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zhannawk [14.2K]
3 years ago
15

What do we call the value of the next best alternative given up when a choice is made?

Business
1 answer:
Galina-37 [17]3 years ago
4 0

Answer:

A) Opportunity Cost

Explanation:

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Fly-By-Night Insurance Company had much larger losses than forecast. The company did not charge adequate premiums nor did the co
Reika [66]

Answer: (A) Guaranty fund

Explanation:

 According to the given question, the Guaranty fund is one of the type of fund that basically helps in paying the various types of unpaid claims.

This type of funds are basically covering the beneficiaries of the insurance organization in which the insurer are basically helps in selling the various types of products and the services in the market.

 The guaranty funds is typically used by the administrator for the purpose of protecting the policyholder in the insurance firm.

Therefore, Option (A) is correct answer.    

7 0
3 years ago
Matt accepts a job offer as a chemical engineer in the R&D department of Tulip Inc., paint-manufacturing company. After acce
diamong [38]

Answer:

Option A    

Explanation:

In simple words, the innovative technology that Matt has invented is the intellectual property of the organisation he works for due to the clause of the agreement he has signed under their employment.

Matt is contract bound and therefore he has no legal remedy. However, he should be happy for his promotion and incremental package as the company has no need to do so for him whatsoever.

3 0
3 years ago
If the midwest experiences a severe drought that damages the corn crops, we should expect the:_________.
kozerog [31]

Answer:

B) The Supply of corn will decrease and the price of corn will rise.

Explanation:

Option B is correct because the drought has damaged the corn crops. Therefore, this will affect the supply of corn in the market. Moreover, the damage of corn crops will shift the supply curve leftwards and this shift in the supply curve will push the prices upwards. Thus, the damage of corn crops will increase the prices due to a decrease in its supply.

4 0
3 years ago
Assume you are in the 28 percent tax bracket and purchase a 3.50 percent municipal bond. calculate the taxable equivalent yield
Sholpan [36]
<span>The taxable equivalent yield % is .98. You get this answer by converting 3.50 into decimal % form, which is .0350. You then take that number times 28 and come with .98. That gives you the answer of having a 98% taxable equivalent yield %.</span>
7 0
3 years ago
Suppose you will invest apple stock, its market price is 330$ per share, you tell your broker to sell 1000 shares, suppose the b
harina [27]

Answer:

12%

Explanation:

5 0
3 years ago
Read 2 more answers
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