Answer:
The company's operating income will increase from $8,800,000 by $350,000 to become $9,150,000
Explanation:
Detailed explanation and calculation is shown in the image below
Answer: While the EMV is negative, the utility gained from purchasing the insurance is positive, and high.
Explanation:
The options to the question are:
A) He believes that the actual likelihood of his death occurring in the next twelve months is really much greater than the actuarial estimate.
B) While the EMV is negative, the utility gained from purchasing the insurance is positive, and high.
C) Mr. Weed is not rational.
D) A or C
E) None of the above
From the question, we are informed that Robert Weed is considering purchasing life insurance and that he must pay a $180 premium for a $100,000 life insurance policy.
His beneficiary will get $100,000 if he dies and get nothing of he doesn't die. Even though there's a 0.001chanve of him dying, he eventually bought the insurance.
The reason for him buying the insurance is because EMV he realized that the utility that he will derive from buying the insurance is positive, and high. He believed that paying $180 for a chance to get $100,000 was worth the risk even if he had a slim chance of dying.
Answer:
- Health Insurance
- Auto/Car Insurance
- Life Insurance
- Renters/Home Insurance
- Disability Insurance
Explanation:
There are other forms or insurance including: Liability, Worker's Compansation, and Errors and Immisions.
But the ones listed above are the general types.
Hope this helps!! <3
<span>Jika manajer tidak tahu konsep biaya itu bisa menyebabkan perusahaan bangkrut.</span>
It’s c because purchase are not made in the introduction period
