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
lozanna [386]
3 years ago
6

What is your interpretation of the relationship between auto insurance premiums in Michigan and the national average?

Business
1 answer:
Arada [10]3 years ago
3 0

Answer:

Interpretation between the auto insurance preniums in Michigan and the National average is that In 2017, the average cost of a personal injury protection claim in Michigan was more than six times the national average. Costs are increasing nearly twice as fast, according to the Insurance Research Council.

Explanation:

The rates of auto insurance Premiums in Michigan are most expensive in America. This is due to Michigan's non-fault insurance system, which provides crash victims unlimited lifetime coverage of medical bills.

You might be interested in
A group of farmers agreed that if any farmer suffered a property loss, the loss would be spread over the entire group. In this w
mixas84 [53]

Answer:

pooling losses

Explanation:

This agreement embodies the concept of pooling losses. In this concept, each individual loss is spread over to the entire group. In order for this arrangement to be effective, a large number of farmers are required, so whenever a farmer suffers a loss, it will be mitigated due to the pooling over the large group.

8 0
3 years ago
"A property has been assessed at $40,000. The city tax rate is 10 mills, the county tax rate is 9 mills, and the school board le
melamori03 [73]

Answer:

Amount saved by the owner is $225.

Explanation:

given,

the property has been assessed = $40,000

the city tax rate = 10 mills = 0.001

country tax rate = 9 mills = 0.009

school board levy = 9 mills = 0.008

owner gets homestead tax exemption of = ?

Homestead tax exemption is used to same money from paying tax on their property every year.

homestead tax exemption given is  $25,000

Money saved by owner = $25,000 homestead exemption × county tax rate

                                       = $25000 × 0.009

                                       = $ 225

Amount saved by the owner is $225.

3 0
3 years ago
What is opportunity cost? ( selext the best answer)
bixtya [17]

Answer: the loss of potential gain from other alternatives when one alternative is chosen

Explanation:

8 0
2 years ago
If you were Marshall, what types of concerns would you want to be sure to bring up with the accountant?
damaskus [11]

Answer:

If I would be a Marshal, I would like succeeding apprehensions should to be indisputable with accountant.

  • Recognize the environment- accountant must appreciate the industry, responsibility or the organization in very clear style. He should clearly recognize and go with the administrative goals.
  • Communication capability- Accountant must have resilient communication capability to talk with other individual and to make him recognize about any request of that individual.
  • Flexibility- as the rules and policies are changes time to time, accountant must flexible enough to accept the changes easily.
  • Strong Ethics- moreover the applied ethics, accountant should also have durable moral ethics.
  • He should have durable confidence. Furthermore he should confirm to keep personal information secure.
  • Precise and Detailed evidence- the accounts organized by accountant must be precise and very clear. It also should be thorough. Proper foot notes should be stated in financial statements.
  • Inspiration- account must have competence of rational thinking to come up with fresh clarifications for given problems.
  • Trustworthiness- the accountant should be dependability. He knows the secrets of the responsibility. So he should not to reveal these secrets to anyone without prior specialist.

3 0
3 years ago
Which of the following would cause the supply curve to shift to the right?
AnnZ [28]

Answer:

Technology improves production.

Explanation:

Supply refers to the quantity of goods and services produced and offered to the market for sale.

There are several factors that could cause the supply curve to shift to the right, one of which is technology improves production. An improvement in technology will phase out manual or slow process of production hence shifts supply curve to the right.

When government increases tax on a business, if will affect the income that should have accrued to the business hence supply curve inward. An increase in input prices will affect production cost thereby shifting supply to the left. Also when there is a decline in the numbers of consumers, it will shift supply curve inward because it is these consumers that will purchase whatever that is produced and supplied to the market.

5 0
3 years ago
Other questions:
  • A consumer is making purchases of products Alpha and Beta such that the marginal utility of product Alpha is 30 and the marginal
    7·1 answer
  • Flambe Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning
    6·1 answer
  • It is safe to use your bright headlights if there is a car ahead of you within 300 feet. True or False?
    8·2 answers
  • Doreen is a cosmetic sales person. her commission rate is 13 1/2%. if her monthly sales was $4,230.00 what was her monthly commi
    9·1 answer
  • Lauren has chosen "Influence consideration" as the marketing objective in her Google Display Ads campaign. Which two targeting o
    15·1 answer
  • Suppose that the price of a bottle of soda is $1 each. Larry is willingto pay $2 for the first bottle, Alan is willing to pay $1
    11·1 answer
  • Posting is the process of transferring items entered in a general journal to the: 1. worksheet. 2. trial balance. 3. general led
    7·1 answer
  • Give examples of how we do not recognize people as having these rights but make them conditional on success in the marketplace.
    10·1 answer
  • Which type of budget indicates more expenses than income?
    6·1 answer
  • Why is tikto* a cool app
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!