Answer:
$3,000
Explanation:
Data provided in the question:
Total amount of benefits paid to the insured = $4,000
Percentage paid by the insured = 25% of monthly premium
Now,
The total amount paid by the insured = 25% of $4,000
= 0.25 × $4,000
= $1,000
Therefore,
The monthly benefit that will be taxable
= Amount of benefits paid - total amount paid
= $4,000 - $1,000
= $3,000
Answer:
c) Bob has a comparative advantage over Don in the production of pens
Explanation:
Comparative advantage is an economic term that refers to the ability of an individual, a company or a country to produce goods or services at a lower opportunity cost than others. Comparative advantage enables a party to sell its products cheaper than others.
In this scenario, Bob produces 15 pens in an hour in comparison to Don, who produces only 10. It means Bob uses a low cost of labor per pen in comparison to Don. Bob's production capacity of 15 pens also means a higher efficiency rate compared to Don. If a cost estimate were to be done, Bobs' pens would be more competitive in the market than Dons'.
Answer: Expectancy-Outcome Values Theory
Explanation:
The Expectancy-Outcome Values Theory is one that is quite popular in many fields ranging from health to economics as it aims to explain that human behavior is governed by expectations of events.
Under the Expectancy-Outcome Values Theory, people will evaluate the cost, benefit, or value related to making a change in a particular attitude, value, belief, or behavior to decide if it is worthwhile or not.
For most if not all decisions taken therefore, there goes into it quite a lot of mental calculations involving the effects of an event before a decision is made.
Answer:
A) jurisdiction
Explanation:
Jurisdiction -
It is the area having some set of laws , under the control of the system of the court or by the some government entity , is known as a Jurisdiction .
It is feasible by the jurisdiction to prosecute for the crime which is committed anywhere outside the jurisdiction , as soon as the person comes back .
hence , from the question , the issue is related to A) jurisdiction .