Answer: c)The actuarially determined amount necessary to cover claims, expenditures, and catastrophic losses.
Explanation:
The Expenditure on the account related to self - insurance activities refers to the amounts that will be deducted from the fund for anything insurance related.
The insurance is meant to cover the claims and unlikely events of catastrophies. Therefore when those things do occur it will be deducted from the service fund to cover those things.
Those along with expenses incurred to maintain the fund will be considered expenses and that is the maximum amounts that can be deducted from the fund.
What has contributed to a shift in the type of skills needed for employees in the U.S. economy is: a. use of computers to do routine tasks.
<h3>What has contributed to a shift in the skills needed for employee</h3>
In the united state of America economy the use of computer system to carried out tasks has contributed to a shift in the skills needed for employee.
Based on the fact people prefer to make use of computer to carried out their assign tasks or day to day tasks thereby saving time.
Therefore the correct option is A.
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Answer: C. equal zero
Explanation:
The mean is average of the portfolio which means that some securities will be more than the mean and some will be less.
Some deviations will be positive, others will be negative.
When these deviations are added together, the negative deviations will cancel out the positive deviations which will lead to the average deviations being 0.
Answer:
Apple's price/marginal cost ratio, Lerner index, and the elasticity of demand is 3.76, 2.76 and - 0.36 respectively.
Explanation:
a. The computation of apple's price/ marginal cost ratio is shown below:
Price/ marginal cost ratio = Price ÷ cost
= $331 ÷ $88 = 3.76
b. The computation of Lerner index formula is shown below:
Lerner index = (Price - marginal cost) ÷ price
= ($331 - $88) ÷ $88
= $243 ÷ $88
= 2.76
c. The computation of elasticity of demand is shown below
Elasticity of demand = - 1 ÷ Lerner index
= - 1 ÷ 2.76
= - 0.36
Hence, apple's price/marginal cost ratio, Lerner index, and the elasticity of demand is 3.76, 2.76 and - 0.36 respectively.
Answer:
When Terry fed her dog, she noticed that only one can of Alpo Beef Chunk Dinner remained. Since it was the only kind her aging dog ate, she stopped at the supermarket and bought a case of Alpo Beef Chunk Dinner dog food. She used habitual decision making process to replenish her stock of can.
Explanation:
As we have seen that Terry feeds her dog with only Alpo Beef Chunk, she don't consider any other option, product and brand, therefore, she needs very less search and almost no evaluation of any other option available in this product category. In this kind of decision making consumers needs very less information about the product because they know what they are going to purchase and they are very less bothered about the other options. Consumers feel almost no frustration in searching for the information and looking into the shelves for the other brands, they just go straight to the racks and pick their products up. Consumers saves their time by using this kind of decision making. In this kind of decision making, human brain form certain patterns, develop habits and therefore, saves energy.