Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due to his extensive experience and legal background, he believes that his fees should not relate directly to the time or effort spent on specific cases. Now that Malcolm has chosen the pricing strategy he wants to use, what is his next step

Answers

Answer 1

Answer:

determining the final price

Explanation:

In the given scenario Malcolm wants to use a pricing strategy that relies on his extensive experience and legal background rather than on time or effort spent on cases.

So he is promoting a higher quality of legal representation compared to other firms.

The next step in his pricing strategy will be to set the final price he wants to.offer his services.

This should be done by taking note of other law firms operating in the same community. A price that is too high will drive customers to competitors.


Related Questions

Do BLACK LIVES MATTER??????!!!!!!!!!!

Answers

Answer:

OF COURSE THEY DO Y DONT PPL SAY ALL LIVES MATTER

Answer: YES .

Explanation:

To determine what the customers of a clothing store think about the variety of clothing sold in the store, a manager hands out a survey to 100 teenagers chosen at random who visited the store.
Which of the following could affect the outcome of the survey?
A. The survey is biased because the manager did not give the survey to teenagers at other stores.
B. The results could be flawed because the sample population was too large.
C. The results could be flawed because the sample is not a good representation of the store's customers.
D. The results could be flawed because the teenagers were randomly chosen

Answers

Answer:

C. The results could be flawed because the sample is not a good representation of the store's customers.

Explanation:

I just took the quiz, I hope this helps (:

The results could be flawed because the sample is not a good representation of the store's customers because it onlu says only  a manager hands out a survey to 100 teenagers chosen at random who visited the store.

What do you mean by Sample?

A sample is an unbiased visual value taken from humans. In simple terms, a population is the total number of observations (i.e., people, animals, objects, data, etc.) contained in a particular group or context.

Thus, Option C is the correct statement that is The results could be flawed because the sample is not a good representation of the store's customers.

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the three branches of government are the legislative branch, and the ____ branch
a. judicial
b.regulatory
c. supreme court
d. presidential ​

Answers

Answer:

Judicial

Explanation:

There is no presidential branch as that is the executive branch. The supreme court IS the judicial branch but the supreme court is not a branch in of itself. There is no regulatory branch that I know of.

a) judicial

legislative, judicial, and executive are the three branches of government.

During the forming stage team members meet one another and determine team goals. False True

Answers

Answer:

True

Explanation:

**ECONOMY**

Taxation that allows higher-income people to pay less of their income on taxes than lower-income people is called:

A. regressive taxation
B. progressive taxation
C. proportional taxation
D. indirect taxation

Answers

Answer:a

Explanation:

who needs help with your work? if you need help just tell me in the thang blow.

Answers

Answer:

Not me.

Explanation:

Have a nice day.

2. Which of the following is an example of an operative employee? A. Regional manager B. Head coach C. Chairman of the board D. Assembly line worker C​

Answers

D. Assembly line worker

An example of an operative employee is an assembly line worker.

The following information should be relevant:

Operating employees are those employees who generate the products & services directly for an organization.Also, it does not supervise the work of others. So, the option a, b, and c are incorrect.

Therefore we can conclude that an example of an operative employee is an assembly line worker.

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When you put a check you received in the bank, you have immediate access to the money.
True or False.

Answers

Answer:

this is true hope this helps

Explanation:

Do you think I would be a successful you-tuber?

Answers

Answer:

yes !! im also into becoming one as well ! it takes a while but its worth it, keep your hopes up but make sure you have another option just incase it might not work out right.

Explanation: goodluck <3

All of the following are reasons for countries to participate in foreign trade EXCEPT

A. it is just as easy to start a business overseas as it is in the United States.
B. no nation can produce all of the products its people want and need.
C. even if a country was self-sufficient, other nations would seek to trade with that country in order to meet the needs of its own people.
D. some nations have resources, but not technological know-how; while others have know-how, but lack resources.

Answers

Answer:

A. it is just as easy to start a business overseas as it is in the United States.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that are used by consumers across the world.

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

All of the following are reasons for countries to participate in foreign trade;

I. No country or nation is able to produce all of the goods its people want and need i.e meeting the unending requirements of its citizens through production of goods and services.

II. Even if a country such as developed countries across the world was self-sufficient, other developing or underdeveloped nations would seek to trade with that country so as to meet the demands (needs) of its own people.

III. The interdependency of technology and resources for different countries. Some nations have resources, but not technological know-how; while others have know-how, but lack resources.

During the current fiscal year, Jeremiah Corp. signed a long-term noncancellable purchase commitment with its primary supplier. Jeremiah agreed to purchase $2.5 million of raw materials during the next fiscal year under this contract. At the end of the current fiscal year, the raw material to be purchased under this contract had a market value of $2.3 million. What is the journal entry at the end of the current fiscal year

Answers

Answer:

Debit Unrealized Holding Gain or Loss$200,000

Crediit Estimated liability on Purchase Commitments $200,000

Explanation:

Preparation of the journal entry at the end of the current fiscal year

Based on the information given the journal entry at the end of the current fiscal year will be :

Debit Unrealized Holding Gain or Loss $200,000

Crediit Estimated liability on Purchase Commitments $200,000

($2.5 million-$2.3 million)

What is the difference between a co-payment and co-insurance?
(please write full complete sentences)

Answers

A copay is a set rate you pay for prescriptions, doctor visits, and other types of care. Coinsurance is the percentage of costs you pay after you've met your deductible.

The total estimated cost of attending a public two-year college in Hasani’s home town last year was $2,265. The cost of attending the college is expected to increase 5% annually. Hasani plans to enter the college this year and attend for 2 years. Which is the best estimate for the total cost Hasani will pay for only his second year? $2,270.66 $2,275.00 $2,491.50 $2,497.16

Answers

Answer: Hi there! For this question, we will be compounding, because the cost of going of going to college goes up by 5% each year. The formula for compounding is P(1 + r)^t, where P = starting amount, r = rate, and t = time in years. First, let's add 5% (0.05) to 1. 1 + 0.05 is 1.05. We are talking about how much Hasani will have to pay in his second year. We will raise that number to the 2nd power. 1.05^2 is 1.1025. Now, we will multiply that number by2,265 to find the amount. When we multiply both numbers, we get 2,497.1625 or 2,497.16 when rounded to the nearest hundredth. There. Hasani will pay an estimated cost of $2,497.16. The answer is D.

Answer:

D

Explanation:

The cash price for a stereo system is $900. You choose to buy it on credit and give a $100 down payment, and the balance due is 24 equal payments of $42. Installment Total= $Total of Payments + Down Payment What is the total installment price?

Answers

Answer:

$ 1108 is the total installment price

Explanation:

Cash price for a stereo system = $900

Down payment made to buy stereo on credit = $ 100

Remaining amount after paying down payment = $900 - $100 = $ 800

Installment Total= $Total of Payments + Down Payment

Installment Total= $ 100 + 24 * $42 =$ 1108

SKATEBOARDERS. WHAT ARE SOME DISADVANTAGES AND ADVANTAGES OF YOUR SKATEBOARD?
What would you change if you could. Just wondering

Answers

How fast I can go lol

Answer:

uh how i fall off sometimes disadvandage and it going right for me advandage

Explanation:

. To reduce the effects of headlights glare at night you should look:
a. straight ahead
b. over your shoulder
C. at the center of the road
d. to the right edge of the road ​

Answers

Answer d

Explanation Aceable

Answer:

look to the right

Explanation:

Which of the following is the amount a 65-year-old couple retiring this year will need to pay for medical care and
prescription drugs?
$150,000
$200,000
$240,000
$300,000

Answers

Answer:

A healthy 65-year-old couple retiring in this year will need close to $300,000 to cover health-care expenses, including Medicare Parts B and D, according to HealthView Services.

Jacob was assigned recently to a large team working on a major software release that was taking longer than expected. Jacob and the other latecomers into the project spent a month partnered with a senior programmer who went over the project in detail with them and got them up to speed. Unfortunately, this training put the project even farther behind schedule. After a few months of working on the project with many other programmers, Jacob's work output becomes noticeably lower than it was before when he was working independently. Jacob's reduced work output is most likely due to

Answers

Answer:

A) social loafing.

Explanation:

social loafing is the event of a person exerting lower effort to accomplish the goal at the time when they work in a group rather working alone. It would be the important reasons for less productivity as compared with the combined performance that works as an individuals

So according to the given situation, Jacob reduce work output due to social loafing

Social loafing is the psychological phenomenon in which team members do less work in a group context.

How do you handle social loafing?

One of the most effective ways to decrease the possibility of social loafing is to form smaller groups or teams. Make it easy to see and support team members' work.

Smaller groups also allow people to create relationships and form a coherent entity, all of which motivate people to contribute.

Thus Option A is the reason for Jacob’s reduced work output.

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Hi, I'm Rashid. I served in the Peace Corps as an Information and Communication Technology Volunteer in the southern African nation of Namibia.

Namibia is a big country geographically, but in terms of population, it's very, very small. To put it in perspective, it has about one-fifth as many people as New Jersey, but it's 40 times larger. And, unlike New Jersey, it's very dry, and there are a lot of goats—a lot of goats.

One day, I was sitting in my house, in Namibia, reading a U.S. newspaper on my cell phone.

Oh, I should backtrack for a minute here. Yes, Africa has cell phones. In fact, every Peace Corps volunteer in Namibia has a cell phone, as well as every adult Namibian I knew, and most teenagers. Cell phone coverage reaches every major town in Namibia, and most of the minor ones, as well—even small villages.

And this isn't only Namibia. Cell phones are everywhere in Africa and even though one in four Africans has a cell phone, you rarely see anyone talking on them—you see, it's simply too expensive. Instead, everyone is text messaging. Text messaging, you see, is very cheap. For $10 U.S. dollars you can walk into a shop in Namibia, and walk out with a cell phone—not a very nice one, mind you, but a fully functional one—that has enough prepaid credit to send 100 text messages a day for three months.

–“A Story of a Peace Corps Volunteer in Namibia,”
Rashid Khan

Which key sentence from the passage identifies this text as a primary source?

A. “I served in the Peace Corps as an Information and Communication Technology Volunteer in the southern African nation of Namibia.”
B. “In fact, every Peace Corps volunteer in Namibia has a cell phone, as well as every adult Namibian I knew, and most teenagers.”
C. “Cell phone coverage reaches every major town in Namibia, and most of the minor ones, as well—even small villages.”
D. “For $10 U.S. dollars you can walk into a shop in Namibia, and walk out with a cell phone—not a very nice one, mind you, but a fully functional.”

Answers

Answer:

the correct answer is “I served in the Peace Corps as an Information and Communication Technology Volunteer in the southern African nation of Namibia.”

Explanation:

I took that quiz

The  key sentence from the passage that identifies this text as a primary source is “I served in the Peace Corps as an Information and Communication Technology Volunteer in the southern African nation of Namibia.”Thus the correct option is A.

What is Primary Source?

A primary source is referred to as the source from where the information obtained is first-hand or original. These sources have a direct connection with any event that took place important role in information.

The information given in the primary source is based on someone's real-life experience or someone who has faced the occurrence from very close so that they can provide accurate information about It.

The significance of primary sources is they are accurate and considered reliable and credible for any research as it closely associated with any event.

In option A, the pronoun used as "I" which is indicating that someone is sharing a life incident or information that is actually connected to him which is a trait of a primary source.

Therefore, option A is appropriate.

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The equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and higher than in perfectly competitive markets. lower than in monopoly markets and higher than in perfectly competitive markets. higher than in monopoly markets and lower than in perfectly competitive markets. lower than in monopoly markets and lower than in perfectly competitive markets.

Answers

Answer:

higher than in monopoly markets and lower than in perfectly competitive markets.

Explanation:

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.

The characteristics of an oligopolistic market structure are;

I. Mutual interdependence between the firms.

II. Market control by many small firms.

III. Difficult entry to new firms.

An equilibrium quantity can be defined as a situation in which there are no surplus or shortage of finished goods in the market.

This ultimately implies that, there is an intersection between demand and supply i.e the amount of goods and services that the consumers are willing to buy is equal to the amount of goods and services that the producers are able and willing to supply at a specific period of time.

Hence, the equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and lower than in perfectly competitive markets.

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.

In a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

A free trade zone is an area where Group of answer choices black market trade is carried out under government supervision the normal trade laws of a country such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry ideas are exchanged in an academic setting to increase the academic activity of the country large open markets are set up in poor countries for the exchange of international currencies people bring agricultural products for trade and barter

Answers

Answer:

the normal trade laws of a country such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry

Explanation:

A free trade zone area is an area where goods are imported or exported without being subjected to the normal trade laws such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry.

the aim of a free trade zone is to increase and stimulate foreign trade

Advantages of a free trade zone area

1. it increases efficiency

2. it encourages competition. As a result of not restricting import, domestic product have to compete with foreign goods

3. it allows countries to specialise in the production of goods for which they have a comparative advantage

How would your life be affected by having to buy products manufactured by a monopoly?

Answers

Answer:

no industry competition

Explanation:, a monopoly's price is the market price and demand is market demand. Even at high prices, customers will not be able to substitute the good or service with a more affordable alternative. As the sole supplier, a monopoly can also refuse to serve customers.

What does it mean to short, or sell short a stock

Answers

Answer:

One way to make money on stocks for which the price is falling is called short selling (or going short). Short selling is a fairly simple concept—an investor borrows a stock, sells the stock, and then buys the stock back to return it to the lender. Short sellers are betting that the stock they sell will drop in price.

Explanation:

Hope it helps

The management of Bonga Corporation is considering dropping product D74F. Data from the company's accounting system for this product for last year appear below: Sales $ 942,000 Variable expenses $ 415,000 Fixed manufacturing expenses $ 356,000 Fixed selling and administrative expenses $ 263,000 All fixed expenses of the company are fully allocated to products in the company's accounting system. Further investigation has revealed that $217,000 of the fixed manufacturing expenses and $128,000 of the fixed selling and administrative expenses are avoidable if product D74F is discontinued. What would be the financial advantage (disadvantage) from dropping product D74F

Answers

Answer:

Financial disadvantage from dropping = $(182,000)

Explanation:

A product should be shut down if doing so would make the savings in fixed costs associated with the product to exceed the lost contribution. Other wise , the product should remain.

In a shut down decision , the following relevant cash flows should be considered:

1. Lost contribution from the product to be shut down

2. Savings in fixed directly attributable to the product under consideration.

So, we will apply these principles as follows:

Lost contribution from the product to be shut down:

(942,000-415,000)                                                                 (527,000)

Savings from fixed direct fixed cost:

(217,000+128,000)                                                                  345,000

Net loss contribution                                                              (182,000)      

Financial disadvantage from dropping = $(182,000)                                                  

What is the legal maximum speed limit permitted when driving in a residential area of the community?
a. 15 mph
b. 25 mph
c. 35 mph
d. 45 mph
What is the legal maximum speed permitted for driving on the expressway-in Michigan?
a. 45 mph
b. 55 mph
c. 60 mph
d. 70 mph​

Answers

Answer:

B B :)

Explanation:

The Albertsons are purchasing a home for $400,000. They are financing 70 percent of the home's value. In addition to the down payment, they have the following closing costs:
Lender's inspection fee $400 Loan origination fee 1.5% of the loan amount Notary public fee $60
Document recording fees $75
Title search $300
What is the total amount of the closing costs? .
help plz​

Answers

Answer:

$5,035

Explanation:

First, you have $400 as the first cost in the closing costs.

You Then find 1.5% of the loan amount, which is 70% of $400,000 ($280,000), so 1.5% of $280,000 is $4,200. So you add $4,200 to the $400

Next, you add the notary fee of $60.

Then you add the recording fees of $75.

Lastly, you add the title search of $300.

Now add everything up, $400 + $4,200 + $60 + $75 + $300 = $5,035

Final answer = $5,035

Under the allowance method of accounting for uncollectible accounts, Group of answer choices the cash realizable value of accounts receivable is greater before an account is written off than after it is written off. Bad Debt Expense is debited when a specific account is written off as uncollectible. is debited when a specific account is written off as uncollectible. the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off. Allowance for Doubtful Accounts is closed each year to Income Summary.

Answers

Answer:

how are the answer choices seperated

Sally and Dan, employees at FLT Inc., have applied for a management position at the company. Sally has better qualifications and is more experienced than Dan. However, Dan is selected for the position instead of Sally due to the selection committee's biased attitude toward women. This scenario illustrates the concept of _____. Group of answer choices reverse discrimination sexual harassment racial segregation the glass ceiling the white primary

Answers

Answer: the glass ceiling

Explanation:

The Glass Ceiling is a metaphor that is meant to describe the hardships that women face in trying to get into managerial positions due to bias against them born from a belief that they will be unable to handle the pressure.

The term describes how this bias creates a barrier that is not tangible so is invisible but is a barrier nonetheless much like a glass ceiling which one can see through but cannot go through.

1. Kwan's annual premium is $1,284.00. He has the choice of paying semi-annually for a $1.00 fee or quarterly for a $2.00 fee. What is his quarterly payment? Is it twice the amount ?

Answers

I’m not sure but I’ll try to solve it right now for you so just give me some time

Over its history, suppose that France has borrowed more from the rest of the world than it has lent to the rest of the world. This means that France a. is a net-creditor nation. b. has realized continuous deficits in its current account. c. has a very large unilateral transfers balance. d. has realized continuous surpluses in its goods and services account.

Answers

Out of the choices provided above, it can be concluded to state that France has realized continuous deficits in its current account. Therefore, the option B holds true.

What is the significance of France?

France can be referred to or considered as a nation, which is among the most developed nations in the world. It is situated in the European Continent, and is also a part of the European Union with significant contributions to the GDP of the continent.

Apart from its GDP contributions, there are some concerns lying over the French economy, which states that there have been constant deficits in the current accounts of the French government, thereby stating that France is a net-debtor nation.

Therefore, the option B holds true and states regarding the significance of France.

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