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Honest John s law firm currently charges a $500 fee per lawsuit and litigates 40 cases per month. John, the firm s president, believes that reducing the fee to $450 per case would increase the firm s caseload to 50 per month. The firm could handle these additional cases if it hired one more lawyer at a monthly salary of $3000. Should the firm make these changes? (Select one answer)
Check all of the following that characterize the supervision provided at your center or workplace most of the time: Provides support and helpful feedback. __ Hard to please __ Unavailable. _____ Conducts fair evaluations of staff
Biff owns and operates a golf driving range on land that he also owns. Last year his accountant calculated that his driving range makes $50,000 profits per year. Last year a property management company offered to lease Biff’s land from him for $80,00..
The Federal Reserve wants to increase the money supply by printing and distributing 1 million dollars worth of currency notes. What will be the actual increase in money supply if the public holds one fourth of the currency as cash, and deposits rest ..
Approximately how much output should the firm allocate to market 2? What is the approximate price that will be charged in market 1? What is the approximate price that will be charged in market 2?
In choosing between two products, a rational consumer will choose the product that gives her the:
q. athe economist on the 14th february 2008 printed the following more recently the post-mortems on americas 2001
All of the following statements about banks in Zimbabwe in 2009 are true except-Political instability increased the risk of bank failures.
Calculate the price and quantity associated with the perfectly competitive outcome.
Given the market for corn in equilibrium, show the effect on price and quantity of the following simultaneous occurrences: Good weather results in a 10% increase in the harvest of corn. A medical report is published that concludes that consumption o..
A mining firm makes annual deposits of $250,000 into a reclamation fund for 25 years. If the firm must have $10 million when the mine is closed, what interest rate must the investment earn? Please include the formulas you used in the form of (A/P, i,..
In late 2006 and early 2007, orange crops in Florida were smaller than expected, and the crop in California was put in a deep freeze by an Arctic cold front.
The developing country uses the $100 bank balance to import $100 worth of food from the United States (US).
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