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

Economics

Problem

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, $1,200; wages, $3,500; materials, $1,800. If Lisa's profit last month was $2,000, how many clients did she see?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92757851

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question a monopolist has two types of customers there are

Question: A monopolist has two types of customers. There are 100 of Type A, who will each pay up to $10 for a single unit of the good, and 50 of Type B, who will each pay up to $8. Neither is willing to purchase addition ...

Question two types of consumers workers and retirees share

Question: Two types of consumers (workers and retirees) share a community with a polluting cheese factory. The pollution is nonrival and nonexcludable. The total damage to workers is p^2 where p is the amount of pollutio ...

Question choose and focus on one negative consequence of

Question: Choose and focus on one negative consequence of globalization. Explain what the issue is, and why it is problematic for the world. Describe what you think should be done to improve this situation. If you think ...

Question you are a manager for a firm in an industry where

Question: You are a manager for a firm in an industry where prices have been flat for the past several years. The rate of inflation now rises from 2% to 4%, but the FOMC does not immediately boost the funds rate. Is this ...

Question suppose that demand for rollerblades is given by

Question: Suppose that demand for rollerblades is given by D(p) = A - p. The cost function for all firms is C(y) = wy2 + f , where f is a fixed set-up cost. The marginal cost of production is MC(y) = 2wy. Assume that the ...

Question imagine that you have decided to open a small ice

Question: Imagine that you have decided to open a small ice cream stand on campus called "Ice-Campusades." You are very excited because you love ice cream (delicious!) and this is a fun way for you to apply your business ...

Question for the healthcare industry submit analysis of

Question: For the healthcare Industry: Submit analysis of current forces affecting the auto industry and begin competitve structure and resources). 1. Include charts/graphs and tables indicating trends 2. Describe indust ...

Question write a report that includes the followingbull1

Question: Write a report that includes the following: • 1 brief historical background of the issue/organization/agreement • 2 explanation of why some support this issue/organization/agreement (be specific - who/which gro ...

Question please write a 5 paragraph essay about thisfixed

Question: Please write a 5 paragraph essay about this! Fixed cost versus variable cost use a key study that illustrate your understanding of the concepts. Most importantly what happens to fixed cost as output increases? ...

Qestion in the market for corn the supply curve is qs -2

Question: In the market for corn the supply curve is QS = -2 + P and the demand curve is QD = 10 - P. Solve these for equilibrium price and quantity. Now assume that producers in Illinois grow 10 percent of that output. ...

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 Microeconomics Expert