1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zaharov [31]
3 years ago
6

Curling is a sport where teams slide stones on ice and attempt to hit targets. Teams consist of four players. Suppose that Bob,

Carol, Ted, and Alice are on a team. Bob and Carol have a 40% chance of slipping on the ice; Ted and Alice have a 20% chance. Each slip results in a bruise that costs $150 to treat.
If each member were offered bruise insurance, the premium would be $ (round your response to two decimal places)
Business
1 answer:
larisa86 [58]3 years ago
8 0

Answer:

Premium is likely to be $180.00

Explanation:

Two players have 40%  chance of slipping

Equally,two players have 20% chance of slipping

bruise cost per slip is $150

Premium=40% chance of slipping*bruise cost*2 players +20% chance of slipping*bruise cost*2 players

Premium=40%*$150*2+20%*$150*2

Premium=0.4*$150*2+0.2*$150*2

premium=$60*2+$30*2

premium=$120+$60

premium=$180.00

If the insurance company offers bruise insurance to the players ,the premium is likely to be in the region of $180.00

You might be interested in
What is the opportunity cost of producing more shoes?
jeka94
Produce less watermelon
6 0
3 years ago
Nelson Company experienced the following transactions during Year 1, its first year in operation.Issued $9,200 of common stock t
nikitadnepr [17]

Answer:

the net cash flow from operating activities for the year 1 is $1,100

Explanation:

The computation of the net cash flow from operating activities is shown below:

= Cash collection from account receivable - cash paid for the operating expenses

= $3,500 - $2,400

= $1,100

Hence, the net cash flow from operating activities for the year 1 is $1,100

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0
3 years ago
Robert has a monthly income of $1,650.00. His monthly mortgage payment is $675.00. What percentage of his income does Robert spe
makkiz [27]

Answer:B.40.9%

Explanation:

If $675 spend on mortgage and his monthly income is $1650

So the percentage will be:

$675 / $1650 × 100

= 0.409 ×100

= 40.9%

6 0
3 years ago
Political forces that affect transportation businesses
bearhunter [10]

It is important to note that politics and the economy have effects on the transportation industry, as the industry is ever changing with new policies, regulations, or capacity issues.

Politicians and the policies they create dictate the US economy, effecting all industries. It is seen that the transportation industry saw effects because of the trade and tariff wars. The overall regulations depend largely on the economic and political outlook of the party in power.

For instance, a government that is inclined to pursue neo-liberal policies,  could pass more legislations favoring industries and big businesses, while a government inspired by socialism could push policies favoring small businesses.

Hence, the answer was given and explained above.

To learn more about politics and political party here:

brainly.com/question/12548909

#SPJ1

4 0
1 year ago
) Studies also find that teenagers have a higher price elasticity than do adults. Why might this be true?
Andru [333]

This statement is true. Teenagers have a higher price elasticity than do adults.

This is because teenagers does not have much income to spend so they can shift to other products also. Teenagers are also not addict to smoking or any other habits , Therefore price affects the demand of the product.

Price elasticity is defined as the ratio of the percentage change in quantity demanded due to percentage change in price.

Elasticity  having more than 1 are  relatively more elastic.

Adults have more income to spent so the demand do not effects due to change in price. As adults are more addicted to smoking then teenagers ,

addicted people did not consume less due to its price change.

To know more about price elasticity:

brainly.com/question/13565779

#SPJ1

5 0
1 year ago
Other questions:
  • When the craving for pizza increases, the ability to concentrate decreases?
    10·2 answers
  • What is 'lowest evaluated bid' ?
    15·1 answer
  • The following transactions occurred during July: Received $960 cash for services provided to a customer during July. Received $3
    8·2 answers
  • When formatting your résumé, it’s important to consider the organization of the information you’re providing a potential employe
    8·1 answer
  • Suppose that the adult population in the town of Springfield is 225 million. If 40 million are unemployed and 100 million are em
    10·1 answer
  • Last year Susana's mother, Maria, suffered from a heart attack and is no longer capable of caring for herself. Maria made arrang
    8·1 answer
  • MC Qu. 98 Garcia Corporation's April sales forecast... Garcia Corporation's April sales forecast projects that 6,100 units will
    9·1 answer
  • In a relatively new neighborhood with 524 homes, 72 houses were sold. The turnover index in this neighborhood is
    6·1 answer
  • Assets for Smith Company are $30,000. Liabilities are $20,000. What is the Equity for Smith Company?
    7·1 answer
  • What is Management???​
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!