1. Production in insurance refers to the policies they produce: * True or False?

One of the main responsibilities employers have under OSHA is to: A. Conduct energy audits B. Notify OSHA of any workplace injur

jeka94

<span>OSHA is responsible to help employers provide training that is required under OSHA's standards. The employers responsibilities include providing a workplace that is free from hazards and complies with the standards set by OSHA/</span>

6 0

2 years ago

Dan owns an autographed copy of a brittany spears cd that he values at $100. if he sells the cd at the garage sale he's planning

Delvig [45]

The complete question is as follows:

Dan owns an autographed copy of a Brittany Spears CD that he values at $100. If he sells the CD at the garage sale he’s planning to hold in a few weeks, it will be sold to a buyer with a reservation price of $175. If he sells it on eBay, it will be sold to a buyer with a reservation price of $500. eBay will charge Dan $50 to auction the CD, which just covers eBay’s opportunity cost of running the auction. Relative to selling the CD at his garage sale, auctioning the CD on eBay will lead:

A. to no change in total economic surplus.

B. total economic surplus to increase by $500.

C. total economic surplus to increase by $275.

D. total economic surplus to increase by $100.

Answer: C - Total economic surplus to increase by $275.

In this question, we only need to consider producers' surplus since we're considering the various options for Dan to sell his CD.

We calculate Producer's Surplus as follows:

$Producer's surplus = Market Selling Price - Economic Cost.$

Economic costs not only refers to explicit costs like cost of the CD, but also includes opportunity costs. Since we need to calculate producer's surplus when Dan sells on Ebay, we need to consider the following costs:

Value of the CD = $100

Ebay's opportunity cost that Dan will have to bear = $50

$Profit Dan would've received in garage sale = $75 ($175 - $100)$

Among the three expenses listed above, the profit Dan would've got in the garage sale is considered the <u>implicit cost or opportunity cost.</u>

Substituting the values we have in the equation above, we get,

$Producer's Surplus = 500 - (100+50+75)$

$Producer's Surplus = 275$

8 0

3 years ago

What detail best supports the topic sentence "Open office layouts increase collaboration"?

Lena [83]

B. When employees can see one another from their desks, they are 70% more likely to work together.

8 0

2 years ago

Make detailed Business execution plans with proper Roadmap on hospital collaboration.

MatroZZZ [7]

In order to make detailed business execution plans with an adequate hospital collaboration roadmap, it is necessary to organize and coordinate organizational resources in favor of growth and correct business flow.

<h3 /><h3>What is a business execution plan?</h3>

It corresponds to a transition model to replace products and services in the long term. The plan must contain the technical concept of the business, its functional prototype, all its specifications and a test version to correct some features before the final version is released.

For a business execution plan with a hospital collaboration roadmap, it is essential to identify site needs such as safety, meeting patient needs, and family involvement in hospital processes.

Therefore, a business execution plan for a hospital should contain strategies and tactics to improve processes for patients and professionals, increasing the quality and speed of service.

Find out more about business execution plan here:

brainly.com/question/24864915

#SPJ1

6 0

1 year ago

Consider the following probability distribution of returns estimated for a proposed project that involves a new ultrasound machi

jenyasd209 [6]

Answer:

a. Expected rate of return on the project = 10%

b. Project's standard deviation of returns = 10.95%

c. Project's coefficient of variation (CV) of returns = 1.10

d. The type of risk does the standard deviation and CV measure is referred to as the total risk of the project.

e. he risk is relevant when there is a need to assess the influence of the market and internal factors on the project.

Explanation:

Note: See the attached excel file for the calculations of Expected Rate of Return on the Project and Variance of Returns.

a. What is the expected rate of return on the project?

From the attached excel file, we have:

Expected rate of return on the project = Total of Expected Return Rate = 10%

b. What is the project's standard deviation of returns?

From the attached excel file, we have:

Project's variance of returns = Total of (P * D^2) = 1.20%

Therefore, we have:

Project's standard deviation of returns = Project's variance of returns^0.5 = 1.20%^0.5 = 10.95%

c. What is the project's coefficient of variation (CV) of returns?

Project's coefficient of variation (CV) of returns = Project's standard deviation of returns / Expected rate of return on the project = 10.95% / 10% = 1.10

d. What type of risk does the standard deviation and CV measure?

The type of risk does the standard deviation and CV measure is referred to as the total risk of the project.

Total risk is a metric that indicates all of the risks that come with accepting a project.

e. In what situation is this risk relevant?

The risk is relevant when there is a need to assess the influence of the market and internal factors on the project.

Download xlsx

5 0

2 years ago