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Business, 20.04.2021 19:10 mmaglaya1

Supercar Corporation issues smartphones to some employees. The value of each smartphone is $500. About 250 smartphones have been issued. In the past two years, the company has lost 24 smartphones due to breakage. Supercar can purchase an insurance policy for each phone that costs $4 a month per phone. If the phone is damaged beyond repair, the insurance company will replace the entire phone. Does it make sense for Supercar to buy insurance for each phone at this price

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Supercar Corporation issues smartphones to some employees. The value of each smartphone is $500. Abo...
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