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Q. "Maritime Insurance Company offers insurance policies for recreational boats. A typical policy will pay the replacement cost of $2500 if the boat is a total loss. If the boat is not a total loss but the damage is more than $10,000 the policy pays $5,000. For damage under $10,000, no coverage is offered. The company estimates the probability of no damage to be .60 the probability of damage among $0 also $10,000 to be .25 also the probability of damage among $10,000 also $25,000 to be.12 If the company wants to make a profit of $200 above the expected cots, illustrate what should be the cost of the policy?"
Explain how the U.S. economy may self-correct back to the long-run equilibrium where actual GDP equals to full GDP and there is full employment.
Explain how the reduction in supply from the reduced fishing waters will either increase or decrease consumer surplus and producer surplus.
Illustrate what is the minimum efficient scale for each technology. Illustrate what if it was more optimistic about summer sales.
Why do celebrity icons receive such widespread attention and adulation
Elucidate what type of returns to scale does this technology represent.
To determine which of the output levels represents a macroeconomic equilibrium.
The vertical long run AS curve compatible with classical economics implies that AD only determines the price level
Illustrate what will be the most likely new equilibrium price level and output.
Air transport for businesspeople and tourists
Describe at least three ways you could pay for your morning cup pf coffee. Illustrate what are the advantages also disadvantages of each.
What is the rationale behind the choice of target or acquirer, if appropriate for your opening bid and your overall bidding strategy.
B involves the polluters in each region independently negotiating pollution deductions, assuming the other region is not undertaking pollution reduction.
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