Answer:
total expected bonus = $1262800
Explanation:
given data
bonus = $23,000
Probability = 12 percent
bonus = $10,000
Probability = 25 percent
bonus = $6,000
Probability = 8 percent
total sales = 220
solution
first we get probability for bonus amount = $0
probability = 1 - ( 12% + 25% + 8 % )
probability = 0.55
so here Expected bonus per employee company will pay is
Expected bonus = $23000 × (0.12) + $10000 × (0.25) + $6000 × (0.08) + $0 (0.55)
Expected bonus = $5740
so total expected bonus is
total expected bonus = $5740 × 220
total expected bonus = $1262800
Jerry will find the point of equilibrium. This is the point where marginal cost equals marginal revenue. This is the point that is Jerry produces anymore, it will start to cost him more than he makes. Thus, Jerry will stop providing new service at this point.
Answer:
Equilibrium price= $3
Equilibrium quantity= 500 tons
Explanation:
At equilibrium, quantity demanded is equal to quantity supplied.
It was give that Income= $50,000
So Qd= 300- 100p +0.01(50,000)
Qd= 300- 100p + 500= 800- 100p
Also Cost is given as $5
So Qs= 200+ 150p- 30(5)
Qs= 200+150p- 150= 50+ 150p
At equilibrium Qd= Qs
800-100p= 50+ 150p
Rearranging you get
800-50= 100p+ 150p
750= 250p
750/250= p
$3= p
This is the equilibrium price, subsititute p in equation Qd= 800- 100p
Qd= 800- 100(3)
Qd= 800- 300= 500 tons
So 500 is the equilibrium quantity
Out-of-network ATM fee would end up costing you extra money assuming you have a TCF free student checking account.
<h3>What are ATMs and what do they do?</h3>
Automated teller machines (ATMs) are online financial services that let customers do transactions without visiting a bank location. While some ATMs are just straightforward cash dispensers, others support a range of services like check deposits, balance transfers, and bill payments.
<h3>How Are ATMs Operated?</h3>
Most of the time, using an ATM involves inserting a debit card, ATM card, or credit card into one of the machine's slots. No matter where the ATM is, it electronically links to your bank account over the internet or a phone connection.
To know more about ATM visit:
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Answer:
Changes that would increase Susie’s limits the most without increasing her monthly premium by more than $5.00 is Option C: Increase coverage on bodily injury to $100/300,000 and on property damage to $50,000.
Explanation:
Lower coverage does not necessarily means lower premiums.
Premium is the amount of one makes to keep his insurance policy active. Lower coverage would mean lower premium but that means there would be a few restrictions on the insurance policy while covering that policy.
Full coverage policies of the vehicle not only covers the liabilities but also the damage that occurs to the car.
If Susie increases the 'coverage' on the injury of the body to '$100/300,000' and on property damage to '$50,000', then her monthly premium would not increase from more than $5.00.