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slava [35]
4 years ago
10

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)
Yes, the cost of the annual premium for 10 years was more than the accident claims

Yes, the cost of the annual premium for 10 years was less than the accident claims

No, the cost of the annual premium for 10 years was the same as the accident claims

No, the cost of the annual premium for 10 years was more than the accident claims
Business
2 answers:
AysviL [449]4 years ago
8 0

Answer:

Yes, the cost of the annual premium for 10 years was less than the accident claims

Explanation:

lubasha [3.4K]4 years ago
3 0
The answer in this question is B Yes because the cost of the annual premium for 10 years was less than the accident claims. The cost of the insurance benefit of transferring the risk to the insurance company outweigh the cost of the premium because of the cost of the annual premium for 10 years was less than the accident claims.
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Use of technology, employee retention, and HR development have been at the core of HR becoming more strategic at Xerox. Why have
OLga [1]

Answer:

Explanation:

These three areas have been key because they all complement one another in order to help the company achieve its organizational goals. Technology helps automate all of the data and processes that the company deals with on a daily basis. Employee retention focuses on keeping the employees and making sure that the best employees remain within the company, therefore making sure that the company will perform better than the competition. Lastly, HR development focuses on creating new ways of making the employees happy and making sure that all departments are as efficient as possible. All of which push a company past any barriers and towards achieving their goals.

3 0
3 years ago
A country is closed. It has no government sector, and its aggregate price levels and interest rates are fixed. Furthermore, the
lutik1710 [3]

Answer:

The country has closed economy; it means there is no other trading relation with, outside countries. Export imports do not affect the economy of the country, and here is no government interference as mentioned in the question. This is a self sufficient country, its demand fulfilled from inside of the country. So its aggregate price levels and interest rate are fixed. MPC or the marginal propensity to consume indicates whether there is an increase in disposable income or increase in consumption. Here consumption increases equal to the increase in the income.

MPC = ΔC /ΔY which is constant here.

The increase in income in this country is mostly permanent and increases in a fix period of time and proportionately.

C= 200 +0.75 YD (YD is disposable income), Y=75, GDP =$900

The economy achieves it’s equilibrium level when supplies meets demand or the GDP is equals to it’s total expenditure. MPC is a fraction between 0 and 1 , MPC means a change in consumption brings the change in YD . here the MPC is equals to MPS which means the change in saving bring by the change in disposable income. All income here saved or consumed. So the change in income equals to the change in consumption or saving.

MPC+ MPS = 1

So the average propensity to consume is proportionate to income which is spend on consumption. APC= C/ YD. And the average proportionate to save is equals to income saved APS= S/YD . so here APC +APS = 1. The increase in production or price leads to the increase in the total value of output, that is the equilibrium condition.

Explanation:

3 0
3 years ago
Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 25 percent for the next three years, with the gro
mel-nik [20]

Answer:

The current share price is $82.85

Explanation:

D1 = (2.85*1.25)

    = 3.56

D2 = (3.56*1.25)

     = 4.45

D3 = (4.45*1.25)

     = 5.566

Value after year 3 = (D3*Growth rate)/(Required rate - Growth rate)

                              = (5.566*1.045)/(0.105 - 0.045)

                               = $96.95  

current price = Future dividend and value*Present value of discounting factor  

= 3.56/1.105 + 4.45/1.105^2 +5.566/1.105^3 + $96.95/1.105^3

= $82.85

Therefore, The current share price is $82.85

3 0
3 years ago
The top-down method of estimating when the pooled experience of senior and/or middle managers are used to estimate the total pro
Murljashka [212]

A consensus method means the method of estimating when the pooled experience of managers are used to estimate the total project duration.

<h3>What is a consensus method?</h3>

This refers to the method of determining the extent to which experts or lay people agree about a given issue.

Hence, the the method of estimating when the pooled experience of managers are used to estimate the total project duration is known as a consensus method.

Read more about consensus method

<em>brainly.com/question/15143633</em>

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3 0
2 years ago
To measure the trends of the market area, the appraiser must ask questions about ______________________.
klemol [59]

To measure the trends of the market area, the appraiser must ask questions about supply and demand.

In economics, the relationship between the quantity of a good or service that producers want to sell at different prices and the quantity that consumers want to buy is known as supply and demand.

It serves as the primary model for determining prices in economic theory. The interaction of supply and demand in a market determines the price of a good.

The final price is known as the equilibrium price and signifies a compromise between the good's producers and customers. When a market is in equilibrium, the amount of a good that producers supply and consumers desire are equal.

The price mechanism in a free market equalizes supply and demand. If consumers want to buy more of a product than is offered at the current price, they will tend to bid the price up.

Learn more about supply and demand here:

brainly.com/question/14741584

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6 0
2 years ago
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