It should be comparative advantage or D.
Hope this helps :p
Answer:
cancer insurance policy
Explanation:
Based on the information provided within the question it can be said that the type of insurance policy that the salesman tried to sell was a cancer insurance policy. This is a type of policy that is meant to manage the risks that are related the any cancer disease, and helps lower the costs associated with the treatments needed for treating this disease. Unfortunately these types of policies have an extremely low value which is why Joan declined.
Answer:
Cost of machine = $73,897.99
Explanation:
The cost of machine to Swifty Corporation the present value pf the ordinary annuity payment of $20,500 per year discounted at the interest rate of 12%.
Note that the annuity is an ordinary annuity because annual payment is made at the end of the year.
Present value of ordinary annuity= annuity factor× annual payment
Present value of ordinary annuity = 20,500× 3.60478= $73,897.99
Cost of machine = $73,897.99
Answer:
c. interpersonal skills
Explanation:
Interpersonal skills are the skills we use every day when we communicate and interact with other people, both individually and in groups. They include a wide range of skills, but particularly communication skills such as listening and effective speaking, active listening, team work, Motivation, Flexibility and dependability
Answer:
B) People face trade-offs
Explanation:
A trade-off happens when you have to balance two (or three in this case) opposing situations. In economics all resources are scarce, and time is the only resource that everyone shares equally. Bob is facing opportunity costs, i.e. if he chooses to train one activity he cannot train the other.
Bob has to decide how to divide the time he can spend training. If he chooses running, he can´t swim or ride a bike. So he has to balance the time spent on each activity, probably depending on which sport he needs to train the most.