Lisa is a self-employed physical therapist who works from a, Ask an Expert

Economics

Lisa is a self-employed physical therapist who works from a rented space. Lisa charges $250 for a therapy session. She incurred the following costs last month: space and equipment rental, $1200; wages, $3500; materials, $2000. If Lisa’s profit last month was $1800, how many clients did she see?

Instructions: Round your answer to the nearest whole number.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91954318

Have any Question?Write your Review or question?

Related Questions in Business Economics

What is the types of cost fixed variable and marginal in

What is the types of cost: fixed, variable, and marginal in economics, and methods that market power alters the relationship between a firm's costs and the price at which it sells its product?

Some people eg hayek argue that decentralization of

Some people (e.g Hayek) argue that decentralization of economic decisions in the economy lead to an efficient resource allocation. What differences exist within the firm that make the link between decentralization and ef ...

Inverse elasticityimagine youve started a new pizza

Inverse Elasticity: Imagine you've started a new pizza restaurant. It costs you about $3 to produce a pizza. Last week you sold 450 pizzas for $12 each. This week you raised your price and sold 300 pizzas for $16 each. ...

Given that some normally distributed data has a mean of

Given that some normally distributed data has a mean of 942.5 and a standard deviation of 96. What is the value x of this data set where 85% of all other data values are greater?

Define economies of scope is this concept related to

Define economies of scope. Is this concept related to economies of scale? Explain. Define economies of scale. How does this relate to returns to scale?

Suppose you own an acre of land you could grow crops on

Suppose you own an acre of land. You could grow crops on that land. The cost of seeds is $100. The crops you grow from those seeds will sell for $250. You could also rent the land to another farmer. The rent you could ea ...

In a survey of 3439 adults 1418 say they have started

In a survey of 3439 adults, 1418 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion. Interpret the results.

In lecture we discussed why the production possibilities

In lecture we discussed why the production possibilities frontier (the boundary of the production possibilities set) is bowed 'outwards'. When might the production possibilities set be bowed 'inwards'? Give an example of ...

The following are amounts of time minutes spent on hygiene

The following are amounts of time (minutes) spent on hygiene and grooming in the morning by survey respondents (based on data from an SCA survey). 15, 16, 18, 25, 26, 30, 32, 41, 45, 55, 63. Does the number 63 appear unu ...

Tests can determine with some degree of accuracy whether a

Tests can determine, with some degree of accuracy, whether a subject indeed has the disease for which s/he is being tested. For instance, a new screening procedure for heart disease was tested on 100 patients with heart ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert