Author Question: To signal to your insurance company that you are a low risk individual, to secure a lower premium, ... (Read 210 times)

serike

  • Hero Member
  • *****
  • Posts: 542
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

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

d

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library