When the tannery uses the recycling method, the resort earns $2,900−$1,900=$1,000 more per week than it does with no recycling. therefore, the resort should be willing to pay up to $1,000 per week for the tannery to recycle water. however, the recycling method decreases the tannery's economic profit by $2,700−$2,000=$700 per week. therefore, the tannery should be willing to use the recycling method if it is compensated with at least $700 per week.

Grace period is a period of time before the credit card company starts charging late fees.truefalse

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.

Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.