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strojnjashka [21]
3 years ago
12

The idea that free markets should be left alone to boost economic activity is referred to as __________ economics. a. voodoo c.

la valise b. laissez-faire d. bourgeoisie
Business
1 answer:
klio [65]3 years ago
8 0

Answer:

b. laissez-faire

Explanation:

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Tax progressivity refer to a system in which individuals earn more pay higher taxes.

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Why is it important to gather facts from a variety of sources so you can make fair, objective decisions before delivering bad ne
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3 0
2 years ago
For an auto insurance company, the average cost of collision claims is $500 per year for careful drivers and $3000 per year for
Rainbow [258]

Answer:

option (c) $875 per year

Explanation:

Given;

Average cost of collision claims for careful drivers = $500 per year

Average cost of collision claims for for poor drivers = $3000 per year

Poor drivers known by the company = 15%

thus,

Careful drivers = (100% - 15%) = 85%

Therefore,

Insurance company's breakeven price for the collision insurance  

= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)

= 0.15 × $3000 + 0.85 × $500

= $450 + $425

= $875 per year

Hence, the correct answer is option (c) $875 per year

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3 years ago
A person who is named to receive the benefits from an insurance policy is a(n)
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Just going on a whim:

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The three modern types of entrepreneur that have emerged after the description of different entrepreneurial types by Arthur Cole
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Answer : Serial Entrepreneur

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As they move on to newer ventures, they may also sell their old ventures. When such ventures are sold, the entrepreneur often makes a windfall gain.

5 0
4 years ago
Read 2 more answers
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