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Sergeu [11.5K]
4 years ago
12

An active worker receives $500 every two weeks. This kind of monetary reward for work is called ______.

Business
1 answer:
dezoksy [38]4 years ago
4 0
The correct answer for the question that is being presented above is this one: "Salary." An active worker receives $500 every two weeks. This kind of monetary reward for work is called salary. Salary is the amount of money that you get after a certain kind of labor is done.
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I think it’s E if not then it’s C
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3 years ago
The production possibilities curve:
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Answer:

The correct answer is letter "B": is a frontier between all combinations of two goods that can be produced and those combinations that cannot be produced.

Explanation:

A variety of answers to the question: <em>"What is our optimum production capacity?"</em> solves the Production Possibility Frontier (PPF). Increased output requires job creation and the best efficient use of resources. This maximizes the labor force available and reduces the services that are not used.  

<em>Plotted in a graph, PPF reflects the possible combinations an organization has and how to optimize output as well as what combinations are not to be produced.</em>

7 0
3 years ago
In 2008, 1 in approximately every 200 cars in the United States was stolen. Beth owns a car worth $20,000 and is considering pur
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Answer:

A) The amount of the premium in fair insurance policy that replaces Beths car, must be equal to the probability or expectation of claim of car theft.

Therefore, the Premium amount = 20000 x (1/200)

= 20000 (0.005)

= $100

B) If an Insurance company charges 0.6% for replacing a stolen car, then the policy will cost beth:

20000* 0.6%

= 12,000/100

= $ 120  

C) To be risk-neutral means to be indifferent to the risk. This means that Beth would be indifferent. She most likely will be focused on maximizing value for money. In other words, she will NOT pay for the insurance policy in part b because part A provides her with the exact (or fair) premium for her insurance.

D) The moral hazard problem is this, people tend to become more careless with an insurance policy in place. This moral hazard arises form the knowledge that there is an insurance policy that caters to their risks.

As a matter of practice, therefore, insurance companies factor this increased risk into their premiums. Where the premium was supposed to be $100, they may charge $120.

In summary, it means that Beth most likely will move from becoming risk neutral to becoming (to a certain degree) more risk loving.

Cheers!

3 0
3 years ago
In the scor model, purchasing is represented by
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A leverage by is one where there is.

8 0
3 years ago
The LIFO cost flow assumption results in the most (distant/recent) costs being transferred to cost of goods sold. In times of ri
asambeis [7]

Answer:

  • RECENT
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Explanation:

Last-in, first-out (LIFO) means that the most recent costs are going to be used to determine the cost of goods sold. The LIFO method is very useful when the prices of your inputs or merchandise are continuously rising, for example if inflation rate increased. LIFO method is better for determining replacement costs when prices are increasing.

5 0
4 years ago
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