When the insurance company want a plan with a deductible of $4,000, they need to charge a minimum of $18000 for premiums.
<h3>What is a deductible?</h3>
It should be noted that a deductible simply means the amount of money that is paid out of the pocket of the policy holder.
From the information given, each accident costs $18,000 on average. Therefore, this is the minimum amount of premium.
When they want a plan with a premium of $1,000, the amount that they'll need to charge for deductibles will be:
= (4000/18000) × 1000
= $220
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Yes an analysis can determine the investment therefore the answer is true
Answer:
The second picture is i think your overall popularity, Brainiest, and total thanks
I don't know about the first picture
Explanation:
The options to fill in the gaps for the Long-run macroeconomic equilibrium are:
- equals
- intersects as a point on
<h3>What is macroeconomic equilibrium?</h3>
Macroeconomic equilibrium is an equilibrium situation that occurs when the quantities of the real GDP demanded equals the real GDP supplied at the point of intersection of the AD curve and the AS curve.
Long-run macroeconomic equilibrium occurs when aggregate demand equals short-run aggregate supply and they intersects as a point on the long-run supply curve.
In conclusion, Long-run macroeconomic equilibrium results in equilibrium of demand and supply of GDP.
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Answer:
Insurrance
Explanation:
hes protecting their homes from natural cuases