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3 years ago

When people are injured in a car accident, they need an auto insurance representative to help them

Business

2 answers:

crimeas [40]3 years ago

5 0

The correct answer is A!

pentagon [3]3 years ago

4 0

Answer:

a file a claim

explanation:

because of the car accident and the injured people they have to file a claim to pay for the car repair and injuries

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Moving between two points on a ppf, a country gains 8 desktop computers and forgoes 4 laptop computers. the opportunity cost of

kicyunya [14]

The opportunity cost of 1 desktop computer is 1/2 of a laptop. The opportunity cost is the amount of time and money spent learning value that could have been used elsewhere.

A farmer decides to plant wheat; the opportunity cost is the value of planting a different crop or using the resources in another way (land and farm equipment). Instead of driving to work, a commuter takes the train.

When considering multiple investments or business avenues, opportunity cost is the potential gain lost by choosing a different course of action. The value of what you lose when you choose between two or more alternatives is known as opportunity cost.

To learn more about opportunity cost, click here.

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7 0

2 years ago

Hagos Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.84 direct labor-

Naya [18.7K]

Answer:

$31584

Explanation:

Solution

The first step is to compute the total direct labor hours required for production:

Now for the month of June,

The total direct cost of labor = The produced Unit * The Hours per unit

= 2100 * 84 hours per unit

It gives us

=1,764 Hours

For the month of July,

The total direct cost of labor = The produced Unit * The Hours per unit

= 1900 * 84 Hours per unit

= 1,596 Hours

Next is to calculate the direct labor cost.

For the month of June

Direct labor cost = Direct labor hours * The rate per direct labor hour.

= 1,764 Hours * $9.40 per hour

= $16581.6

For the month of July

Direct labor cost = Direct labor hours * The rate per direct labor hour.

= 1,596 Hours * $9.40 per hour

= $15002.4

Now,

We will compute pr find the combined direct labor cost for the two months

The combined direct labor * Direct labor cost (June) + Direct labor cost (July)

Which is now,

= $16581.6 + $15002.4 = $31584

Therefore the combined direct labor cost for the two months is $31584

7 0

3 years ago

_____ is the study of how resources are distributed for the production of goods and services within a social system

Delicious77 [7]

Business and economics is basically the study of the production,distribution of resources to provide goods and services

6 0

3 years ago

In his blog, Max Gladwell says that our world is being profoundly changed

Vesnalui [34]

Answer:

B: Increasing use of social media

Explanation:

Social media has many effects, good and bad on our society. Now people know what happened 4 minutes ago in countries thousands of miles away. They can keep up with celebrities and more. You can see how this is drastically changing the way we live. Hope this helps!

3 0

2 years ago

Suppose an economy is modeled with a production possibilities frontier or curve (PPF) for butter (vertical axis) vs. guns (horiz

Nonamiya [84]

Answer: B - a general improvement in technology affecting production of all goods

Explanation: The Production Possibility Frontier is a curve that shows the two combination of goods an economy can produce when all its factors of production are efficiently used.

Technological progress shifts the curve outward, away from the origin as more output would be produced using the same combination of factor inputs.

Shifting of resources from butter to gun would lead to movements along the curve as more gun would be produced and less butter.

Pacifism becoming less popular which increases gun production, would cause movement along the curve.

Increase in consumer desire for butter increase the amount of butter produced . This would generate a movement along the curve

4 0

3 years ago