1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stich3 [128]
2 years ago
6

What is the difference between renters insurance for the ""full replacement cost"" vs renters insurance for the ""cash value"" o

f your items?.
Business
1 answer:
Rainbow [258]2 years ago
4 0

The difference between the "full replacement cost" and the "cash value" renters insurance is one involves full replacement cost and the other depreciated value.

<h3>What is renters insurance?</h3>

Renter's insurance is the property insurance that covers the (renter's) policyholder's personal belongings, liability, and some living expenses in case of a loss event.

With replacement cost renters insurance, the policyholder has sufficient funds to replace all insured belongings and other losses.

With cash value renters insurance, the policyholder can only recover the depreciated value of their assets.

Thus, the difference between the "full replacement cost" and the "cash value" renters insurance is one involves full replacement cost and the other depreciated value.

Learn more about renters insurance at brainly.com/question/1973043

#SPJ1

You might be interested in
Cardiogenic shock following ami is caused by:
stellarik [79]

Cardiogenic shock following ami is caused by:

  • Decreased pumping force of the heart muscle.

<h3>What is Cardiogenic Shock?</h3>

Cardiogenic shock is an aftermath of Acute Myocardial Infarction. It arises because of the body's sudden inability to pump a sufficient amount of blood to the vital organs of the body.

The mortality rate due to cardiogenic shock is above average.

Learn more about cardiogenic shock here:

brainly.com/question/23788456

#SPJ12

3 0
2 years ago
Varto Company has 12,600 units of its sole product in inventory that it produced last year at a cost of $31 each. This year’s mo
grandymaker [24]

Answer:

It is more profitable to sell the units as-is.

Explanation:

Giving the following information:

Number of units= 12,600

Varto has two alternatives for these items:

(1) they can be sold to a wholesaler for $13 each

(2) they can be processed further for $272,300 and then sold for $34 each.

The first cost of $31 is a sunk cost, it will remain no matter which option is chosen. We will not take it into account for the decision making process.

Option 1:

Effect on income= 12,600*13= $163,800

Option 2:

Effect on income= 12,600*34 - 272,300= $156,100

It is more profitable to sell the units as-is.

7 0
2 years ago
Economic agents who generate externality are distinct from those who experience them.
Vsevolod [243]

Answer:

The statement is: True.

Explanation:

Externalities are described as the effect of the actions of one party that influence directly in other individuals even if those other individuals have nothing to do in the operations of the first party. Externalities can be positive when they benefit the uninvolved individuals or negative when the externality affects them.

There are several types of externalities such as <em>technological, pecuniary, symmetric, asymmetric, transferable, depletable, non-depletable </em>and <em>transnational.  </em>

Asymmetric externalities are those where the party causing the externality is not affected by its actions. It opposes symetric externalities which are those where the economic agent is directly affected by its own actions.

6 0
3 years ago
Read 2 more answers
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches
Marina86 [1]

Answer:

Setup time = 2.5 min. per order

Process capacity = 1.09 units/minute

Utilization = 7.5 minutes

Explanation:

The time to cook just one order = 3 minutes

Cooking two orders in a batch = 3.5 minutes

cooking three orders = 4 minutes

bagging and accepting payments = 0.80 minutes

a) Setup time:

Setup time = 3 - 0.5

= 2.5 min. per order

b) Process capacity:

Production = Setup time + ( Processing time * Batch size )

= 2.5 + (0.5 * 6)

= 5.5 minutes

Process capacity = Batch size / Production

= 6 / 5.5

= 1.09 units/minute

c) Utilization:

Batch size = 10

Production = Setup time + (Processing time * Batch size)

= 2.5 + (0.5 * 10)

= 7.5 minutes

5 0
3 years ago
If,at the current level of output, a firm's average cost is greater than its marginal cost, then:
nata0808 [166]

e)average fixed cost must be constant

6 0
3 years ago
Other questions:
  • Jamir's new job is 25 miles away from his home. What is the most important thing he needs to consider before agrees to a lease?
    8·2 answers
  • Prior to closing, a final walkthrough of the property should be performed to ensure that everything has remained as stated in th
    14·1 answer
  • an economy where more money is being collected than is being allocated or spent is known as what type of economic stance
    15·2 answers
  • Which shift in the demand curve most likely to describe a company in a monopolistically competitive market that begins to spend
    11·1 answer
  • On September 18, 2019, Gerald received land and a building from Frank as a gift. No gift tax was paid on the transfer. Frank’s r
    11·1 answer
  • When identifying a problem, leaders actively seek to identify its _______________, not merely the symptoms on the surface as sym
    14·1 answer
  • When the price of a good rises, consumers tend to purchase less of it and buy a relatively less expensive good. This behavior cr
    13·1 answer
  • A couple of generations ago, a relative of Sophia wanted to share his wealth with family members and decided to open a special b
    15·1 answer
  • Webster Corporation is preparing a master budget for the first quarter. The company budgets production of 2,960 units in January
    12·1 answer
  • g Lawson Manufacturing Company has the following account balances at year end: Office supplies $ 4,000 Raw materials 27,000 Work
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!