Lora signs a covenant not to compete with her employer, Midstate Distribution, Inc. The covenant will be enforced if it 1. is reasonable with respect to geographic area and time. 2. none of the choices. 3. is supported by consideration. 4. does not require either party to obtain a business license.

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.