3 no a non price factor is increasing in demand and causing the demand curve to shift right
Answer:
The household should not buy this policy
Explanation:
The probability of burglary is
$200,000 * 0.02 = $4,000
The insurance policy costs $15,000
The loss probability is lower than the cost of insurance policy
E(U) = (Jewelry Worth - Jewelry loss due to burglary + Insurance cover - Insurance policy cost) * 0.5
E(U) $200,000 - $70,000 + $70,000 - $15,000
E(U) = $ 
E(U) $430.11
Answer:
$5,000
Explanation:
A perpetuity pays $250 every year
The appropriate interest rate is 5%
= 5/100
= 0.05
Therefore the present value of the perpetuity can be calculated as follows
= 250/0.05
= $5,000
Hence the present value of the perpetuity is $5,000
Answer:
Cost of goods sold.
Explanation:
Equity method in accounting is the process by which profits and losses of a company are allocated on the basis of investments made in it. Take for example a parent company has a 40% stake in a subsidiary. When the subsidiary makes profit or loss the parent company recieves a share.
The investor is usually referred to as an associate or affiliate and usually own 20-50% of voting shares in the company. Therefore the equity method is used and not the cost method.
To account for unrecognised intra-entity profit a credit will be passed to cost of goods sold.
Answer: a. Providing the borrower with the information for both contacts.
Explanation:
There is no legal precedent that states that the Notary should not provide the borrower with information to the closing agent and the lender's representative so in this case the Notary should provide the borrower with the information on both contacts.
