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Reil [10]
4 years ago
8

Which best describes the purpose of insurance for the insured?

Business
1 answer:
denis23 [38]4 years ago
5 0

Answer:

Insurance helps provide coverage for the insured item.

I hope this helped!

You might be interested in
When managers and employees within the same department are brought together in cross-functional teams to solve particular proble
katen-ka-za [31]
Yes. This is a team-based design since managers and employees are being grouped into teams in order to solve certain problems. They help hand in hand in coming up to a solution. Hope this answers the question. Have a nice day.
3 0
4 years ago
If demand decreases and supply increases, the direction of change in the equilibrium quantity is un-predictable unless the relat
Elodia [21]

Answer:

The correct answer is option A.

Explanation:

A decrease in the demand for a product will cause the demand curve to shift to the left. At the same time, an increase in the supply of the product will cause the supply curve to shift to the right.  

In such a situation the change in the equilibrium quantity cannot be predicted. It depends on the magnitude of change in demand and supply.  

If the proportionate decrease in demand is more than the increase in the supply of the product, the equilibrium quantity will decrease.

If the increase in supply is more than the decrease in demand, the equilibrium quantity will increase.

If the proportionate increase in supply is equal to a proportionate decrease in demand, the equilibrium quantity will remain the same.

5 0
4 years ago
What is the movement of an economy from one condition to another and back again
pav-90 [236]

The business cycle is the movement of an economy from one condition to another and back again. The business cycle is also known as the economic cycle or trade cycle. This cycle represents the movement of resources from one end and their comeback at the same end after revolving. It can be understood as a businessman invests money in the business in the form of costs and the money comes back in the form of revenue or sales.


Hence the answer is the <u>Economic cycle</u>


3 0
3 years ago
Tangible resources includea. technological assets such as patents, copyrights, and innovation technologies. b. relationships suc
KATRIN_1 [288]

Answer:

The correct answer is letter "A": technological assets such as patents, copyrights, and innovation technologies.

Explanation:

Tangible resources are property owned by a business that can usually be touched. All of them have a determined monetary value. Examples include furniture and chairs, computer hardware, delivery equipment, and inventory. Tangible assets are what a company uses to operate the business, not including human assets.

<em>Thus, patents, copyrights, and innovation technology can be considered tangible assets.</em>

5 0
3 years ago
For tax reasons, your client wishes to purchase an annuity that pays $80,000 each year for 6 years, with the first payment in on
tatyana61 [14]

Answer:

$369,830.37

Explanation:

Present value can be calculated using a financial calculator

Cash flow from year  1 to 6 = 80,000

i = 8%

pv = $369,830.37

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
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