Business, 19.07.2019 21:10 NetherisIsTheQueen
Suppose that half the population is healthy and the other half is unhealthy. if an insured healthy person gets sick, the full cost to the insurance company is $1,000. if an insured unhealthy person gets sick, the cost to the insurance company is $10,000. in a given year, any one person (healthy or unhealthy) has a 40% chance of getting sick. people know whether they are healthy but the insurance company does not. the insurance company offers complete, actuarially fair insurance at the same price to everyone. the insurance company covers all medical expenses of its policyholders, and its expected profit is zero. if everyone purchases insurance, what is the price of the insurance? the price of insurance for everyone is $ 55 2,200. (round your answer to the nearest dollar) if only unhealthy people purchase insurance, what is the price of the insurance? price of insurance for unhealthy people only is $ nothing. (round your answer to the nearest dollar).
Answers: 2
Business, 21.06.2019 19:30
What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit
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Business, 21.06.2019 20:30
Max fischer is a beekeeper. his annual group insurance costs 11,700. his employer pays 60% of the cost. how much does max pay semimonthly for it?
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Business, 22.06.2019 19:10
Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.
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Business, 22.06.2019 20:30
What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.
Answers: 1
Suppose that half the population is healthy and the other half is unhealthy. if an insured healthy p...
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