Answer: A. You would raise your policy premium substantially and Sam would not accept because he doesn't know about the Japanese.
Explanation:
In such a scenario as the one described above, the best option as an Insurance Agent is indeed to raise premiums substantially.
As the Japanese will most probably get to market first with the new Mayonnaise Substitute, they will have the rights to it's invention and could even patent it.
This means that Sam and SCAM will most likely suffer a loss as a result of this.
As there is such a high chance of loss, charging a substantially higher premium to enable coverage is only logical and makes business sense.
Sam does not know however that the Japanese are so far ahead and having rejected a substantially lower offer, will reject the newer, substantially higher one as well.
Answer:
The correct answer is B) vault cash plus deposits with Federal Reserve banks minus required reserves.
Explanation:
Excess reserves refer to capital reserves held by a financial institution or institution in addition to what is required or regulated by regulatory entities or other internal controls in the countries. This practice allows them to handle external situations that affect the market, or allocate it to other items to generate profitability.
Answer: Normal good
Explanation:
A normal good is a good that has a positive correlation between its income and demand. This means that for a normal good, an increase in income will lead to an increase in the demand for the good while a reduction in income will also lead to a reduction in the demand for the good.
Cassandra bought 16 clothes when her income was $40000 but when her income reduced to $35000, she bought less of the good. That means that the cotton blouses bought by Cassandra are normal good.
Answer:
$13,000,000
Explanation:
Given that,
Total Book Value of Equity = $20,000,000
Common stock outstanding = 1,000,000 shares
Selling price per share = $33.00
Market value of equity:
= Selling price per share × Shares outstanding
= $33.00 × 1,000,000
= $33,000,000
O'Brien's MVA:
= Market value of equity - Total Book Value of Equity
= $33,000,000 - $20,000,000
= $13,000,000
So first you know that if a is apple pies and b is blueberry that
$460=11a+13b in terms of price and you also know that the number
a+b=38
I solved that for either a or b (I chose a)
So
A=38-b
Them I plugged it in to the money equation to solve for b
460=11(38-b)+13b
460=418-11b+13b
460=418+2b
42=2b
B=21
Therefore you can do 38(total pies)-21(what b equals) to find the apple pies which would be 17 so a=17
Therefore the answer is B (17 apple and 21 blueberry)
