Answer:
It is less likely that injuries will occur during an emergency
Its less likely that damage will occur during an emergency
are the correct options.
Explanation:
A fire prevention program eliminates or reduces the occurrence of fires by training people in fire safety.
The fire prevention plan should include: The list of all <em>major fire hazards, proper storage procedures and handling procedures for hazardous materials, the various types of fire protection equipment required to control major hazard, potential ignition sources and their control</em><em><u>.
</u></em>
A fire needs fuel, heat and oxygen, without oxygen, fuel and heat a fire cannot start. So the strategy to prevent fire should try to remove one of more of these elements.
<u>The substitution bias causes an inflation rate calculated using a fixed basket of goods over time to overstate the true rise in the cost of living because it does not take into account that people can substitute away from goods whose prices rise disproportionately.</u>
Explanation:
<u>When the price of a good rises, consumers tend to purchase less of it and to seek out substitutes instead</u>.
<u>On the other hand , if the price of a good falls, people will tend to purchase more of it and not opt for its substitutes</u>
<u />
This concept implies that goods with generally rising prices should tend over time to become less important in the overall basket of goods used to calculate inflation, while goods with falling prices should tend to become more important for the calculation of inflation
The <u>quality/new goods bias</u> causes inflation calculated using a fixed basket of goods over time to overstate the true rise in cost of living <u>because improvements in the quality of existing goods and the invention of new goods are not taken into account.
</u>
<u />
Answer:
No, you should not purchase the stock as the stock is over priced.
Explanation:
Stock Price should be
Stock Price = Dividend last year / Required Rate of Return
= $2.50 / 23%
= $10.86
The current market price of the stock is $40 so the stock is over priced as it is $10.86 that is why you should not purchase the stock.
