Answer: Term Policy
Explanation:
Term policy life insurance policy will fit his needs best. Thus, the correct option is A.
What is insurance?Insurance is a contract between an individual or organization (the policyholder) and an insurance company (the insurer) that provides financial protection against certain types of risks or losses.
The policyholder pays premiums to the insurer, and in exchange, the insurer agrees to pay out benefits or compensation in the event of covered losses or damages.
Insurance works on the principle of risk pooling, which means that the premiums paid by all policyholders are pooled together to cover the losses of the few who experience them.
This allows individuals and organizations to transfer the financial risks of certain events to the insurer, which helps to mitigate the impact of those events on their finances.
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The demand curve for product X is given by QXd = 300 - 2PX.
a. Find the inverse demand curve. Instruction: Enter all values as integers, or if needed, a decimal rounded to one decimal place. PX = - QXd
b. How much consumer surplus do consumers receive when Px = $45?
c. How much consumer surplus do consumers receive when Px = $30?
d. In general, what happens to the level of consumer surplus as the price of a good falls? The level of consumer surplus as the price of a good falls.
Answer:
a) QXd = 300 - 2PX.
Inverse demand curve (PX = - QXd) => 2PX = 300 - QXd => 2PX/2 = 300/2 - QXd/2 ) => PX = 150 - QXd/2
b) In calculating consumer surplus, knowing maximum willingness to pay (WTP) is first (Price when Quantity demanded is 0)
PX = 150 - QXd/2
At Q = 0, P = 150
At Px = $45,
QXd = 300 - 2*45
QXd = 300 - 90
QXd = 210
Consumer surplus is the area of the triangle whose base = Quantity demanded and height is the difference between price and WTP
CS = 1/2 * 210 * (150 - 45)
CS = 22050/2
CS = 11025
c) At Px = $30
QXd = 300 - 2*30
QXd = 300 - 60
QXd = 240
CS = 1/2 * 240 * (150 - 30)
CS = 1/2 * 240 * 120
CS = 28800/2
CS = 14400
d. As the price of a good falls, Consumer surplus increases because of increase in distance between WTP and price.
Exercises: Decide for the following if they are Economic resource
A Undiscovered gold in remote area.
B. Fertile agricultural land in Port Moresby.
Explain why for A and B
Answer:
B
Explanation:
Fertile agricultural land can be farmed or sold, either way providing economic resources
Which rotation maps point K(8, –6) to K’(–6, –8)?
180° counterclockwise rotation
90° clockwise rotation
90° counterclockwise rotation
180° clockwise rotation
Answer:
a.
Explanation:
Answer:
B
Explanation:
The answer is B: 90* Clockwise rotation.
(02.01 MC)
HELP ASAP!!! Maxine notices her favorite brand of running shoes are on sale for 50% off retail price. Though she is on a strict budget, she decides to purchase two pair. Maxine's decision was most influenced by
her preference for another brand
the fact that her income is limited
the price of a competing brand of shoes
the sale price of the running shoes
Answer: D) the sale price of the running shoes
Explanation: Im him
Select all that apply.
Which of the following would be considered full-time work?
hours
33 hours
9 G 8C it
45 hours
51 hours
Charlize is monitoring market indicators in a particular area for her client who wants to buy an oceanfront home. Which market indicator will tell her how much prices have fluctuated in the area over the past two years?
Answer:
Price levels
Explanation:
Price level is an indicator that is obtained by getting the average price of goods that are produced within an economy or an industry.
When prices rise it indicates that demand for a good is on the rise and eventually an inflation may result. When price falls demand has reduced and deflation may result.
In the given scenario price level is the best indicator to show how prices of properties in the area have fluctuated.
It will also give insight into how good a property purchase will be.
What can affect whether banks or other financial insututions are
interested in offering an individual a loan?
A. Financial knowledge
B. Personal credit
C. Financial experience
D. Business credit
Answer:
B. Personal credit if it is a personal loan
D. If the individual applies to start a business
Explanation:
Typically Financial institutions extend loans based on "credit worthiness" (or credit score) of the individual and can be extended based on whether the individual has an asset to secure the loan. Lack of an asset can have a negative result (dependent upon the amount requested) if the loan request is for a large amount of money.
6. Describe what a Bond is and how it works.
WE WERE TRYING TO BE NORMAL AND THEN THE CREEP SHOWS UP
Answer:
✨I'm dead-✨
Explanation:
ℐ ℯ ℊℴℯ ... -LilDemon66
With Wi-Fi, _____________ are used to transport the Internet signal between the computer and a router.
Answer:
A computer's wireless adapter translates data into a radio signal and transmits it using an antenna.
Explanation:
Answer:
Radio waves
Explanation:
What is a benefit of getting college credit in high school?
A) Graduating early
B) Spending more time on homework
C) Showing friends how smart I am
D) Spending too much money on tuition
Understanding opportunity cost
Opportunity cost is what must be ____ in order to ____ something else.
Opportunity cost forces consumers and producers to make ___
Answer:
Opportunity cost is what must be
✔ given up
in order to
✔ gain
something else.
Opportunity cost forces consumers and producers to make
✔ choices
.
Explanation:
Which of these images is most likely to portray nonverbal communication?
please help asap!!
The second image is most likely to portray non-verbal communication. Hence, option B is correct.
What is non-verbal communication?Nonverbal communication describes the methods by which people communicate their feelings, needs, intentions, attitudes, and thoughts without using words.
Body Language Human connection often involves nonverbal communication. For instance, a person's attitude and thoughts can be conveyed to others through tone, facial expressions, and gestures, and actions are frequently much more powerful than words.
Thus, option B is correct.
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What is the purpose of international trade and how does it help the countries involved in it?
Answer:
the trade without border is
international trade.it purposes to share goods ,ideas,resources, etc.
it helps country in the time of need.
Answer:
Global trade makes it possible for people living in one country to use products from another country, allowing them to benefit from products that are not domestically produced. If a country is endowed with abundant labor or favorable climatic conditions, it has an advantage over the nations that do not have them. It makes economic sense to produce and export goods that other countries cannot produce as cheaply. This way, the exporters can increase sales with foreign commerce and strengthen their country’s economy, while earning profits at the individual level. It also helps strengthen the foreign currency reserves of the country.
International trade is a key driver in regulating foreign currency rates. Global trade helps balance a country’s cyclical pattern of trade deficit and surplus. When a country’s currency is strong, its imports tend to exceed its exports, thus creating a trade deficit for the importer. This situation leads to the exporter country’s currency strengthening and the importer’s currency eventually weakening. Over time, a role reversal happens with exports overtaking imports, thus strengthening the exporter’s currency and creating a trade surplus for the importer. Many other factors influence this cycle too, for example, product cost inflation and interest rates. Global trade removes boundaries and makes the whole world into a single marketplace, and that can work to the benefit of all the participating partners.
Explanation:
PLATO answer!
What are 2 pros and 2 cons of working minimum wage
Plz help
Answer:
They raise prices or reduce the number of hours worked. Worker morale, productivity, and consumer spending all increase. But the pros only outweigh the cons if the minimum wage isn't too high. Wages cannot be so high that they reduce a company's ability to keep labor costs low during a recession.
Explanation:
Daube Company's operations for the month of July are summarized as follows: Provided $8,600 of services on account. Received $3,800 cash from customers for services provided in July. Received $1,100 cash for services to be provided in August. Received $5,100 cash from customers on account for services provided in June. Paid June’s warehouse rental bill on account in the amount of $1,200. Received July’s warehouse rental bill of $1,300; set it aside to be recorded at a later date. Required: Determine the net income for July using the cash basis of accounting. Determine the net income for July using the accrual basis of accounting.
Answer: See explanation
Explanation:
a. Determine the net income for July using the cash basis of accounting.
Revenue = $3800 + $1100 + $5100 = $10000
Less: Expense = $1200
Net Income = $10000 - $1200 = $8800
b. Determine the net income for July using the accrual basis of accounting.
Revenue = $8600 + $3800 = $12400
Less: Expense = $1300
Net income = $12400 - $1300 = $11100
Corporate executives often object to the use of open-source software because it lacks formal technical support, even though information and solutions regarding the software are usually readily available online.
A. True
B. False
Answer:
A. True
Explanation:
When the open source software used by the corporate executives so it would be lead to the lacking of technical support i.e. formal also the information and its solutions would be available online
So the given statement is true as the open source software deals with the source code that should be released in a license where the copyright holder would granted the users to have the right to use the same
Pete, a broker, advised Ollie to invest in Rocky Road Inc. When the share price of Rocky’s stock decreases, Ollie accuses Peter of fraud, claiming reliance on Pete’s advice. The reliance that gives rise to liability for fraud requires ____.
Answer:
Misrepresentation of a fact knowing it is false.
Explanation:
Fraud is defined as an intentional act of deception by an individual to unlawfully gain the property of another person.
For fraud to be committed facts must be misrepresented intentionally with the aim of deception.
In the given scenario Pete advised Ollie to invest in Rocky Road Inc. and the share price of Rocky’s stock decreases, Ollie accuses Peter of fraud.
If Ollie can show that Pete knew the price of the shares would fall, he can now accuse him of fraud.
Suppose that the demand elasticity for cigarettes is equal to 2.0. If the demand elasticity for Camel cigarettes is equal to 6.0, must there be at least some cigarette brands with a demand elasticity less than 2.0. Explain.
Answer:
Let understand what elastic and inelastic demand is:
- If the small change in price causes heavy change in the quantity demanded then the demand is said to be elastic.
- Opposite to it is inelastic where even there is a very high change in the price but there is not so much effect on the quantity demanded.
Here, Camel cigarettes has a price elasticity of demand which is equal to 6 which means if the price suddenly increased, the quantity demanded will decrease. If any cigarette is having price elasticity of demand less than 2, it means it has less elasticity or if price increases very much then quantity demanded will not be affected so much.
Name two global exchange services
Answer:
Western Union: western union has global presence and specializes in the delivery of transfer payments. Many people who lived in developing countries use Western Union to obtain the transfer payments that they are sent from relatives living in developed countries.
PayPal: PayPal works like Western Union but for online payments. It is the most commonly used platform for online payment in the world, has a global services, and provides an easy solution for people living in countries with capital controls for example, and who need to receive payments from abroad that originally come in foreign currency.
Answer:
wsp
Explanation:
wsp
Using _____ information will help you determine whether an industry is expected to increase employment.
career outlook
average wage
career description
employer benefit
which method is approved by income tax authorities for charging depreciation
Answer:
The straight-line method
Explanation:
The simplest and most commonly used way to calculate depreciation under generally accepted accounting principles.
What reasons might people have to go into debt? Give two examples.
HRGGGGGHH
Answer:
There are several reasons we accumulate debt, like paying for unforeseen emergencies or unemployment.
what is true about taxes?
a. most citizens want to pay the highest amount possible?
b. Taxes benefit the government, but they do not benefit the citizens.
c. Traces benefit the citizens, but they do not benefit the government.
d. The tax money comes out of the citizens income and overall wealth
Answer: D) the tax money comes out of the citizen’s earned income and overall wealth.
Explanation:
Just took the test.
Which method of backing up digital photographs involves physical storage of files?
A: online backup
B: fireproof safe
C: internal hard drive
D: external hard drive
Answer:
D, external hard drive :)
Explanation:
Hope this helps :D
In this, external hard drive method of backing up digital photographs involves physical storage of files. The correct option is (D).
What do you mean by the external hard drive?An external hard drive is a gadget that you plug into a computer port as opposed to an internal disc, which is securely tucked away inside your computer. You can keep your files in greater storage with an external hard drive.
A computer's outside is connected to an external hard disc. Computer backups and data transmission between PCs are both facilitated by external hard drives.
You can unplug an external hard disc from your computer. Depending on their size, they can be used to backup individual files or an entire computer.
Therefore, in this, external hard drive method of backing up digital photographs involves physical storage of files.
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Pete and Shirley are filing a joint return. They have two dependent children. What is the total amount of their exemptions for tax year 2019?
Answer: $16,800
Explanation:
As regards them having two children, their individual taxes is $8,400 for a year. The total amount of their exemptions for tax of 2019 is $16,800
Is the following scenario a partnership? Agreeing to operate an online store to sell gidgits with two people who contributed the
necessary investment capital.
Ο Νο
OYes
Answer:
Yes
Explanation:
The partnership is an agreement made between two or more people in order to share the profit and losses in their profit sharing ratio
Since in the question it is mentioned that the online store is to be opened between two people who wants to contribute the required investment capital
So this situation represent the partnership
what is cooperative skill
What is The movement of the economy from
one condition to another ohd bach again?
Answer:
Business Cycles is the right answer
Explanation:
85 percent of CNN's airtime is opinion based.
True
False
Answer:
the show is mostly opinion based and used off there own thoghts
Which statement best describes the current price for the good shown in this
Answer:
The Current price will result in a low supply for the good.
Explanation: