Under which one of the following conditions would a lawyer accept a case on a contingent basis?
A) The lawyer is risk averse.
B) The client is risk loving.
C) The lawyer has several cases on a contingent basis with payoffs that are not perfectly positively correlated.
D) The lawyer is more risk averse than the client is.
C
Economics
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Since 1980, discount loans have been available
A) only to member banks of the Federal Reserve System. B) only to national banks. C) only to state banks. D) to all depository institutions.
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Maximizing profit means finding the maximum difference between:
a. TR and TC. b. MR and MC. c. price and ATC. d. price and AR. e. ATC and MC.
Economics