The value of life is an economic value<span> used to quantify the benefit of avoiding death. It is also referred to as the cost of life, a value of preventing death and implied a cost of preventing a fatality. </span>
In this problem, the value of life is the earning potential of a given person. The average salary of space-x<span> pilots is $115,000, while for the subspace glider pilots is $109,000. Given this information, the implied statistical value of a life of a pilot is a. $120,000. It is the amount from the choices with the nearest value.
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Kevin's profession is most likely a financial manager.
If the unemployment rate is 10%, the relevant fiscal policy action would be to A. increase government spending.
<h3>Why should we increase government spending?</h3>
When government spending is increased, it would lead to more jobs in the economy as the government hires people for projects.
Unemployment would also decrease as companies hire more people to produce as they receive more demand based on the increased government spending.
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Answer: $76
Explanation:
If Blue Wagon sells everything it produces, this means that the capacity of the factory is underutilised and so more goods can be produced.
The fixed cost for producing 3,000 tires will therefore be the fixed costs for producing 4,000 tires.
= 20 * 3,000
= $60,000
Total cost when 4,000 tires are produced is;
= Variable costs + fixed costs
= (38 * 4,000) + ( 14 * 4,000) + ( 9 * 4,000) + 60,000
= 152,000 + 56,000 + 36,000 + 60,000
= $304,000
Cost per tire;
= 304,000/4,000
= $76
Answer:
Earning growth rate will be 12 %
Explanation:
We have given that Bennington Enterprises earned $34.07 million this year.
Return equity = 16 % = 0.16
Retained earning = 75 % = 0.75
We have to find the firm's growth rate
We know that growth rate is given by
Growth rate = Return on equity × retained earning
So firm's growth rate will be equal to = 0.16×0.75 = 0.12
Therefore the earning growth rate will be 12 %
