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ziro4ka [17]
2 years ago
7

Scenario: Stephanie has been driving for four years without any major auto accidents—until today. It was pouring rain when she l

eft class, and within minutes of leaving, she was forced to make an evasive maneuver that caused her to go into a spin on the wet road. After knocking an expensive, high-end luxury car down an embankment, Stephanie came to a stop by smashing into the side of a mid-range sedan.
She was found to be at fault in the accident, so let’s look at the extent of the damage she caused:

Luxury car: This car was totaled at a value of $95,000.

Sedan: This car will need $4,000 in repairs.

Hospital bills: The driver of the luxury car had $15,000 in medical bills for a broken arm, while his passenger had $185,000 in medical bills for emergency surgery and recovery.

Like many Americans, Stephanie carries a 100/300/100 liability policy.

Given the fact that Stephanie does not have an umbrella policy in place, how much of the remaining hospital bills for the passenger in the luxury car will she be held personally responsible for?

A) $4,000
B) $15,000
C) $85,000
D) $100,000
Business
1 answer:
LekaFEV [45]2 years ago
5 0
It would be b because its still the same price 

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Consider two perfectly negatively correlated risky securities, K and L. K has an expected rate of return of 13% and a standard d
mihalych1998 [28]

Answer:

risk free rate of return is  = 11.37 %

Explanation:

given data

K expected rate of return = 13%

K standard deviation = 19%  = 0.19

L expected rate of return = 10%

L standard deviation = 16% = 0.16

to find out

risk-free portfolio rate of return

solution

first we find here weight of each portfolio

weight of K = \frac{L standard deviation}{K standard deviation+ L standard deviation}      ..................1

weight of K = \frac{0.16}{0.19+0.16}

weight of K = 0.4571 = 45.71%

and

weight of L = 1 - 0.4571

weight of L = 0.5428 = 54.28 %

so that

risk free rate will be here

risk free rate = ( weight of K × K expected rate of return  ) + ( weight of L + L expected rate of return  )    ..........................2

risk free rate = ( 45.71 % × 13 % ) + ( 54.28 % + 10% )

risk free rate = 11.37 %

4 0
2 years ago
There are hundreds of colleges and universities that serve millions of college students each year. the colleges vary by location
Nadusha1986 [10]

Answer:

For Number of firms, the answer is C. Many.

For type of product, the answer is D. Differential.

For Market model, the answer is  C. Monopolistic Competition.

Explanation:

From the questions above, we can conclude that the number of firms is Many because it is stated that there are hundreds of colleges and universities that serve millions of college students each year.

For the type of product, in this case service, that each college and university offers, there is service differentiation. This is because each school will offer unique and distinct ways of meeting the students' needs.

There exists monopolistic competition in markets which have several competitors selling similar products and services. The similar products and services are not ideal substitutes for each other in monopolistic competition. Here, the barriers to entry and exit in the industry are low, and the decisions that are taken by one company do not affect the competitors. Therefore, in the scenario given above, because there are several colleges and universities serving millions of students in similar ways but with differentiated methodologies and programs, they form a monopolistic competitive market.

4 0
2 years ago
Merck is one of world's biggest pharmaceutical companies. It originated in Germany late in the seventeenth century with operatio
Bogdan [553]

Answer:

c. This is not plagiarism

Explanation:

Although the fact that Merck operates in charitable ventures may be implied in the source material, this is not plagiarism as it is not said how exactly Merck "inspires people throughout the organization". The student material also refers to different facts which are not found in the source material. Therefore, it is not plagiarism.

6 0
2 years ago
Identify key components of economic growth and explain how they function in an economy.
Wittaler [7]

Answer:

Explanation:

1) Employment

The development of human capital can play an important role in overcoming unemployment, which is one of the biggest problems of our age. One of the most important components of human capital is the most important education that gives people new knowledge, skills and abilities, or enhances their skills, indirectly increasing their productivity and income. The effects of education on economic development and unemployment levels have been studied by economists much later than in classical production factors. A more detailed analysis of the economic aspects of education has led to a better understanding of labor market revenues, organizational structures and economic development.

2) Industry sector and human development

The mobilization and increase of physical inputs such as labor, material capital and natural resources (the discovery of new natural resources, the shift of existing labor and capital resources across sectors, etc.) in the short-term and long-term impact on economic growth in the manufacturing process. Due to technological progress and more intensive use of human capital in the manufacturing process, the impact of increased productivity on economic growth and development occurs mainly in the medium and long term. Experience of different countries' economic development is a sustainable and sustainable economic growth

It mainly focuses on the development and technological progress of human capital.

3) Development of the agricultural sector

It is a complement to activities that involve land (farming) and animal husbandry for the purpose of acquiring agricultural, plant and animal products. Adequate and high-quality agricultural production, which is one of the main sources of nutrition and income for the population, contributes to human development, with a positive impact on people's health and wellbeing.

4) Trade, Investment Environment and Private Sector Development

There is a significant and significant relationship between the liberalization of trade and the business environment and human development. Economic development practices show that countries liberalizing their foreign trade regime, improving their business environment and opening up to foreign investments will gradually achieve higher human capital potential in parallel with this process. The emergence of a strong human capital reserve, while ensuring the sustainability of economic growth, can also lead to the process of economic growth turning into economic development.

In other words, a favorable business environment will increase human capital investment in the country by increasing the demand for quality labor resources.

4 0
2 years ago
The number at the bottom right of each supplier’s box shows the portion of Boeing’s costs in thelast year that went to that supp
vaieri [72.5K]

Answer:

both

  • United Continental with a capital expenditure of 60.68%
  • Southwest Airlines with a capital expenditure of 51.38%

Explanation:

Since United Continental's purchases of Boeing planes represent over 60% of their capital expenditures, this means that Boeing had to be the primary plane supplier. Even if the company purchased planes form other manufacturer, their purchases would not even be 40% of the company's purchases.

The same applies to Southwest Airlines, even though the purchases from Boeing are a little lower, they are still over 51%. This means the company could not have spent more money on purchasing planes from another company. The maximum purchase from another airplane manufacturer would have been less than 49% at most.

Besides the previous analysis, you must also consider that the company spends money on things besides airplanes, e.g. new training facilities, equipment, computer software, other vehicles, etc.

5 0
2 years ago
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