All company sells an insurance policy that pays the policyholder $100,000 in the event that he or she has to quit a job because of serious injury or illness. The company's expected value is $50 per policy. Explain the meaning of the $50 in the context of this problem. What profit should the company expect to earn on selling 10 policies?

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?

Social computing forces companies to deal with customers as opposed to

Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is