<span>Since Henry decided
to increase the deductible on his existing insurance policy, his monthly auto
insurance premium will be lower. This means that higher deductible means lower
premium payments. It also affects the insurance coverage of Henry because this
mean that Henry must shoulder a specific amount (or high cash-out) before the claim
is paid by the insurance company.</span>
Answer:
b. The cable commercial
Explanation:
CPM or cost per mille is a measure used in advertising to determine how effectively a promotional message is getting to its audience. It is the cost of getting an advert in front of 1,000 people.
In this scenario when we calculate CPM for the radio station
$600 = 10,250 listeners
x= 1,000 listeners
Cross multiply
x= (600 * 1,000) ÷ 10,250 = $58.54
For the local cable commercial
$1000 = 18,500 viewers
y = 1,000 viewers
Cross multiply
y= (1,000 * 1,000) ÷ 18,500= $54.05
Answer:
Everyone involved in the transaction
Explanation:
As an agent of the seller, the broker has a fiduciary duty with the seller (principal) to act of behalf of his/her best interest.
But the broker must also act honestly with the buyer, if the broker closes a deal using dishonest or unfair practices, e.g. forging documents, then the buyer might claim damages from both the broker and the seller.
And of course the broker should also make sure that his/her own rights are respected and his/her work is properly paid.
<span>Then the private benefit from consumption
will will not be the same as the social benefit from consumption.</span>
An externality is the impact of a buy or choice on a man group who did not have a choice in the occasion and whose interests were not considered. Externalities, at that point, are overflow impacts that fall on parties not generally engaged with a market as a maker or a buyer of a product or service. Externalities can be negative or positive, and externalities can come about because of either the production or the utilization of a good, or both.
