Conclusion: The cost of bricks will rise.
Reasoning: Given that stone and bricks can replace each other, an increase in stone prices tied to the new regulations will heighten the demand for bricks. As bricks become less expensive compared to stones following the price adjustment, the usage of bricks will increase significantly. This change will shift the demand for bricks to the right, leading to an increase in brick prices along with more bricks being sold in the marketplace.
Answer:
$7,000
Explanation:
The insurance provider will likely save some expenses, although I doubt your company will. Assuming the seminar amounts to $15,000 and is covered by the insurance company. Upon completing the seminar, accidents should drop by 25%, equating to $88,000 x 25% = $22,000.
The insurance company will save $22,000 due to the seminar, and after deducting the seminar cost of $15,000, the net savings would be $22,000 - $15,000 = $7,000.
C. The maximum liability of insurance is 85,000 of the 100,000 for bodily injury.
People like us generate the demand for coffee shops; if there aren’t any nearby, we create that demand. Conversely, when there are excessively many shops and insufficient customers, the shops induce a need for additional employees.
