Answer:
The statement is: False.
Explanation:
Life Insurance is a financial contract that protects an individual's dependents in the case of his or her death. In life, the policy holder makes payments on a regular basis -typically monthly- to be covered and selects who the beneficiaries will be if he or she passes away. The beneficiaries receive a lump sum of payment only in front of that event.
Answer:
C. Sleeping in late and waking up early.
Explanation:
Two or more events are said to be mutually exclusive if and only if they can't happen at the same time.
Going with the above brief analysis, we.can easily say which of the pair of events is not mutually exclusive.
1. Rolling a 4 on a six-sided die and on a four-sided die
It's 100% possible to have an outcome of 4 when a 4 sided die and when a 6 sided die are rolled, whether at the same time or on different occasions. So, this pair of events are not mutually exclusive
2. Making rice and making corn
This pair of events are not mutually exclusive because it's possible to make rice and corn at the same time either together as a meal or separately using different cooking utensils
3. Sleeping in late and waking up early
This pair of events are mutually exclusive. This is so because literally, it's not possible to sleep late and wake up early at the same time.
You sleep early to wake early and you sleep late to wake late.
4. Going to work and riding the bus.
This pair of events are not mutually exclusive because they can occur at the same time when you go to work a bus.
So, option C is the correct answer
Answer:
firms anticipate rival firms' decisions when they make their own decisions.
Explanation:
Game theory assumes that firms anticipate rival firms' decisions when they make their own decisions. It is very important and necessary for understanding firms operating in an oligopolistic market.
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
This ultimately implies that, under the game theory, when firms makes a decision about their business, it is expected that they consider how the other firms would react to such decisions.
Answer: PANAS
Explanation:
PANAS is a positive and negative Affect Schedule, a self report questionnaire that has questions to evaluate the positives and negatives of a product or service. PANAS can be used to carry out customers research.
