« previous next »

Author Question: If your risk of losing your house to catastrophe is 25, how much would fair insurance cost if your ... (Read 51 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jul 1, 2018
If your risk of losing your house to catastrophe is 25, how much would fair insurance cost if your home were worth 1,000,000?
 
  A) 250,000
  B) 750,000
  C) 1,000,000
  D) Unable to determine with the information given.

Question 2

The above figure shows a competitive firm's demand for labor assuming that the firm's output sells for 1 per unit. If the wage is 5 per hour, a ten cent specific tax on the good sold by the firm will cause the firm to
 
  A) demand less labor.
  B) demand more labor.
  C) offer its workers only 4.90 per hour.
  D) hire 0 units of labor per hour.


dajones82

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Fungi House Fungi House
Risk-taking behavior by young males. Risk-taking behavior by young males.
Men who are at risk for heart disease and report work-related stressors are at greater risk of death ... Men who are at risk for heart disease and report work-related stressors are at greater risk of death ...
Modern house door design Modern house door design
Voter turnout and presidential and midterm house elections Voter turnout and presidential and midterm house elections
Risk of Down Syndrome (Trisomy 21) by Maternal Age Risk of Down Syndrome (Trisomy 21) by Maternal Age
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library