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Zarrin [17]
3 years ago
12

Ersatz Beneficial Insurance wants to estimate the cost of damage to cars due to accidents. The standard deviation of the cost is

known to be $200. They want to estimate the mean cost using a 95 percent confidence interval within ±$10. What is the minimum sample size n? a. 1083 b. 4002 c. 1537 d. 2301
Business
1 answer:
nikklg [1K]3 years ago
8 0

Answer:

c. 1537

Explanation:

Please see attachment

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The demand curve faced by a nondiscriminating pure monopoly is _____.
seraphim [82]

Answer: The same as the industry's demand curve

Explanation:

 The demand curve faced by a non discriminating pure monopoly is same as the industry demand curve as, the monopoly facing the demand curve of the industry in the form of the downward sloping demand curve so that the monopolist increased its output demand. A non discriminating monopolist determined the demand curved and ultimately determined the price which are willing for pay.  

7 0
3 years ago
True or false. Unemployment compensation is generally unavailable for people who quite a job without good cause
Delicious77 [7]

Answer:

true;  unemployment compensation is generally unavailable for people who quite a job without good cause

Explanation:

6 0
3 years ago
TechSmart employees receive annual pay raises and stock allocations on the basis of performance evaluations that assess individu
Goryan [66]

TechSmart managers are implementing distributive justice.

<h3>What is distributive justice?</h3>

Employees experience distributive justice when they think that results are fair. These results can be measurable, like pay, or intangible, like appreciative remarks. In the event that staff members feel fairly compensated or handled, distributive justice is achieved. When equal effort does not result in equal rewards or when a person or group obtains an excessive amount of goods, distributive justice is lacking.

When equals enjoy the same distribution of benefits, distributive justice has unquestionably been attained. In a constitutional democracy, governmental policies that guarantee social security or healthcare to all retirees and the old are examples of distributive justice.

Learn more about distributive justice here:

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7 0
2 years ago
Suppose that the risk-free rate is 5% and that the market risk premium is 7%. What is the required return on (1) the market, (2)
Nesterboy [21]

Answer:

1.

r market = 0.12 or 12%

2.

r stock = 0.12 or 12%

3.

r Stock = 0.169 or 16.9%

Explanation:

The required rate of return can be calculated using the CAPM or Capital asset pricing model equation. The formula for required rate of return under this model is,

r = rRF + Beta * rpM

Where,

  • rRF is the risk free rate
  • rpM is the risk premium on market
  • r represents the required rate of return

1.

The beta of the market is always considered to be 1. Thus, the required rate of return on market would be,

r market = 0.05 + 1 * 0.07

r market = 0.12 or 12%

2.

For a stock whose beta is 1.0, the required rate of return would be same as that for market. So, the required rate of return for a stock with a beta of 1.0 is,

r Stock = 0.05 + 1 * 0.07

r Stock = 0.12 or 12%

3.

The required rate of return for a stock with a beta of 1.7 is,

r Stock = 0.05 + 1.7 * 0.07

r Stock = 0.169 or 16.9%

3 0
3 years ago
The marginal product of an input is the addition to total output due to the addition of the last unit of an input, holding all o
Harman [31]

Answer:

is the addition to total output due to the addition of the last unit of an input, holding all other inputs constant.

Explanation:

The marginal product of an input is the change in total output as a result of the change in output by 1 unit

For example, the table below is the total product of labour

amount of labour output

1                                 10

2                                20

3                                40

the marginal product of the 3rd worker = (40 - 20) / (3 - 2) = 20

marginal product of the second worker = (20 - 10) / (2 -1 ) = 10

Average output = total output / labour

6 0
3 years ago
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