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Answer:
Insurance companies manages risk by balancing the low-risk drivers and the high-risk drivers. Insurance would charge higher rates for high risk drivers.
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Explanation:
Insurance companies manages risk by sorting out the people who have a lower chance of risking a crash, with people who have a higher chance of risking a crash. They do this by charging low rates to the people that have a lower chance of causing a risk. They charge them low because they are trustworthy, and don't need to rack up a lot of money quick if they ever get into a crash. Remember, insurance makes people pay monthly so they could use that money in a accident.
But, this is different for people with higher risk. People that have a high risk of getting into an accident would be charged with a higher rate than people with lower risk. Insurance companies charge them with higher rates because since higher risk drivers get are more likely to get into an accident, insurance companies want to make sure that they can get the money for the accident as soon as possible. Insurance companies are the ones that pay for the accident, and that's why most places require you to have insurance while you drive.
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Answer:
Manisha's economic profits are - $5,000.
Explanation:
Manisha could work for another firm making $10,000 per month, but she decides to open her gourmet cheese store and pay herself $2,000 per month.
In her first month of operations, she spends $6,000 on cheese, $1,000 on other items, and $2,500 on rent.
She had a great opening month and brought in revenues of $14,500.
The economic profits
= Total revenue - (Implicit costs + explicit costs)
= $14,500 - ($10,000 + $6,000 + $1,000 + $2,500)
= $14,500 - $19,500
= - $5,000
Answer:
Option (D) is correct.
Explanation:
Given that,
Revenue on account = $54,000
Cash collections of accounts receivable = $2,300
Expenses for the period = $52,100
company paid dividends = $450
Net income for the period:
= Revenue on account - Expenses for the period
= $54,000 - $52,100
= $1,900
Therefore, the net income for the period is $1,900.
Answer:
music, art, library, Spanish, pe
Explanation:
music has to be first because it isnt mentioned after anything. then art because its before library, then library because its after art but before pe, then Spanish because its after music but the day before pe, then pe because it's the day after spanish
Answer:
B
Explanation:
Obtain informed consent from the patient and ensure that reasonable patient protection measures are followed.
