Answer:
$1,150
Explanation:
Domingo first has to pay the deductible ($500), then the copay ($50) and finally he must pay for 20% of the medical expenses resulting from the accident (= $3,000 x 20% = $600). So Domingo's total expenses will be = $500 + $50 + $600 = $1,150
The deductible is a fixed amount that needs to be paid by the insured before the insurance company starts to pay its share of medical bills.
The copay is a fixed amount paid for each health care service provided.
The 80/20 provisions means that the insured is responsible for paying 20% of the medical expenses.
Answer:
The correct answer is the option D: the equilibrium price of MP3 players will increase; the equilibrium quantity will decrease.
Explanation:
First of all, the supply and demand curves are the graphical representation of the price and the quantity demanded and supplied respectively in each case. Moreover, in the graphic when both curves are in equilibrim that means that there is a single point in where the price and the quantity are established together for the market. Furthermore, when there is a shift of any curve that point will be changed so when there is a shift in the demand curve to the right the price will increase and the quantity will increase but if there is a shift in the supply change to the left and that shift is greater then the price will increase but the quantity will decrease.
Answer:
$36,000
Explanation:
Calculation to determine what the segment margin for Product P was
Using this formula
Net operating profit= (Segment margin Q + Segment margin P) - Common fixed expenses
Let plug in the formula
28,000= (52,000 + segment margin P) -60,000
88,000= 52,000 + segment margin P
36,000= segment margin P
Therefore the segment margin for Product P was:$36,000
<u>Full question:</u>
Shawn is a regional sales manager of a popular fortnightly magazine. He sets targets for and reviews the performances of the sales representatives of his region. Changes in marketing strategies mandated by the magazine's headquarters authorized Shawn to be solely responsible to bring about the necessary changes in his region. In the given scenario, Shawn is most likely a _____.
A) middle manager
B) team leader
C) first-line manager
D) top manager
<u>Answer:</u>
In the given scenario, Shawn is most likely a middle manager
<u>Explanation:</u>
Middle managers deal with intent perspective and department-level decision making. Middle managers are accountable for each of the areas, as properly as for specific units inside the functional lines. Middle managers are responsible to top management for their department’s function.
They control lower-level managers and encourage them to work better. General managers, branch managers, department managers are all instances of middle-level managers. Middle managers require information from high to know what the plan is and erudition from beneath to track growth and contemporary conditions.
