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4 years ago

What happens if you don't pay your car insurance premium for your vehicle?

1 answer:

5 0

Well if you dont pay for it you will loose your insurance. Nothing would happen instantly but if you are pulled over on the road regardless of the reason (even if someone did something to you) you will be in a looot of trouble. Like a lot

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When the price of oranges increases from $4 to $6 per bag, the quantity demanded of oranges decreases from 800 bags to 700 bags.

Natali [406]

Answer:

0.25

Explanation:

$Percentage\ increase\ in\ price=\frac{6-4}{4}\times100$

= 50%

$Percentage\ Decrease\ in\ quantity\ demanded=\frac{800-700}{800}\times100$

= 12.5%

Therefore,

$price\ elasticity\ of\ demand=\frac{Percentage\ change\ in\ quantity\ demanded}{percentage\ change\ in\ price}$

$price\ elasticity\ of\ demand=\frac{12.5}{50}$

= 0.25

Hence, the price elasticity of demand over this price range is equal to 0.25

6 0

3 years ago

The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 40,000 shares were origina

kolezko [41]

Answer:

take 40,000 - 5,000 = 35,000

then take 35,000 x 3 = $ 105,000

Explanation:

5 0

3 years ago

The Crunchy Potato Chip Company sells chips in boxes with a net weight of 846 grams per box . Each box contains ten individual 3

Alinara [238K]

Answer:

0.8

Explanation:

Given:

Number of chips contained in each box = 10

Weight of each packet of chips = 3 ounce

Average weight per box = 853 grams

Upper specification limit of the weight = 846 + 12 grams = 858 grams

Lower specification limit of the weight = 846 - 12 grams = 834 grams

Standard deviation, σ = 5 grams

Now,

Capability index = $\frac{\textup{Upper limit - Lower limit}}{6\sigma}$

Capability index = $\frac{858 - 834}{6\times5}$

Capability index = 0.8

7 0

3 years ago

Meat Packers, Incorporated (MPI) preserves and packages various kinds of meats for transportation to grocery stores. To prepar

Free_Kalibri [48]

Answer:

Variable cost=$750,000

Fixed costs= $13,000

Explanation:

Giving the following information:

The firm must purchase $60 in raw meat and pay $50 in wages for labor and $40 in fuel costs. Also, the firm rents a factory for $10,000 per month and makes 3,000 in monthly payments on meat packaging equipment. Suppose the firm prepares and transports 5,000 packages of meat per month.

Variable cost= raw meat + wages + fuel= (60 + 50 + 40)*5,000= $750,000

Fixed costs= rent + packaging equipment= 13,000

7 0

4 years ago

Describe at least one global trend that you think offers a business opportunity in the global marketplace?

Amiraneli [1.4K]

Well something that is a global trend here is the advancements in technology. This is because it allows business to be done quicker and more efficiently by optimizing time and energy.

8 0

3 years ago

Read 2 more answers