Insurance is _____________ when the possible loss is relatively large compared to the amount of the premium.

Answers

Answer 1

Using economic understanding, insurance is "Economically feasible" when the possible loss is relatively large compared to the premium amount.

This is because when an individual insured on a premium account loses huge properties that are considerably large compared to the premium paid, this is economically feasible to such an individual.

For example, if an individual has his vehicle worth $1 million on damaged but has only paid less than $100,000 as insurance fee, such individual would have his car replaced by the insurance firm, despite only paying 10 percent of the car price as insurance fee.

Thus, this situation is considered economically feasible.

Hence, in this case, it is concluded that the correct answer is "Economically feasible."

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Related Questions

CORRECT ANSWER GETS BRAINLIEST!!!!!

Calculate the closing price of a bond that has a face value of $1,000 and is closing at
101 7 8 percent of the face value.
O $1001.78.
O $1000.75.
O $1018.75.

Answers

Answer: C 1,018.75

Explanation:

Here ill help yall.

C

C

A

C

C

C

B

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B

C

100%

Correct if not leave a dislike

Business Management II B

Answer:

$1,018.75

Explanation:

How to Calculate the price of a bond

1. Locate the percent of $1,000 that the bond was selling for at the close of the day.

1.01875 (to get this amount in this question, 7/8 = 0.875, then add to 101 = 101.875. Multiply 101.875 * 100 = 1.01875.)

2. Multiply the decimal equivalent of the percent by $1,000.

$1000 * 1.01875 = $1,018.75

3. Round the product to the nearest cent, if necessary.

Explain how the forms of demand supply will eliminate a market surplus

Answers

Answer and Explanation: 1

Answer and Explanation: 1A market surplus is when the quantity supplied of a good is greater than the quantity demanded. We can also say there is excess supply. This happens at a certain price that is above the market equilibrium which causes more of a product to be supplied than consumers are willing to buy. It is the opposite of a shortage.

Answer and Explanation: 1A market surplus is when the quantity supplied of a good is greater than the quantity demanded. We can also say there is excess supply. This happens at a certain price that is above the market equilibrium which causes more of a product to be supplied than consumers are willing to buy. It is the opposite of a shortage.The market attempts to resolve the surplus by pushing the price down until it is at its equilibrium. A lower price will reduce the quantity supplied and increase the quantity demanded.

When an advertiser has something important or new to announce to a target audience, a(n) ________ headline will be used.

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Eye catching, bold, commemorative, all of these work hope this helped.

does anybody know this \
Mark the statement that is NOT true.

The president is also known as the chief executive.
The executive department is divided into 15 divisions.
The executive branch mainly enforces federal laws.
The president is also known as the chief of state.
The "Beltway mentality" is a desired goal of every presidential administration.

Answers

Answer:

False

the first one, option A

Beltway mentality NOT true.

the graph above reflects a significant increase in world oil prices. what will the impact on aggregate supply most likely lead to?

Answers

Since the graph reflects a significant increase in world oil prices, the impact on aggregate supply will result in an increase in input prices.

It should be noted that an increase in the prices of oil will affect the aggregate supply. The aggregate supply simply means the total supply of goods and services that are produced in an economy at a particular period.

The impact on aggregate supply most likely leads to an increase in the prices of inputs. Since there's a rise in prices of world oil, it'll lead to inflation and hence result in an increase in input prices.

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Shimmer Incorporated is a calendar-year-end, accrual-method corporation. This year, it sells the following long-term assets: Asset Sales Price Cost Accumulated Depreciation Building $ 737,000 $ 718,000 $ 44,000 Sparkle Corporation stock 168,000 231,000 n/a Shimmer does not sell any other assets during the year, and its taxable income before these transactions is $879,000. What are Shimmer's taxable income and tax liability for the year

Answers

Shimmer Incorporated's taxable income is $879,000 and the tax liability for the year is $184,590 at a 21% corporate tax rate.

Data and Calculations:

Asset                                    Sales Price    Cost     Accumulated   Capital Gain

                                                                                Depreciation     or (Loss)

Building                                $ 737,000 $ 718,000   $ 44,000      $63,000

Sparkle Corporation stock     168,000    231,000     n/a              ($63,000)

Net Capital Gain or (Loss) = $0

Taxable income before capital gain transactions = $879,000

Add net capital gain or (loss) =                                     $0

Adjusted taxable income                                           $879,000

Tax liability (21%) = $184,590 ($879,000 x 21%)

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the redwood company determined that its balance in its accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue. these findings are the result of

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Considering the situation described above, these findings are the result of "Vertical Analysis."

This is because Vertical Analysis is a form of analysis conducted in a business firm to express their financial statements.

It is written or described in percentages or proportional calculation.

In vertical analysis, the items on the documents are represented as a percentage of another item, such as accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue.

Hence, in this case, it is concluded that the correct answer is "Vertical Analysis."

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Retailing includes all activities involved in the: _______________

a. selling, renting, and providing of products and services to ultimate consumers for personal, family, or household use.
b. selling of tangible products to ultimate consumers for personal, family, or household use.
c. selling of tangible products to ultimate consumers for personal, household, or industrial use.
d. selling, renting, leasing, or reselling of products and services to ultimate consumers or small industrial users.
e. selling, renting, and providing of products and services without retaining the title to these offerings.

Answers

Retailing includes all activities involved in the: selling of tangible products to ultimate consumers for personal, family, or household use.

There are two major middlemen in the distribution of products:

Wholesale: This is a middleman who buys directly from the producer in large quantity and sells to retailers in small quantity.

Retail: The retailers buys in small quantity from the wholesaler and sells in units quantities to the final consumers. The retailer is the closest to the consumer in the distribution chain and he gives information about a product to the consumer.

Therefore, the retailers sells to consumers who use a product for personal or household use.

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Retailing includes all activities involved in the:  a. selling, renting, and providing of products and services to ultimate consumers for personal, family, or household use.

Retailing refers to the act of selling products and services for the consumption of the final consumers. There is no reselling of the products at this stage.

The consumer uses the products and services for his personal benefit. Therefore, option A is correct.

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make me brainless pls pls pls pls pls

Answers

i need one more brainliest to level up I feel it TwT

Answer: I can't but I can give you the fact that you cannot get brainliest by asking that.

Explanation:

Managers should expect to encounter criticisms, disagreements, and other on-the-job conflicts regularly. true flase

Answers

Answer:. True

Explanation:I just finished this test and got it right.

Managers should expect to encounter criticism, disagreements and other on the job conflicts to avoid clash between employees.

What is on job conflict?

On job conflict is a conflict in which the two employees disagree at some point in a work place. There can be healthy conflict which can bring new ideas to help the company grow and reach its objectives, however the manager should closely monitor on the job conflicts between employees and should try to resolve them immediately.

Therefore the statement is True

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Background information: This excerpt describes the United States’ use of economic sanctions against Sudan. It was created by the US Department of the Treasury. According to this text, what action can you assume Executive Order 13067 took? It supplied economic and military aid to the government of Sudan. It imposed trade restrictions on Sudan. It developed a free trade agreement between the United States and Sudan. It created diplomatic relations between the United States and Sudan.

Answers

Answer: it imposed trade restrictions on Sudan

Explanation: Sudan was out of control with violating human rights/international terrorism, so the US limited their power by imposing trade restrictions

According to this document, Executive Order 13067 took the action of developing a free trade agreement between the United States and Sudan. Thus, option B is correct.

What is the Executive Order?

The Executive Orders (EOs) are formal papers through which the President of the United States administers the Federal Government's activities. The orders cite the President's constitutional and statutory powers.

The White House issues Executive Orders, which are used to command the Executive Branch of the United States Government. Executive Orders provide required requirements for the Executive Branch and have legal force.

Therefore, option B is correct, that the executive order imposed trade restrictions on Sudan.

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what famous type of cryptocurrency was recently valued at more than $64,000 per unit, though its value has fluctuated wildly in the past?

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The famous cryptocurrency that was recently valued at the staggering amount of $64,000 is Bitcoin.

Bitcoin:

Is the most popular cryptocurrency there is Has had its value fluctuate wildly in the past Was recently valued at $64,000.

Bitcoin was the first cryptocurrency and has seen its value change wildly in the past due solely to the forces of supply and demand. It is however going strong at the moment.

In conclusion, the crypto described is Bitcoin.

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ABC purchased $500 of merchandise on account. ABC's journal entry to record this transaction includes a ______.

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If ABC purchased $500 of merchandise on account. ABC's journal entry to record this transaction includes a:

Debit to Inventory of $500

Credit to Accounts Payable of $500.

Based on the information given if the company purchased merchandise of the amount of $500 on account, the appropriate journal entry to record this transaction is:

ABC journal entry

Debit to Inventory of $500

Credit to Accounts Payable of $500

(To record merchandise on account)

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The expansion of global markets is a major factor in developing global information systems to handle _____ demands of integrated worldwide services.

Answers

Answer:

the fill in the blank answer is: the customer's

Explanation:

I am new to this, could anyone help me, I am from Peru and I do not endorse anything they tell me, someone could explain to me how this font is used and if you could guide me and be my friend to help me, I would appreciate a heap

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Answer:
Okay no problem

Why should the ar grazing system be good in the profession of farming or domesticating the goats or sheep.DISCUSS.​

Answers

Answer:

the point of the grazing system is to

allow vegetation and soil a resting time to recover, and sometimes also to improve vegetation conditions so this will be good for goat and sheep because they will have more grass

describe the benefits of having an electronic resume

Answers

Answer:

Online resumes offer more flexibility and room for creativity than their printed counterparts. Here are just a few benefits of using an online resume service: Undoubtedly, some of your skills and prior experiences are more relevant to some jobs/companies than others.

Explanation:

hope it helps

Question 1 of 10
Which action will not protect your credit?
A. Disputing errors
B. Considering a credit freeze
C. Reviewing credit reports yearly
D. Applying for multiple loans

Answers

Answer:

I don't know the answer but I'm gonna go with D

Disputing errors will not protect your credit. Thus, option 'A' is the correct option.

What is the best way to protect your credit?

Freeze your record at each of the four credit bureaus—Equifax, Experian, TransUnion, and Innovis—for optimum protection. The websites of each bureau are where you may accomplish this. Your report can be frozen for free and then unfrozen at any moment, for example, to submit an application for a new loan. Prior to approving a new mortgage, auto loan, or credit card, the majority of lenders review your credit record.

The ability to view this report is restricted by a freeze, making it more difficult for identity thieves to create new credit accounts in your name. Once you've opened a Social Security account, make sure to freeze your report. Fraud may be the cause of a rapid drop in your credit score. It's crucial to monitor this quantity because of this.

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A 40-year old taxpayer has owned a Roth IRA for more than 5 years. A $10,000 distribution will be considered nonqualified if the distribution was ______.

Answers

Answer:

Your answer would be , ''used to pay for higher education expenses''

Explanation:

adding value to products and services sold to consumers in households for their personal or family use is known as

Answers

Based on business and marketing relations, adding value to products and services sold to consumers in households for personal or family use is known as "Retailing."

This is because retailing is part of a business or marketing process that involves selling the products or commodities to final consumers.

Usually, retailing services involve the sales of products and services to add value to the final consumers.

For example, free delivery, making tomatoes and peppers into salsa, etc.

Hence, in this case, it is concluded that the correct answer is "Retailing."

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What u.s. city, whose inflation rate recently measured 7.9 percent, has the highest such rate in the nation?

Answers

Answer: Atlanta

Explanation:

CNN 10 goes over this.

What economic goal does the Securities and Exchange Commission (SEC) help the government achieve the most

Answers

Answer: promote economic prosperity

Explanation:

Needs for operating funds include ______. (Select all that apply) Multiple select question. controlling credit operations increases in stock price acquiring needed inventory making capital expenditures

Answers

Operational fund needs are simply known to be the amount one needs to keep current asset investments afloat. Needs for operating funds includes;

Making capital expendituresAcquiring needed inventoryControlling credit operations

Companies often create their production cycle using control criterion that is affected by inventories, customer loans and basic cash needs.

Operating funds is used by firms to finance their purchasing program. The Key components to financial sustainability are;

Access to CapitalProfitability ReportingPlanning

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The Pirates of Penzance Company delivers goods to various areas around the world. The company has a great reputation for being prompt on its deliveries. Blackbeard is the owner of the company. Davy Jones works for Blackbeard as an underpaid sailor. Davy knew that Blackbeard loved to read while they were transporting their deliveries and that his favorite book was The Adventures of Huckleberry Finn. Davy gave Blackbeard a valuable first edition of Twain's work hoping that Blackbeard would give him a raise in pay. A day later, Blackbeard promised to give Davy a pay raise of 18% because he was very pleased with the book. The following week when Davy received his check, he noticed that the raise was missing and he asked Blackbeard for the money. Blackbeard refused to give him his raise and Davy filed suit. Decide the outcome.

Answers

The outcome here is that the court would make blackbeard to give the pay raise that he promised to Davy.

The breach of promise.

Davy may decide to sue because there has been a breach here. He may decide to sue under the proprietary estoppel.

He already met with what was required of him by providing the book to Blackbeard. It was Blackbeard that was unable tyo meet up with his own part.

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In a statement of cash flows, the sum of cash inflows and outflows is equal to:

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When in the statement of cashflows, the cash inflows and the outflows are added, the result is the change in the cash balance.

The statement of cashflows shows the movement of cash in a company and how much cash the company is left with at the end of the period.

The statement includes:

Cash outflows which are deductions Cash inflows which bring in money

Cash outflows are denoted in negatives and when added to cash inflows, show the change in the cash that the company has / its balance.

In conclusion, adding the cash inflows and outflows shows the change in cash.

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Because the amount paid is linked to certain predefined behaviors or outcomes, ______ is specifically designed to energize, direct, or maintain employees' behavior.

Answers

Answer:

Umomgey

Explanation:

Based on the amound paid by the FKSA, you will be able to govern an employees relations and beahviors.

Incentive pay  is specifically designed to energize, direct, or maintain employees' behavior.

What is Incentive pay  ?

Performance-based compensation known as incentive pay pays an employee for achieving predetermined goals or objectives. This payment may be made in the form of cash, stocks, extra paid time off, gifts, etc.

Instead of paying for the amount of hours worked, incentive pay is a monetary reward for achievement. The theory is that the possibility of cash reward will encourage the employee to meet specific performance goals or financial targets.

The basic goal of incentives is to tightly link employee rewards to their accomplishments. By offering greater remuneration for superior performance, this tie is achieved. Individuals will typically work harder because their performance depends on producing more and getting more rewards.

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can you send me answer .
please send me fast...​

Answers

Answer:

all you have to do is search up the defenitions

Explanation:

________ is largest employer in the country and the largest purchaser of goods and services in the world.

Answers

The largest employer in the country which can also be regarded as largest purchaser of goods as well as services is U.S. federal government.

U.S. federal government can be regarded as national government of the United States, which is composed of self-governing territories as well as several island.

She serve as one of the major force in the world market, and that is why many countries relied on their exports.

Therefore, U.S. federal government is right.

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Starting in the late 1600s, as economies started to grow,: Multiple choice question. the mobility of the people within them stagnated. governments became socialist. the standards of living of the people within them grew also. populations began to age quickly.

Answers

Answer: it is the standards of living of the people within them grew also.

Explanation:

if you save $2 per day for a year how much will you have by the end of one year?​

Answers

Answer:

1 day = 2$

1 year = 365 days

365 x 2 = 730.

will have 730$ by the end of an year

Answer:

$730

Explanation:

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