The attorneys for the City of Hensley believe that a lawsuit filed against the city will be settled late in the next fiscal year. The attorneys believe that it is probable that the city will have to pay the claimants $30,000 to settle the lawsuit, but it is possible that it could be settled for as little as $15,000 or as much as $40,000. How much should the city accrue as a liability in the General Fund for its current fiscal year

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.

An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)