The aircraft is damaged beyond economical repair (it would cost $120,000 to repair the damages, but an identical replacement aircraft can be purchased for $105,000). Your passenger, a friend who was along for this recreational flight, is injured, and incurs $20,000 in medical expenses as a result. You are injured, and incur $18,000 in medical expenses as a result, and: a. this was a recreational flight. b. this was a flight made to visit a customer as a part of your employment. Your passenger, a co-worker who was along on this business flight for your mutual employer, was injured and incurred $20,000 in medical expenses as a result You and your passenger each had an $1,800 laptop computer in the baggage compartment, and each was destroyed in the crash. Elk hunting season opens Monday and the purpose of the flight was to spot herds of elk from the air to help you select your hunting area. How would this affect the insurance company's liability for: a. damage to the aircraft

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An arithmetic progression involves the addition of the same quantity to each number. which might represent the arithmetic growth of agricultural production

6. why the aggregate supply curve slopes upward in the short run in the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price level in the economy deviates from the expected price level. several theories explain how this might happen. for example, the misperceptions theory asserts that changes in the price level can temporarily mislead firms about what is happening to their output prices. consider a soybean farmer who expects a price level of 100 in the coming year. if the actual price level turns out to be 90, soybean prices will , and if the farmer mistakenly assumes that the price of soybeans declined relative to other prices of goods and services, she will respond by the quantity of soybeans supplied. if other producers in this economy mistake changes in the price level for changes in their relative prices, the unexpected decrease in the price level causes the quantity of output supplied to the natural level of output in the short run.