If a renter has only given $500 for his/her deductible, and the renter gets robbed with $1,560 worth of his belongings in the apartment. The insurance company will pay the renter the remaining $1,060 because the $500 you've paid is called the out-pocket-cost. So the answer to your question is $1,060.
Answer:business strategy on apex
Explanation:
Answer:
The firm should continue operation
Explanation:
Under the production cost theory, the comparison of price (P) and average variable cost (AVC) is used to decide whether a firm should continue operation or shut down under the following two scenarios:
Scenario 1: If P > AVC, continue operation
Scenario 2: If P < AVC, shut down.
Under scenario 1, it is better for a firm to continue operation since P is greater than AVC. This implies that the firm can fully pay for its variable cost of production and partially pay for a part of the fixed cost but not fully. As result, loss will be minimized by the firm if it continues operation.
Under scenario 2, the better decision for the firm is to shut down operation. The reason is that the firm is unable to even fully pay for its variable cost. In order to minimize cost, the firm is advised to shut down operation.
From the question, the $3 price of Prince Puckler's Ice Cream is greater than its $2.50 average variable cost. This implies that Prince Puckler falls under Scenario 1 above. Therefore, Prince Puckler should continue operation despite that the $3 prie is lower than $3.10 average total cost. This is because the variable cost will be fully covered while a part of the fixed cost will also be covered but not fully. Doing this will minimize total cost for Prince Puckler.
Therefore, one knows from the information in the question that the firm <u>the firm should continue operation</u>.
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A loan with lower payments in the early years that increase gradually until they are sufficient to amortize the loan fully is a graduated payment mortgage.
A graduated payment mortgage or GPM is a type of fixed rate mortgage for which the payments do increase gradually from an initial low base level to a higher final level.
The purpose of a Graduated payment mortgage is to allow different homeowners to start off with lower monthly mortgage payments in order to help certain people to qualify for their loans.
Generally, the payments will grow between 7% to 12% annually from the initial base payment amount till the time of full monthly payment amount is reached.
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Each time a dynamic report<span> is run, it gathers the most recent data in the Data Warehouse. Only the </span>report<span> definition, which remains the same over time, is stored. </span>Static reports<span>. Are run immediately upon request, and then stored with the data in the Completed </span>Reports<span> module. hope that helped</span>