Answer:
No, the cost of the annual premium for 10 years was less than the accident claims
Explanation:
Since in the question it is mentioned that the annual premium is $1,200, $200,000 is the bodily injury coverage and $100,000 should be the property damage coverage
Also the $40,000 and $20,000 represent the medical cost and the car damage
So here the cost should not outweight the benefit of the transferring the risk as the annual premium cost for ten years should be lower than the accident claims
I think they are all benefits of implementing computerized medical records.
Answer:
B) John can expect to earn $120,000 in revenue more by expanding, but that is less than the cost of expansion, $150,000.
Explanation:
If John decides not to expand his expected revenue will be = ($100,000 x 50%) + ($300,000 x 50%) = $50,000 + $150,000 = $200,000
If John decides to expand his expected revenue will be = ($100,000 x 30%) + ($300,000 x 30%) + ($500,000 x 40%) = $30,000 + $90,000 + $200,000 = $320,000
If John decides to expand, his revenue will increase by $120,000.
Since we are not told if John's revenue is yearly or not, I assume that it includes a whole business or project cycle. The cost of expanding is $150,000 while the incremental revenue is only $120,000.
The federal law that regulates the degree to which employees can be exposed to hazardous substances and must be supplied with safe working conditions and equipment is Federal Hazardous Substances Act (FHSA) .
The Federal Hazardous Substances Act (FHSA) requires precautionary labeling on the immediate container of hazardous household products to help users safely store and use those products and to give them information about immediate first aid steps to take if an accident happens.
The Act also allows the Consumer Product Safety Commission to ban certain products that are so threatening or the nature of the hazard is such that the labeling the act requires is not adequate to protect consumers.
The Act requires hazardous household products ("hazardous substances") to bear labeling that alerts consumers to the potential hazards that those products present and that suggests what they need to do to protect themselves and their children from those hazards.
To know more about federal laws refer to:
https://brainly.in/question/5582683
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Answer:
50% discount
Explanation:
We have the formula
price = marginal cost*(E/(E + 1)
)
We are given the following:
price per unit item = $10
elasticity of demand, E = -3 for coupon users
marginal cost MC = ?
Hence
10 = MC * (-3/(-3 + 1))
10 = MC * 1.5
MC = 10 / 1.5 = 6.67
So, the appropriate discount that can be given is
price - marginal cost = 10 - 6.67 = $3.33 per box
OR 3.33 / 6.67 = 50% discount over cost.
