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stira [4]
3 years ago
11

An insurance company will only sell its Select policy to people for whom the probability of a stroke in the next ten years is le

ss than .01. If a smoker with a systolic blood pressure of 230 applies for a Select policy, under what condition will the company sell him the policy if it adheres to this standard?
Business
1 answer:
Arturiano [62]3 years ago
7 0

Answer:

The insurance company would only sell the Select Policy insurance to a smoker with systolic blood pressure of 230 if after carrying out a medical test, t was found out that, the probability of him or her having a stroke is actually less than 0.01.

<em>This is to insure that, the smoker didn't capitalise on his dying nature in-order to obtained the insurance thereby defrauding the insurance company.</em>

Explanation:

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Suggest any three threats which businesses face as a result of climate change ?
Burka [1]

Climate change happens because of global warming, which is the result of over accumulated Carbon dioxide in the atmosphere trapping the sun’s rays in the earth. This is a threat in business because (1) any business related to carbon (oil, gas, electricity, etc) will be lessened, (2) <span>Different weather conditions, may damages buildings and other infrastructures and (3) might receive public threats questioning the company’s safety precautions.</span>

<span> </span>

8 0
3 years ago
Production and sales estimates for March for the Robin Co. are as follows:Estimated inventory (units), March 1 18,000Desired inv
VladimirAG [237]

Answer:

No of units manufactured = No. of units sold + Closing units - Opening units

= 24000 + 21600 - 18000= 27600

Total selling expenses for february:

1. Sales commission = $ 700000 * 5% = $ 35000

Sales manager salary = $ 96000

Advertisement = $ 90000

Shipping charges = $ 14000

Misc selling expenses = $ 2500 + $ 3500 = $ 6000

Total selling expenses = $ 6000 +$ 14000 $ 90000 + $ 96000 + $ 35000 = $ 241000

Explanation:

3 0
3 years ago
The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current year:Preferred 2
SIZIF [17.4K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
3 0
3 years ago
According to most​ economists, is it a serious shortcoming of GDP that it does not count household production or production in t
Ghella [55]
<h2>No. "Household production" does not contribute much to the GDP.</h2>

Explanation:

To arrive at the reason, first we need to understand the term "GDP" and "shortcoming"

Shortcoming means failure to meet certain expectations.

GDP: It is the snapshot of the economy which speaks about the production in certain period.

Since the household production does not come under market transaction and since GDP involves only market transaction, household production cannot be considered and thus it is not a serious reason for shortcoming of GDP.

5 0
3 years ago
A. Stockbrokers execute trades on the floor of the New York Stock Exchange on behalf of account executives. B. Stockbrokers are
Lilit [14]

Answer:

The correct answer is A. Stockbrokers execute trades on the floor of the New York Stock Exchange on behalf of account executives.

Explanation:

The main function of a stockbroker is to provide advice to other people who do not have the necessary experience to carry out operations in the different financial markets. The stockbroker stands out for having extensive knowledge in finance and fulfilling an active and important role in the stock market. You could say that the stockbroker acts as an intermediary, that is, a person who is between the broker and the investor who is interested in buying or selling.

The stockbroker guides and advises its clients in finance so that they can obtain the best possible returns. It is also responsible for managing purchases and other operations performed by its customers. Then it can be said that the work cycle of a broker begins when one of its clients buys an asset, and ends when it sells it and definitively closes the operation.

8 0
3 years ago
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