examples of product ingredients of the marketing mix include design of the product and trade names, packaging, and warranties. (True or False)

Answers

Answer 1

The product's design, trade names, packaging, and warranties are a few examples of the product ingredients in the marketing mix. The given statement is true.

Define marketing mix.

The four Ps of product, price, place, and promotion have historically been the focus of a fundamental business model known as the "marketing mix." The marketing mix is referred to as the "collection of marketing instruments that the organization utilizes to attain its marketing objectives in the target market."

The four Ps are a "marketing mix" that includes four crucial elements for selling a good or service: product, pricing, place, and promotion. When businesses create marketing plans and strategies to reach their target audience, they frequently consider the four Ps.

To know more about marketing mix, visit:

https://brainly.com/question/13495504

#SPJ1


Related Questions

warm-up type your response in the box. analyze the following scenarios and think about what is causing these economies to improve. scenario 1 country a invested in reliable wireless internet for most of its cities. as a result, more people and small businesses have access to high-speed internet. households are happy with this development, as they now have improved wi-fi for communicating, downloading movies, gaming, and so on. firms are even happier because their bill payment, sales, and customer service processes are much faster and more reliable. output has even increased in local manufacturing firms because automated machines run quicker. scenario 2 country b invested in free, mandatory public education for boys and girls ages 6 through 18. children will also have access to free transportation to and from school. while some people criticize the government for this tremendous expense, the government believes it will recover the investment when the country has a more educated, well-trained workforce. what is driving economic growth in each of these countries?

Answers

The country's government A financial investment in wireless internet.

What exactly do you mean by "help during the financial boom"?

Monetary growth, measured as an increase in people's actual earnings, indicates that the ratio between people's earnings and the costs of things they can buy is increasing: products and services become more affordable, and people become less terrible.

The government of nation A made an investment in wireless internet. As a result, the development of United States A's infrastructure is fueling economic expansion. A vast and knowledgeable workforce produced by country B's educational system, on the other hand, will promote economic expansion. As a result, each nation will profit from economic growth driven by finance.

A nation's government made a financial investment in wireless Internet. Consequently, a solid infrastructure supports the economic progress of country A. The educational system in country B, on the other hand, will provide a sizable and skilled labor force, which will also support economic growth. As a result, both countries' economies will flourish as a result of investment.

Learn more about economic progress: https://brainly.com/question/16622088

#SPJ4

Answer:

The government of country A spent money investing in wireless Internet. So, a robust infrastructure is the driving force behind country A’s economic growth. On the other hand, the education provided by country B will result in a large and competent workforce, which will also lead to economic growth. Therefore, both countries will experience economic growth driven by investment.

Explanation: sample answer

describe one economic impact that the mit'a system had on europe

Answers

The Mit'a system's construction of public works during the period of 1450–1750 had an economic impact on Europe. Mit'a was employed for building projects including building roads. Rotating labor helped the Mita system construct public infrastructure, like as buildings, roads, and public works, which helped the Incan empire grow.

How did the European market economy emerge?

Europe, especially England, began to focus more and more on urban industry, producing less food on farms and importing large quantities of wheat, beef, and other tropical food items.

How did Europe start to modernize its economy?

The 17th century saw a significant increase in agricultural productivity across Europe, but especially in England.

To know more about Economic visit:-

brainly.com/question/14787713

#SPJ4

The ____________________ is based on the prices of merchandise that are exported or imported.

Question options:

a) International Price Index

b) Producer Price Index

c) International Product Index

d) Foreign Price Index

Answers

The Foreign Price Index is based on the prices of merchandise that are exported or imported.

The Foreign Price Index (FPI) is an index that measures the relative price of goods and services in different countries. It is calculated by comparing the prices of a basket of goods and services in a base country to the prices of the same basket of goods and services in a foreign country.

The index is used to compare the purchasing power of different countries and to measure the effects of exchange rate changes on the relative prices of goods and services.

For more questions like  Foreign Price Index click the link below:

https://brainly.com/question/29604896

#SPJ4

Directions and Analysis
Handling a Diverse Workforce
Perform online or offline search, and choose a multinational corporation that you can contact.
You must then email or call and speak to someone from the firm's Human Resources
department (preferably the HR manager or a senior HR person), place a request to come in,
and conduct a brief (15- to 20-minute) interview with the HR manager. During the interview,
you need to ask questions about the background of the company and the challenges that the
company faces when they have employees from different cultural backgrounds. Evaluate the
responses and summarize your findings.
Type your response here:

Answers

I have chosen Samsung electronics which is positioned in my area. I have visited the business enterprise and performed a meeting with HR manager.

The corporation has launched trainee software for the graduates. HR manager has supplied details about the program which consists of education of freshers and on job support.

They can find out about and do the job collectively so that they analyze how to work in an workplace environment. Graduates can aid supervisor of more than one department at a time which gives them publicity of notable department tasks.

The essential characteristics which are required with the aid of the business enterprise in a candidate are multitasking skills, trouble solving ability and potential to meet deadlines. For interview there is a quick recreation in which IQ stage of candidates is tested and those who clear the levels of the game are then promoted for a panel interview.

Learn more about Samsung electronics here:

https://brainly.com/question/27141345#SPJ1

they found that on average, a patient scheduled for an operation spent about 1.50 hours waiting and 2.00 hours in moving from lab to x-ray to the operating room. the average operation takes 1.50 hours. what is the manufacturing cycle efficiency (mce)?

Answers

The average manufacturing cycle efficiency is 1.65 hours for all operations.

What is manufacturing cycle efficiency?

The percentage of production time that is spent on value-added activities is known as manufacturing cycle efficiency. Manufacturers can find tasks that don't bring value to the operation and cut expenses by eliminating them. Different sets of efficiency-related numbers can be used to calculate manufacturing efficiency, but the basic idea is the same. Simply divide your standard output by your actual output, then convert the result to a percentage to get your production efficiency. The term "manufacturing efficiency," also known as "manufacturing operational efficiency," is sometimes stated as a percentage, with 100% denoting the highest level of efficiency, or the ability to manufacture things of the highest calibre at the lowest possible cost.

To learn more about manufacturing cycle efficiency click,

https://brainly.com/question/29645032

#SPJ4

In business decision-making, managers typically examine the two fundamental factors of 27 Multiple Choice 01:08:40 Risk and capital investment. Risk and return Capital investment and rate of return. Risk and payback. Payback and rate of return

Answers

In business decision-making, managers typically examine Risk and return factors.

The corporate decision-making process is a sequential procedure that enables experts to resolve issues by assessing the facts, analyzing the alternatives, and selecting a course of action from there. At the conclusion of this clearly defined procedure, there is also an opportunity to assess whether the choice was the appropriate one.

A business's success depends on its ability to make decisions, big and small. The urge to solve a problem or the need for a prospective opportunity drives decisions. Making educated judgments requires gathering the appropriate information and feedback from important parties.

Learn more about Business decision-making here:

https://brainly.com/question/12254996

#SPJ4

firms in industries that have competitors but do not face so much competition that they are price takers are operating in either a(n) a. oligopoly or perfectly competitive market. b. oligopoly or monopoly market. c. monopoly or monopolistically competitive market. d. oligopoly or monopolistically competitive market.

Answers

Oligopoly or Monopolistically competitive market, businesses in competitive industries that aren't price takers due to excessive competition.

What does oligopoly mean?

Few sellers are a sign of oligopoly. In an oligopolistic market, each vendor provides the majority of the goods that are sold there. Additionally, oligopolistic industries have a low number of enterprises because it is expensive to establish a business in them.

Monopolistic Competition: What Is It?

When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.

To learn more about Oligopoly visit:

https://brainly.com/question/14093864

#SPJ4

Oligopoly or Monopolistically competitive market, businesses in competitive industries that aren't price takers due to excessive competition.

What does oligopoly mean?

Few sellers are a sign of oligopoly. In an oligopolistic market, each vendor provides the majority of the goods that are sold there. Additionally, oligopolistic industries have a low number of enterprises because it is expensive to establish a business in them.

Monopolistic Competition: What Is It?

When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.

To learn more about Oligopoly visit:

brainly.com/question/14093864

#SPJ4

given the following information: xy inc. 5% bond ab inc. 14% bond both bonds are for $1,000, mature in 20 years, and are rated aaa. what should be the current market price of each bond if the interest rate on triple-a bonds is 10 percent?

Answers

1. What should be the current market price of each bond if the interest rate on triple-A bonds is 10 percent?

Market Price of XY Inc Bond = $574.32

Market Price of AB Inc Bond:= $1340.54

2. Which bond has a current yield that exceeds its yield to maturity?

Current Yield = Annual Coupon / Price of Bond

Current Yield of XY Inc = 8.71%

Current Yield of AB Inc = 10.44%

AB Inc Bond has a current Yield that exceeds its YTM

3. Which bond would you expect to be called if interest rates are 10 percent?

if the interest rates in the market is lower than coupon rate offered by a bond, such bond will be called. of the two bonds AB Inc bond has coupon rate higher than interest rates. Thus AB inc Bond will be called

4. If CD Inc. had a bond outstanding with a 5 percent coupon and a maturity date of 20 years but it was rated BBB, what would you expect its price to be relative to the XY Inc. bond?

BBB Rated bond are high risky compared to AAA Rated bond thus interest rate requirement will higher for BBB rated bond which inturn reduces the value of BBB Rated bond.

Learn more about market here

https://brainly.com/question/25754149

#SPJ4

anna's new business looks like it can grow quickly and become profitable in its first year. anna will likely find possible sources of financing than those with less potential for growth and profits. a. more b. fewer c. about the same number of d. many more

Answers

Anna's new business looks like it can grow quickly and become profitable in its first year. Anna will likely find possible sources of financing than those with less potential for growth and profits is option (D) many more.

The sources of financing referred to a business gets money from to fund their business operations. A business can gain finance from either internal or external sources of income.

Sources of financing is the main source of funding are retained earnings, debt capital, and equity capital.

Companies use retained earnings from business operations to raise or distribute dividends to their shareholders. Business raise funds by borrowing debt privately from a bank or by going public or share-market.

To know more about sources of financing here,

https://brainly.com/question/2944998

#SPJ4

natalie encourages her employees by recognizing and immediately rewarding a good performance, so that it motivates the employee as well as others to consistently perform well. this type of strategy to increase the frequency of desirable behavior is known as .

Answers

Positive reinforcement is a type of behavior modification strategy that encourages desirable behavior by providing a reward after the desired behavior has been exhibited.

This reward can be anything from verbal praise, a tangible reward like a gift card, or a raise in pay. Positive reinforcement increases the frequency of the desired behavior by creating an association between the behavior and the reward, ultimately making it more likely that the behavior will be repeated in the future. This strategy can be used to increase employee motivation and performance in the workplace, as well as to modify the behavior of children and pets.

To know more about Positive reinforcement click here

https://brainly.com/question/14838159

#SPJ4

The larger the share of a good in a consumer's budget, holding everything else constant, the?

a-more unit elastic is a consumer's demand. b-more price elastic is a consumer's demand. c-more vertical is a consumer's demand curve. d-more price inelastic is a consumer's demand.

Answers

The larger the share of a good in a consumer's budget, holding everything else constant, the more price elastic is a consumer's demand. Therefore, the option B holds true.

A consumer's demand can be referred to or considered as the quantity related to a particular good or services demanded by an individual at a specific price in the existing economic conditions. The consumer demand is usually dependent upon the disposable income that he or she has for allocation of a specific budget on the purchase of goods and services in the economy during a given period of time.

Learn more about the consumer's demand here:

https://brainly.com/question/19832299

#SPJ4

calvin received a call from bank of america (boa). boa called to inquire whether or not calvin was taking out a credit card for a business called calvin's carpets. the credit card application had calvin's social security number, address, and date of birth. calvin informed boa that he was not. boa determined it was a case of fraud. once this was reported to the credit bureau, they offered calvin an extended fraud alert. how long will the extended fraud alert last? question 16 options: 3 years. 5 years. 7 years. 10 years.

Answers

An extended fraud alert for credit card  last almost for 7 years.

What does Fraud alert means?

A fraud alert is a notice placed on a consumer's credit report indicating that they may have been the victim of identity theft or other fraudulent activity. Before credit can be extended, creditors are notified that additional steps must be taken to verify the consumer's identity. It is a method for consumers to safeguard themselves against future fraud.

What does Consumer means?

A "consumer" is a person or group who buys goods and services for their own use. Consumers are responsible for driving demand for goods and services as well as influencing their production and distribution. They also benefit from the products and services they buy.

Therfore the correct option is C. 7 years.

To knoe more about Fraud Alert,

https://brainly.com/question/24283782

#SPJ4

when total utility is at a maximum, marginal utility is:

Answers

When the total utility is at a maximum, the marginal utility is at the level of zero.

Marginal utility can be referred to or considered as the additional benefit or the utility derived by a consumer by consumption of an additional unit of a product, including goods or services. This benefit is shown through a graphical representation, and is expressed through the law of DMU proposed by Alfred Marshall.

It is one of the most basic principles related to the studies of microeconomics. Marginal Utility starts declining after consumption of additional unit from the point where the total utility is at the point of maximum satisfaction on the graph.

Learn more about marginal utility here:

https://brainly.com/question/15561406

#SPJ4

Which of the following is an example of an alliance that failed due to partner incompatibility?

Starbucks/Tata

Disney/Dreamworks

UPS/Staples

Peugeot/GM

Answers

An example of an alliance that failed due to partner incompatibility is Peugeot/GM.

What causes of partner incompatibility?

A major cause of relationship incompatibility is that partners do not balance what they expect from the relationship and from each other. I analyzed that. Incompatibility refers to persistent and unresolvable disagreements or irreconcilable conflicts between spouses that make it impossible for them to continue to live together as spouses. Incompatibility means that each partner takes a position that excludes the other. For example, one person wants to have another child, but the other spouse does not. How a couple resolves these differences is very fundamental and can determine whether a relationship stands the test of time.

Learn more about partner incompatibility: https://brainly.com/question/28104276

#SPJ4

the first three elements of the continuous delivery pipeline work together to support delivery

Answers

The pipeline's initial three components—CE, CI, and CD—collaborate to facilitate the supply of new functionality in small batches that are later released to meet market demand.

What comes first in the pipeline for continuous delivery?

The initial stage is continuous integration, next comes continuous delivery, and ultimately comes continuous deployment. These come together to form the pipeline.

What constitutes the continuous delivery pillars?

The three key pillars of continuous delivery are continuous integration, configuration management, and test-driven development, among its many other components. Code created by numerous developers in various places is constantly incorporated into a shared repository thanks to continuous integration.

What happens in the pipeline workflow's first step?

Extraction of data from the input source is the first stage in a data pipeline. Every step's output serves as the input for the one after it. This procedure keeps going till the pipeline has finished running.

Know more about pipeline:

brainly.com/question/29492482

#SPJ4

after running a small restaurant for two years, pam and jim realized that a greater opportunity existed in food distribution. they hired family members to run the restaurant while they focused their energy on starting a food distribution company. this is an example of the

Answers

After running a small restaurant for two years, pam and jim realized that a greater opportunity existed in food distribution. This is an example of the Corridor principle.

According to the Corridor Principle, the act of beginning a venture allows entrepreneurs to recognise and seize additional business opportunity that they would not have been able to discover or seize before beginning their initial enterprise.

The linear single venture career paradigm, as exemplified by well-known businesspeople like Ray Kroc of McDonald's and Kenneth Olsen of Digital Equipment Corp., is challenged by the corridor principle. Six hypotheses examine the timing and length of entrepreneurial careers, as well as the link between the number of enterprises that an entrepreneurial career produces and its length.

To know more about Opportunity visit:

https://brainly.com/question/13334486

#SPJ4

market failures occur when part 2 a. demand for a commodity decreases. b. firms do not take into account the social cost of production. c. capital equipment used in the production of a good is destroyed. d. capital markets charge high interest rates.

Answers

Market failures occur when  b. firms do not take into account the social cost of production.

The traits of a market economy consist of: The financial device is predicated on call for and supply. the quantity produced of a good or service is determined by using the call for and delivery. There are four types of economies, specifically, traditional, command, market, and blended economies.

The 2 most important economic structures in cutting-edge societies are capitalism and socialism. In practice, no one society is purely capitalist or socialist, so it is helpful to consider capitalism and socialism as mendacity on opposite ends of a continuum.

Learn more about Market here https://brainly.com/question/26826021

#SPJ4

which of the following statements is false? question 16 options: marginal cost equals average total cost when the average total cost is at its minimum marginal cost equals average variable cost when the average variable cost is at its minimum marginal cost equals average fixed cost when the average fixed cost is at its minimum

Answers

The correct option is c) Marginal cost equals average fixed cost when the average fixed cost is at its minimum

Marginal cost intersects the average variable and average total cost at their minimum points.

What is marginal cost?

The difference in overall cost caused by an increase in output, or the price of producing more, is known as the marginal cost. It may refer to a rise in the output of a single unit in some settings, but it may also refer to the rate of change of the total cost as output increases somewhat. The marginal cost is the slope of the total cost, or the rate at which it rises with output, and is measured in dollars per unit while total cost is shown to be in dollars. Marginal cost is the distinction between average cost, which is the total cost divided by the number of units produced.

To learn more about marginal cost, visit:

brainly.com/question/3200587

#SPJ4

Which of the following is NOT a characteristic of a cross-sectional study?
a.It is conducted at only one point in time
b.It can be exploratory, descriptive, or explanatory
c.It concentrates on the changes which take place among a specific sample over a period of time
d.It provides a means for studying a large variation in the population at the same point in time
e.All of the above are characteristics of the cross-sectional study

Answers

The following is characteristic of a cross-sectional study.

The answer is:

E. All of the above are characteristics of the cross-sectional study

A cross-sectional study is a quantitative research method with an observational survey approach and direct data collection at one time.

Therefore the cross-sectional study has the following characteristics:

The sample of the study has fixed characteristics.No manipulation of subjects or population.Can explore a very large number of subjects at one time.Applying the same set of variables for a certain period of time.The study time is relatively short and efficient.

This method exists because of the need to obtain scientific information about problems or phenomena that occur within a certain period of time. Thus, the information remains up to date but also does not leave the data acquisition process reliable.

The cross-sectional study can be applied in various fields, such as health, education, business, retail, and psychology.

Learn more about Cross-sectional here:

https://brainly.com/question/20758569

#SPJ4

plack co. purchased 10,000 shares (2% ownership) of ty corp. on february 14. plack received a stock dividend of 2,000 shares on april 30 when the market value per share was $35. ty paid a cash dividend of $2 per share on december 15. in its income statement, what amount should plack report as dividend income?

Answers

Response Criticism: "$24,000" is the proper response.

Dividend income equals shares owned times dividend per share, or 12,000 divided by $2, or $24,000.

Briefing:-

A stock dividend is not considered revenue. Both the number of shares held and the cost basis per share are decreased.

How many shares are used to distribute each share?

Dividends per share are computed by dividing the entire number of dividends paid by a corporation over a period of time (including interim dividends) by the total number of outstanding shares.

Do dividends per share exist?

A business makes money. A plan to distribute those gains as a dividend has been approved by the board of directors of the corporation. Each share of stock receives a dividend payment. American businesses typically pay dividends on a quarterly, monthly, or semiannual basis.

To Know more about revenue

https://brainly.com/question/8645356

#SPJ4

one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user.

Answers

The statement one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user is True.

What is market segmentation?

Market segmentation can be defined as the way of separating the market into different segment or group. Example of market segmentation is putting customers that share similar or the same features into the same group

The statement is true because a company can tend to divide  a market based on whether a person is a consumer on a business user.

Therefore the statement is true.

Learn more about market segmentation here:https://brainly.com/question/14315539

#SPJ1

The complete question is :

one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user. True/False

in the last quarter a restaurant had management labor costs of $20,000, staff labor costs of $80,000 and employee benefits costs of $30,000. the operation achieved a 25% total labor cost last month. how much revenue did the operation generate in the last quarter? a. $520,000 b. $715,000 c. $325,000 d. $905,000

Answers

The business made 520 000 in revenue during the most recent quarter. 520,000

How is the labor cost per unit determined?

The amount is calculated by dividing the direct labor hourly rate by the quantity of direct labor hours needed to finish one item. As an illustration of labor costs, if direct labor is paid at an hourly rate of $10 and a unit takes five hours to complete, the direct labor cost is $10 times five, or $50.

What two sorts of labor costs are there?

Direct and indirect (overhead) labor costs are separated. While indirect costs are related to support labor, such as employees, direct costs include pay for those who manufacture a product, such as those working on an assembly line.

To learn more about Labor Cost here:

https://brainly.com/question/27873323

#SPJ4

All of the following are normally found in a corporation's stockholders' equity section except:

a. Dividend in arrears

b. Common stock

c. Paid-in Capital

d. Retained Earnings

Answers

All of the following are normally found in a corporation's stockholders' equity section except a. Dividend in arrears.

What is dividend in arrears?

Dividend in arrears refers to unpaid dividends.  They have been declared as cash dividends but remain unpaid at the balance sheet date.

Dividends run into arrears because the declaration date is not the same as the payment date.

What constitutes stockholders' equity?

The stockholders' equity represent the ownership interest in the company.

The accounts that appear in the stockholders' equity section include the Common Stock, Preferred Stock, Paid-in Capital (Additional and Treasury Stock), and Retained Earnings.

Thus, unlike Common stock, Paid-in Capital, and Retained Earnings, Dividend in arrears does not appear in the stockholders' equity section but the current liability section.

Learn more about the stockholders' equity at https://brainly.com/question/14032844

#SPJ1

in lucy v. zehmer (1954) the virginia court held that mr. zehmer (offeror) had demonstrated a serious intent to be bound by the offer to sell ferguson farm to mr. lucy (offeree) for $50,000. which statement below reflects the court's legal reasoning?

Answers

The statement A and C reflects the court's legal reasoning. The correct answer option (D). A and C only.

What is Legal reasoning?

It is a method that entails extrapolating specific instances of the relevant legislation from a small sample of cases to a larger group of situations. The historical, empirical, or a posteriori methods are other names for it.

You are required to apply legal concepts to the factual scenario in this section, which assesses your aptitude for the law. Through this portion, your legal knowledge, aptitude for research, and capacity for problem-solving are evaluated. Giving a cause for the judgement is the essence of legal reasoning. The term "issue" refers to a disagreement between the parties on a specific substantial fact that both parties to the suit or procedure were concerned about.

To know more about Legal reasoning, visit:

https://brainly.com/question/746036

#SPJ4

The full question is,

In Lucy v. Zehmer (1954), the Virginia court held that Mr. Zehmer (Offeror) had demonstrated a serious intent to be bound by the offer to sell Ferguson Farm to Mr. Lucy (Offeree) for $50,000. Which statement(s) below reflect the court's legal reasoning?

A). The court determined that Mr. Zehmer was "high as a Georgia Pine' when he entered into the contract.

B). The court noted the following: a contract was under discussion between the parties and was re-written to include Mrs. Zehmer; it was then signed by all parties; and contained a provision for the examination of title; the instrument was complete, and that alcohol did not negate Mr. Zehmer's intent to be bound by the offer

C). The court determined the offer did not contain definite and certain terms and was not valid.

D). Choices A and C only.

chloe is planning to open a restaurant. before proceeding with the plan, she collects data on the operating standards of one of her favorite restaurants that inspired her to open her own restaurant. this is an example of .

Answers

It is an example of Benchmarking.

A restaurant is a business that prepares and serves food and drinks to clients. Food is generally served and eaten on the premises, however many restaurants also provide take-out and meal transport offerings.

It affords a sense of camaraderie and community. There are usually positive restaurants in any city that everybody knows. Now not most effective do they recognize the location, but they understand those who paintings there or very own it. In some approaches, the feel of community created makes the eating place as important to locals as their personal kitchens.

A restaurant is especially divided into areas: provider and manufacturing.

Learn more about restaurants here:-https://brainly.com/question/5705480

#SPJ4

Unlike perfectly markets, health insurance and health care markets contain asymmetric information in many forms. To see the consequences, consider the following model The population is evenly divided between 2 types of people: healthy people and unhealthy people. Healthy people have expected health care costs at S1000per year. Unhealthy people have expected health care costs of $5000 per year. Unhealthy people can become healthy by working out, eating healthier, and taking entive care. Assume that the cost becoming healthy, in terms of time and effort is $2000 per year hese people live in a city with one employer who will hire anyone who is willing to work. This employer provides complete health care to all its employees, all health care costs are covered by the insurance, What is the actuarial fair oost of Do the employees have incentive insurance for all the workers? to become hea O Yes O Not enough information. O No What would the new actuarially fair cost of a new employer enters who pays S1500 If insurance be at the original firm? surance), which people will go and work for the new employer? O None O Unhealthy O Both O Healthy O Previous ® ove up s view 2Check Answer terms of use contact us br

Answers

Insurance, often known as insurance coverage or insurance policy, is a contract between the insurer and the insured. A contract that takes the shape of a financial protection policy is what is meant by insurance coverage.

For the given questions, thye solutions has been provided as under:

1. No. The only employer in the town is providing the job to everyone

  irrespective of the health status. Moreover, the health care costs are

  also covered by the employer by the insurance. The unhealthy

  employees do not have any incentive to become healthy. Therefore,  

  the correct option is OPTION 3.

2. The actuarial fair cost of the insurance is the sum of the expected

   payoffs of both the healthy and unhealthy employees. The calculation

   of the actuarial fair cost of the insurance is shown below:

                Acturial Fair Cost of Insurance = (Probability of Healthy

                                                                       Employee)×(Cost of Health) +

                                                                       (Probability of Unhealthy

                                                                       Employee)×(Cost of Health)

                                                                    = (1/2 x 1,000) + (1/2 x 5,000)

                                                                    = 500 +2,500

                                                                    = $3,000

Therefore, the actuarial fair cost of insurance for all the workers is $3,000.

3. The new employer pays $1,500 extra but does not provide any

   insurance. The cost of health for the unhealthy employee is $5,000.

   Even if they become healthy, the cost of health is $2,000. The cost of

   health is greater than the compensation amount. Thus, the unhealthy

   people will not work for the new employer.

   The cost of health for the healthy employee is $1,000. The cost is less

   than the compensation amount. Thus, the healthy people will work for

   the new employee. Therefore, the correct option is OPTION 4.

4. Since all the healthy people are working for the new employee, the

   original firm will have only the unhealthy workers.

                Acturial Fair Cost of Insurance = (Probability of Healthy

                                                                       Employee)×(Cost of Health) +

                                                                       (Probability of Unhealthy

                                                                       Employee)×(Cost of Health)

                                                                    = (0×1,000)+(1×5,000)

                                                                    = $5,000

Therefore, the new actuarial fair cost of insurance for the original firm is $5,000.

Learn more about Insurance here: https://brainly.com/question/26285319

#SPJ4

As the media focuses on the financial problems of the Big Three automakers (Ford, General Motors, and Chrysler) and Wall Street banking giants, small businesses seem to be the forgotten link in the financial dilemma. Saying that the recession and continuing financial crisis is hurting small businesses, is an understatement. Small businesses across the nation are in a death struggle to stay afloat as lending institutions continue to hoard cash and customers take longer to pay their bills. Intuit's survey of 751 businesses with fewer than 10 employees found that owners have average overdue customer payments of $1,500 a month. With 22 million businesses falling into this category, the overdue payments add up to a cash flow strain of $33 billion A small-business owner in Texas is a good example of small businesses with big cash flow problems. James "Hoss' Boyd owns an electrical contracting and solar energy installation firm. His products and services are in demand, so sales are great, but that doesn't help his cash flow position. A big part of his day is trying to collect his receivables (money owed his company so that he can pay what he owes to other firms. Boyd knows he isn't alone. "I got a call today from our print shop." he says. "We owe them $400 to $500 for blueprints." It was the company owner on the line making collection calls Mr. Boyd says. adding, "I would venture to say he's waiting on invoices, too." Boyd sought help from lenders for months but could only get a line of credit through his credit card company. Unfortunately, he is behind on his payments that carry a 29.99 percent interest rate. Boyd joins the multitude of small business owners hoping for an economic turnaround and some solution to the short-term lack of credit. Raymond J. Keating, chief economist with the Small Business and Entrepreneurship Council is quick to remind government policymakers that for a recovery to occur, small businesses must be invited to the party. According to Keating, some 60 to 80 percent of new jobs come from small businesses. Fifty percent of private sector gross domestic product GDP is also created by small businesses. Perhaps Hoss Bovd said it best "Were on the mend, but we have a Which one of the following is the most widely used source of short-term funding that Mr. Boyd (and other small business owners) would use to operate their business? Multiple Choice
Factoring accounts receivable
Toking out loon from a bank or other financial institutions
Trade credit
Issuing a promissory note
Borrowing funds from family friends

Answers

Trade credit is the most widely used source of short-term funding that Mr. Boyd would use to operate their business.

What does "trade credit" mean?

Trade credit is a business-to-business (B2B) arrangement that enables customers to buy items without paying in cash up front and to pay suppliers later. Businesses that offer trade credits often give clients 30, 60, or 90 days to pay, with an invoice serving as proof of the transaction.

What kind of credit is that for trade?

If Company A receives an order for 1 million chocolate bars, for instance, the payment terms can stipulate that Company A must pay Company B within 30 days of that date. This arrangement between the two businesses is referred to as trade credit.

To know more about Trade Credit visit:

https://brainly.com/question/28940561

#SPJ4

as the size of a tax rises, the deadweight loss a. rises, and tax revenue first rises, then falls. b. rises as does tax revenue. c. falls as does tax revenue. d. falls, and tax revenue first rises, then falls.

Answers

As taxes increase, the deadweight loss from the tax increases. In fact, as taxes increase, the deadweight loss rises greater rapidly than the dimension of the tax.

What motives deadweight loss to increase?

Deadweight losses particularly occur from an inefficient allocation of resources, created by using a range of interventions, such as fee ceilings, charge floors, monopolies, and taxes. These factors lead to the charge of a product now not being precisely reflected, meaning items are both overestimated or undervalued.

What does deadweight loss of tax depends on?

Deadweight loss of taxation measures the ordinary economic loss precipitated by means of a new tax on a product or service. It analyses the limit in production and the decline in demand brought on through the imposition of a tax. It is a lost possibility cost.

Learn more about deadweight loss here:

https://brainly.com/question/29802816#SPJ4

If the maker of a promissory note fails to pay the note on the due date, the note is said to be a. displaced b.disallowed c. discounted d. dishonored

Answers

If the maker of a promissory note fails to pay the note on the due date, the note is said to be dishonored. the correct answer is D.

A promissory note is referred to as dishonored when the maker misses the deadline for payment fails to pay the note . A buyer enters into a short-term agreement with a promissory note to pay a supplier for goods within a specified timeframe and at a specific interest rate. The note's maker is the party who promises to pay, the payee is the person or entity to whom the money will be transferred, the principal is the sum that is specified on the note, and the maturity date designates the day on which the money is expected to be paid.

It is referred to be dishonored since the creator promised to pay a specific sum over a specific length of time. The note is described as being dishonored because it did not keep its promise.

learn more about promissory note at https://brainly.com/question/948552

#SPJ4

Which of the following is not a reason standard costs are separated into two components? a. Identifying variances determines which manager must find a solution to major discrepancies. b. If a negative variance is overshadowed by a favorable variance, managers may overlook potential corrections. c. The price and quantity variances need to be identified separately to correct the actual major differences d.

Answers

Variances highlight budget inconsistencies and force management to adjust budgets to more closely reflect actual outcomes. The correct answer is option (d).

What is a Standard Costs?

The projected expenses for a certain good that will be incurred throughout production are known as standard costs. They assist in comparing how real expenses were in a company so that management may assess changes. By price and quantity standard, it is divided.

The standard against which actual costs are assessed is the anticipated cost of a typical manufacturing operation. Of course, the first standard costs will need to be assessed if a new good, service, or procedure is to be used. A standard cost is sometimes referred to as the cost that "should be," a predetermined cost, a projected future cost, an estimated costs, a budgeted unit cost, or an anticipated cost.

To know more about Standard Costs, visit:

https://brainly.com/question/25279292

#SPJ1

Other Questions
when using the hootsuite planner feature, the fastest way to compose a new message is to:: press "command N" for new and begin typingexit Planner and open the Composerclick on a time slot and choose new postcreate a new stream and click the plus sign determine whether each statement is true or false. 1. the femoral artery becomes the popliteal artery after passing the inguinal ligament. What type of protein secondary structure does the structure shown here (Figure 1) represent?A. ?-helixB. ?-sheetC. ?-helixD. ?-sheetE. ?-turn The most widely used method of valuing a company is the _____, as it provides the potential investor with the best estimate of the probable return on investment. When teenagers receive head injuries, theyare less likely to diagnose them.experience the symptoms more quickly.are likely to have problems that last longer.are at greater risk of death. the federal reserve district that covers the largest geographic area is serviced by the reserve bank located in ___ . News conferences, press tours, and grand openings are examples of ________, a type of tool commonly used by public relations professionals.A) public service activitiesB) special eventsC) social networkingD) developmentE) investor relations Write the equation of the circle with a radius of 10 and a center at (3,-1) Cher is a 7-year-old girl whose BMI-for-age is in the 86th percentile. According to this information, Cher's weight is a. healthy for her ageb. classified as overweightc. too low for her aged. in the obese range according to hazlitt, many proponents of inflation realize that it will decrease the purchasing power of money and increase the prices of goods and services. what are reasons these proponents of inflation want inflation anyway? (choose all that apply) an airport should be: of high capacity network, able to handle a variety of data traffic, highly reliable, and able to specify and control transmission delays within the airport it system drooping of the upper eyelid, and double vision are potential symptoms of damage to the olfactory nerve. this photo shows apparatus used in an experiment in which materials thought to have been present on the early earth were sparked with energy. what have we learned from this type of experiment?A)These experiments have provided strong evidence for the idea that life first arose near volcanic vents at the bottom of the ocean.B)These experiments have told us the precise composition of Earth's early atmosphere.C)These experiments have shown us how life originated on Earth.D)These experiments have shown that the building blocks of life form easily and naturally under conditions that existed on the early Earth. Please Help!!It's urgent somebody2) Write a word problem using the information from the given equation and inequality. Be sure to include all seven parts and an appropriate question requesting a solution for the unknown (variable).The seven parts of a one-variable equation are as follows:1 correct variable term for the left side expression2 correct constant term for the left side expression3 correct operation between the terms of the left side expression4 correct equal sign or inequality symbol5 correct variable term for the right side expression6 correct constant term for the right side expression7 correct operation between the terms of the right side expressionInequality: 58x+170>42x+320 by the early 1850s, in response to the political reforms that had swept the nation in the previous half-century, every southern state had extended suffrage to as the frequency of an electromagnetic wave increasesresponsesits speed must increase.its speed must increase.its amplitude must increase.its amplitude must increase.its wavelength must increase.its wavelength must increase.its energy must increase. The most famous naval battle of the Civil War was between what TWO ships?MessinaMaineMonitorMerrimacMonarch The figure shows two lines cut by a transversal. What value of x shows that the lines parallel? Show your work. Complete, balance and write the net ionic equation for the following reaction: CH3COOH(aq) + NaOH(aq) Carolina is mowing lawns for a summer job. For every mowing job, she charges an initial fee plus $6 for each hour of work. Her total fee for a 4-hour job, for instance, is $32 Let y represent Carolina's fee (in dollars) for a single job that took x hours for her to complete.Complete the equation for the relationship between the fee and number of hours.