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Ivahew [28]
3 years ago
10

When is liability insurance needed?​

Business
1 answer:
gtnhenbr [62]3 years ago
4 0

Answer:

When you cause an accident that damages another vehicle or hurts someone.

Explanation:

It Protects After an Injury.

After an injury accident has occurred on your company's premises, liability insurance can cover the cost of medical bills and other expenses incurred by the injured party. Without liability insurance, your company may be responsible for all of this and more.

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Answer:

Price elasticity of demand = 2.6

Explanation:

Given:

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Computation of Price elasticity of demand(e):

Midpoint method

e=\frac{\frac{Q1-Q0}{\frac{Q1+Q0}{2} } }{\frac{P1-P0}{\frac{P1+P0}{2} } }

By putting the value:

e=\frac{\frac{10,000-15,000}{\frac{10,000+15,000}{2} } }{\frac{60-70}{\frac{60+70}{2} } }\\e=\frac{\frac{-5,000}{\frac{25,000}{2} } }{\frac{-10}{\frac{130}{2} } }\\

e=\frac{\frac{-5,000}{12,500} }{\frac{-10}{65} }

e =  2.6

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Roth Service Co. experienced the following transactions for 2018, its first year of operations: Provided $82,000 of services on
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What is the difference between ordinal utility and cardinal​ utility? Ordinal utility refers to A. satisfaction when consumers a
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