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Katarina [22]
2 years ago
9

Nathanial Drummond has three different insurance policies. He has been injured in an accident and has incurred $30,000 in medica

l bills. There is a clause in all of his insurance contracts the makes sure that he receives no more than $30,000 in payments from his insurance companies. This clause is called:
A. deductible.

B. coinsurance.

C. coordination of benefits.

D. major medical expense insurance.
Its not C
Business
2 answers:
marysya [2.9K]2 years ago
6 0

<span>The answer is D. Major medical insurance.</span>

This usually covers all healthcare including prescription medicine and out-patient costs and even other services like physical therapy and mental health. Unlike basic health care, this kind of insurance sets a limit on your medical expenses, even if you have very costly treatment.

Llana [10]2 years ago
6 0

<em>C. Coordination of Benefits </em>

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Radar Company sells bikes for $490 each. The company currently sells 4,300 bikes per year and could make as many as 4,620 bikes
Karo-lina-s [1.5K]

Answer:

Radar's additional income for accepting the order is calculated as follows:

Sales - 320 x $460 = $147,200

less Cost of Sales = 320 x $180 + $48,000 = $105,600

Additional Income = $41,600

Explanation:

The additional income of $41,600 is $147,200 - $105,600, which is the result of deducting cost of sales from Sales.

The cost of sales includes the variable cost per bike, including the incremental fixed costs ($48,000) to make this order.

To make a decision whether to accept an order or not, the company needs to consider all variable costs, including the incremental fixed costs.  The resulting additional income is what is available to offset the fixed costs.

8 0
2 years ago
The Supreme Court separated the "mandatory" element of the Federal Sentencing Guidelines for Organizations from their advisory r
Alla [95]

Answer:

C) violated the Sixth Amendment right to a jury trial.

Explanation:

Federal Sentencing Guidelines should be guided by the following principles:

  • The court should order the organization to remedy any harm caused.
  • If the primary purpose of the organization was to commit crimes, then the court should set a fine that strips away all the assets from the organization.
  • The court should set fines based on how serious the offenses were and the degree of culpability of the organization.
  • The court can impose a probation sentence if it believes that the organization will take steps to reduce the likelihood of future criminal conduct.

The sentencing guidelines should offer incentives for organizations to eliminate criminal conduct.

7 0
2 years ago
Suppose the price is $6 per sheet of plywood. Suppose the price falls to $4 per sheet of plywood.How much of the increase in con
Pie

Answer:

"$2,500" is the appropriate answer.

Explanation:

The question given seems to be incomplete. Below there is a attachment of full question is provided.

The given values are:

Plywood's price,

= $6 per sheet

Price falls,

= $4

Now,

At price $6, the consumer surplus will be:

= 0.5\times 1000\times (10-6)

= 0.5\times 1000\times 4

= 2,000 ($)

When price falls, the consumer surplus will be:

= 0.5\times 1500\times (10-4)

= 0.5\times 1500\times 6

= 4,500 ($)

Hence,

The increase in consumer surplus will be:

= 4500-2000

= 2,500 ($)

7 0
3 years ago
Suppose an Exxon Corporation bond will pay $4,500 ten years from now. If the going interest rate on safe 10-year bonds is 4.25%,
Luda [366]

Answer:

The answer is a. $2,967.92

Explanation:

Calculation of prent value

Present value = p* (1+i)^-10

Present value = $4,500 * (1+0.0425)^-10= <u>$2,967.92</u>

4 0
3 years ago
The Carter Corporation makes products A and B in a joint process from a single input, R. During a typical production run, 50,000
klemol [59]

Answer: $54,000 per production run

Explanation:

As we are dealing with the decision of whether or not to process the good further, the irrelevant cost would be the cost of producing product B from input R.

This is because this cost has already been incurred to produce product B and so is a sunk cost. Sunk costs are irrelevant to the decision to process further.

30,000 units of B were made from 90,000 units R so the cost of B is:

= 30,000 / 50,000 * 90,000

= $54,000

<em />

<em>The options here are probably for a variant of this question.</em>

8 0
3 years ago
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