Answer: C. Law of Large Numbers
Explanation:
The law of large numbers, posits that as the sample size grows, the mean of the samples will be closer to the average that's meant for the entire population.
According to the law of large numbers, when an experiment is repeated so many times, and then the results are averaged, the value that one gets will be close to the expected value.
In insurance, the more companies that are insured by the insurance company, the more likely they will b able to predict the percentage of losses over a given period of time.
The greater availability of apartments is not one of the tools that can characterize rent control.
- The term rent control refers to the rules and regulations that are given by the policymakers. The rent control can reduce the quality and the rental housing units.
Hence the option B is correct.
Learn more about the is not a characteristic of rent controls
brainly.com/question/1331723.
Answer:
the minimum point on the AVC curve
Explanation:
The average variable cost denoted as AVC represent all the variable costs as electricty, water, gas, etc. divided by the output produced.

Where VC is the variable cost and Q represent the output produced.
In the short-run, a firm can "increase profits if the marginal revenue obtained from selling a product if exceeds the marginal cost of making that product".
And the lowest point on a competitive firm short run needs to correspond to the minimum point on the AVC curve since we assume that we are in a competitive firm's scenario, all the prices and variable costs needs to be as lowest possible in order to be competitive.
Omg, I'm doing platoweb right now too. For real :(