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pychu [463]
2 years ago
14

Three years ago, law school admits deciding whether or not to attend the schools they were admitted to typically underestimated

the future demand for lawyers. This forecasted demand corresponded with salaries that many admits were unwilling to accept, and fewer students than usual ended up attending law school. Now that these students have completed law school, the small graduating classes have led to a more limited supply of lawyers than is generally available. What will be the result of this mismatch?
Business
1 answer:
V125BC [204]2 years ago
4 0

Answer:

Limited Supply of lawyers will lead to increase in Lawyer Wages / Salaries

Explanation:

Labour Markets are at equilibrium where : Labour Demand (by firms) = Labour Supply (by employees).

Analysing the labour market for Lawyers : Previous anticipations finally leading to small graduating classes & limited supply of lawyers. This limited supply creates excess demand of lawyers. The mismatched excess demand (by firms) creates competition among buyer firms, which leads to increase in price (wages or salaries) of lawyers.

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Benny asked his marketing team to research and collect data regarding the demographics of people residing in the state of Califo
anzhelika [568]

Answer:

C, Management Information System

Explanation:

5 0
2 years ago
Bob got a 30 year Fully Amortizing FRM for $1,500,000 at 4%, except with non-constant payments. For the first 2 years Bob will p
ikadub [295]

Answer:

$1,593,535.83

Explanation:

Future Value of mortgage determines the future value of a mortgage after payments have been made, at a regular frequency, charged a regular rate of interest, compounded at payment dates.

DATA

PV = $1,500,000

N = 24

r = 0.04/12

PMT = $1250

FV =?

Solution

PV = (PMT/r)*[1 – 1/(1 + r)^N] + FV/(1 + r)^N

1,500,000 = (1250/(0.04/12)) * (1 – 1/(1 + 0.04/12)^24) + FV/(1 + 0.04/12)^24

1,500,000 = 28785.31353687 + 0.92323916 FV

FV = (1,500,000 - 28785.31353687)/ 0.92323916

FV = $1,593,535.83

5 0
2 years ago
a) Miranda needs to build new shelves in her pantry to store all these items. She wants to put each type of item on a separate s
Rashid [163]

Answer: yes

Explanation:

Converting each to pounds it equals 13.3 pounds

8 0
1 year ago
Read 2 more answers
The interest rate is 10% but the government offers you a subsidized perpetual loan for $1m at 5%. in other words, you get the $1
DochEvi [55]

Answer:

The worth of loan subsidy at 5% is $1000000 and at 10% is $500000.

Explanation:

The subsidized perpetual loan offer by government = $1000000

Interest rate = 5%

The amount paid for forever = $50000

Below is the calculation to find the worth of loan subsidy for forever.

Amount paid to the government for forever at 5% interest.

Total subsidy loan worth at 5% = $50000 /5% = $1000000

The subsidy loan worth at 10% = $50000 /10% = $500000

The worth of loan subsidy at 5% is $1000000 and at 10% is $500000.

3 0
1 year ago
The marine corps, while also steeped in tradition and focused on the individual marine, prides itself on its quick responsivenes
Murljashka [212]

The Marine Corps refer to the United States Marines Corps, a branch of the U.S. Army who is responsible for conducting expedition and amphibious operations with multiple branches of the military, which includes the Navy, Army, and the Air Force.

The answer to the question is size and capacity vs. speed and flexibility.

7 0
1 year ago
Read 2 more answers
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