Answer:
Coverage D
Explanation:
Coverage D basically refers to insuring against the loss of use of your house, i.e. you cannot live in your house temporarily. Coverage D will provide for additional living expenses to the insured in order to cover lodging expenses while the insured property is being repaired and can be used again.
They being to fear things that could happen in real life.
Answer: Synergy.
Explanation:
Synergy occurs when different departments in an organization comes together to share ideas and resources with the sole aim of completing a project. A synergy for example, can be formed between the production and the marketing departments of a company to yield increase in sales.
When a country has a strong currency, generally its export decreases - this is the answer to the first question.
Imagine, a tone of rice costs 100 dollars, that is 100 pounds. With a strong dollar, it's 120 pounds now - the British will be able to afford less of US rice now!
About the second question - I think that if neither has an absolute advantage, this also likely means that neither has more natural resources.
now, country A exports milk to country B, which means that it's cheaper to produce milk in the country A. Therefore, the answer "<span>The opportunity cost of producing milk is lower for Country A" is correct.</span>
Answer: Option C
Explanation: Implicit cost or opportunity cost is the loss of profit from best alternative that is foregone. It is the cost directly paid by the individual himself rather than paying it to others as in case of explicit costs.
Implicit costs are not deducted while calculating accounting profit but they are when calculating economic profit. These costs usually remain fixed as the alternative has been rejected already.
So, from the above we can conclude that option C is correct.
