Refer to Scenario 17.3. If there is no insurance and no fire protection program in place, the expected loss from fire for this company is
A) $0.
B) $300.
C) $3,000.
D) $6,000.
E) $300,000.
C
Economics
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Assume that the price for swimming pool maintenance services has risen and sales of these services have fallen. One can conclude that
A) the demand for swimming pool maintenance services has increased. B) swimming pool maintenance services are becoming more technologically advanced. C) the law of supply has been violated. D) the supply of swimming pool maintenance services has decreased.
Economics
Which price would you expect to rise the most in a high-income growing economy?
a. semiconductors for personal computers b. tickets to a ballet performance c. passenger automobiles d. Blu-ray players
Economics