I believe that the answer that would best complete the given statement above is the term MOBILE transaction. <span>The ability to conduct financial transactions through a smartphone is known as mobile or online transaction. Hope this is the answer that you are looking for. </span>
Answer: While the EMV is negative, the utility gained from purchasing the insurance is positive, and high.
Explanation:
The options to the question are:
A) He believes that the actual likelihood of his death occurring in the next twelve months is really much greater than the actuarial estimate.
B) While the EMV is negative, the utility gained from purchasing the insurance is positive, and high.
C) Mr. Weed is not rational.
D) A or C
E) None of the above
From the question, we are informed that Robert Weed is considering purchasing life insurance and that he must pay a $180 premium for a $100,000 life insurance policy.
His beneficiary will get $100,000 if he dies and get nothing of he doesn't die. Even though there's a 0.001chanve of him dying, he eventually bought the insurance.
The reason for him buying the insurance is because EMV he realized that the utility that he will derive from buying the insurance is positive, and high. He believed that paying $180 for a chance to get $100,000 was worth the risk even if he had a slim chance of dying.
Explanation:
Mass media is considered the reporting and exchange of more general knowledge. It suggests that the same material is being disseminated, without modifications or adjustments, to the people or customers at a time and reaching other people or customers. The samte letter here is only to be sent to an overwhelming number of customers.
Several illustrations are available; books such as THE ALCHEMIST, 7 HABITS OF HIGHLY EFFECTIVE PEOPLE, MY FAITH, ART of WAR, RICH DAD & POOR DAD, etc., and many other books that were sold more than one million copies of their introduction in the market. It is the subject or information that has been published or offered in the books, and many people still have read the books.
In the past, books may be available in limited form, but many of the books can now be purchased in many places. And now, more e-books than physical copies are becoming popular. It requires fewer production costs and is even open to consumers at reasonable prices. We needn't be shipped and stored at various locations. It can be stored in our mobile or system and we can do so whenever we want to read or site.
Answer:
b technological progress shifting the demand for horses to the left
Explanation:
The development of automobiles and other machinery reduced the demand for their use.