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Hoochie [10]
3 years ago
7

Moral hazard is a situation when a. contract terms attract parties that have a higher preference for risk b. contract terms ince

ntivize applications of worse customers and repels better ones because of generous variable benefits, but high fixed-costs c. contract terms incentivize one party to take on more risk because they don't carry the full cost of the risk d. contract terms repel parties that have a lower preference for risk
Business
1 answer:
monitta3 years ago
5 0

Answer:

contract terms incentivize one party to take on more risk because they don't carry the full cost of the risk

Explanation:

A moral hazard can be understood as the concept that a participant that is sheltered from danger in some manner will behave significantly than if they were not.

Every day, we see moral hazard in the form of established academics who remain apathetic presenters, individuals who have burglary insurance who are less attentive about where they parked, compensated workers who take long vacations, and etc.

Thus, from the above we can conclude that the correct option is C.

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Given the mixed cost formula, Y = $16,000 + $3.40X, total cost for an activity level of 4,000 units would be:
Katyanochek1 [597]

Answer:

D) $29,600

Explanation:

The mixed cost formula gives the relationship between the cost and the level of activities. It shows the cost as a function of the activity level.

The formula also shows that the cost is made up of a fixed element ($16,000) and a variable element ($3,40X).

Hence at an activity level of 4000 units,

Y = $16,000 + $3.40(4000)

= $29,600

7 0
3 years ago
Katelyn, a millennial, is conducting her job search. She wants to work for a company that cares not only about its people, but a
AnnyKZ [126]
<h2>"Social audit documents" will give Katelyn the information about how socially the company has involved to protect the planet and people.</h2>

Explanation:

Let us understand what a social audit is.

  • It is an official evaluation about the involvement in social responsibility projects by the organization.
  • It creates an impact on the governance.
  • This prevents public relations crises associated with ethical or legal misconduct.
  • Narrow gaps between vision and reality.
  • It enters into action when there is no equal employment opportunity, when the environmental quality gets affected, etc.

The social activities that it includes are:

  • volunteer events
  • work environment
  • employees wages
  • utilization of energy
  • charitable contributions

7 0
3 years ago
How is the value of a product determined?
svetoff [14.1K]

Answer:

One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.

5 0
3 years ago
Explain the roles of monetary and fiscal policy in causing and ending hyperinflation.
german

Answer:

Explanation:

Hyperinflation occurs when the prices of goods and services increases very rapidly. This situation is stirred up when the federal government in a country prints more money in order to finance their fiscal budget, this leads to increase in price coupled with inflation, this is as a result of increase in the supply of money.

The government is supposed to secure the supply of money in order to reduce inflation instead of printing more money. Consumers that understands what this means anticipates increase in price, this makes them buy more before the eventual increase in price.

Note that during hyperinflation debtors benefits, because their debt becomes worthless due to increase in price.

3 0
4 years ago
Which is an easy-to-read, monthly statement that clearly lists medicare claims information?.
IgorC [24]

An easy-to-read, monthly statement, that clearly lists medicare claims information is a Medicare summary notice.

<h3>What is a Medicare summary notice?</h3>

MSN is a statement received by the people with Original Medicare recipients every three months in the mail for services covered by Medicare Part A and Part B.

It is a system that notifies consumers about  Medicare benefit decisions. You will not receive an MSN for that 3-month period if you do not receive any services or emergency aid during that time.

This notification might assist you in keeping track of your and in expenses and ensuring that you were correctly invoiced for the treatments you experienced.

It also helps to compare the information on your notification with the healthcare providers', statements, and receipts.

Learn more about the Medicare summary notice, here:

brainly.com/question/24225728

#SPJ1

8 0
2 years ago
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