The poorest 10 percent of the US population earned less than $392 per week in 2013.
Answer:
a. an employer has the right to hire, fire, demote, or promote whomever it chooses
Explanation:
Employment-at-will refers to a type of contract in which the employer can fire an employee for any reason; it won't have to establish a just cause to do it. Also, the employer can fire the employee without notice but the reason for the termination can't be illegal like firing someone because of religion. According to this, employment-at-will is a common-law doctrine holding that an employer has the right to hire, fire, demote, or promote whomever it chooses.
The answer is Brian holds investment in collectables.
The answer would be D Investment in Collectables
Answer: $2550
Explanation:
Note that the probabilities of total loss and 50% damage were tripled and the probability of no fire has therefore changed to:
1 - 0006 - 0.024 = 0.97.
The company wants to keep same annual gain from the policy ($750), and the question now is, what would the new premium (N) be which will satisfy this? To get this, we need to solve the equation for:
N:750 = (N - 100,000)(0.006) + (N - 50,000)(0.024) + N(0.97)
Thus, 750 = N - 600 - 1,200, or N - 1,800. Therefore,N= 750+1,800= 2,550.
To account for the added risk which the insurance company is taking by continuing insuring the customer, the premium changes from $1,350 to $2550
Answer:
The process of making this decision By the CLASSICAL MODEL of decision making
Explanation:
The classical general equilibrium model was developed in the 18th century within the neoclassical economics and it is related to classical economics.
The classical general equilibrium model aims to describe the economy by taking an aggregate of the behavior of individuals and firms.
Decision taken using this Method is usually based on what the eyes are seeing. Facts.
From the text, Ola buys new bikinis weekly based on the designs the customers are buying more. He decides on what to buy for the new week by looking at the designs that his customers went for the previous week. This is a clear case of Classical model of Decision making.