1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Crank
3 years ago
8

Why is it important for insurance companies to have a large pool of people paying premiums?

Business
1 answer:
Sloan [31]3 years ago
7 0

Answer:

The premium payments of all the insured clients will cover the costs for the emergencies of the few who need it. The more people that pay premiums, the less likely each insured client will experience an emergency.

You might be interested in
What is the problem with companies pursuing patents specifically to hinder, or prevent, competition?
Alekssandra [29.7K]

Answer:According to the article, when companies earn patents specifically to prevent competition, it hinders the innovation of products that might actually be better. For instance, Bruce Nolop describes how his company had to pay more attention to the "minefield of existing patents than on the expected value that we could bring to customers." Rosabeth Moss Kanter suggests a "use it or lose it" solution to this problem. She thinks that a company that patents an item would be forced to use the patented idea or product or risk losing the patent. This idea would encourage more competition and prevent patent abuse.

Explanation:

3 0
3 years ago
A financial services firm routinely processes a large volume of account change requests. A Lean Six Sigma team wants to understa
Harrizon [31]

Answer:

E) 1920

Explanation:

The computation of  the maximum items in process is shown below:

=  Number of maximum target cycle time ×  normal processing rate per minute × number of minutes in one hour

= 16 hours × 2 × 60 minutes

= 1,920

Simple we multiply the all items which are given in the question, so that the accurate value can come i.e maximum target cycle time, normal processing rate per minute and the number of minutes in one hour

3 0
3 years ago
If you want to prevent any disputes about the application of the parol evidence rule, what should you do?
Scilla [17]

Answer:

Refrain from introducing evidence of prior oral agreements that occurred before or while the agreement was being reduced to its final form in order to alter the terms of the existing contract and you will have no disputes.

Cheers!

3 0
3 years ago
Read 2 more answers
Tidwell Company has provided the following partial comparative balance sheets and the income statement for 20X2.
VARVARA [1.3K]

Answer:

here for points

Explanation:

3 0
3 years ago
Market value per share is:
vesna_86 [32]

Answer:

The answer is a. Market value per share is the price at which a stock is bought and sold.

Explanation:

For shares that are listed in the stock exchange, the market value per share is the price of share at which share is currently traded. In other words, this is the fair value of the share and at this price, share can be readily sold or bought.

(b) is not correct because it describes the commitment (usually made by an investment bank) to purchase newly issued shares at predetermined price when those shares are not purchased by other investors in the market.

(c) describes a type of stock rather than the definition of market value per share.

(d) describes Preemptive right rather than the definition of market value per share.

6 0
3 years ago
Other questions:
  • The Minton Company has gathered the following information for a unit of its most popular product: Direct materials $ 7 Direct la
    14·1 answer
  • Trent is having trouble answering some of the questions the interviewer is asking him. Trent could have prevented this by:
    9·1 answer
  • What part of a check is the least important
    10·2 answers
  • Simon and his managers are discussing the unemployment, inflation, and interest-rate trends that might affect their chain of san
    13·1 answer
  • Who pleads with big business to hire again in great depression?
    5·2 answers
  • What is the name of the food production strategy, which is characterized by "slash and burn, swidden agricultural techniques use
    11·1 answer
  • Mueller Company sold merchandise costing $120,000 for $240,000. Mueller estimates that merchandise costing $5,000 will be return
    12·1 answer
  • Dave brags to his dad that his $45,000 starting salary as a computer programmer is much higher than his dad's $28,000 starting s
    9·2 answers
  • Mimi is granted a license to sell her unique Spirit Pins at local high school lacrosse games. When Mimi prices her pins at $10,
    6·1 answer
  • What type of living cost in the u. S. Rose a record 17 percent over the last year, as home prices and construction costs surged
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!