<span>A life insurance
policy can either be a participating policy where the policy pays the dividend
or it can be a nonparticipating policy where the policy has guaranteed premiums. About 95% of the U.S. life insurance
companies are stock companies.</span>
The newest version of a product like Crutchfield headphones is likely to use price skimming, while the new version of Monster Energy is likely to use penetration pricing
<h3>What is
price skimming?</h3>
Price skimming is a pricing strategy that a company can use when launching a new product or service.
Electronic products, such as the Apple iPhone, frequently use a price-cutting strategy during the initial launch period. Then, after competitors launch competing products, such as the Samsung Galaxy, the price of the product drops to maintain the product's competitive advantage.
The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. Skimming is commonly used when a product is new to the market (in its introduction or growth phase) and has few competitors.
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70% complete compute equivalent units of production.
<h3>What is
production?</h3>
Production is the process of mixing several material and immaterial inputs to create something for consumption. It is the act of producing an output, such as a good or service, that has value and contributes to people's utility.
Land, labour, capital, and entrepreneurship are the four production factors.
Production has six sides, according to Peterson and Anand (2004): technology, law and regulation, industry structure, organisational structure, professional careers, and market.
The four elements of production are inputs utilised in various combinations to produce goods and services for a profit. Land, labour, capital, and entrepreneurship are the production factors. They are the supply inputs required.
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Answer: Setting interest rates and acting as a lender to banks
Explanation: The Fed or the Federal reserve is a central banking authority in any nation. It is responsible for maintaining the money supply in the economy. Some of the functions performed by the central bank are,
a. Setting interest rates and acting as a lender to banks
b. Print currency notes and coins
c. Setting the repo and the reverse repo rates
d. Clearing inter bank payments.
Therefore, the correct option is Setting interest rates and acting as a lender to banks.
