The main disadvantage of providing flexibility in benefit choice is that -<u>There is a risk that employees may choose an inappropriate benefits package. </u>
Explanation:
Let us consider the various options given:-
- There is a risk that these plans would increase the attrition rate:The flexibility benefit package does not lead to an increase in attrition rate rather it is a measure to hold back the employees
- The flexible benefits plans are typically discriminatory in nature:The plans are not discriminatory because it is up to the disposal of the employees to select a flexible benefit plan of their choice.e nature of the flexible benefit plan cannot be discriminatory
- The flexible benefits plans do not cover higher-risk employees-No such option is mentioned in the flexible benefit plan
Thus we can say that -The main disadvantage of providing flexibility in benefit choice is that -<u>There is a risk that employees may choose an inappropriate benefits package. </u>
Answer:
a. 30 units of corn and 30 units of wheat.
Explanation:
In a two-product, two-country world, international trade leads to specialization. Each country will produce the product in which it has comparative advantage. In this case, Freedonia will produce only corn and Sylvania will produce only wheat. With all constant, the country will consume the same amount of that product, but the surplus will exchange it for the other product. Freedonia will use all its workers to produce corn, in a year they will produce 6*10= 60 units of corn. Sylvania will use the 10 workers to produce wheat, in a year they will produce 6*10=60 units of wheat.
But, Freedonia will consume the same amount of corn (30 units). Then, Freedonia have 30 available units to trade with Sylvania. And the same for Sylvania, they will consume the same amount of wheat (30 units) and so Sylvania will have 30 available units of wheat to trade with Freedonia.
If the price, for both goods, is the same, Ricardo´s theory predicts that total consumption in both countries will increase, then consumer welfare will increase. Freedonia will consume the same 30 units of corn, but the other 30 will be exchanged by 30 units of wheat. Consumers are better and happier. Freedonia will consume 20 units more of wheat than before without sacrifying units of corn.
Answer: $5,132.66
Explanation:
If the current tuition costs are $12,000 but increasing at a rate of 3% every year, the cost of tuition in first year when Samuel will be 18 is;
= 12,000 * ( 1 + r) ^ n
= 12,000 * (1 + 3%) ^ (18 - 3)
= $18,695.61
Assuming that the account will pay 9% per year on an investment now, Samuels's Dad will have to pay the present value of the tuition fee discounted at 9%.
= 18,695.61 / ( 1 + 9%) ^ 15
= $5,132.66
<span>This is called a brand. This helps a company distinguish itself from other companies and in some circumstances, a brand might make the product more appealing to the customer by adding a certain personality to it. This helps the consumer relate to the product more.</span>
Answer:
Determine the total interest cost under each plan.
Plan 1 220320
Plan 2 224280
Explanation:
FIRST
F = P ( 1 + i * n )
F=720000(1+10,20%*3) 940320
F=940320
Interest=940320-720000 220320
Interest 1= 220320
SECOND
F = P ( 1 + i * n )
Interest 2
F=720000(1+8,5%*1) 781200 720000 61200
F=720000(1+12,9%*1) 812880 720000 92880
F=720000(1+9,75%*1) 790200 720000 70200
224280
