Bob works as a forklift driver in a manufacturing plant. when he is at work, he is covered by workers compensation insurance. his employer has also included a major medical plan as part of his benefit package, so bob is also covered by insurance outside of working hours, as well. which insurance term best describes this arrangement? 1. combination coverage2. 24-hour coverage3. comprehensive coverage4. workers medical coverage

Which term refers to the cost that motivates an economic decision

Which of the following statements is true about an atm card?

The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?