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natali 33 [55]
3 years ago
5

From the standpoint of the economy as a whole, the role of insurance is A. to entice risk-loving people to become risk averse. B

. to promote the phenomenon of adverse selection. C. not to eliminate the risks inherent in life, but to spread them around more efficiently.D. not to spread risks, but to eliminate them for individual policyholders. E. to eliminate the more hazard problem.
Business
1 answer:
Scilla [17]3 years ago
3 0

Answer:

C. not to eliminate the risks inherent in life, but to spread them around more efficiently

Explanation:

Insurance is an agreement where the insurer agrees to cover the losses that might arise if certain events occur to the insured.

Moral hazard and adverse selection are some of the negative issues that arise as a result of insurance.

I hope my answer helps you

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Today, if John’s computer stops operating correctly, he probably calls a computer repair technician to fix it. The computer repa
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Organic Solidarity

Explanation:

Based on the information provided within the question it can be said that this is an example of a term known as Organic Solidarity. This term explains the union in society from individuals depending on one another in advanced societies, where this interdependence usually occurs from the specialization of work between individuals. Such as John needing to depend on a computer repair technician to fix his computer.

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4 years ago
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Rina and Musashi are married, under the age of 65, and have four children under the age of 18. Musashi works full time and earns
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3 years ago
With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are:A.
kramer

Answer:

<em>.C. cash cow businesses with an excellent financial fit</em>

Explanation:

With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are:A. struggling companies with good turnaround potential, undervalued companies that can be acquired at a bargain price, and companies that have bright growth prospects but are short on investment capital.B. companies offering the biggest potential to reduce labor costs.C. cash cow businesses with an excellent financial fit.D. companies that are market leaders in their respective industries.E. companies that are employing the same basic type of competitive strategy as the parent corporation’s existing businesses.

Big businesses are usually the one that acquire  distressed companies /. They are called the cash cow because they are basically  business, investment, or product that provides a steady income or profit. they possess a large volume of the market share with little investment contribution to it.

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3 years ago
The actual cost of direct labor per hour is 16.00 and the standard cost of direct labor per hour is 15.50. The direct labor hour
blondinia [14]

Answer: $3,875 Favorable

Explanation: We can compute direct labor efficiency variance by using following formula :-

Direct labor efficiency variance = standard rate ( actual hours - standard hours)

where,

standard hours = 5,500units * 0.5 hour = 2750 hours

actual hours = 3,000 hours

standard rate = $15.5

putting the values into equation we get :-

Direct labor efficiency variance =  $15.5  ( 3,000 - 2750)

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3 years ago
Q 6.3: Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approxima
lbvjy [14]

Answer:

D : 2.17%.

Explanation:

The 26% is an APR(Annual Percentage Rate). This is a quoted rate that  a credit card company charges . It is also known as the  nominal rate.

Since the question is asking for a monthly rate, use the 26% and convert it into monthly rate. We have 12 months in a year; meaning, we will divide the nominal rate by 12;

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n = compounding periods = 12

therefore, Monthly rate = 26% /12 = 2.17%

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3 years ago
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