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Sati [7]
2 years ago
15

Eleanor paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage

and $250,000 in liability coverage. Six years into her policy, a tree fell on Eleanor's home and caused $40,000 worth of damage. Eleanor's insurance company paid the claim. Did the cost of the benefit of transferring the risk to the insurance company outweigh the cost of the premium? (5 points)
Business
1 answer:
erastovalidia [21]2 years ago
3 0

Answer:

Yes, the benefit of transferring the risk to the insurance company did outweigh the cost of paying insurance premiums.

During six years Eleanor paid $2,000 per year in insurance premium, totaling $12,000. After the tree damaged Eleanor's house, the cost of the repairs was $40,000, which is much higher than $12,000.

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Which of the following describe what producers offer as they compete for more customers? higher prices better customer service m
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You are the Accounting Director for SpaceX based in New York. Your department is implementing new accounting software (called Fi
soldier1979 [14.2K]

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The change will impact all 300 locations. The letter should be written to entire staff of the SpaceX.

Explanation:

To: All Staff SpaceX Team

Subject: Change over details (First Launch)

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8 0
2 years ago
Selena seeks a job as a biology technician. In addition to having the educational requirements, she believes her greatest streng
tankabanditka [31]

Answer:

1- A, B and D

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An effective biology technician must have a set of analytical skills, attention to detail and critical thinking.

These are the important characteristics for this function, as a biology technician will handle several types of research and experiments, which characterizes that analytical skills will be necessary for data analysis and interpretation of results. Attention to detail is also necessary, as a biology technician will have as one of his activities to prepare biological samples, such as blood and food samples, for laboratory analysis, which requires maximum attention to details so as not to compromise results.

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7 0
3 years ago
Consider an economy made up of 100 people, 60 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. Th
zalisa [80]

Answer:

The number of unemployed persons is 15​ if we assume the person who are looking for work are NOT “unemployed”

The number of unemployed persons is 25​ if we understand “looking for work” is “unemployed currently”

Explanation:

If we assume the person who are looking for work are NOT “unemployed” then:  

Total 100 people  = 60 of whom hold jobs + and 15 of whom are retired + 10 of whom are looking for work  + unemployed persons  

⇒ unemployed persons = 100 – 60  - 15 – 10 = 15

However, it’s better to understand “looking for work” is “unemployed currently”, then  

Total 100 people  = 60 of whom hold jobs + and 15 of whom are retired + unemployed persons (including whom looking for work)

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8 0
2 years ago
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