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
Ksju [112]
3 years ago
5

Jan pays $70 each month for her auto insurance policy. This regular payment is called a.

Business
1 answer:
ella [17]3 years ago
8 0
Jan pays $70 each month for her auto insurance policy. This regular payment is called PREMIUM.

Premium is the payment made by the insured party to the insurer. It primary pays the insurer for bearing the risk of payout in the event that the insurance agreement coverage is needed. Premium payment may be monthly, quarterly, semi-annually, or annually.
You might be interested in
Betty and Karen have been hired to paint the houses in a new development. Working together, the women can paint a house in two-t
Aliun [14]

Answer:

6 hours

Explanation:

Let k = time it takes Karen to paint the house alone

then  according to the question,

(2/3)(k)(1/k + 1/12) = 1

⇒(2k/3)(1/k + 1/12) = 1

⇒(2k)(1/k + 1/12) = 3

⇒(2 + k/6) = 3

Multiplying both sides by 6:

12 + k = 18

k = 6 hours

therefore Karen takes 6 hours to complete the Task.

8 0
3 years ago
For each watch that Switzerland produces, it gives up the opportunity to make 50 pounds of chocolate. Germany can produce 1 watc
chubhunter [2.5K]

Answer:

B. Switzerland has the comparative advantage in watches.

Explanation:

Comparative Advantage is when an economy can produce a commodity with comparatively less opportunity cost in terms of other good sacrifised, than other economy.

It can also be denoted as an economy's more relative productivity in consumption, compared to other economy.

                       Watch         Chocolate

Switzerland       1                    50

Germany           1                    100

Switzerland can produce a watch by sacrifising lesser units of chocolate i.e 50,  than Germany - which sacrifises 100 watches chocolates for a watch production.

Switzerland is 0.02 (1/50) times productive in watch than chocolate. Germany is lesser i.e 0.01 (1/100) time productive in watch than chocolate. Also, Germany is more productive in chocolate than watch 100X > 50X.

So, Switzerland has comparative advantage in Watches & Germany in Chocolate.

6 0
3 years ago
According to the specifications that a customer gave to a manufacturer, the length of a shoe should not deviate from the correct
vichka [17]

Answer:

Capability ratio = 1.04166

Explanation:

Given:

Length of a shoe (not deviate) = 1 mm

Standard deviation of this length = 0.32 mm

Number of standard deviations = 3

Find:

Capability ratio = ?

Computation:

Capability ratio = [Length of a shoe (not deviate) / Standard deviation of this length] / Number of standard deviations

Capability ratio = [1 / 0.32] / 3

Capability ratio = 3.125 / 3

Capability ratio = 1.04166

Capability ratio is greater than 1, therefore process is capable.

4 0
3 years ago
Which of the following types of credit would best describe credit cards?
velikii [3]
Revolving credit is open.
<span>Most credit cards are unsecured.

The answer should be OPEN AND UNSECURED
</span>
<span>A person using an unsecured credit card is not spending his own money right away whenever he uses the credit card. Instead, he is borrowing money from his/her bank; more like he/she takes out a loan whenever the card is used, which he is expected to pay back so as to maintain a trustworthy credit history.</span>
4 0
3 years ago
Christiansen and Sons' flexible budget for 10,000 units of production includes $50,000 for direct materials, $44,000 for direct
kenny6666 [7]

Answer:

Direct materials of $60,000, direct labor of $52,800, utilities of $6,000, and supervisor salaries of $15,000.

Explanation:

For 10,000 units:

Direct materials (DM) = $50,000

Direct labor (DL) = $44,000

Utilities (U) = $5,000

Supervisor salaries (S) = $15,000.

For 12,000 units:

Direct materials (DM):

DM=\$50,000*\frac{12,000}{10,000}\\DM = \$60,000

Direct labor (DL):

DL=\$44,000*\frac{12,000}{10,000}\\DL = \$52,800

Utilities (U) = $5,000

U=\$5,000*\frac{12,000}{10,000}\\U = \$6,000

Supervisor salaries (S) = $15,000.

Salaries don't rely on production volume and, thus, should stay the same.

5 0
3 years ago
Other questions:
  • Suppose the only three existing manufacturers of video game players signed a written contract by which each agreed to charge the
    15·1 answer
  • Gilbert promises to buy hadley's ipod for $75. hadley is
    7·1 answer
  • Diversity is an important role in a business tru or false?
    6·1 answer
  • The​ ________ market is where securities are initially issued and the​ ________ market is where preminus owned securities​ (not
    11·1 answer
  • 1. The minimum age to receive a Class C drivers license is<br> A. 15<br> B. 16<br> C. 18
    10·2 answers
  • Brief Exercise 12-9 Suppose during 2014, Cypress Semiconductor Corporation reported net cash provided by operating activities of
    7·1 answer
  • The realities of international marketplace and the recognition of the importance reducing uncertainty have persuaded many courts
    10·1 answer
  • The Human Services career path is where "public servants" of the world work.
    15·1 answer
  • Seven years ago, you paid $324,800 to purchase a rental house. the maintenance expenses average $200 a month and property taxes
    9·1 answer
  • environmental performance indicators that are the critical success factors in a sustainability perspective include
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!