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shusha [124]
4 years ago
13

Scatterbrain Samantha often forgets to lock her house. This has caused the probability of a burglary to be 30%. If her house get

s broken into, she faces a property loss of $10,000, otherwise she gets to keep her $100,000. If Samantha is offered full coverage for her house at $1,500, what is her expected wealth with the insurance policy
Business
1 answer:
-Dominant- [34]4 years ago
3 0

Answer:

$98,500

Explanation:

The computation of her expected wealth with the insurance policy is shown below:

= Amount keeps with her - offered amount with respect to the  full coverage for her house

= $100,000 - $1,500

= $98,500

Hence, the expected wealth of Samantha with the insurance policy is $98,500

All other information i.e mentioned in the question is to be ignored as it is not to be considered

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A worker is indifferent between job one lasting 4 hours a day, job two lasting 8 hours a day, and job three lasting 12 hours a d
Tomtit [17]

Answer:

both (a) and (b) are true

That is:

a. job one pays less per day but more per hour.

b. job three pays more per day and more per hour.

Explanation:

An indifference curve is one that shows all combinations of a good or activity that gives the same level of satisfaction to the consumer, and so the consumer is indifferent.

In this instance the worker is indifferent between job one lasting 4 hours a day, job two lasting 8 hours a day (pays $10 an hour), and job three lasting 12 hours a day.

For the worker to be indifferent job one must pay more per hour and less per day. Whole job 3 wi pay more per day and more per hour.

6 0
4 years ago
Which is true about what a customer typically expects from a support technician?
vodomira [7]
<span>A customer expects a support technician to be knowledgeable, patient, and friendly. The support technician must be knowledgeable to the degree that they solve the issue at hand, but can also give basic information to a customer.</span>
3 0
3 years ago
Real GDPa.is the current dollar value of all goods produced by the citizens of an economy within a given time. b.measures econom
Gre4nikov [31]

Answer:all of the above are Correct (D)

Explanation:

Real GDP is a macro economic statistics that measure the value of the goods and services produced by an economy in a specific period , adjusted for inflation. Government use both minimal and real GDP as metrics for analyzing economic growth and purchasing power over time.

3 0
3 years ago
Happy Home Products produces detergents, toothpaste, bar soap, disposable diapers, and paper products. This company has a produc
ELEN [110]

Answer:

Width

Explanation:

According to my research on the different terminology used by Retail companies in manufacturing, I can say that this company (Happy Home Products) has a product width of five lines. Product Width is defined as the number of separate product lines offered by a certain company. In the case of Happy Home Products the product width would be detergents, toothpaste, bar soap, disposable diapers, and paper products.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Top notch consultants ltd has a fixed cost is sh 15000 for it's products and a variable cost given by 140+0.04x shillings per un
S_A_V [24]

Answer:

F(x) = 15000 + (140 + 0.04x)

F(x) = 300 - 6x

15000 ÷ (300 - 6x - (140 + 0.04x))

Explanation:

Given that :

Fixed cost = 15000

Variable cost = 140+0.04x

Selling price = 300 - 6x

Number of units = x

Total cost :

Fixed cost + variable cost

15000 + (140 + 0.04x)

Total revenue :

300 - 6x

F(x) = 300 - 6x

Break even point :

Total cost = total revenue

Break even point (units) :

Fixed cost ÷ (selling price per unit - variable cost per unit)

15000 ÷ (300 - 6x - (140 + 0.04x))

3 0
4 years ago
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