James waterplay provides canoes to tourists. management has determined that there is one chance in a thousand of a customer being injured or killed. settlement of resulting lawsuits has an average cost of $750,000. insurance with a $50,000 deductible is available. it covers the costs of lawsuits, unless there is evidence of criminal negligence. based on cost-benefit analysis, what is the most that the business should pay for the insurance?

Emil motycka is considered an entrepreneur because

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)