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Mekhanik [1.2K]
3 years ago
14

The person who receives financial protection from a life insurance plan is called a

Business
1 answer:
s2008m [1.1K]3 years ago
6 0
The person who receives financial protection from a life insurance plan is called a beneficiary. I hope that I helped, Have a wonderful day!

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An attendant at a car wash is paid according to the number of cars that pass through. Suppose the probabilities are 1/12, 1/12,
Paladinen [302]

Answer: The attendant’s expected earn- ings for the period between 4:00 P.M and 5:00 P.M is <u>$12,67.</u>

Explanation: <u>The discrete random variable X</u> represent attendant’s earnings.

The expected value of the discrete random variable X is

<h2>= E (x) = ∑× f(x)</h2><h2>= 7 × 1/12 + 9 × 1/12 + 11 × 1/4 + 13 × 1/4 + 15 × 1/6 + 17 × 1/6 = <u>12,67.</u></h2><h2><u /></h2>
5 0
3 years ago
You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products
levacccp [35]

Answer:Please refer to Explanation

Explanation:

Cross Price Elasticity of Demand is a very useful tool in Economics to ascertain if goods are compliments or Substitutes.

Cross Price Elasticity of Demand (CPSD) measures the change in demand in one good due to a change in price is the other good.

If the CPSD is negative then the goods are Compliments meaning that they are used together which is why when the price of one good goes down, the demand of the compliment goes up because more of the original good will be bought due to the lower price.

If the CPSD is Positive, it means that they are Substitutes and a Decrease in price in one good leads to a decrease in demand for the other good because people will demand less of it and switch to the former (now cheaper) good.

The formula is,

=  % change in Quantity Demanded of Product A /% change in Price of Product B

a. Splishy splashies and Flopsicles

CPSD = -18%/-1%

= 18%

The CPSD for both these products is 18% which is a positive figure. This means that they are Substitutes and <u>should not be marketed together. </u>

b. Splishy Splashies and Flopsicles

CPSD = 3%/-1%

= -3%

With the CPSD being a negative figure here, these goods are Compliments.

Splishy Splashies and Flopsicles <u>should be Marketed together</u> as they compliment each other.

5 0
3 years ago
Cost of direct materials used in production for a manufacturing company
Taya2010 [7]

Answer:

hush puppies and u a who dis yah

7 0
3 years ago
Tyrion is compensated by his company under a straight commission plan. He receives 10 percent of the total sales revenue per wee
larisa [96]

Answer:

Salesperson compensation

Explanation:

According to straight commission plan the sales person is paid compensation on the basis of a fixed percentage of the total sales volume rather than paying a fixed salary.

This method encourages the sales persons to work efficiently towards increasing the sales in return for a compensation or commission.

In this particular case Tyron will receive 10% of $ 6,000 that is $ 600 as a commission for making these sales of $ 6,000.

8 0
3 years ago
How to calculate the probablility that 2 or more people in a group have the same birthday?
Helen [10]
Check this link it should be a great help http://mathforum.org/dr.math/faq/faq.birthdayprob.html
8 0
3 years ago
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