Insurance risks can be more easily pooled in smaller groups.
Answer the following statement true (T) or false (F)
False
Organizations that represent large groups of employees can purchase insurance (or self-insure) at a lower rate because of economies of scale, which spread fixed costs over more employees to reduce the cost per person. Insurance risks can be more easily pooled in large groups, and large groups can achieve greater bargaining power in dealing with insurance carriers or medical providers.
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Economic needs refer to the buyer's need to behave in an economically rational manner and buy the lowest priced item available.
Answer the following statement true (T) or false (F)
The term autonomous transaction refers to additional instructions for the PL/SQL compiler to use during program unit compilation.
Answer the following statement true (T) or false (F)
A manufacturer buys peas for vegetable pies from two cooperatives. The price per unit is $6 from cooperative A and $5.50 per unit from cooperative B. Develop an objective function that would minimize the total cost
What will be an ideal response?
Langston Labs has an overall (composite) WACC of 10%, which reflects the cost of capital for its average asset. Its assets vary widely in risk, and Langston evaluates low-risk projects with a WACC of 8%, average-risk projects at 10%, and high-risk projects at 12%. The company is considering the following projects: Project Risk Expected Return A High 15% B Average 12% C High 11% D Low 9% E Low 6% ? Which set of projects would maximize shareholder wealth?
A. A and B. B. A, B, and C. C. A, B, and D. D. A, B, C, and D. E. A, B, C, D, and E.