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Rush signed a covenant not to compete contained in a medical partnership agreement. It prohibited a partner leaving the partnership from engaging in the practice of medical or surgery within a twenty-five-mile radius of the partnership office for a period of three years. Rash, in executing the covenant , expressly agree that the covenant was reasonable and that breach of covenant would work harm to the partnership. Is the agreement enforceable? why? or why not?
Determine total cost of quality when there are no defectives. D = 0 and product quality is perfect. Determine total cost of quality when D = 90. No company could stay in business with D = 90, as will be apparent from calculations.
Suppose a town is interested in providing a public good, crime prevention, to a community. There are two people who live in this community Sam and Sara. Sam's demand curve for crime prevention is given by q(Sam)= 100-2p and Sara's demand for crime pr..
Describe what is meant by the Diagnostic-Related Groups. Please supply reference, no copy and paste and please no Plagiarism
Generally wind turbines can substitute for coal in the production of electricity. Imagine a breakthrough in the production of wind turbines reduces the cost of generating electricity with wind by 50%. How would this alter the incentive to find and pr..
Las Cruces Recreations Inc. headquartered in Las Cruces, NM operates a summer camp in Silver City, NM. The cost data for a 12-week summer camp are as follows: Charge per camper = $400 per week Variable cost per camper = $220 per week Fixed costs = $2..
The government wants to run expansionary fiscal policy (deficit spending) to achieve full employment. For this purpose, the government wants to provide each unemployed person with a low wage job. Calculate the amount of additional deficit spending (i..
Explain how foreign exchange rates are determined. How do changes in interest rates, inflation, productivity, and income affect exchange rates
Machine A costs $20,000, lasts 3 years and has a salvage value S of $3,000. Machine B costs $12,000, lasts 2 years and has a salvage value of $2,000. The machines can be purchased at the same price with the same salvage value in the future, and are n..
Illustrate what would be a reasonable breakdown between private sector vs. public sector spending for an increment of $1. Are we talking $0.8 from private and $0.2 from public or would you suggest a bigger swing either way.
If consumer incomes increase, the demand for product Y:
A forty-year annuity-immediate makes monthly payments. During the first year the monthly payments are $100 each. The payments within each year are level; however, the monthly payments in each of the years two through forty are 4% higher than those in..
How we justify assumption that individual demand curves have a negative slope. If y do not, then we may not be able to add them to get market demand.
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