The equilibrium price and quantity in the market for houses has increased. Two analysts offer an explanation of how this could have occurred. Analyst 1 says that this outcome occurred because sellers expect the price of houses to be higher in the future. Analyst 2 says that this outcome provides evidence that the law of demand does not hold. Which analyst is correct: Analyst 1, Analyst 2, or neither

Gibson's bodywork does automotive collision work. an insurance agency has determined that the standard time to replace a fender is 2.5 hours (i.e., "standard output" 0.4

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)

Corrective action must be taken for a project when (a) actual progress to the planned progress shows the progress is ahead of schedule. (b) the technical specifications have been met. (c) the actual cost of the activities is less than the funds received for the work completed. (d) the actual progress is less than the planned progress.