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question 22

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Use the following to answer the question(s) below.
In economic downturns companies attempt to downsize their workforces by offering early retirement incentives to older employees. A survey of 723 companies found that 195 engage in such downsizing practices.
-The 99% confidence interval for the proportion of companies that downsize their workforces by offering early retirement incentives is

Identify the necessary components of virtuous leadership and moral decision-making.
Recognize different ethical theories and their implications for leadership and moral development.
Understand the concept of care-based thinking in ethical decision-making.
Comprehend the significance of leaders' behavior in moral situations as proposed by the social learning theory.

Definitions:

Income Effect

Variations in personal or economic income and their influence on the demanded quantity of particular goods or services.

Normal Good

A normal good is a type of good for which demand increases when income increases and decreases when income decreases, assuming all other factors remain constant.

Inferior Good

A type of good for which demand decreases as the income of individuals increases, conversely, its demand increases when consumer income declines.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, contrasting with normal goods.

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