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1 year ago

In some cases, it is safe to avoid insurance because

Business

2 answers:

Brums [2.3K]1 year ago

8 0

It may not be needed

padilas [110]1 year ago

7 0

In some cases it's safe to avoid insurance because the insurance company may not be needed at the time or they may try to bribe you to spend a lot more then you anticipated

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As specialization increases in an economy, businesses tend to experience: a.) an increase in self sufficiency due to businesses

Anuta_ua [19.1K]

Answer: a growing division of labor between employees with different skills

Explanation: apex

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2 years ago

Read 2 more answers

The expected rate of return on a constant growth stock is equal to the ____ plus its _____. Select one: a. risk-free rate; infla

belka [17]

Answer:

The correct answer is letter "D": dividend yield; expected growth rate.

Explanation:

Constant growth stocks are dividends expected to provide a constant rate for long, undetermined periods. This implies the stock's dividend yield and projected capital gains are constant. Under these parameters, the expected rate of return of this type of stock is calculated by adding the expected dividend yield to the expected growth rate.

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1 year ago

Genna Raiter, the president and CEO of Car Keepers Garage, has asked several of her managers and employees to help establish a s

Nonamiya [84]

Answer:

The options for this question are the following:

A. payoff matrix.

B. mission statement.

C. tactical plan.

D. organization chart.

The correct answer is B. Mission statement.

Explanation:

A good mission statement is a useful tool for well-managed businesses. It is the "why" of business strategy.

A mission statement defines the objectives of what a company does by:

Your clients

The employees

Their owners

Some of the best mission statements also extend to include the fourth and fifth dimensions: what the company does for its community and for the world.

In terms of marketing, a mission statement is a brief paragraph that describes what your business does and why it exists. If that sounds like useless marketing that could be labeled as a long list of the most important things to do, you're not alone.

The reality is that many mission statements are ineffective. Usually, they are the ones written in minutes with very little thought from their creators.

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2 years ago

Closing entries with net income Automation Services Co. offers its services to companies desiring to use technology to improve t

Maksim231197 [3]

Answer: shown in the attachment

Explanation: also shown in the attachment

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1 year ago

Consider two markets: the market for motorcycles and the market for pancakes. The initial equilibrium for both markets is the sa

Tamiku [17]

Answer:

1. PES for pancakes is 2.45

2. Supply in the market for motorcycles is less elastic than supply in the market for pancakes.

Explanation:

Price elasticity of supply is the responsiveness of quantity supplied to a change in price. it is calculated by dividing the % change in quantity supplied by the % change in price. Generally, it can be of two types:

Price Elastic: Change in quantity supplied is higher than change in price. PES > 1
Price Inelastic: Change in quantity supplied is lower than change in price. PES < 1

When calculated using the mid-point formula, this is the formula used:

(Q2 - Q1) / [(Q2 + Q1)/2]

(P2 - P1) / [(P2 + P1)/2]

1. We will now substitute the actual values of pancakes in place after identifying them from the question:

Equilibrium Quantity - 27 (Q1)

New Quantity - 109 (Q2)

Equilibrium Price - $6.50 (P1)

New Price - $10.75 (P2)

(109 - 27) / [(109 + 27)/2] 

(10.75 - 6.50) / [(10.75 + 6.50)/2]

1.21

0.493

Therefore, PES for pancakes is 2.45 (approx. two decimal places) suggesting it is price elastic.

2. In order to check whether motorcycles or pancakes are more elastic, we calculate the PES of motorcycles using the same method:

Equilibrium Quantity - 27 (Q1)

New Quantity - 61 (Q2)

Equilibrium Price - $6.50 (P1)

New Price - $10.75 (P2)

(61 - 27) / [(61 + 27)/2]

(10.75 - 6.50) / [(10.75 + 6.50)/2]

0.77

0.493

Therefore, PES for motorcycles is 1.56 (approx. two decimal places) suggesting it is price elastic. However, it is less price elastic than PES for pancakes.

One reason for this could be production time. Pancakes can be produced much faster than motorcycles. Therefore, it is more flexible to price changes.

4 0

1 year ago