A market structure in which sellers have no influence over price is known as an oligopoly monopolistic competition perfect competition

Answers

Answer 1
Answer: answer Perfect competition.
Answer 2
Answer:

c. perfect competition


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The least expensive type of life insurance is _____. whole-life insurance term insurance endowment life insurance limited-payment life insurance

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I believe the answer is: Term insurance

Term insurance is significantly cheaper compared to other type of insurance because it only cover risk plan without considering potential return in the future.
The amount of term insurance usually paid at a fixed rate on a limited period of time.

Final answer:

Term insurance is the least expensive type of life insurance because it only covers a specific period of time, unlike whole-life, endowment, or limited-payment life insurance which cover the insured's whole life.

Explanation:

The least expensive type of life insurance is generally term insurance. This kind of insurance is less expensive than whole-life, endowment, or limited-payment life insurance because it covers a specific term, or period of time, rather than the insured's entire lifetime. Term insurance pays out only if the insured dies during the term of the policy. For example, if a person buys a term insurance policy for 20 years and dies within that time, the policy will pay out. If they live beyond the 20 years, the policy ends and no payout is made.

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In a __________ economy, most 4es are privately owned, but the government regulates utilities, builds roads and bridges, and provides public services, such as bus transportation.a. market
b. planned
c. mixed
d. traditional

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The answer is A. Market

In the market Economy, all economic activities and decision regarding investment, production, and distribution is determined by the power of Supply and Demand, which is why most businesses are privately owned, since the Government has no involvement in it

Original price 66.00 Brandon was tired of singing to himself. Brandon saw that a hand-held music player was marked down of the original price. If the item was marked up by 1/2 before it was place on the sales floor, what was the price that the store paid for the music plauer? (Hint: You need to use the original price from the previous problem.) A. $42.67 B. 62.00 C. $56.89 D. 55.00

Answers

Answer:

A. $42.67

Explanation:

1. "Markup" is defined as the amount by which the selling price of an item is increased above its cost to the retailer. (Source: BusinessDictionary.com)

2. The formula for calculating markup is: markup = (selling price - cost) / cost. (Source: Investopedia)

3. To find the cost of an item to the retailer, we can use the formula: cost = selling price / (1 + markup). (Source: Khan Academy)

Now, let's work through the problem using these formulas:

1. First, we know that the original price of the hand-held music player was $66.00.

2. Next, we know that the item was marked up by 1/2 before it was placed on the sales floor. This means that the markup is 1/2, or 50%.

3. To find the cost of the item to the retailer, we can use the formula: cost = selling price / (1 + markup). In this case, the selling price is $66.00, and the markup is 50%, so:

cost = $66.00 / (1 + 0.5)

= $66.00 / 1.5

= $42.67

Banks _____ the money supply because they _____ currency from circulation and place it in their vaults or deposit it at the Federal Reserve.

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Answer:

Explanation:

Banks _control____ the money supply because they __withdraw___ currency from circulation and place it in their vaults or deposit it at the Federal Reserve.

Evaluate the endogenous reasons of business cycle

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In certain schools of economics, business cycles -- the ebb and flow of business and economic health -- are said to be tied to endogenous and exogenous factors. Endogenous factors are considered internal forces and occur entirely within a particular model, while exogenous factors are considered external and occur entirely outside a particular model. Both endogenous and exogenous factors exert influence on the way a business, and the economy as a whole, behaves.

what is the purpose of stop-loss insurance that is used with self-insured group medical expense plans? group of answer choices to have a commercial insurer pay claims that exceed a specified limit. to require employees to buy insurance for losses in excess of some specified amount to exempt self-insured plans from state insurance laws that require mandated benefits. to obtain administrative services from a commercial insurer

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Stop-loss insurance plan (also known as excess insurance) is a product that provides protection against catastrophic or unpredictable losses.

It is bought via employers who have decided to self-fund their employee gain plans, but do not want to expect 100% of the legal responsibility for losses arising from the plans.

What is the fundamental purpose of give up loss cover?

Essentially, stop-loss insurance plan is a tool used by employers to mitigate towards the risk of catastrophic economic loss. Losses are capped at a positive amount, and any expenses in excess of gotten smaller limits are included by way of the stop-loss insurer.

The stop-loss characteristic in foremost medical contracts serves to assist reduce these costs. The stop-loss feature places a restriction on the maximum out-of-pocket charges an insured ought to incur for health care, above which the policy pays a hundred percent of the final eligible expenses.

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