Author Question: To signal to your insurance company that you are a low risk individual, to secure a lower premium, ... (Read 143 times)

serike

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To signal to your insurance company that you are a low risk individual, to secure a lower premium, you should
 a. Accept an insurance policy with a high deductible
  b. Accept an insurance policy with a low deductible
  c. Accept an insurance policy with a co-payment
 d. Both A&C

Question 2

A manager invests 400,00 . in a technology to reduce overall costs of production. The company managed to reduce their cost per unit from 2 to 1.85 . After a year, the manager has an opportunity to outsource production to another company at a cost per unity of 1.75 . If you are the manager, you
 a. should consider the 400,00 . as sunk cost and therefore it should not be relevant to the decision.
  b. should base your decision upon economic profit and not accounting profit
  c. should avoid the fixed-cost fallacy
  d. all the above



dawsa925

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Answer to Question 1

d

Answer to Question 2

d



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