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2 years ago

In an insurance contract, the person buying the insurance is called the

2 answers:

6 0

True explanation: one you have bought insurance you are insured to a house life plan etc, they company you bought the insurance from is the insurer because they are giving you the insurance

Natalka [10]2 years ago

6 0

This is A: true because when you buy the insurance you’re the insured and the person giving the insurance is the insurer

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Abe owns a dog; the dog's barking annoys Abe's neighbor, Jenny. Suppose that the benefit of owning the dog is worth $200 to Abe

umka2103 [35]

Answer:

Jenny pays Abe $300 to give the dog to his parents who live on an isolated farm

Explanation:

The answer is already stated within the question, but I'll provide the explanation.

In order to reach a solution, Jenny would have to offer Abe an amount to get rid of the dog that is more than Abe's benefit of owning the dog, which is $200.

On the other hand, since Jenny bears a cost of $400 from the bark, she would only be willing to spend as much as $400 to resolve the situation. Therefore, the acceptable range for the amount of the agreement for both parts is:

$200 < X < $400.

Since $300 is within that range. Jenny paying Abe $300 to give the dog to his parents is a possible solution.

6 0

3 years ago

Read 2 more answers

Crandle Corp. applies manufacturing overhead costs to products at a budgeted indirectminuscost rate of $ 100 per direct manufact

katen-ka-za [31]

Answer:

total product costs = $101750

Explanation:

given data

overhead costs = $ 100

Direct materials of $41,000

direct manufacturing labor = 450

per hour = $35

markup rate = 30 %

solution

we get here total product costs that is express as

total product costs = Direct materials + DML + MOH ..........1

total product costs = $41,000 + ( 450 × $35 ) + ( 450 × $100 )

total product costs = $41,000 + $15750 + $45000

total product costs = $101750

4 0

3 years ago

The standard number of hours that should have been worked for the output attained is 6,000 direct labor hours and the actual num

LenKa [72]

Answer:

Actual Rate= $9.5 per hour

Explanation:

Giving the following information:

Actual number of hours= 6,300

Direct labor price variance= $3,150 unfavorable

Standard rate= $9 per direct labor hour

<u>To calculate the actual rate, we need to use the direct labor rate (price) variance formula:</u>

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

-3,150 = (9 - Actual Rate)*6,300

-3,150 = 56,700 - 6,300Actual Rate

-59,850 = -6,300Actual Rate

-59,850/-6,300 = Actual Rate

$9.5 = Actual Rate

4 0

3 years ago

When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies instead. This situat

xenn [34]

Answer:

substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.

Explanation: Google

7 0

3 years ago

Read 2 more answers

Because it focuses on processes that transform data into useful information, structured analysis is called a(n) ____ technique.

lord [1]

<span>Because it focuses on processes that transform data into useful information, structured analysis is called a Process centered technique
Process centered technique is a designing methodology that being done by company to determine the best possible User Interface to be provided for the customers</span>

3 0

3 years ago