Answer:
B. $1,015,500 on Marc ; $756,500 for Estella
Explanation:
Marc has current salary of $110,000 with which he runs the household expenses. If Marc dies then there should be more insurance coverage because he is the only person who earns in the house. Estella is a house wife and insurance coverage for her is lower than Marc because he will still be able to continue his earning.
Answer:
d) The change to the equilibrium price of French chocolate souffle is ambiguous and the equilibrium quantity of French chocolate souffle falls
Explanation:
Inferior goods are those goods whose demand falls with the rise in the income of the consumer.
As per the given case, French chocolate souffle is an inferior good. When income of the consumer rises, his demand for French chocolate souffle will fall.
Similarly, when producers of such an inferior good decrease, the supply of French chocolate souffle shall fall.
With respect to the original equilibrium level, the demand curve shall experience a leftward shift i.e decrease whereas the supply curve too experiences a leftward shift i.e supply falls.
At the new equilibrium level, definitely the equilibrium quantity shall fall, but the change in equilibrium price cannot be ascertained as per the given information.
Answer:
xcmm this question made me think
Explanation:
LOL
Answer:
$400
Explanation:
Given that
Reserve ratio = 25%
Deposit cash in a bank = $100
So, the maximum amount of increasing the checking account balance would be
= Deposit cash in a bank ÷ Reserve ratio
= $100 ÷ 25%
= $400
We simply divide the cash deposited by the reserve ratio so that the accurate value could come i.e maximum increase checking account balance.
The company would go public to <u>decrease administrative costs</u>
<h3>What is Business Consolidation?</h3>
Business consolidation is the process of combining various business divisions or corporations into a single, larger organization. By eliminating redundant personnel and processes, business consolidation is a legal strategy that is frequently used to increase operational efficiency. No matter how costly and difficult it may be in the short term, business consolidation—often associated with mergers and acquisitions (M&A)—can produce long-term cost savings and a concentration of market share.
There are various business consolidation models, such as variable interest entities and statutory consolidation.
When two or more businesses combine to form one, this is called consolidation. Consolidation of businesses, also referred to as amalgamation, is most frequently linked to M&A activity.
This typically occurs when a number of comparable smaller businesses join forces to create a new, larger legal entity. The smaller entities typically vanish after being absorbed by the acquirer.
Therefore, The most extreme option is to combine various businesses or business units into a completely new entity.
For more information on Business Consolidation, refer to the given link:
brainly.com/question/3532335
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