Carla Wants to Purchase Insurance for Her Landscaping Business

question 23

Multiple Choice

Carla wants to purchase insurance for her landscaping business. She determines that she needs at least $137,500 of property coverage and at least $159,500 of liability coverage. In order to gain this amount of coverage, she can purchase any combination of insurance plans A and B from two different insurance companies. For each dollar she spends on Plan A, she gets $250 of property coverage and $300 of liability coverage. Plan B provides $260 of property coverage and $290 of liability coverage for each dollar of premium paid. How much should she spend on each plan to minimize her insurance cost?

• A) $290 for Plan A and $250 for Plan B
• B) $550 for Plan A and $0 for Plan B
• C) $250 for Plan A and $290 for Plan B
• D) $320 for Plan A and $300 for Plan B

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Definitions:

Emotional Display Rule

Unstated cultural guidelines for acceptable emotions and emotional expression that are communicated to children via parents’ emotional behavior, expressions, and socialization.

Difficult Temperament

A personality trait characterized by high levels of irritability, difficulty in adapting to change, and intense emotional reactions.

Irritable

Experiencing or showing a tendency to be easily annoyed or made angry.

Stranger Wariness

A developmental phase in infants and young children where they become cautious and sometimes fearful around unfamiliar people.