songs and then print the sheet music to sell to the public. They would also promote the songs by having them performed in theaters and on the radio. Buddy Holly, indie record labels, and yodeling are not directly related to Tin Pan Alley's business model, although Buddy Holly was a famous musician who was influenced by the music of Tin Pan Alley. In summary, sheet music sales were the principal business mode of success for Tin Pan Alley, which produced and sold popular songs from the late 19th century to the mid-20th century.

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Question 1 of 10
Which statement best illustrates an example of economic specialization?
A. An artist becomes an expert at designing websites for
restaurants,
B. An employee leaves a large corporation to start her own business.
C. A business owner only hires employees with a wide variety of
skills.
D. A country decides to stop importing goods from foreign
companies.
SUBME

Answers

Answer: the answer is a

Explanation:

Answer:

A country focuses on growing a specific type of crop for export instead of a wide variety of crops

Explanation: If you are on APEX it is right on the test 1.3.2

Frederick Taylor believed that more efficient workers should be paid higher wages than their lower-performing coworkers, a system referred to as the _______ system.

Answers

Answer:

Referred to as the Differential rate system

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You have 73 pictures to put in a photo album.Each page of the album holds 8 pictures.How many pages in the photo album will be completely filled? Solve for kK- -18 =711K= Urgent help needed...2. The following results have been obtained from a sample of 11 observations on the value of sales (Y) of a firm and the corresponding price (X). =481 y - E y =502 = 502 E X = 224 X = 4 Y (Giving LOTS OF POINTS!!!) What is the discriminant of the following equation: x^2 2x + 2 = 0 Options: -8 -4 -12 12 inventories are unwanted when a. the economy is in an expansion. b. new product lines are introduced. c. expenditures are too high to keep pace with inventories. d. expenditures are too low to keep pace with inventories. Determine whether line AB and line CD are parallel, perpendicular, or neither.A(-6,-9), b8,19), C(0,-4), D(2,0) please and thank you In DevOps and container orchestration, non-hardware items such as the operating system and libraries and security policies are documented within the orchestration tool, implemented into the desired environment, and are called what?Infrastructure as code insulators can be identified by cloning a ____________ between a promoter and an enhancer and determining the effect on transcription of a ____________ . What is a potential reason that affirmative action policies at colleges are challenged in court?A.No challenges exist; affirmative action is widely accepted.B.Admissions are down at all colleges, thus, affirmative action needs to be removed.C.Those policies can favor certain groups over others.D.The Supreme Court has made affirmative action mandatory policy in the United States. ___ are categorized by structure and function; ___ are categorized by their support roles.Dendrites; axonsCell bodies; myelinNeurons; gliaAfferent cells; Efferent cells the cost of 15kg of apples is 262.50. find the cost of 25kg of apples in what week does the movie earn $16 million? ATP is a molecule that stores _____ in its phosphate bonds.matrixenergyproteinglucose the energy stored in atp comes from which of the following? the energy stored in atp comes from which of the following? adenosine triphosphate kinetic energy food molecules heat Find the average rate of change of the function over the given interval. R()=4+1; [0,12] AR / = ________ (Simplify your answer.) If an interval estimate is said to be constructed at the 90 confidence level, the confidence coefficient would be _____. a. .1 b. .95 c. .05 d. .9 What is the equation of the line that passes through (1, -2) and (-1, 4)? Let f and g be the functions defined by f(x) = 1 + x + e^x^2 - 2x and g(x) = x^4 - 6.5x^2 + 6x + 2. There are two regions on the interval 0 x 2 which are enclosed / and g. Find the sum of the areas of the enclosed regions. Let h be the vertical distance between the graphs of f and g on 0 x 2. Find the rate at which h changes with respect to x when x = 1.8 . Question 3:Solve the inequality 3x 8 > 16 Is the study of biological diversity and the evolutionary relationships among organisms.