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A Firm Is Considering Adding a Second Secretary to Answer

question 20

Essay

A firm is considering adding a second secretary to answer phone calls and make appointments.The cost of the secretary will be $10/hour and she will work 200 hours each month.If each new client adds $400 of profit to the firm,how many clients must the secretary arrange for the firm to break even?


Definitions:

Product Liability

Refers to the legal obligation of sellers or manufacturers to compensate for injury or damage caused by defective or unsafe products.

Design Defect

A flaw in the intended design of a product that makes it unsafe for use or consumption.

Reasonable Alternative Design

A feasible and practical design option that could minimize or eliminate risk or harm, often discussed in the context of product liability.

Express Warranty

A clearly stated promise or guarantee about the condition or functionality of a product, made by the seller to the buyer.

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