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3 years ago

11

Brittany needs to buy some term life insurance. She has evaluated two 20-year fixed premium policies. One policy will cost $30 a

month for $100,000 in coverage. The other will cost $40 a month for $150,000 in coverage. Which policy is a better deal?

1 answer:

fenix001 [56]3 years ago

3 0

The best answer is 30$ to 100,000$ hope it helps

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The two primary competitive levers that managers can use in order to answer the question of how to compete are.

Klio2033 [76]

The two primary competitive levers that managers can use are value and cost in order to answer the question of how to compete.

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2 years ago

A national polling organization wishes to estimate the percentage of all teenagers who believe social security will 'be there' f

Nutka1998 [239]

Answer:

B) All teenagers.

Explanation:

The population of interest of any survey is the total population that is under study. In this case the population of interest includes all the teenagers in the country.

The 1,500 random sample should represent the total population of teenagers, but it is not the population itself.

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3 years ago

You spent $500 last week fixing the transmission in your car. Now, the brakes are acting up and you are trying to decide whether

maw [93]

Answer:

The answer is a sunk cost.

Explanation:

Sunk cost is irrelevant in present decision making. It is the cost that had already been incurred. It is irreversible.

Here, $500 spent on fixing the transmission does not matter again.

Opportunity cost is wrong because it means the alternative that has been forgone i.e alternative not chosen. For example, if you have an opportunity to either buy milk or bread and you went for bread, the opportunity cost is the cost of milk you didnt buy.

Incremental cost is also wrong. Incremental cost is the cost that was realized because of a decision.

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3 years ago

A manufacturer has modeled its yearly production function P (the monetary value of its entire production in millions of dollars)

Vinvika [58]

Answer: P(120,30)= $1,218,365.5

So when the manufacturer invests $30 million in capital and 120,000 hours in labour yearly, the monetary value of production is about $1.2 million.

Explanation:

The Cobb-Douglas production function expresses the technological relationship between two inputs (labour and capital).

Since

P(L,K)=1.47L^0.65 K^0.35 (equation 1)

we simply substitute L=120,000 and K=30,000,000 into equation 1.

Thus, P(120,30)= 1.47(120,000)^0.65 (30,000,000)^0.35

<em>(Recall that L is in thousand of hours and K is in millions of dollars).</em>

P(120, 30)= 1.47(2002.02)(413.99)

Thus, P(120,30)= 1218365.475

P(120,30)= $1,218,365.5

P(120, 30)= $1.2 million

So when the manufacturer invests $30 million in capital and 120,000 hours in labour yearly, the monetary value of production is about $1.2 million

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3 years ago

During September, the capital expenditure budget indicates a $280,000 purchase ofequipment. The ending September cash balance fr

Mariulka [41]

Answer:

$260000

Explanation:

$280k purchase equiment >> Outflow of cash

$40,000>> Operative Cash >> Inflow Cash

$260k >> cash loan in order to achieve balance

------------------------------

$20000 >> Cash balance

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3 years ago