Buck Columbus is thinking of starting a pinball palace near a large Midwestern university. Buck is an expected utility maximizer with a von Neuman-Morgenstern utility function, U(W) = 1 − (6,000/W), where W is his wealth. Buck’s total wealth is $24,000. With probability .2 the palace will be a failure and he’ll lose $18,000, so that his wealth will be just $6,000. With probability .8 it will succeed and his wealth will grow to $x. What is the smallest value of x that would be sufficient to make Buck want to invest in the pinball palace rather than have a wealth of $24,000 with certainty?

turnover

the amount of money taken by a business in a particular period.

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.

answer trochanter; i believe this is correct, plz check first, good luck;