1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zloy xaker [14]
4 years ago
11

Mordred had been sued by a former business partner. the partner was seeking $1,000,000 in damages. mordred felt that this claim

was totally unfair. he went to the law firm of merlin, guinevere, and arthur, llc. he was told that a junior associate could handle his case for $300 and hour or a senior partner could handle the case for $700 and hour. when he asked why there was such a difference in the rates, he was told that the senior partners were in such high demand that they were trying to discourage new clients. this is an example of _____________?
Business
1 answer:
maw [93]4 years ago
7 0
<span>This is an example of the fundamental principle of economics, supply and demand. There is a limited supply of senior partners, so as demand for their services increases so does the price of those services. Conversely, if the senior partners were in need of new clients then their services would not be in high demand. This would cause the price of their services to decrease.</span>
You might be interested in
Jennifer works as a clerk in a company. The essential function of her job is producing memoranda using word processing software.
patriot [66]

Answer:

Americans with the Disability Act of 1990.

Explanation:

Crippling Arthritis can get worse with the time.If the is left untreated then the disease always attack five joints at least.So according to the Americans with the disability act.This act protects individuals form discrimination having disability.So the employer has to provide accommodations to Jennifer.

5 0
3 years ago
Justin is the CEO of Nexon Inc. He works in an open office and encourages his employees to approach his desk any time of day. Ju
nikitadnepr [17]

Answer:

The answer is: Democratic management style

Explanation:

This management style is based on the belief that two heads are better than one, and that every employee (no matter position they hold) deserves to have a say.

So managers that follow this style usually encourage their employees to participate and share their ideas and suggestions. They tend to create horizontal organizations, but the final and last decision still belongs to the boss.

Employees usually like this system because they feel they are a valuable and important part of the organization. Many times it leads to higher efficiency and productivity.

As a downside, these organizations tend be more messy (informal) and decision making processes are very time consuming.

5 0
3 years ago
What is the price of money
OverLord2011 [107]

Answer:

The price of money is a function of the prices of all other goods and services in the economy. Many economists proxy the price of money using the inverse of an aggregated price index. All else being equal, a higher price level implies a lower price of money; a lower price level implies a higher price of money

5 0
3 years ago
Read 2 more answers
Brisco Bricks purchases raw material from its foreign supplier, Bolivian Clay, on May 8. Payment of 2,000,000 foreign currency u
Gekata [30.6K]

Answer:

$2,500,000

Explanation:

The computation of the amount which would be credited is shown below:

= Payment of foreign currency units (FC) is due in 30 days × exchange rate i.e spot rate on May 31

= 2,000,000 × $1.25

= $2,500,000

We simply multiply the payment with the spot rate so that the accurate value can come.

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 950 2 1,180 3 1,400 4 2,140
Anon25 [30]

Answer:

$6,225.08

Explanation:

The computation of the future value of these cash flows in year 4 is shown below:

= Year 1 cash flow × (1 + interest rate)^year + Year 2 cash flow × (1 + interest rate)^year + Year 3 cash flow × (1 + interest rate)^year + Year 4 cash flow × (1 + interest rate)^year

= $950 × 1.08^3 + $1,180 × 1.08^2 + $1,400 × 1.08^1 + $2,140

= $950 × 1.259712  +  $1,180 × 1.1664  + $1,400 × 1.08 + $2,140

= $1,196.7264  + $1,376.352  + $1,512  + $2,140

= $6,225.08

3 0
3 years ago
Other questions:
  • We would like to invest $10,000 into shares of companies XX and YY.
    11·1 answer
  • Journalizing sales transactions-periodic inventory system Journalize the following sales transactions for Straight Shot Archery
    11·1 answer
  • For years 2010 to 2015, the computers produced and shipped in highest quantity were _____. (note: all the choices represent a ki
    15·1 answer
  • According to Harvey MacKay, a goal is a dream with?
    15·2 answers
  • List any 5 important of wetland​
    5·1 answer
  • Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000. Paid $89,000 cash for a n
    15·1 answer
  • While shopping for back-to-school clothes, Josie uses apps on her smartphone to comparison shop, and to obtain coupons and fashi
    9·1 answer
  • Which of the following statements is correct?
    14·1 answer
  • The entry of firms into a market Group of answer choices Shifts the market supply curve to the left. Increases the equilibrium p
    10·1 answer
  • what was a primary purpose of the program being promoted by this poster? (7f) question 9 options: to encourage women to join the
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!