meet customers to determine their risk profiles
and recommend different types of insurance
to mitigate those risks>insurance sales agent
help individuals and families manage and grow
their money>personal finance manager
help clients buy, sell, and rent properties>real estate broker
manage their clients’ taxes>tax accountant
Answer:
The percentage change in the average number of units in the process is 125%.
Explanation:
Based on Little's law;
Average inventory = average flow rate * average flow time
Let inventory = I, average flow rate = R and average flow time = T
Thus, I = R*T = RT
Now, Average flow rate and average flow time are increased by 50%
R' = R + 0.5R = 1.5R
T = T + 0.5T = 1.5T
So, inventory, I' = 1.5R*1.5T=2.25RT
Hence, the percentage change in the average number of inventory units in the process.
% change = I' - I = 2.25RT - RT= 1.25RT or 125%
Thus correct answer = 125%
To know which is more effective, let's just put a fictional number of 100 purchase to test it.
Option A: $2 per person, 60% purchase
Option B: $0.1 per person, 2% purchase
For Option A, cost would be $200 and ended up in 60 purchases
For option B, cost would be $10 and ended up in 2 purchases (if the cost is lifted into $ 200, the purchases is 2 x10 = 20)
Which means option A is more effective.
Answer:
B) As we increase the fraction invested in the efficient portfolio, we increase our risk premium but not our risk proportionately.
Explanation:
In this case we increase our risk also proportionaly same as risk premium. There is a trade-off when we face this decisions about portfolios.
Answer: Cost-push inflation is caused by an increase in the prices of the underlying inputs of production.
