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Question : Table 10-4 Steak & Cheese Steak & Cheese : 1387695

Economics

 

 

Table 10-4

 

Steak & Cheese

Steak & Cheese

Grilled Chicken

Grilled Chicken

Quantity

MU

MU/P

MU

MU/P

1

40

10

30

15

2

32

  8

24

12

3

20

  5

16

  8

4

12

  3

12

  6

5

  6

    1.5

  8

  4

6

  2

    0.5

  4

  2

72) Refer to Table 10-4.  For steak and cheese and grilled chicken sandwiches, the table contains the values of the marginal utility (MU) and marginal utility per dollar (MU/P) for Mabel Jarvis. Mabel has $14 to spend on steak and cheese and grilled chicken sandwiches. Which of the following statements is false?

A) The price of steak and cheese sandwiches is $4. The price of grilled chicken sandwiches is $2.

B) If Mabel maximizes her utility, she will buy three grilled chicken sandwiches.

C) If Mabel maximizes her utility, she will buy two steak and cheese sandwiches.

D) We do not have enough information to determine how many sandwiches Mabel will buy to maximize her utility.

 

73) Refer to Table 10-4.  For steak and cheese and grilled chicken sandwiches, the table contains the values of the marginal utility (MU) and marginal utility per dollar (MU/P) for Mabel Jarvis. Mabel has $14 to spend on steak and cheese and grilled chicken sandwiches. Which of the following statements is true?

A) If Mabel maximizes her utility she will buy three steak and cheese sandwiches and two grilled chicken sandwiches.

B) If Mabel was maximizing her utility when spending $14 and then received an additional $4, she would receive the most marginal utility per dollar if her next purchase was another grilled chicken sandwich.

C) Mabel will first buy two steak and cheese sandwiches; then with her remaining $6 she will buy three grilled chicken sandwiches.

D) To maximize her utility, Mabel will need a total of $36, the income needed to buy 6 steak and cheese sandwiches and 6 grilled chicken sandwiches.

 

 

74) The marginal utility per dollar that Harold Stratton receives from oranges is greater than the marginal utility per dollar Harold receives from pears. To maximize his utility, what should Harold do?

A) He should acquire more income so that he can afford to buy more oranges and pears.

B) He should reduce his consumption of both oranges and pears so that he can buy a greater variety of goods.

C) He should buy fewer pears and more oranges.

D) He should buy fewer oranges and more pears.

 

 

75) There are two conditions necessary for a consumer to maximize her utility. One is that the marginal utilities per dollar spent on each good and service consumed are equal. What is the other condition?

A) Total spending on all goods and services must equal the amount available to be spent.

B) The consumer must be satisfied with the choices she makes.

C) The total spent on each good and service is the same.

D) The prices of each good and service consumed must not be too high.

 

Table 10-5

 

Italian Sub

Italian Sub

Taco

Taco

Taco

Quantity

MU

MU/$4

MU

MU/$2

MU/$1

1

40

10

30

15

30

2

32

8

24

12

24

3

20

5

16

8

16

4

12

3

12

6

12

5

6

   1.5

8

4

8

6

2

   0.5

4

2

4

 

76) Refer to Table 10-5, which lists the values of Harry Taber’s marginal utility and marginal utility per dollar for Italian submarine (sub) sandwiches and tacos. Assume that the price of the sub sandwiches is $4 and the price of tacos is $2. When Harry’s income is $14 he buys two Italian sub sandwiches and three tacos. The last column lists the values of the marginal utility per dollar for tacos when the price of tacos decreases to $1. Complete this statement: As a result of the change in price,

A) Harry’s purchasing power has increased. He will reduce his consumption of tacos so he can buy one more sub. This is an example of the substitution effect of a price change.

B) Harry’s purchasing power has increased. If tacos are a normal good for Harry he will buy fewer tacos. This is an example of the income effect of a price change.

C) Harry’s purchasing power has increased. If tacos are a normal good for Harry he will buy more tacos. This is an example of the income effect of a price change.

D) Harry’s purchasing power has increased. Harry buys fewer tacos. This is an example of the substitution effect of a price change

 

77) Refer to Table 10-5, which lists the values of Harry Taber’s marginal utility and marginal utility per dollar for Italian submarine (sub) sandwiches and tacos. Assume that the price of the sub sandwiches is $4 and the price of tacos is $2. When Harry’s income is $14 he buys two Italian sub sandwiches and three tacos. The last column lists the values of the marginal utility per dollar for tacos when the price of tacos decreases to $1. Complete this statement: As a result of the change in price, the marginal utility of each taco Harry consumes increases and

A) the substitution effect of the price change will cause Harry to buy more tacos and fewer subs.

B) the substitution effect of the price change will cause Harry to buy more tacos if they are a normal good, and fewer tacos if they are an inferior good.

C) the substitution effect will cause Harry to buy another sub because his purchasing power has increased.

D) the substitution effect will cause Harry to buy fewer tacos.

 

 

78) Marge buys 5 CDs and 7 DVDs. The marginal utility of the 5th CD and the marginal utility of the 7th DVD are both equal to 30 utils. Can we say that this is the optimal combination of CDs and DVDs for Marge?

A) No. We need to know her preferences for CDs and DVDs.

B) Yes.

C) No. We need to know the prices of the CDs and DVDs.

D) No. If this was the optimal combination, the marginal utility per dollar of the 5th CD and the 7th DVD would be equal.

 

Table 10-6

 

Quantity of Burgers

Marginal Utility

Quantity of Pepsi

Marginal Utility

1

20

1

30

2

14

2

10

3

10

3

7

4

3

4

5

5

1

5

1

6

-5

6

0

7

-10

7

-4

 

Table 10-6 lists Jay’s marginal utilities for burgers and Pepsi. Jay has $7 to spend on these two goods. The price of a burger is $2 and the price of a can of Pepsi is $1.

 

79) Refer to Table 10-6.  What is Jay’s optimal consumption bundle?

A) 1 burger and 2 Pepsis

B) 2 burgers and 3 Pepsis

C) 3 burgers and 1 Pepsi

D) 3 burgers and 2 Pepsis

 

 

80) Refer to Table 10-6.  If Jay can eat all the burgers he wants for free, how many burgers will he consume?

A) 7 burgers

B) 6 burgers

C) 5 burgers

D) 3 burgers

 

81) Suppose Barry is maximizing his utility from consuming used paperback novels and audio books. The price of a used novel = $4 and the price of an audio book = $8. If the marginal utility of the last novel was 32 units of utility (utils) what was the marginal utility of the last audio book purchased?

A) 2 utils

B) 12 utils

C) 16 utils

D) 64 utils

 

 

 

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Discussion 2.1

In the article "Learning How to Code-Switch: Humbling, but Necessary," Eric Deggans describes his experiences with code switching. For your next discussion board, you should describe your own experiences switching between different audiences, cultures or social groups.  How does your language and behavior change depending on the people you are around?  Have you ever had an experience in which your failure to adapt to a new situation caused problems?  Do you have difficultly maintaining your own identity when you are required to code switch?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include at least 2 vocabulary words from this unit. Identify these these words using red text.

Vocabulary for Unit Two

These are the vocabulary words for Unit 2.  Remember to incorporate at least two words into your Discussion Board.  Identify the words by using red text.

Benevolent         Reclamation          Dubious           Fabricated

Hypocrisy            Slander                 Astute              Ambiguous

Apathetic             Arbitrary

 https://www.npr.org/sections/codeswitch/2013/04/10/176234171/learning-how-to-code-switch-humbling-but-necessary 

Discussion 3.1

After reading the items in the folder above related to Beyoncé, please respond to both parts below:

Part 1: When you first read Berlatsky's article, what was your reaction? Were you able to find his main argument? What aspects of his argument did you agree with or disagree with?

Part 2: After reading the two example essays, did your perspective about the article change? Did you see aspects of the article that you didn't notice before? Do you agree with the responses from either of the example essays?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include two vocabulary words highlighted in red.

Vocabulary for Unit 3

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Conviction          Impression          Misconception           Perspective

Profound            Inherent              Inveterate                  Amenable

Impinge              Subversion         Aesthetic

Instructions

Beyoncé is both celebrated and scrutinized for her artistic talents and for the way she presents herself to the world. The article that I've linked to below demonstrates some of these diverse viewpoints. Take some time to read the article carefully. As you read, look for the author's viewpoint, keeping in mind that he spends a great deal of time summarizing the viewpoints of others. In a way, the author, Noah Berlatsky, is writing a summary/response: first, he summarizes the viewpoints of Bill O'Reilly and bell hooks (who has intentionally changed her name so that the first letters are lowercase) and then he provides a response. Look for Berlatsky's response.

Beyonce: Sex Terrorist

Follow this link to Berlatsky's article. 

Berlatsky, Noah.  "Beyonce: Sex Terrorist: A Meance to Conservatives and Liberals Alike." The Atlantic. 12 May 2014. http://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/. 30 January 2017.

 https://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/ 

Reflection

Take a moment to reflect upon the article you've just read. What is Berlatsky's main argument? How does his argument compare to O'Reilly's and hooks's statements about Beyoncé? Do you agree or disagree with Berlatsky?

Examples

Attached Files:

Beyonce Student Example 2.docx - Alternative Formats (21.013 KB)

Beyonce Student Example 1.docx - Alternative Formats (19.234 KB)

Read the attached examples of students writing summary/response essays about Berlatsky's article. Once you've read the examples, go back to the lesson and complete the discussion board assignment. 

Discussion 4.1

For this discussion board, first choose an image from the "images" folder to respond to.  In your discussion board post, begin by describing the image you have chosen and explaining your initial reactions to the image.  From there, provide your reader with an analysis of the image, using terms introduced earlier in this unit: composition, context, content, framing, lighting, angle, intertextuality, focus,  etc.  Be sure to begin your response by identifying which image you have chosen.

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each.

As always,  be sure to use two vocabulary words from the unit.

Vocabulary for Unit 4

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Inconsequential      Superficial         Tenuous      Trivial

Compelling             Obstinate         Tenacity       Consensus

Derived                   Acquired

Discussion 5.1

You should have already chosen a topic for your final essay.  Now, you need to explore the multiple viewpoints associated with that topic. Go to the discussion board and write a brief essay (300 words minimum) summarizing some of the multiple viewpoints associated with that topic (for and against, pro and con).  At the end of your essay, present your own opinion on the topic in the form of a thesis statement or arguable claim.  Refer to the previous video lesson on constructing an arguable thesis to help you.

As you respond to your peers (2 replies, 100 words each), try to fill in any gaps you see in their understanding of the pros and cons of the issue.  In addition, evaluate the thesis statement.  Does it make a limited and arguable claim about the topic or issue?  If not, suggest ways to improve the thesis.

Vocabulary for Unit Five

These are the vocabulary words for Unit 5.  Remember to incorporate them into your Discussion Board in this unit.

Plausible       Objectivity       Substantiated

Integrity         Effusive          Superfluous

Sanction       Fabricated      Ambiguous

Ambivalent

default image
July 1, 2023
    

Discussion 2.1

In the article "Learning How to Code-Switch: Humbling, but Necessary," Eric Deggans describes his experiences with code switching. For your next discussion board, you should describe your own experiences switching between different audiences, cultures or social groups.  How does your language and behavior change depending on the people you are around?  Have you ever had an experience in which your failure to adapt to a new situation caused problems?  Do you have difficultly maintaining your own identity when you are required to code switch?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include at least 2 vocabulary words from this unit. Identify these these words using red text.

Vocabulary for Unit Two

These are the vocabulary words for Unit 2.  Remember to incorporate at least two words into your Discussion Board.  Identify the words by using red text.

Benevolent         Reclamation          Dubious           Fabricated

Hypocrisy            Slander                 Astute              Ambiguous

Apathetic             Arbitrary

 https://www.npr.org/sections/codeswitch/2013/04/10/176234171/learning-how-to-code-switch-humbling-but-necessary 

Discussion 3.1

After reading the items in the folder above related to Beyoncé, please respond to both parts below:

Part 1: When you first read Berlatsky's article, what was your reaction? Were you able to find his main argument? What aspects of his argument did you agree with or disagree with?

Part 2: After reading the two example essays, did your perspective about the article change? Did you see aspects of the article that you didn't notice before? Do you agree with the responses from either of the example essays?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include two vocabulary words highlighted in red.

Vocabulary for Unit 3

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Conviction          Impression          Misconception           Perspective

Profound            Inherent              Inveterate                  Amenable

Impinge              Subversion         Aesthetic

Instructions

Beyoncé is both celebrated and scrutinized for her artistic talents and for the way she presents herself to the world. The article that I've linked to below demonstrates some of these diverse viewpoints. Take some time to read the article carefully. As you read, look for the author's viewpoint, keeping in mind that he spends a great deal of time summarizing the viewpoints of others. In a way, the author, Noah Berlatsky, is writing a summary/response: first, he summarizes the viewpoints of Bill O'Reilly and bell hooks (who has intentionally changed her name so that the first letters are lowercase) and then he provides a response. Look for Berlatsky's response.

Beyonce: Sex Terrorist

Follow this link to Berlatsky's article. 

Berlatsky, Noah.  "Beyonce: Sex Terrorist: A Meance to Conservatives and Liberals Alike." The Atlantic. 12 May 2014. http://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/. 30 January 2017.

 https://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/ 

Reflection

Take a moment to reflect upon the article you've just read. What is Berlatsky's main argument? How does his argument compare to O'Reilly's and hooks's statements about Beyoncé? Do you agree or disagree with Berlatsky?

Examples

Attached Files:

Beyonce Student Example 2.docx - Alternative Formats (21.013 KB)

Beyonce Student Example 1.docx - Alternative Formats (19.234 KB)

Read the attached examples of students writing summary/response essays about Berlatsky's article. Once you've read the examples, go back to the lesson and complete the discussion board assignment. 

Discussion 4.1

For this discussion board, first choose an image from the "images" folder to respond to.  In your discussion board post, begin by describing the image you have chosen and explaining your initial reactions to the image.  From there, provide your reader with an analysis of the image, using terms introduced earlier in this unit: composition, context, content, framing, lighting, angle, intertextuality, focus,  etc.  Be sure to begin your response by identifying which image you have chosen.

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each.

As always,  be sure to use two vocabulary words from the unit.

Vocabulary for Unit 4

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Inconsequential      Superficial         Tenuous      Trivial

Compelling             Obstinate         Tenacity       Consensus

Derived                   Acquired

Discussion 5.1

You should have already chosen a topic for your final essay.  Now, you need to explore the multiple viewpoints associated with that topic. Go to the discussion board and write a brief essay (300 words minimum) summarizing some of the multiple viewpoints associated with that topic (for and against, pro and con).  At the end of your essay, present your own opinion on the topic in the form of a thesis statement or arguable claim.  Refer to the previous video lesson on constructing an arguable thesis to help you.

As you respond to your peers (2 replies, 100 words each), try to fill in any gaps you see in their understanding of the pros and cons of the issue.  In addition, evaluate the thesis statement.  Does it make a limited and arguable claim about the topic or issue?  If not, suggest ways to improve the thesis.

Vocabulary for Unit Five

These are the vocabulary words for Unit 5.  Remember to incorporate them into your Discussion Board in this unit.

Plausible       Objectivity       Substantiated

Integrity         Effusive          Superfluous

Sanction       Fabricated      Ambiguous

Ambivalent

default image
July 1, 2023
    

Discussion 2.1

In the article "Learning How to Code-Switch: Humbling, but Necessary," Eric Deggans describes his experiences with code switching. For your next discussion board, you should describe your own experiences switching between different audiences, cultures or social groups.  How does your language and behavior change depending on the people you are around?  Have you ever had an experience in which your failure to adapt to a new situation caused problems?  Do you have difficultly maintaining your own identity when you are required to code switch?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include at least 2 vocabulary words from this unit. Identify these these words using red text.

Vocabulary for Unit Two

These are the vocabulary words for Unit 2.  Remember to incorporate at least two words into your Discussion Board.  Identify the words by using red text.

Benevolent         Reclamation          Dubious           Fabricated

Hypocrisy            Slander                 Astute              Ambiguous

Apathetic             Arbitrary

 https://www.npr.org/sections/codeswitch/2013/04/10/176234171/learning-how-to-code-switch-humbling-but-necessary 

Discussion 3.1

After reading the items in the folder above related to Beyoncé, please respond to both parts below:

Part 1: When you first read Berlatsky's article, what was your reaction? Were you able to find his main argument? What aspects of his argument did you agree with or disagree with?

Part 2: After reading the two example essays, did your perspective about the article change? Did you see aspects of the article that you didn't notice before? Do you agree with the responses from either of the example essays?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include two vocabulary words highlighted in red.

Vocabulary for Unit 3

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Conviction          Impression          Misconception           Perspective

Profound            Inherent              Inveterate                  Amenable

Impinge              Subversion         Aesthetic

Instructions

Beyoncé is both celebrated and scrutinized for her artistic talents and for the way she presents herself to the world. The article that I've linked to below demonstrates some of these diverse viewpoints. Take some time to read the article carefully. As you read, look for the author's viewpoint, keeping in mind that he spends a great deal of time summarizing the viewpoints of others. In a way, the author, Noah Berlatsky, is writing a summary/response: first, he summarizes the viewpoints of Bill O'Reilly and bell hooks (who has intentionally changed her name so that the first letters are lowercase) and then he provides a response. Look for Berlatsky's response.

Beyonce: Sex Terrorist

Follow this link to Berlatsky's article. 

Berlatsky, Noah.  "Beyonce: Sex Terrorist: A Meance to Conservatives and Liberals Alike." The Atlantic. 12 May 2014. http://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/. 30 January 2017.

 https://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/ 

Reflection

Take a moment to reflect upon the article you've just read. What is Berlatsky's main argument? How does his argument compare to O'Reilly's and hooks's statements about Beyoncé? Do you agree or disagree with Berlatsky?

Examples

Attached Files:

Beyonce Student Example 2.docx - Alternative Formats (21.013 KB)

Beyonce Student Example 1.docx - Alternative Formats (19.234 KB)

Read the attached examples of students writing summary/response essays about Berlatsky's article. Once you've read the examples, go back to the lesson and complete the discussion board assignment. 

Discussion 4.1

For this discussion board, first choose an image from the "images" folder to respond to.  In your discussion board post, begin by describing the image you have chosen and explaining your initial reactions to the image.  From there, provide your reader with an analysis of the image, using terms introduced earlier in this unit: composition, context, content, framing, lighting, angle, intertextuality, focus,  etc.  Be sure to begin your response by identifying which image you have chosen.

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each.

As always,  be sure to use two vocabulary words from the unit.

Vocabulary for Unit 4

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Inconsequential      Superficial         Tenuous      Trivial

Compelling             Obstinate         Tenacity       Consensus

Derived                   Acquired

Discussion 5.1

You should have already chosen a topic for your final essay.  Now, you need to explore the multiple viewpoints associated with that topic. Go to the discussion board and write a brief essay (300 words minimum) summarizing some of the multiple viewpoints associated with that topic (for and against, pro and con).  At the end of your essay, present your own opinion on the topic in the form of a thesis statement or arguable claim.  Refer to the previous video lesson on constructing an arguable thesis to help you.

As you respond to your peers (2 replies, 100 words each), try to fill in any gaps you see in their understanding of the pros and cons of the issue.  In addition, evaluate the thesis statement.  Does it make a limited and arguable claim about the topic or issue?  If not, suggest ways to improve the thesis.

Vocabulary for Unit Five

These are the vocabulary words for Unit 5.  Remember to incorporate them into your Discussion Board in this unit.

Plausible       Objectivity       Substantiated

Integrity         Effusive          Superfluous

Sanction       Fabricated      Ambiguous

Ambivalent

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Business, 7 pages
Argumentative Essay
August 5, 2021
    

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customer #19304
Management, 3 pages
Coursework
August 5, 2021
    

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customer #12387
Accounting, 6 pages
Essay (any type)
August 5, 2021
    

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customer #12924
Ethics, 4 pages
Business Plan
August 5, 2021
    

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Marketing, 10 pages
Annotated Bibliography
August 5, 2021
    

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Sociology, 9 pages
Research proposal
August 5, 2021
    

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customer #15327
Economics, 5 pages
Essay (any type)
August 5, 2021
    

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customer #17823
Human Resource Management, 2 pages
Research paper
August 5, 2021
    

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Public Relations, 3 pages
Dissertation
August 5, 2021
    

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Journal article, 20 pages
Coursework
August 5, 2021
    

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Political Science, 6 pages
Admission Essay
August 5, 2021
    

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Tourism, 1 page
Discussion Essay
August 5, 2021
    

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Philosophy, 5 pages
Report
August 5, 2021
    

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customer #10923
Psychology, 4 pages
Essay (any type)
August 5, 2021
    

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customer #17823
Business, 8 pages

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
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  • Money-back guarantee
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  • Part-by-part delivery
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Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

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Money-back guarantee

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