subject
Business, 31.10.2019 04:31 jak000067oyyfia

James waterplay provides canoes to tourists. management has determined that there is one chance in a thousand of a customer being injured or killed. settlement of resulting lawsuits has an average cost of $750,000. insurance with a $50,000 deductible is available. it covers the costs of lawsuits, unless there is evidence of criminal negligence. based on cost-benefit analysis, what is the most that the business should pay for the insurance?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:40
After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?
Answers: 1
question
Business, 22.06.2019 07:00
What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?
Answers: 1
question
Business, 22.06.2019 12:50
Afirm’s production function is represented by q(m,r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false
Answers: 3
question
Business, 22.06.2019 14:40
Increases in output and increases in the inflation rate have been linked to
Answers: 2
You know the right answer?
James waterplay provides canoes to tourists. management has determined that there is one chance in a...
Questions
question
Mathematics, 11.06.2021 15:40
question
Geography, 11.06.2021 15:40
question
Spanish, 11.06.2021 15:40