Siobhan Roy has a$100,000 ring and keeps$100,000 cash in a checking account that paysno interest. If the ring is stolen, Siobhan will be forced to replace it at a cost of$100,000. Thechance of this happening is 1/100. She can, however, get insurance that would completelyreimburse to her the$100,000 if her ring was stolen. What is the largest premium she would be willing to pay and what's the certainty equiv- alent of the event if her U-function is:
(i) U = y1/4
(ii) U = y*
(iii) U = Y?
where Y denotes the amount of cash she has. (Note that her utility function does not include the value of the ring, since she always has the ring.)

Identify at least 3 body language messages that project a positive attitude

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?

Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither. statement consumer surplus producer surplus neither a local store was having a sale on textbooks, so i bought a used textbook for my brother. i sold a watch for $61, even though i was willing to go as low as $55 in order to sell it. even though i was willing to pay up to $116 for a used laptop, i bought a used laptop for only $110.