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Answer: A. competition among producers</h3>
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Explanation:
Competition reduces prices while also increasing the quality of the product or service. Companies that don't do such things will likely be out of business since the customer can go elsewhere for a better experience. The more competition, the better consumers are off.
In contrast, monopolies are bad for consumers because one company can set the price to whatever they want (to a certain level of course) and the customer has no choice to pay that price. The customer does not have any other option so the company is in full control. This leads to decline in quality because quality is often associated with cost. Safety standards may decline as well. So this is why monopolies are not good for the customer. In cases where there are monopolies, such as with power utilities, it is strongly advised that government regulations are put in place. This way the company doesn't completely exploit the customer.
In short, we can eliminate choice D because it runs counter to choice A.
Choice C can also be eliminated because if you had a decrease in supply, then the price of the product is likely to go up if you hold other factors in check (such as keeping the same level of demand). Higher prices do not benefit consumers unless those consumers had an equal or better wage increase.
A raise in interest rates means that it becomes more expensive to borrow money. For example, a raise in interest rates means that mortgage rates go higher. This negative is slightly counterbalanced with the fact that savings accounts interest rates go up as well. Overall, I think a rise in interest rates means that consumers ultimately pay more, so we can cross choice B off the list as well.
Your answer is D The insurance cost would be different based upon health profiles, age, and converge.
Answer:
This is probably an example of <u>"a founder effect".</u>
Explanation:
The founder effect refers to a phenomena that arises when a small group of people turn out to be isolated from a larger group of people. The reason behind the founder effect is that randomness that go with choosing a minor group from a superior population.
There are many diseases in Amish which are inherited genetically, the reason is that their marriages are within their own community and this stops the entrance of new genetic variation.
Base from the advice that has been given to them, it is considered to be a good advice. It is because being able to be distracted means that the person could have more time to think about their decisions. With that, it could help them to be able to come up with the decision that they think would be best for them. That is why the advice that has given to them is a good advice.
Explanation:
Cultism is basically the practice of a cult and a commitment to something. Hope this helped :)
