B still mechanics just ones with the electrical knowledge of cars which will cost alot more resulting in better pay.
Look at the apartment before signing the lease, check her phone signal in the apartments, and go with the safest option!
Answer:
1) adverse selection will lead those who are more reckless to purchase the warranty
2) moral hazard will lead those who purchase to be more reckless
Explanation:
Adverse selection might be a factor if more people bought the goods that were at a more higher risk to abuse the product compared to the customer who is at low risk to misuse the product. Change in behavior called moral hazard could happen after the customer buys the insurance. This moral hazard could happen if the customers who buys the insurance tend to be careless in using the product. This could cause the fail rate to increase, and might make the company to replacing more units.
<u><em>Explanation</em></u>:
<u>(a) FIFO</u>
In using this method we calculate cost based on the price of the earliest (first) purchased inventory date.
(b) LIFO
Here we calculate cost by using the price of the most recent (last) purchased inventory date. eg for inventory cost calulations for March 9 we use the price value of March 29
(c) weighted average
This meeting uses the average cost of the entire inventory in the month. Calculated by dividing total cost by today inventory.
(d) specific identification.
Here cost are just assigned to each individual item or batch of items in the period.
In economics, income elasticity of demand measures the response
of the number demanded for a good or service to a change in the income of the people
demanding the good or service. The formula for calculating this metric is:
Income Elasticity Demand =
Change in Quantity Demanded / Change in Income
Income Elasticity Demand =
55 nights – 33 nights / $600 - $400
Income Elasticity Demand =
0.11 = 11%
Since
<span>Income Elasticity Demand is 0.11 or 11%
(positive number), therefore this means that an increase in income of the
people leads to an increase in the demand of nights dining out.</span>
