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Slav-nsk [51]
3 years ago
5

If an insurance company issues a disability income policy that it cannot cancel or for which it cannot increase premiums, the ty

pe of renewability that best desribes this policy is called
Business
1 answer:
Tresset [83]3 years ago
6 0
Honestly why did you take business
You might be interested in
A period of economic growth that follows the lowest point in a business cycle
BabaBlast [244]

Answer:

D. expansion

Explanation:

A business cycle is made up of six stages including: expansion, peak, recession, depression, trough, and recovery.

The trough is the lowest stage of the business cycle.

It is followed by recovery where the economy starts to turn around.

However the stage of economic growth after a trough is the expansion stage, where real gross domestic product (GDP) grows for more than 2 quarters.

This stage is characterised by rise in consumer confidence, employment, and the equity market.

5 0
3 years ago
A company had the following purchases and sales during its first year of operations: Purchases Sales January: 28 units at $210 1
DedPeter [7]

Answer:

$12,245

Explanation:

January:

Total value = Units left in inventory × cost per unit

                   = (28 - 19) × $210

                   = $1,890

February:

Total value = Units left in inventory × cost per unit

                   = (38 - 18) × $215

                   = $4,300

May:

Total value = Units left in inventory × cost per unit

                   = (33 - 22) × $220

                   = $2,420

September:

Total value = Units left in inventory × cost per unit

                   = (30 - 21) × $225

                   = $2,025

November:

Total value = Units left in inventory × cost per unit

                   = (35 - 28) × $230

                   = $1,610

Cost of the ending inventory:

= $1,890 + $4,300 + $2,420 + $2,025 +  $1,610

= $12,245

4 0
3 years ago
How can a business deal with employees who have lack of focus and future goals ?​
LenKa [72]

Answer:

motivation

Explanation:

Encourage them,make them see vision .

5 0
3 years ago
When the activity level declines within the relevant range, what should happen with respect to the fixed cost per unit and varia
viktelen [127]

Answer:

The correct answer is option C.

Explanation:

The fixed costs are the cost that does not vary with the level of output. It does not vary with the level of activity. The total fixed cost remains constant in the entire production process.

The fixed cost per unit is the ratio of total fixed cost and level of output. It decreases as the output level increases and rises with a decline in activity.

The variable cost is the cost that is incurred on the variable inputs used in the production process. It directly varies with the volume of activity. The total variable cost will increase with the increase of output as more variable inputs are employed.

The variable cost per unit is the cost incurred on each unit of output. It does not change with the level of activity unless there is a change in input prices.

8 0
3 years ago
Tanner Entertainment is a popular video game manufacturer. It has recently launched a special line of adventure video games, bas
masya89 [10]

Answer:

A concentration approach                                

Explanation:

In simple words, The Concentration strategy relates to a proactive approach where the focus of a corporation is a trading bloc or component. This helps the organisation to spend more money in manufacturing as well as marketing within that one region, but increase the chance of substantial losses in case of a decline in revenue or a rise in competition.

6 0
3 years ago
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