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tekilochka [14]
3 years ago
6

The Short Run Aggregate Supply Curve can shift either Left or Right. Which of the following would shift the SRAS curve to the le

ft?
A. Decrease in Taxation
B. Increase in Government Subsidy
c. Increase in costs of Labor
Business
1 answer:
Phoenix [80]3 years ago
7 0
C.

Increase in the costs of labor will increase the costs of production, and in an attempt to lower costs, firms may reduce output and therefore the SRAS will decrease and shift to the left.
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Whether a firm has growth or value and how this firm characteristic affects an estimate of the cost of equity is called the ____
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4 years ago
What amount would the insurance company pay for vandalism that does $425 of damage to a home if the insured homeowner has a $500
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ZERO amount would the insurance company pay for vandalism that does $425 of damage to a home if the insured homeowner has a $500 deductible.

( Because the deductible exceeds the loss or the damage. The loss is $425 and the deductible is $ 500, so here the deductible exceeds the loss hence the insurance company will not pay anything).

People like you pay premiums to insurance companies to cover potential losses related to their property. Insurance companies receive these premiums and aggregate them into money pools. These funds are available to cover losses incurred by pool members.

When you report a car accident to the insurance company, the insurance company will send an adjuster to assess the damage. The expert's first task is to decide whether to classify the vehicle as a total loss. Assuming the vehicle is a total loss, the expert performs a valuation and assigns a value to the vehicle.

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5 0
2 years ago
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<u>Solution and Explanation:</u>

As the utility function is concave in shape, so person is risk averse.  Thus, he will not accept the gamvle.

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Answer is option a&d  - risk averse people fear a lot for losing money, thus they overestimate the probability of loss

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