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kirill [66]
3 years ago
9

Luke, an HR manager at Ford, argues that health insurance should cost more for smokers or overweight people. Those are personal

choices and we shouldn’t all pay more fees to cover their cost. Matthew says no. Other people have less obvious health risks. We should hang together, instead of dividing up the insurance pool. What principles might cause them to disagree?
Business
1 answer:
Alex787 [66]3 years ago
7 0

Answer:

Luke is probably a libertarian who is a staunch defender of individual rights but also of individual responsibility. For this reason, he thinks that people who are not responsible with their own bodies and either smoke, or get overweight, should pay more for health insurance, because their medical treatment are likely to be more costly.

Matthew is probably a progressive liberal, or a social democrat. He believes that the greater good of society is more important than personal responsibility. He thinks that overweight people or smokers should have a right to health insurance regardless of the state of their bodies.

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2 years ago
What economic concept is applied in this statement?
ycow [4]

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<h3>What are skills? </h3>

Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.

When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.

Therefore, option E positive externality is the correct option for the given statement.

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2 years ago
Nick wants to buy a new car, and is planning to borrow the money for his purchase from a bank. He read in the newspapers that th
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Answer:

True

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Lowering of interest rates by the Fed would have an effect on loans availed by the public. The quantity of loanable funds shall increase which would lead to lowering of interest rates charged by the banks.

In the given case, Nick stands to gain in the sense he can avail car loan at a lower rate of interest than currently offered, if he waits for Fed to implement it's new policies.

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5 0
3 years ago
Joint Cost Cheyenne, Inc. produces three products from a common input. The joint costs for a typical quarter follow: Direct mate
Drupady [299]

Answer:

a. Total revenue from the 3 products:

= $75,000 + $80,000 + $30,000

= $185,000

Total costs at the split-off point:

= $45,000 + $55,000 + $60,000

= $160,000

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= Total revenue - Total costs

= $185,000 - $160,000

= $25,000

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7 0
3 years ago
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romanna [79]

Answer:

transactional

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