Ayoung stockbroker, alex, was rather overwhelmed by a flood of new clients. michael, one of his clients, had purchased xyz corp. stock through the alex at a price of $35 per share. the price had gone down to $29 by the time michael telephoned his broker. michael told the alex that he wanted to sell the stock if it went below $30 and inquired as to the price. alex did not check the price, thinking it could not have fallen below the $30 threshold. he simply reassured micahel that it was still "in the low 30s." martha, michael's cousin, also had purchased xyz stock at $35 per share and made a similar call to the broker and received the same response. martha, however, coincidentally saw the price on a stock ticker tape when she hung up and realized the broker had made an error. both michael and martha held the stock and did not sell. later that same day, the stock price fell an additional $7 per share. facing sizable losses, both michael and martha decided to sue for fraud when martha told michael of the broker's misstatement. discuss the probable outcome of the lawsuits.

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a. no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative. b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child. c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative. d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.

Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)