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Kindly provide detailed answers. Use the willingness-to-pay information about the buyers (Ariel, Bridget, and Connie) and the willingness-to-accept information about the sellers (Daniel, Etienne, and

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Kindly provide detailed answers.

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Use the willingness-to-pay information about the buyers (Ariel, Bridget, and Connie) and the willingness-to-accept information about the sellers (Daniel, Etienne, and Franklin) below to construct a "stepped" demand and supply diagram like this one from my notes on Unit #7. (You'll also have one question to answer below.) Willingness-To-Pay information Ariel Bridget Connie willingness-to-pay $5 $7 $9 for the 1 widget willingness-to-pay $4 $6 $7 for the 2" widget willingness-to-pay $3 $4 $5 for the 3 widget willingness-to-pay $2 $3 $4 for the 4 widget willingness-to-pay $1 $2 $3 for the 5" widget Willingness-To-Accept information A Daniel Etienne Franklin willingness-to-You may need to use the appropriate appendix table or technology to answer the question. Last year, 43:4 of business owners gave a holiday gift to their employees. A survey of business owners conducted thes plan to provide a holiday gift to their employees. Suppose the survey results are based on a sample of do business owners. (2) How many business owners in the survey plan to provide a holiday gift to their employees this year? * business owners (6) Suppose the business owners in the sample did as they plan. Compute the p-value for a hypothesis test that can be used to determine if the proportion of providing holiday gifts has decreased from last year. Find the value of the test statistic. (Round your answer to two decimal places,) Find the p-value. (Round your answer to four decimal places.) X (c)Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts decreased? O Reject:. There is Insufficient evidence to conclude that the proportion of business owners providing holiday gifts has decreased from last year O Reject Me There is sufficient evidence to conclude that the proportion of business owners providing holiday gifts has decreased from last year, Q Do not reject N.. There is insufficient evidence to conclude that the proportion of business owners providing holiday gifts has decreased from last Year. O Do not reject H. There is sufficient evidence to conclude that the proportion of business owners providing holiday gifts has decreased from last roar What is the smallest level of significance for which you could draw such a conclusion? (Round your answer to four dodmal places.) Need Help? CanDATE NAME 1. What are the main purposes of a legal system? (that is, what benefits does a legal system give to a nation?] 2. Name and describe the two most common types of legal systems in the world today. 3. What are the main sources of law in the U.S. common law system? 4. What is the difference between procedural law and substantive law? 5. What is federalism? 6. How do past decisions issued by judges make the law more predictable? 7. What are the three branches of the federal government, and how do they exercise the powers given to them in the U.S. constitution? B. Subject matter jurisdiction is the power to issue orders affecting the rights of a plaintiff and defendant. True or false? 9. Federal question jurisdiction is one of the types of jurisdiction exercised by federal courts. True or false? 10. The Tenth Circuit Court of appeals exercises which of the following types of jurisdiction? (Circle the correct answer) a. Appellate jurisdiction b. Original jurisdiction c. Special court jurisdiction d. Personal jurisdiction 11. A party who begins a lawsuit by filing a is called a plaintiff. 12. The party who files an indictment in a criminal court is called the 13. Describe two ethical duties of an attorney who represents a party in a lawsuit. 14. After all the evidence is presented in a trial, what is the job of the jury? 15. A person who has an actual stake in the outcome of litigation is said to have 16. A court may exercise filed. Jurisdiction over a party who has minimum contacts with the state in which a case is 17. A court may permit the filing of a class action if (Circle all that apply)

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