A firm is trying to determine what wage it needs to offer in order to attract qualified applicants when hiring several new employees. The firm has collected the following data on the supply of labor and estimates the number of applications it would receive as well as the number of employees it would like to hire at each wage. Wage Number of Qualified Job Applicants Number of Employees Firm Would Hire $20,000 10 10 $25,000 12 9 $30,000 18 8 $35,000 21 7 $40,000 27 6 $45,000 30 5 $50,000 36 4 $55,000 45 3 $60,000 50 2 The firm wants to pay as little as possible and still get a minimum of two applicants for each person it actually hires. Which wage should the firm offer based on this data?

List three major educational changes over the past 100 years that have positively influenced students. explain why these changes were influential.

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?