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timurjin [86]
2 years ago
9

Michael’s personal property in his college dorm room is insured by an endorsement on his parents’ homeowners insurance. The dedu

ctible is $2,000. A flood destroys Michael’s textbooks, which cost $570.93 tablet computer, which cost $868.91 backpack, which cost $141.37 and clothing, valued at $500. How much of the loss will the insurance policy not cover?
Business
1 answer:
Anika [276]2 years ago
6 0

Answer:

81.21.

Explanation:

all you would need to do is add up all the values then subtract 2000.

please rate and mark as brainlest.

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T/F: The theory of purchasing-power parity states that a unit of a country's currency should be able to buy the same quantity of
balandron [24]

Answer: The statement is  <u>TRUE.</u>

Explanation: The theory of purchasing-power parity is an economic theory that tries to calculate the exchange rate between the currencies of two countries necessary so that the same basket of goods and services can be purchased in the currency of each one, that is, so that the purchasing power (or purchasing power) ) of both currencies is equivalent.

6 0
3 years ago
Strait Co. manufactures office furniture. During the most productive month of the year, 3,700 desks were manufactured at a total
Paladinen [302]

Answer:

Option (c) is correct.

Explanation:

Given that,

Highest level of activity = 3,700

Total cost at highest level of activity = $82,400

Lowest level of activity = 1,200

Total cost at lowest level of activity = $65,000

Here, we are using high-low method of cost estimation,

Variable cost per unit:

= (Total cost at highest level of activity - Total cost at lowest level of activity) ÷ (Highest level of activity - Lowest level of activity)

= ($82,400 - $65,000) ÷ (3,700 - 1,200)

= $17,400 ÷ 2,500

= $6.96

Fixed Costs:

= Total cost at highest level of activity - (Variable cost per unit × Highest level of activity)

= $82,400 - ($6.96 × 3,700)

= $82,400 - $25,752

= $56,648

3 0
3 years ago
Carolina is trying to sell her car, and the lowest amount she is willing to accept is $2,000. Abdul is interested in buying the
andreyandreev [35.5K]

Answer:

Abdul's surplus= $400

Total surplus=$500

Explanation:

Consumer surplus can be defined as the amount a consumer is willing to pay and the amount he actually paid (which is usually less).

Given:

Carolina willing selling price=$2,000

Abdul willing buying price=$2,500

Abdul negotiated price=$2,100

Abdul is willing to pay $2,500 but he negotiated $2,100

Abdul's surplus= $2,500-$2,100

=$400

Total surplus= Abdul's willing price - carolilina's willing price

Total surplus= $2,500 - $2,000

= $500

3 0
3 years ago
Read 2 more answers
indicates that there can be a performance decrease as a team goes through the storming phase of team development. During the sto
vesna_86 [32]

Answer:

a. Team performance curve

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.

Team performance curve indicates that there can be a performance decrease as a team goes through the storming phase of team development. During the storming phase in team development, team performance declines for a period of time as conflicts emerge regarding goals and contributions of team members.

8 0
3 years ago
a shoe store sells 40 pairs of shoes in one week. With an additional salesperson, the store can sell 44 pairs of shoes. The addi
WARRIOR [948]

Explanation:

I do not think that is true even considering a linear cost of every 4 pairs of shoes

5 0
3 years ago
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