Answer:
An insurance contract, like the ISO policy Harry purchased, has certain additional characteristics other than those of typical valid contracts.
Explanation:
Which one of the following is true for Harry?
Select one
A. An insurance contract, like the ISO policy Harry purchased, has certain additional characteristics other than those of typical valid contracts.
B. Harry understands his policy is modular one, combining various coverage forms and other documents especially tailored to his needs.
C. Harry can rest assured that if his new car is a total loss, he can expect to make a profit while being restored to his pre-loss financial position
D. As the policy is a contract of utmost good faith, both his insurer and his agent are the parties expected to be ethical in their dealings with one another.
Answer:
1: A fixed resource is any resource that will always be available with a room arrangement where as Variable resources are electricity producers whose output amount and availability can vary due to the nature of fuel being used - for example, wind, solar, or run-of-river hydro. .
2: The short run is a period of time in which the quantity of at least one input is fixed and the quantities of the other inputs can be varied where as the long run is a period of time in which the quantities of all inputs can be varied.
Explanation:
hope it helps!
Answer:
Hi how are they .how Many children do you have
Answer:
Total Deposits = $4937.5 billion
Explanation:
given data
currently in reserves = $400 billion
reserve requirement = 8 percent
reserves amount = $5 billion
solution
first we get here Minimum Required Reserves that is express as
Minimum Required Reserves = Current Reserves - Excess Reserves .........................1
put here value we get
Minimum Required Reserves = $400 billion - $5 billion
Minimum Required Reserves = $395 billion
and
Total Deposits is express as
Total Deposits =
......................2
Total Deposits =
Total Deposits = $4937.5 billion
Answer: Higher price and produce less output.
Explanation:
A monopolist is the only producer of a good in the market or at least wields significant market power. As a result, they can set their own prices without regard for how competitors would react.
This would lead to a situation where the monopoly does not have to be efficient and so will produce less goods than a perfect competition would and in order to make more profit - and because of less efficiency meaning higher costs - they will charge a higher price for output.