A major law firm that uses associates and partners to provide legal services to its clients. To some degree both classes of employee are substitutable for each other. Indeed the firm has discovered that its clients' current needs can be satisfied using any of the combinations of person/hours for the year listed below:

AutoSave O OFF A A 9 0 5 ... Document1 Home Insert Draw Design Layout References Mailings Review View ? Tell me Share Comments Helvetica N... v 12 A A Aav Ap EVENEv AaBbCcDdEe AaBbCcDdEe Aa BbCcDc AaBbCcDdEE AaBb( AaBbCCDdEE Paste BI Uvab X2 x A DAY IEv Norma No Spacing Heading 1 Heading 2 Title Subtitle Styles Dictate Sensitivity pane A major law firm that uses associates and partners to provide legal services to its clients. To some degree both classes of employee are substitutable for each other. Indeed the firm has discovered that its clients' current needs can be satisfied using any of the combinations of person/hours for the year listed below: Partners Associates 13000 95750 14000 92750 15000 90000 16000 87500 17000 85250 18000 83250 19000 81500 20000 80000 Current wage for partners is $100,000 and $50,000 for associates. The firm has had a staffing policy of six to one. That is, for every partner, there are six associates. The current situation thus finds the firm using 15,000 partner hours and 90,000 associate hours. Page 1 of 2 414 words X English (United States) Focus E + 180%