Who agrees to pay for certain types of losses in exchange for payments on a policy?
An insurer. An insurer is someone representing a company that is insuring someone else. When you are insured, you are paying for a policy and if you need to file a claim against your policy, the insurer will pay out the loss.
Answer:
A) Added benefits such as health insurance provided to employees of large corporations.
Explanation:
A struggling rock band can be considered an entrepreneurial venture, depending on how much Nick loves music. But struggling ventures cannot offer employees or coworkers the same benefits or perks that large and established companies can offer. The example used here was health insurance but other perks may include paid vacation, paid sick days, retirement plans, etc.
Meat
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In monopolistic competition prices are usually higher than in perfect competition.