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Rufina [12.5K]
2 years ago
5

Both Aaria and Justin work with businesses. Aaria tries to sell them packages that will cover their employees in case of injury

or illness. Justin helps the businesses to grow their money and assets. Which statement describes their careers?
A) Aaria is in Business Financial Management Services and Justin is in Financial and Investment Planning.
B) Aaria is in Financial and Investment Planning Services and Justin is in Business Financial Management.
C) Aaria is in Business Financial Management and Justin is in Insurance Services.
D) Aaria is in Insurance Services and Justin is in Business Financial Management.
Business
2 answers:
8_murik_8 [283]2 years ago
5 0

The answer is<u> "D) Aaria is in Insurance Services and Justin is in Business Financial Management".</u>


Insurance companies fundamentally complete three things with the premium dollar. To start with, they pool the cash to pay claims. Second, insurance agencies pay for costs engaged with moving and giving protection security. Third, insurance agencies contribute cash. Profit from speculations enable keep to down the expense of protection to policyholders. Indeed, in Michigan and different states venture returns are considered by controllers in surveying whether rates are excessively low and additionally extreme.  

Business Financial Management (BFM) engages business clients to more readily gauge and deal with their income by collecting records and solicitations into a solitary stage. A definitive instrument for SMEs which enables them to maintain their business all the more productively and encourages the bank to give increasingly custom-made answers for their business clients needs.

olya-2409 [2.1K]2 years ago
4 0
D) is the answer
please rate brainliest
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2 years ago
When the local grocery store puts cereal on sale, reducing its price from $4.40 per item to $3.40 per item, the quantity sold in
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1. Price elasticity of demand

2 & 3. 4.55%

4 & 5. 22.73%

6. 0.2

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9. 0.56  

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Given that,

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New quantity demanded = 230

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1. This illustrates the price elasticity of demand.  Price elasticity of demand is defined as the responsiveness of quantity demanded to any change in the price of the commodity.

2 & 3. Percentage change in quantity demanded:

= [(New quantity demanded - Initial quantity demanded) ÷ Initial quantity demanded] × 100

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4 & 5. Percentage change in price:

= [(New price - Initial price) ÷ Initial price] × 100

= [($3.40 - $4.40) ÷ $4.40] × 100

= 0.2273 × 100

= 22.73%

6. Price elasticity of demand for cereal:

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= 4.55 ÷ 22.73

= 0.2

7. The price elasticity of demand is comes out to be 0.2 which is less than 1, indicates that quantity demanded is less responsive to changes in the price level.

8 & 9. Given that,

Initial quantity demanded = 210

New quantity demanded = 230

Initial price = $4.10

New price = $3.50

Using the mid point method,

Average price:

= (Initial price + New price ) ÷ 2

= ($4.10 + $3.50 ) ÷ 2

= $3.8

Percentage change in price:

= (New price - Initial price) ÷ Average price

= ($3.50 - $4.10) ÷ $3.8

= 0.1579 or 15.79%

Average quantity demanded:

= (Initial quantity demanded + New quantity demanded ) ÷ 2

= (210 + 230) ÷ 2

= 220

Percentage change in quantity demanded:

= (New quantity demanded - Initial quantity demanded) ÷ Average quantity demanded

= (230 - 210) ÷ 220

= 0.0909 or 9.09%

Price elasticity of demand:

= Percentage change in quantity demanded ÷ Percentage change in price

= 9.09 ÷ 15.79

= 0.56

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Answer:

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