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Luda [366]
3 years ago
12

Comparing health insurance policies. Use Worksheet 9.1. Lexi Thomas, a recent college graduate, has decided to accept a job offe

r from a nonprofit organization. She’ll earn $44,000 a year but will receive no employee health benefits. Lexi estimates that her monthly living expenses will be about $2,000 a month, including rent, food, transportation, and clothing. She has no health problems and expects to remain in good health in the near future.
Using the Internet or other resources, gather information about three health insurance policies that Lexi could purchase on her own. Include at least one HMO. Use Worksheet 9.1 to compare the policies’ features. Should Lexi buy health insurance? Why or why not? Assuming that she does decide to purchase health insurance, which of the three policies would you recommend and why?
Business
1 answer:
zzz [600]3 years ago
8 0

Answer:

um can you egsplain that a bit beter please and then i might be able to help

Explanation:

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2 years ago
When the price of candy bars is $1.00, the quantity demanded is 500 per day. When the price falls to $0.80, the quantity demande
Wittaler [7]

Answer:

The demand for candy bars is inelastic

Explanation:

The midpoint rule calculate the price elasticity of demand as percentage change in quantity divided by the percentage change in price:

<u>% change in quantity </u>

\frac{Q_2-Q_1}{ \frac{Q_2 + Q_1}{2} }  \times 100

The quantity demanded increased from 500 to 600. We have

Q_1 = 500 \: and \: Q_2 = 600

\implies \frac{600 - 500}{ \frac{600 + 500}{2} }  \times 100 \\  =  \frac{100}{ \frac{1100}{2} } \\  =  \frac{100}{550} \\  =  \frac{2}{11}

<u>% change in price</u>

\frac{P_2-P_1}{ \frac{P_2 + P_1}{2} }  \times 100

The price changed from 1 dollar to 0.8 dollars.

\frac{0.8 - 1}{ \frac{0.8 + 1}{2} } =  -  \frac{2}{9}

Price elasticity if demand is

\frac{ \frac{2}{11} \%}{  - \frac{2}{9} \%}  =  -  \frac{9}{11}  =  - 0.82

The negative sign tells us that there is an inverse relationship between price and quantity demanded.

Since 0.82 is less than 1, the demand for candy bars is inelastic

5 0
3 years ago
__________ is a growing tool for managers to enhance communication and collaboration in support of empowered or bossless work en
Dafna11 [192]

Answer:

The correct approach will be "Social media ".

Explanation:

  • Social media become web-based communication platforms that always allow the individual to communicate with one another through intelligence sharing as well as consumption.
  • It is an internet-connected communication method whereby the participants build virtual forums to exchange knowledge, ideas, private correspondence, and certain other functionality.
3 0
3 years ago
Why is the interest rate of a loan one of the most important things to consider when shopping around for loans?
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<span>The interest rate can drastically change the total amount paid to the lender</span>
7 0
3 years ago
Read 2 more answers
Monty Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $132,800 Allowance for
creativ13 [48]

Answer: The following journal entries apply:

a) Debit Bad debt expense                                    $32,727.6  

  Credit Allowance for doubtful accounts            $32,727.6

b) Debit Bad debt expense                                    $37,017.6  

  Credit Allowance for doubtful accounts            $37,017.6

Explanation: All the sales revenue are on credit to the tune of $806,700, however, there was sales return and allowance of $51,060, which has to be deducted from credit sales to arrive at the net credit sales of $755,640. This amount would be added to the accounts receivable of $132,800 to arrive at the total accounts receivable of $888,440.

a) 4% of $888,440 is $35,537.6. With credit balance of $2,810 in allowance for doubtful accounts, bad debt expense (addition) is $32,727.6  ($35,537.6 - $2,810).

b) 4% of $888,440 is $35,537.6 and there is a debit balance of $1,480 in allowance for doubtful accounts, bad debt expense (to reinstate allowance account to $35,537.6) is $37,017.6 ($35,537.6 + $1,480).

3 0
3 years ago
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