Describe two types of insurance that you have or are likely to haveat some point in your life. What risks are these insurance plans
protecting you against? Why do you think these types of insurance
are important? (4-8 sentences)

Answers

Answer 1
Answer:

Answer:

Health Insurance - The risks this insurance protects you against are risks to your wellbeing, if you are out of your country and happen to end up in an accident or fall ill, health insurance will cover the costs of the treatment, depending on what your policy is.

Home insurance - The risks this insurance protects you against are risks to where you live, if your house belongings get stolen, or break under weather conditions, this insurance covers the cost of your belongings, this also depends on the policy you have.

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What is one of the advantages of having a F a c e b o o k fan page instead of a personal page? Question 10 options: Receiving fewer personal messages Sending bulk messages Saving time More personal convenience

Answers

Answer: "More personal convenience".

Explanation:

A F acebook Fan Page is a business account.

  • It represents a company or organization.
  • It offers unique tools as an added advantage for managing and tracking engagement.

One of the advantages is "More personal convenience".

F acebook fan page has the option of keeping personal page of a person separated and not connected to it.

It can be controlled by the privacy settings on the personal page and optimize the publicity for Fan Page.

Hence, the correct option is "More personal convenience".

Answer:

Sending bulk messages

Explanation:

One of the main differences between a Faceb00k profile and a fan page is you can send bulk messages to all your fans. This is according to the provided textbook, which I recommend reading if you want the answers to more of your questions.

If Ed=2 and price decreases by 1%, by what percentage and in what direction will quantity demanded change?

Answers

Given:

Elasticity of Demand = 2

Decrease in price = 1%

To find:

Change in quantity demanded

Solution:

The percentage change in quantity demanded is the mathematical product of the percentage change in price and elasticity of demand. This can be mathematically represented as,

\% \text{ change in quantity demanded }=\% \text{ change in price }*\text{Elasticity of demand }\n\n \Rightarrow \% \text{ change in quantity demanded }=1*2\rightarrow 2\%

Since, there is a decrease in price, the demand for the product will increase. Therefore, we can conclude that there will be 2% increase in quantity demanded

1. Who benefits when a customer purchases strawberries from a store?2. What is the ideal result of voluntary exchange?
3. What happens to demand if prices go up?
4. How can weather impact the supply of strawberries?
5. When is the market approach to supply and demand not practical?
6. Can unregulated free markets create problems? Give 1 examples

Answers

Answers with Explanations:

1. Who benefits when a customer purchases strawberries from a store?

When a customer purchases strawberries from a store, the strawberry-seller and the customer both benefit from the transaction. The strawberry-seller earns profit from selling his goods while the customer is able to eat the strawberry.

2. What is the ideal result of voluntary exchange?

The ideal result of voluntary exchange is that, both sellers and buyers are engaging in market transactions according to their own free will. This means that both parties are doing the transaction, so they can both have an advantage. So, this is a win-win situation for both.

3. What happens to demand if prices go up?

If prices of products or services go up, demand decreases. This is because the consumers or customers cannot afford the product or service. This is true provided that all other things are equal.

4. How can weather impact the supply of strawberries?

Weather conditions can largely affect the supply of strawberries. Since strawberries grow in cool to warm weathers, having a condition that is too cold or too hot will prevent the crops from growing. This will decrease the supply of strawberries.

5. When is the market approach to supply and demand not practical?

The market approach to supply and demand is not practical when it comes to emergency situations, such as having firefighters or police officers. The number of fire fighters and police officers being hired do not rely on the number of crimes or fire happening in the country. They are particularly used in order to maintain peace and order.

6. Can unregulated free markets create problems? Give 1 example.

Unregulated "free market" refers to a market wherein the supply and demand is not being controlled or maintained. It largely depends on the sellers and consumers, without the strict interference of any law.

Such kind of market can create many problems, such as the seller's self-interest in gaining more profit. This will lead to "deception" and "manipulation." For example, it becomes easy for the seller to sell a particular good 10 times its actual cost, since there are no restrictions.

Lance Rice has decided to invest $1,200 quarterly for five years in an ordinary annuity at 8%. The total cash value of the annuity at end of year 8 is?

Answers

Answer:

The future value at the end of the 5 years is :$ 29,156.84

Please note that the investment period is 5 years therefore it is impossible to calculate the future value annuity for more than 5 years.

Final answer:

To find the total cash value of the annuity at the end of year 8, we can use the formula: Future Value = Payment per period * [((1 + Interest rate)^Number of periods) - 1] / Interest rate.

Explanation:

To find the total cash value of the annuity at the end of year 8, we can use the formula:

Future Value = Payment per period * [((1 + Interest rate)^Number of periods) - 1] / Interest rate

In this case, the payment per period is $1,200, the interest rate is 8%, and the number of periods is 8. Plugging these values into the formula, we get:

Future Value = $1,200 * [((1 + 0.08)^8) - 1] / 0.08

Calculating this expression will give us the total cash value of the annuity at the end of year 8.

Learn more about Total cash value of an ordinary annuity here:

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I want to buy a pair of good and cheap Jordan shoes. Where can I buy the shoes ?

Answers

At shops .
You can find them there.

Lol you could try to go to Ebay

Provide a couple of examples of economic regulations that a government might put into place and why

Answers

Answer:

the reason for economic regulation is for that the economy will be maintained and not be distrupted and it will be to grow higher