William pays $500 every 6 months as a premium on his car insurance with collision coverage. If William were to get in an accident and file a claim, he would pay $750 as a deductible and the insurance would cover the cost of repairs to the vehicles. When you file a claim against your insurance, your next set of premiums typically rise in the event it were to happen again, it brings in more money to the insurance agency. Since William’s car is $700 to fix and the other drivers car is $1,100 to fix if William does not file a claim with his insurance, he will pay an out-of-pocket amount of $1,100 to have the other car repaired.
Answer:
d. decrease, increase
Explanation:
A simultaneous increase in supply and decrease in demand for HD tvs would lead to an excess of supply of demand and equilibrium quantity would increase and equilibrium price would fall.
An increase in supply for HD tvs would shift the supply curve to the right . A decrease in the demand for HD tvs would shift the demand curve to the left.
Check the attached image for a graph showing the effect of a simultaneous increase in supply and decrease in demand for HD tvs on equilibrium price and quantity.
I hope my answer helps you.
Answer:
0.004%
Explanation:
The desired ROI per paid of shoes can be calculated using the following formula:
ROI per pair of shoes = ROI / Number of units sold
By putting values we have:
ROI per pair of shoes = 20% / 5000 pairs = 0.004%
This is the return that every shoe pair must achieve to achieve 20% ROI on aggregating.