Answer:
Changes that would increase Susie’s limits the most without increasing her monthly premium by more than $5.00 is Option C: Increase coverage on bodily injury to $100/300,000 and on property damage to $50,000.
Explanation:
Lower coverage does not necessarily means lower premiums.
Premium is the amount of one makes to keep his insurance policy active. Lower coverage would mean lower premium but that means there would be a few restrictions on the insurance policy while covering that policy.
Full coverage policies of the vehicle not only covers the liabilities but also the damage that occurs to the car.
If Susie increases the 'coverage' on the injury of the body to '$100/300,000' and on property damage to '$50,000', then her monthly premium would not increase from more than $5.00.
Answer:
True
Explanation:
A more precise way to describe the situation is that Joe's pizza parlor is a monopolistic competition. But that definition considers that all 'food' items have some degree of close substitute relation.
But yes, if you consider this two conditions:
- a broad definition of monopoly
- other restaurants are not considered close substitutes for the food sold at the pizza parlor
Then yes, Joe has monopoly
Answer: Customer Satisfaction.
Explanation:
The car company aims at satisfying their customers, because the company is not really concerned about high sales, but in making sure that each car made available to the market meets the quality standard that the car company is known for. As more quality cars are produced, the more satisfied the customers would be.
Answer:
$10,250
Explanation:
Given that
Automobile sold = 1,476,000 yen or $8,200
Exchange rate per dollar = 144 yen
The computation of car selling for today is given below:-
In 2010, Selling Price
= 1,476,000 ÷ $8,200
= $180 per yen
For Today, Selling Price
= 1,476,000 ÷ $10,250
= $ 144 per yen
So,
144 yen = 1 yen
= 1,476,000 ÷ 144
= $10,250
Answer:
b. Has unlimited liability for its partners.
Explanation:
Both partnerships and sole proprietorships are very common forms of business, are relatively easy to create, and they are both pass through entities, but they also have a commons disadvantage: their owners are personally for the business' obligations. That means taht if things go wrong, their owners will have to use their other personal assets to covers for any liabilities.