Answer: Individuals benefit from health insurance because it's helps them pay off health debt when they may not have the funds at the moment to do so, especially in cases where the bills can be very expensive.
Explanation:
Health insurance could be described as insurance that covers the health bills of individuals when they are sick or have an accident.
Individuals benefit from health insurance because it's helps them pay off health debt when they may not have the funds at the moment to do so, especially in cases where the bills can be very expensive.
Health insurance would likely be a problem in the future due to the cost. Health bills can be very expensive, especially when it involves illness that require lots of operations or much bills to pay. This has made organizations begin to withdraw the benefits of health insurance for their staff.
We have to calculate the amount of the sales taxes owed to a taxing agency.
The tax rate is 5% ( 0.05 ) and the balance in the sales revenue account amounted to $294,000.
$294,000 * 0.05 = $14,700
Answer:
Amount of the sales taxes is B ) $14,700.
At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, the monopolist should keep the price at same level in order to maximize profits.
For increasing the profits the monopolist should increase the marginal revenue to $8 so that the mr =mc.
Every firm follows the rule of profit maximization. In this rule marginal cost is equal to the marginal revenue and the MR intersects the MC curve the profit will be the maximum at this level.
The marginal cost of production and marginal revenue are the economic measures which are used to determine the amount of output and the price per unit of a product that will maximize profits.
To know more about marginal revenue here:
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Answer: a. Are considered mostly ineffective compared to mobile advertising or social media promotions.
Explanation:
Customer acquisition techniques refers to the strategies that are helps in the identification of the potential leads which are then converted into active customers. Such techniques include personalized offer design, automated email marketing etc.
As a customer acquisition technique, events are considered mostly ineffective compared to mobile advertising or social media promotions.
