Business, 16.09.2019 21:00 hamadehassan
Let x be the damage incurred (in $) in a certain type of accident during a given year. possible x values are 0, 1000, 5000, and 1, with probabilities 0.82, 0.08, 0.08, and 0.02, respectively. a particular company offers a $500 deductible policy. if the company wishes its expected profit to be $100, what premium amount should it charge?
Answers: 1
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
Business, 22.06.2019 17:30
Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?
Answers: 2
Business, 22.06.2019 19:10
After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.
Answers: 2
Business, 22.06.2019 20:00
Afirm is producing at minimum average total cost with its current plant. draw the firm's long-run average cost curve. label it. draw a point on the lrac curve at which the firm cannot lower its average total cost. draw the firm's short-run average total cost curve that is consistent with the point you have drawn. label it.g
Answers: 2
Let x be the damage incurred (in $) in a certain type of accident during a given year. possible x va...
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