Business, 16.10.2019 06:00 romerok568

The city of new orleans has 200 advertising companies, 199 of which employ designers of normal ability at a salary of $80,000 a year. the firms that employ designers of normal ability each collect $500,000 in revenue a year, which is just enough to ensure that each earns exactly a normal profit. however, the 200th company employs janus jacobs, an unusually talented designer. because of jacobs's talent, this company collects $1,500,000 in revenue a year. how much will jacob earn?

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