why does having a higher deductible lower your insurance premiums?

Answers

Answer 1

Answer: That's because you're agreeing to take on more of the cost of the damage.

Explanation: the lower you set your deductible, the more you'll pay for car insurance, because you'll be paying less out of pocket. I think <3


Related Questions

As the number of sellers in an oligopoly becomes very large, a. the price effect is magnified. b. the quantity of output approaches the socially efficient quantity. c. the price approaches the monopoly price. d. the quantity of output approaches the monopoly quantity.

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As the number of sellers in an oligopoly becomes very large, the quantity of output approaches the socially efficient quantity.

An Oligopoly is when there are few large firms operating in an industry.  

Characteristics of an oligopoly:

Firms set the price for their productProducts are differentiated The demand curve is downward sloping There is a high barrier to entry and exit of firms into the industry.

As the number of firms increase in an oligopoly, the quantity and price approaches what would exist in a perfect competition. As the number of firms in an oligopoly decreases, the price and quantity produces approaches that would be exist in a monopoly.

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the most likely explanation for economies of scale is

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specialization of labor

On August 1, a $58,800, 9%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accrued interest of $23,229.22. The entry to record the first payment on July 31 would include:

Answers

Based on the information given the entry to record the first payment on July 31 would include: Debit to Interest Expense of $5,292.00.

The appropriate journal entry to record the first payment on July 31 based on the information given is:

Journal entry

July 31

Debit Interest Expense $5,292.00

($58,800×9%)

Debit Notes Payable $17,937.22

($23,229.22-$5,292.00)

Credit Cash $23,229.22

(To record first payment)

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When cash from operating activities is presented using the indirect method, net income must be adjusted for increases and decreases in balance sheet accounts that relate to

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The name which is given to the process where cash from operating activities is presented using the indirect method and the net income must be balanced is:

Indirect Cash Flow Method

According to  the given question, we are asked to state the  name which is given to the process where cash from operating activities is presented using the indirect method and the net income must be balanced.

As a result of this, we can see that this is called Indirect Cash Flow Method because here, the cash flow can be deduced by checking and making some calculations on the net income from the transactions which were not done in cash.

Therefore, the correct answer is Indirect Cash Flow Method

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Wrigley introduced a new flavor of Orbit brand sugar-free chewing gum, mint mojito, and its introductory price was low so that it quickly created loyal customers for the flavor. In this example, Wrigley used Group of answer choices skimming pricing. penetration pricing. price lining. odd-even pricing. loss-leader pricing.

Answers

In this example, Wrigley used the Penetration pricing.

Penetration pricing is one of marketing strategy which aims to attract potential customers by offering lower price as its initial offering.

This pricing strategy helps a new product or service to penetrate the market and attract customers because of the low price offered.

In the question, the introductory price for chewing gum, mint mojito were set low and aims to attract new customers to the product.

In conclusion, Wrigley used the Penetration pricing to attract new customers.

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A company's biggest vulnerability in employing a best-cost provider strategy
A. relying too heavily on outsourcing.
B. getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies.
C. getting trapped in a price war with low-cost leaders.
D. being too timid in cutting its prices far enough below high-end differentiators many of their customers.
E. not having a sustainable distinctive competence in cost reduction.

Answers

Answer:

B - Getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies.

Explanation:

A company's biggest vulnerability in employing a best-cost provider strategy, getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies. Thus, option (b) is correct.

What is strategy?

The term strategy refers to the plan for the company growth. The market are the based of the so many companies are the different company are the different strategy. The strategy is the measure, the following the points are the related to the advantages and the disadvantages of the plan. The perfect strategy is the perfect advantage.

It was the company's biggest strategy was the vulnerability in employing a best-cost provider of the low cost of the provider are the best strategy to the high-end differentiation strategies. There are the firms the low cost are the more profit. The strategy are in the perfectly to the implement.

As a result, a company's biggest vulnerability in employing a best-cost provider strategy getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies. Therefore, option (b) is correct.

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The Khaki Corporation has the following budgeted sales data:

January February March April
Cash Sales $70,000 $90,000 $80,000 $70,000
Credit Sales $400,000 $350,000 $300,000 $320,000

The regular pattern of collection of credit sales is 40% in the month of sale, 50% in the month following sale, and the remainder in the second month following the month of sale. There are no bad debts. The budgeted cash receipts for April would be:T____________

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The Khaki Corporation's budgeted cash receipts for April is $383,000.

Data andCalculations:

                                  January      February         March            April

Cash Sales              $70,000       $90,000     $80,000       $70,000

Credit Sales         $400,000     $350,000   $300,000     $320,000

Cash collections:

40% sales month $160,000      $140,000    $120,000      $128,000

50% 1st month                          $200,000     $175,000      $150,000

10% 2nd month                                                $40,000       $35,000

Total collections from credit sales for April                     $313,000

Cash Sales            $70,000      $90,000       $80,000       $70,000

Total budgeted cash receipts for April =                         $383,000

Thus, the budgeted cash receipts for the month of April would be $383,000.

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The United States, making up less than 5 percent of the world's population, uses more than ___ of the world's commercial energy production.

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Despite that the country takes less than 5% of world population, it accounts for more than two-third of the world's commercial energy production.

The use of commercial energy production in this context entails use of resources like electricity, coal, advanced petroleum products, nuclear materials etc

These resources are in massive use in United States for generation of electricity, agricultural, transportation, commercial development etc

Therefore, the answer is that United States uses more than two-third (2/3) of the world's commercial energy production.

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what kind of potatoes are best for mashed potatoes?

Answers

Russets or Yukon Golds.

enterprise opportunities​

Answers

enterprise hardware.
the industrial Internet of Things.
applications powered by the blockchain.
proactive analytics.
3D printing.
enterprise marketplaces.
domain-specific data science.
augmented reality in industrial settings.

I'LL GIVE BRAINLIEST!!!
The Smith family wants to relocate to a neighborhood with better schools before their three-year-old goes to kindergarten. They talked with Byron about properties he has for sale in neighborhoods they would like to live in. They also mentioned to Byron that they both work and may need someone to help with in-home care for their child. Byron gave them Taylor’s name to call about childcare. The Smiths also said they were having a hard time getting loan approval, so Byron suggested that they call Travis. Which best describes the jobs performed by Byron, Taylor, and Travis?

Byron is a Customer Service Representative, Taylor is a Child Care Worker, and Travis is a Loan Counselor.
Byron is a Real Estate Manager, Taylor is a Nanny, and Travis is a Loan Counselor.
Byron is a Real Estate Manager, Taylor is a Preschool Teacher, and Travis is a Customer Service Representative.
Byron is a Home Counselor, Taylor is a Nanny, and Travis is a Property Manager.

Answers

Answer:

option C Byron is a Real Estate Manager, Taylor is a Preschool Teacher, and Travis is a Customer Service Representative.

Explanation you can give other guy brainliest

According to the passage, Byron is the real estate manager, Taylor is the preschool teacher and Travis is a customer service representative.

What is real estate manager?

Real estate manager is a person who deals with property. He sells the property act as mediator between the seller and the buyer. He also determines the rental income and act as negotiator in the lease agreement.

In the passage the Byron occupation is of real estate manager who helps in the Smith family for selling their property. The child of smith requires the childcare. Thus Taylor is the preschool teacher.

Travis is the customer service representative who is requires by the smith family to approve the loans.

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The bureaucratic structure that arranges employees by multiple factors such as region, products, or clients is known as the ______ structure.

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Bureaucratic structure is a structure that has  a lot of formalized set of role expectations. The bureaucratic structure that arranges employees by multiple factors such as region, products, or clients is known as the multi-divisional structure.

Bureaucratic structure along with its different roles shows who is expected to do what, how, and when.

This structure is said to be a normative in nature that is often disconnected from decision behavior or process.

The structure often shows the different facets of a mechanistic organization when looking at work specialization, formalization, and centralization.

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since her firm’s sales have increased from 3.5 to 4 percent, tanya has determined she would set her share of communication expenses at 4 percent of sales, which is an example of the use of the ________ method.

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When she determined to set her share of communication expenses at 4 percent of sales, it is an example of the use of the competitive parity method.

Competitive parity refers to when one want to achieve standard or average results as compared to others in your industry or within one's firm.

Here, because the firm’s sales have increased to 4%, she decided to set her share of communication expenses at 4% of sales

It is obvious she is acting because of the movement of internal situation (increase of firm's sales)

Thus, the scenario of method is definitely known as Competitive parity.

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In order to make up for a budget deficit, the government can do what?

Answers

Answer:

print more money

Explanation:

it makes sense if u think bout it

Answer:

Budget deficit is when the government exceeds its budget, meaning they have spent a lot more money than they were initially supposed to, and thus need to get more money for other issues. So what the government will usually do is take out loans and sell government bonds.

Explanation:

Hope this helps :)

Which application’s primary business benefits include sales forecasts, sales strategies, and marketing campaigns?.

Answers

There are different reasons people set up business. ERP system application’s primary business benefits include sales forecasts, sales strategies, and marketing campaigns.

ERP system is known to have the primary benefits such as Forecasting, planning, purchasing, material management, warehousing, inventory, and distribution.

ERP is simply known as Enterprise Resource Planning. It is simply a type of software or system used by a business organizations to plan and manage daily activities.

They daily activities includes supply chain, manufacturing, services, financials and other processes.  ERPs links all aspect of an firm.

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The claim that the high school drop-out rate has increased because more women have taken jobs in the workplace would be an example of

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Claims that drop-out rate has increased because more women have taken jobs in the workplace is an example of false cause fallacy.

A false cause fallacy is said to occur in a statement because the link between the premises and conclusion does not even exist.

Here, phrase one is "high school drop-out rate has increased" and phrase two is "because more women have taken jobs in the workplace"

If we assess the two phrase, we will observe that their is no link between the statement to facilitate a valid conclusion because when woman taking jobs in workplaces can not result to increase in drop rate in high school.

Therefore, it is an example of false cause fallacy.

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What would the new optimal solution of product 3 sold for $15, and 100 hours of labor could be purchased?.

Answers

Answer:

I don't know sorry sorry forgive me

Explanation:

sorry

____ is the process of gathering, storing, accessing, and analyzing data about a company in order to make better business decisions.

Answers

Every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.

The business world is faced with many vagaries such as risks and uncertainties. Every business intends to minimize cost and maximize profits. In order to do this, wise and better decisions must be made daily.

For business decisions to be made, predictive views, data mining, process analysis, descriptive analytics, and performance benching are all business intelligence entails.

Therefore, every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.

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What was the major difficulty for the athletes?

Answers

Answer:

injuries

Explanation:

because

what importance does the stationery and information sources play in the effective and efficient Operation of an organization?​

Answers

Based on the organizational activities model, the importance of stationery and information sources in the effective and efficient operation of an organization includes "the source of quality and quantity data on the production input."

Some other importance of stationery and information sources in the effective and efficient operation of an organization includes the following:

It serves as the place to gather data about the strengths and weaknesses of the firms.It is also the source to gather the information opportunities and threats of the organizations.It is also a source of keeping records of finance, employees, success, and failures of the firms.

Hence, in this case, it is concluded that the stationery and information sources in an organization are vital to its success.

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The confirmation of customers' accounts receivable rarely provides reliable evidence about the completeness assertion because:_______.
a. recipients usually respond only if they disagree with the information on the request.
b. auditors typically select many accounts with low recorded balances to be confirmed.
c. many customers merely sign and return the confirmation without verifying its details.
d. customers may not be inclined to report understatement errors in their accounts.

Answers

Answer:d

Explanation:maybe

Acme, Inc. had net income of $120,000 in its 1st year and net income of $126,000 in its 2nd year. The percentage increase in net income was ______.

Answers

Answer: 5% increase in net income.

Acme, Inc. had a net income of $120,000 in its 1st year and a net income of $126,000 in its 2nd year. The percentage increase in net income was 5%.

What is net income?

Net Income = Total Revenue — Total Expenses.

Net income, also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales, in the context of business and accounting refers to an entity's income less cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a given accounting period. It has also been described as the net growth in shareholders' equity that arises from a company's activities.

It is calculated as the residual of all revenues and gains less all costs and losses for the period. Contrary to gross income, which merely deducts the cost of products sold from revenue, this is not the same thing. If you are paid a salary, the annual salary you get from your company equals your yearly gross revenue.

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Reuben Garza just graduated from high school and had begun a five year apprenticeship as a machinist. His starting wage is $8.25 an hour and he receives a paycheck every two weeks.

Compute his biweekly net pay using the following directions. Found all answers to the nearest cent.

Biweekly Grossy pay $____
Withholding:
Fed income tax (5.0%) $___
State income tax (5.6%) $___
Social security (6.20%) $___
Medicare (1.45%) $____
Union dues (1.0%) $____
Total $___
Biweekly gross pay $____
Minus total withholding -$___
Biweekly net pay $____

Answers

Answer:

tax (5.0%) $___

State income tax (5.6%)

Minus total withholding -$___

Biweekly net pay

Explanation:

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Recently, Raj switched jobs from a large firm to a medium-sized firm. As one of four project managers at the new firm, Raj recognizes that employees have much more respect for his expertise than he perceived at the larger firm where there were a minimum of 25 project managers. According to Maslow, which need in his hierarchy is important to Raj

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According to Maslow's hierachy of needs, the most important hierarchy for Raj is esteem, which symbolizes the individual's desire to be valued by himself and others in society and the workplace.

Maslow developed the pyramid of the hierarchy of human needs, with the aim of explaining how individuals are moved to take actions to meet their needs according to a pre-established order.

The pyramid of needs is divided into five parts, and comprises the most basic needs, which are biological, to the most complex, which are psychological needs. Are the:

Physiological needs.Safety needs.Love and belonging.Esteem.Self-actualization.

Therefore, Raj finds himself in the esteem stage, where he is looking for respect, status and recognition. When his esteem needs are met, he will move into the self-actualization hierarchy, where he will demonstrate greater creativity, talent, and personal development.

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A budget that reports expected cash receipts and cash payments related to the sale and purchase of plant assets is called a: Multiple Choice Cash budget. Capital expenditures budget. Rolling budget. Sales budget. Production budget.

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A budget that reports expected cash receipts and cash payments related to the sale and purchase of plant assets is called Capital expenditures budget

Capital expenditures budget shows the cash  amounts estimated to be used up for  the purchase of additional plant assets or expected from the sale of plant asset.

Most Capital expenditures are usually for huge projects or for long term assets.

After  a financial evaluation to estimate if a  company's return on investment targets are met, The Capital expenditure budget can then be reviewed to see what project to be done.

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Rahm finishes dressers and nightstands at a furniture manufacturing company. However, a chemical spill at the factory caused an accident that left him permanently disabled. Which program is specifically designed to help employees like Rahm

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The program that is specifically designed to help employees like Rahm is: Social security program.

Social security program is program that provide insurance coverage in order to protect and provide for people who are no longer earning due to old age or unforeseen circumstance.

Social security program are specifically for:

Old peoplePeople with disability etc.

This program help to provide or render financial assistance to old people, and to individual that are disabled due to workplace hazard by providing monthly financial assistance to them.

Based on the information given social security program is a program that is specifically designed to help employees like Rahm that has permanent disability due to workplace hazard.

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A collective good offers particularized benefits while private goods are broadly distributed. True False

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The answer would be true

Which bank does not charge at all for using the ATM?


Bank A

Bank B

Bank C

Bank D


ANSWER : Bank A

Answers

Answer:

Bank A

Hope my answer helps

Trainor Sports recently issued 25,000 shares of its $12 par value common stock for $450,000. Which amounts represent legal capital and total paid-in capital, respectively

Answers

The amount that represents legal capital is $300,000 and the amount that represents total paid-in capital is $450,000.

The legal capital is the amount that is based on the par value or stated value of the common stock per share. For example, in this case, the par value per share is $12.

The legal capital is obtained as the sum of 25,000 shares x $12, which is $300,000.  The difference of $150,000 ($450,000 - $300,000) is the additional paid-in capital.

Thus, the total amount of $450,000 is the recently issued total paid-in capital for Trainor Sports.

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The amounts that represent legal capital and total paid-in capital, respectively are: $300,000; $450,000.

a. Legal fees

Using this formula

Legal capital=Number of shares× Per value

Let plug in the formula

Legal capital=25,000×$12

Legal capital=$300,000

b. The total paid-in capital is $450,000 reason being that $12 par value common stock was issued at cost of $450,000.

Inconclusion the amounts that represent legal capital and total paid-in capital, respectively are: $300,000; $450,000.

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how much of the variation in worker wages can be accounted for by such measurable explanatory factors?

Answers

Answer:

I don't know. I think a lot of the variability in wages would be due to statistical noise.

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