Scenario: Yasmin and Zeek Are Lawyers Working at V, W

question 252

Multiple Choice

Scenario: Yasmin and Zeek are lawyers working at V, W, and X LLP. Yasmin works 48 hours a week, and Zeek also works 48 hours a week. They handle two types of cases, intellectual property (IP) cases and corporate fraud (CF) cases. It takes Yasmin 6 hours to handle each IP case and 4 hours to handle each CF case. Zeek can finish an IP case in 3 hours and a CF case in 6 hours.
-Refer to the scenario above.Suppose that the two lawyers' boss wants the total number of IP cases worked on by them to be equal the total number of CF cases worked on by them.So long as the total number of IP cases equals the total number of CF cases,their boss does not care which lawyer works on how many of which type of case.So Yasmin and Zeek decide to take advantage of their comparative advantages.How many IP and CF cases would they finish? (Hint: Assume that they can work on a fraction of a case.)

• A) 12 and three halves of each type of case
• B) 13 and a third of each type of case
• C) 16 and a half of each type of case
• D) 24 of each type of case

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Definitions:

Raw Materials Conversion

This process involves transforming raw materials into components or products through manufacturing or production processes.

Materially Associated

Refers to the significance of information or transactions in the context of its impact on financial decision-making or reporting.

Directing

The management process of guiding and overseeing the work of employees to meet organizational objectives.

Human Resources

The department within an organization that focuses on the recruitment, management, and direction of people who work in it.