Ahigh-profile consulting company chooses its new entry-level employees from a pool of recent college graduates using a five-step interview process. unfortunately, there are usually more candidates who complete the interview process than the number of new positions that are available. as a result, cumulative gpa is used as a tie-breaker. gpas for the successful interviewees are normally distributed, with a mean of 3.3 and a standard deviation of 0.4. out of the163 people who made it through the interview process, only 121 can be hired. what cut-off gpa should the company use?

Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

Adisadvantage of corporations is that shareholders have to pay on profits.