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son4ous [18]
3 years ago
9

Suppose that there are two employers in Tinytown. CareCo offers a generous health insurance package to all employees, while Apat

hyInc pays slightly higher wages than CareCo, but does not offer health insurance. All else equal, a person who is unhealthy and expects to have high healthcare costs will:
Business
1 answer:
professor190 [17]3 years ago
8 0

Answer:

Choose CareCo.

Explanation:

Given : CareCo offers a generous health insurance package to all employees. ApathyInc pays slightly higher wages than CareCo, but does not offer health insurance.

A person who is unhealthy & expects to have high healthcare expenses : would have issues having direct health insurance from an insurer, based on high risk evaluation. Even if by chance, he/ she gets, it will be at extremely high price i.e premium rates & is likely to have less coverage. So, the person rationally would prefer to protect himself / herself from this huge health expenditure risk, & would protect self & family from catastrophic health costs. He / she would do so by choosing to work for Care Co, which gives generous health insurance to all its employees, by sacrifising higher salary by Apathy giving no health insurance. He/ she is logical as the wage differential is likely to be less than catastrophic health costs

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About the Lagrangian method, select the correct statement: We can use it to solve consumer's utility maximization problems, but
mezya [45]

Answer:

About the Lagrangian method,

We can use it to solve both consumer's utility maximization and firm's cost minimization problems.

Explanation:

Lagrangian method is a mathematical strategy for finding the maxima and the minima of a function subject to equality constraints.  Equality constraints mean that one or more equations have to be satisfied exactly by the chosen values of the variables.  Named after the mathematician, Joseph-Louis Lagrange, the basic idea behind the Lagrangian method is to convert a constrained problem into a Lagrangian function.

8 0
3 years ago
Bravo's complete assets and liabilities are Accounts Receivable $800, Equipment $10,000, Accounts Payable $4,200, Prepaid Rent $
Anettt [7]

Answer:

Total Assets=$13,500

Explanation:

Assets are items which are used by any company or firm for positive economic value production.

In our problem, we have to find total assets.

Given Data:

Accounts Receivable=$800

Equipment=$10,000

Accounts Payable=$4,200

Prepaid Rent=$2,000

Supplies=$400

Bank Loan=$1,600

Tools= $300

Total Assets=Accounts Receivable+Equipment+Prepaid Rent+Supplies+ Tools

Total Assets=$800+$10,000+$2,000+$400+$300

Total Assets=$13,500

8 0
3 years ago
Johnson is an executive vice president at Conecom Hardware. He researches a proposal by a larger company, Openlane Hardware, to
WARRIOR [948]

Answer: Turn down the acquisition offer and prepare to resist a hostile takeover.

Explanation:

Since Johnson analysed the past performance of Openlane hardware and found out that past performance, conducting focus groups, and interviewing Openlane employees, Johnson concludes that the company has poor profit margins, sells shoddy merchandise, and treats customers poorly, then Johnson and Conecom Hardware should turn down the acquisition offer and prepare to resist a hostile takeover.

In this case, the merge between the companies will have a negative impact on Johnson and Conecom hardware due to the fact that the company has a bad reputation already and this can have an effect on Conecom. Therefore, the acquisition offer should be turned down.

5 0
3 years ago
Which of these statements are Red Flags that may signal Colleague
Doss [256]

Financing or consumer fraud is are Red Flags that may signal Colleague involvement in money laundering.

<h3>What is money laundering?</h3>

Money laundering is the using large amounts of money that has been collected or generated through crimes from a source that is clean or legitimate.

Example of money laundering is financing or consumer fraud where consumer is collected duly.

Therefore, financing or consumer fraud is are Red Flags that may signal Colleague involvement in money laundering.

For more details on money laundering here,

brainly.com/question/2588568

5 0
2 years ago
Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 common size percentages for operating ex
Gwar [14]

Answer:

19.8%; 16.8%

Explanation:

In 2016:

Common size percentages for operating expenses:

= (Operating expenses ÷ Net sales) × 100

= (65,960 ÷ $333,800) × 100

= 0.198 × 100

= 19.8%

In 2017:

Common size percentages for operating expenses:

= (Operating expenses ÷ Net sales) × 100

= ($68,440 ÷ $407,400) × 100

= 0.1680 × 100

= 16.8%

Note:

Table is missing in this question, so i have attached the missing table.

6 0
3 years ago
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