The correct answer is letter D.<span>
<span>The
description above is an example of a collection of demographic information.
This refers to characteristics of a certain population in particular geographic
location. Race, gender, age, profession, among others, are typical examples of
demographics that are commonly used in surveys. </span></span>
Answer:
b. products that have identical attributes, such as frozen yogurt.
Explanation:
A monopoly is formed when a firm or a group of firms have a an unfair advantage in supplying a product and faces no competition while operating.
It is important to identify the market where the monopolist exists.
In the given scenario where Dairy Cream wants to merge with EZ Freeze Inc., its main competitor and a maker of ice cream and other frozen desserts. The merger will eliminate competition and the product market is defined under ice cream and products that have identical attributes, such as frozen yogurt.
Adverse selection describes situations when high-risk persons are more likely to receive insurance or when one bargaining side has important knowledge that the other does not. Our goal is to influence decision-makers, both inside and outside of government, to consider the future and adopt long-term plans.
When vendors and/or purchasers have different knowledge about a certain component of a product's quality, this is referred to as adverse selection. Thus, those who work in hazardous environments or lead high-risk lives are more likely to buy life or disability insurance, knowing that they will likely be able to use it.
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Answer:
$2884
Explanation:
Given that:
- 28 employees qualify for one vacation day each
- Average daily wage is $103 per day
So he amount of vacation benefit expense to be recorded for the month of July:
= number of employees * average daily wage
= 28*$103
= $2884
