According to Massachusetts state law, the maximum amount of a jury award that attorneys can receive is:
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According to Massachusetts state law, the maximum amount of a jury award that attorneys can receive is:
40% of the first $150,000,
33.3% of the next $150,000,
30% of the next $200,000, and
24% of anything over $500,000.
Let ƒ(x) represent the maximum amount of money that an attorney in Massachusetts can receive for a jury award of size x.
(a) ƒ(250,000)
(b) ƒ(350,000)
(c) ƒ(550,000)
(d) Sketch a graph of ƒ(x).
Find each of the following, and describe in a sentence what the answer tells you.
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