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elena-s [515]
3 years ago
13

How does a deductible affect insurance?

Business
1 answer:
Alex73 [517]3 years ago
6 0

The deductible is the amount a person must pay before their insurance will start to pay. For instance, say you have a $1,000 deductible on your car and you have a wreck that causes $3,000 worth of damage. the driver would have to pay the $1,000 first and then the insurance will help cover the other $2,000 at the rate the policy stipulates.

As for pricing, the insurance policies with higher deductibles (meaning the subscriber pays more for losses), the insurance premium would be cheaper than those policies with a smaller deductible.

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BLW Corporation is considering the terms to be set on the options it plans to issue to its executives. Which of the following ac
barxatty [35]

Answer:

Option A

Explanation:

Exercise price is the base price at which a share can be sold and is called the strike price of an option, increase in exercise price would reduce its market value because the value is the difference between it exercise price and market price.

3 0
4 years ago
Due to the high demand for its handmade soaps in Canada,Fragrance Exotica,an Indian Soap manufacturer,has decided to open a new
Iteru [2.4K]

Answer:

Option C Customer demands

Explanation:

Customer demand is the desire of customer to have the product. Customer demand is also sometimes referred to as Product demand, though the customer demand is the features that the customer desires in the product and product demand is the demand of the product in the market. But one thing is common which is demand of the feature of the product. Now keep it simple, if their is a customer demand then there is business and if their is no customer demand their no business. Businesses collapse because there is no sales or in other words there is no demand of the product in the market and as a result the product sales is below no profit and no loss position. So the correct option is option C.

3 0
4 years ago
Are firms like homebuilders that sell products whose demand depends partly on demographic factors likely to be more or less affe
tekilochka [14]

Answer:

Yes. Firms that sell products that depend partly on demographic factors are more likely to be affected by business cycle.

Explanation:

Businesses whose demand depend partly in demographic factors (population based on race, sex, age, etc) such as homebuilders are affected by business cycles/seasons.

Demand for new houses can depend on some business seasons. A family that wants to move to a new location will consider age of the kids, parents before moving to a volatile neighborhood. Older people tend to prefer quieter areas, while younger people may prefer a more lively place to meet new friends.

Members of a race might want a new house because the vicinity is within a community of people of same race or social disposition.

6 0
4 years ago
If the government for the state of Washington collects $65.8 billion in tax revenues in 2013 and total spending in the same year
MatroZZZ [7]

Answer:

D a budget deficit.

Explanation:

A budget deficit is when government spending exceeds income from taxes.

The State of Washington spent a total of $74.8 billion and had a total income of $65.8 billion. Spending exceeds income from taxes by $9 billion. The State of Washington has a budget deficit.

A budget surplus is when income from taxes exceeds government spending.

I hope my answer helps you.

8 0
3 years ago
What is an example of an interest leading to a career choice?
d1i1m1o1n [39]
A . an interest in animals leads to a career in marketing
8 0
3 years ago
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