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Elza [17]
4 years ago
10

As a disciplinary measure when a violation of the Insurance Code would justify suspension, revocation or denial of license, the

Commissioner may revoke the permanent license and issue a:
Business
1 answer:
Alexus [3.1K]4 years ago
6 0

Answer:

D) Restricted license

Explanation:

A restricted license is issued as a disciplinary action against a non-restricted licensee. The conditions that define the restricted licences vary from case to case, and the commissioner may decide to suspend or revoke a restricted license without any hearing or additional cause.

This situation is extremely complicated for the licensee since the commissioner has absolute power regarding their status and can change it at will, and the licensee doesn't have any chance or anywhere to file a complaint.

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Suppose you are building a scatter plot in Excel for a large amount of data. After selecting the scatter plot option, how do you
horrorfan [7]

Answer:

c. By using the Select Data button and the Select Data Source option

Explanation:

A scatter plot is a plot which is used to plot the points of the data on the horizontal and the vertical axis also it depicts how one variable is affected by the another.

After preparing the scatter plot to enter the data in the scatter plot we need to use the data button and then data source option so that the data could be entered in the scatter plot

hence, option c is correct

4 0
3 years ago
Kubin Company’s relevant range of production is 24,000 to 31,000 units. When it produces and sells 27,500 units, its average cos
zvonat [6]

Answer:

  1. total product costs incurred to make 27,500 units = $25.10 x 27,500 = $690,250
  2. total period costs incurred to make 27,500 units = $15.10 x 27,500 = $415,250
  3. total product costs incurred to make 31,000 units = $25.10 x 31,000 = $778,100
  4. total period costs incurred to make 24,000 units = $15.10 x 24,000 = $362,400

Explanation:

                                                       Average Cost per Unit

  • Direct materials                                   $8.90
  • Direct labor                                           $5.90
  • Variable manufacturing overhead   $3.40
  • Fixed manufacturing overhead           $6.90
  • Fixed selling expense                           $5.40
  • Fixed administrative expense           $4.40
  • Sales commissions                           $2.90
  • Variable administrative expense           $2.40

Product costs include direct labor, direct materials, production supplies, and factory overhead. Product costs per unit = $8.90 + $5.90 + $3.40 + $6.90 = $25.10

Period costs include selling and administrative expenses. Period costs per unit = $5.40 + $4.40 + $2.90 + $2.40 = $15.10

4 0
3 years ago
The price elasticity of demand measures the consumers' sensitivity to a price change. the producers' sensitivity to a price chan
nikklg [1K]

Answer:

The consumers' sensitivity to a price change.

Explanation:

The price elasticity of demand is a measure of the change in the quantity demanded by customers for a product, relative to change in price. It is computed using the following formula:

Price Elasticity of Demand = %change in quantity demanded/%change in price

If the quantity demanded for a good rises or falls proportionally more than the change in price, the good is classified as elastic. For example, if the price of salt rises by 15%, and the quantity demanded falls by 20%, then salt is an elastic good.

If the quantity demanded for a good rises or falls proportionally less than the change in price, the good is classified as inelastic. For example, if the price of gasoline rises by 30%, but the quantity demanded only falls by 10% (as it's often the case in reality), then gasoline is an inelastic good.

5 0
3 years ago
The _____ measures the dollar value at current market prices of all final goods and services produced annually by factors of pro
vlabodo [156]

Answer:

A) gross national product (GNP)

Explanation:

The gross domestic product (GDP) measures the market value of the total production of final goods and services produced within a country during a year.

The GNP is different because it measures the market value of the total production of goods and services produced by the people or businesses of a country within a year. For example, sales of Apple products in Europe do not increase the GDP, but they increase the GNP.

8 0
3 years ago
Workforce is defined as . Answer Choices A. employees, volunteers, trainees and other persons whose conduct, in the performance
Marrrta [24]

Answer:

The correct answer the following question is option A) .

Explanation:

In simple words a workforce can be defined as the total number of people or employees who are working for someone or they are on employers payroll . This will include the whole population of the country who are currently working and also the people who are currently unemployed but are looking for a job. So as per the definition we know, the correct option would be A) where workforce would consists of employees, volunteers etc, whose conduct in the performance of work covered entity or business associate, is under direct control of such entities , whether or not they are paid by such entities.

7 0
3 years ago
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