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3 years ago

Which of the following is a problem that arises in a health insurance market?

Business

1 answer:

alexira [117]3 years ago

7 0

Answer: The correct answer is "A disproportionate number of high-risk individuals are attracted to buy insurance.".

Explanation: A disproportionate number of high-risk individuals are attracted to buy insurance is a problem that arises in a health insurance market. Due to the greater risk, many insurers choose not to allow these individuals to hire these policies, and those that do offer these products do so with a higher premium than others.

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Consider the following timeline detailing a stream of cash flows: The timeline starts at Date 0 and ends at Date 4. The cash fl

gizmo_the_mogwai [7]

Answer:

Present value= $20,227.45

Explanation:

Giving the following information:

On Date 1, the cash flow is 5,000 dollars. On Date 2, the cash flow is 6,000 dollars. On Date 3, the cash flow is 7,000 dollars. On Date 4, the cash flow is 8,000 dollars. The current market rate of interest is 10%.

We need to use the following formula:

PV= FV/(1+i)^n

Date 1= 5,000/1.10= 4,545.46

Date 2= 6,000/1.10^2= 4,958.68

Date 3= 7,000/1.10^3= 5,259.20

Date 4= 8,000/1.10^4= 5,464.11

Total= $20,227.45

6 0

3 years ago

Which is not true of a perfectly competitive market? a. At the long-run equilibrium, economic profit is less than accounting pro

shtirl [24]

Answer:

B is the correct option.

Explanation:

In theory, the perfect market is the structure in which all the firms sell identical products,They all are price takers, the market share doesn't influence the prices, firms can enter or exit the market without cost and resources are perfectly mobile. No markets are in the sphere of the perfect competition model. so they are classified as imperfect. The imperfect and perfect market is the outcome of post-classical economic thought of the Cambridge tradition.

5 0

2 years ago

The

zhenek [66]

Answer: operating budget

Explanation:

In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.

The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.

4 0

3 years ago

The Larson and Gobeli study that compared projects that had been managed in a variety of structural types revealed that new prod

11Alexandr11 [23.1K]

Answer:

The correct answer is letter "C": Project organization.

Explanation:

Gobeli, D. and Larson, E. published in the <em>Project Management Journal</em> (1987) the <em>Relative effectiveness of different project structures</em> after their study on how projects are organized and how that organization affects the results of the team. According to them, superlative effectiveness is accomplished in project organization structures.

6 0

3 years ago

Why are economic systems needed? Respond to the question below with a minimum of 5 sentences.

harina [27]

Answer:

Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most. There are five functions an economic system performs in producing goods and services for consumption.

6 0

3 years ago