Answer:
payback period is 5 years
Explanation:
given data
net initial investment = $2000000
annual cash inflow = $400000
useful life = 8 year
to find out
payback period
solution
we know here initial investment of equipment and cash inflow increase
so here payback period will be express as
payback period = net investment / cash inflow ..............1
put here value in equation 1
payback period = net investment / cash inflow
payback period = 2000000 / 400000
payback period = 5
so payback period is 5 years
Answer:
D.All of the above are correct.
Explanation:
Moral hazard is when people have an incentive to engage in risky behaviours when the person is protected against the consequences of such risky behaviour. Moral hazard can arise in health insurance because once insured, a person has less incentive to adopt a healthy lifestyle.
Adverse selection occurs due to asymmetry of information; when one party in a transaction has more information than the other party. An example of adverse selection In insurance - people who have dangerous jobs are more likely to purchase insurance when compared with people with relatively safer jobs. Adverse selection in health insurance is when healthiest people choose to be uninsured, at least during their younger years and become insured when they are getting older and more sickly.
I hope my answer helps you.
Answer:
A. reflects the enjoyment a consumer receives from consuming a particular set of goods and services
Explanation:
When modeling consumer behavior, utility reflects the enjoyment a consumer receives from consuming a particular set of goods and services
Remember basic design principles. ...
Get creative within the constraints. ...
Avoid common pitfalls. ...
Use special finishes. ...
Cut into your card. ...
Try out unusual materials. ...
07. Make it useful. ...
08. Make your own.
The budget process makes fiscal policy difficult to implement because
<span>---The budget process begins a year and a half before the budget is implemented, and this will make it difficult to know what type of fiscal policy will be needed because it requires us to predict the problem and opportunities that arise during the operation.
---Many budget decisions are made for political reasons , because many politicians was appointed by interest groups that controlled by big companies.
---Nearly two-thirds of the budget is mandated by federal programs and cannot be easily changed, even if it could be changed, the cost could outweihgt the benefit.</span>