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3 years ago

What are three factors that affect the cost of homeowner’s insurance?

Business

1 answer:

Inessa05 [86]3 years ago

3 0

Answer:

Concept: Real world Analysis

The place where you live/location: Insurance in California, especially los angeles is far more expensive than say Kansas.
The price and cost of reconstruction: The selling price and the assessed asset value play a huge factor in how much you pay because that's how much your "insured" for.
The amount of the coverage: Say you want part A, Part B, and Part C and you want to maximize the coverage then your cost skyrockets up because the dwelling coverage could go up to 500,000 but then you would have to pay an extra 100 bucks a month.
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A vendor sells hot dogs at $17.00 /piece. For every hot dog he spends $11.23 in the raw material. Additionally he spends $0.90 f

Gemiola [76]

Answer: $4.87

Explanation:

The question is asking for the Contribution margin which is the amount left of the selling price after the variable costs have been deducted.

Contribution margin = Selling price - variable costs

= Selling price - Raw materials - packing costs

= 17 - 11.23 - 0.90

= $4.87

8 0

3 years ago

This monetary policy________the economy's demand for goods and services, leading to_________product prices. In the short run, th

madreJ [45]

Answer:

Increases,.. higher... more.. low.. lower

Explanation:

This monetary policy acts as economic stimulant by increasing the supply of money in the economy, with increased supply come an increase in the economy's demand for goods and services, leading to higher product prices.

Also, In the short run, this positive change in prices induces firms to produce more goods and services.

This, in turn, leads to a low level of unemployment because companies increase their demand for more labour to meet their demand.

In other words, the economy faces a trade-off between inflation and unemployment: Higher inflation leads to lower unemployment.

7 0

3 years ago

When merchandise sold is assumed to be in the order in which the purchases were made, the company is using a.last-in, first-out

klasskru [66]

Answer:

The correct answer is letter "D": first-in, first-out.

Explanation:

A business using the first-in, first-out (FIFO) inventory valuation approach must sell, use or dispose first of all the products it produced or acquired. According to the FIFO process, the most recent assets purchased or generated are those that remain in inventory. Older stock is first removed from inventory.

6 0

3 years ago

A mobile veterinary business, preferred pet care, inc., created a mission statement long before it opened its doors for business

Artemon [7]

I had to look for the options and here is my answer:
Based on the mission of a mobile veterinary business given above, aside from the ones listed, other criteria that should be considered for their mission statement is the description of the customers that they serve and also their social responsibility to the area where they operate since they transfer from one place to another.

5 0

3 years ago

Suppose that borrowing is restricted so that the zero-beta version of the CAPM holds. The expected return on the market portfoli

raketka [301]

Answer:

10.4%

Explanation:

The computation of expected return on a portfolio is shown below:-

Expected return = Risk Free return + 5%Beta ( Market Return - Risk Free return)

= 5% + 0.60 × (17% - 8%)

= 5% + 5.4%

= 10.4%

Therefore for computing the expected return on a portfolio with a beta of .6 we simply applied the above formula.

The market return less risk free return is known as market risk premium

3 0

3 years ago