Greta has liability and collision insurance, but no comprehensive insurance on her 2009 Honda Accord. One night, it is stolen fr
om the parking space outside her condo and never recovered by the police. Which of these policies pays her for the value of her vehicle so she can get another one?
The correct answer is: Comprehensive insurance. Unfortunately, Greta does not have it.
Explanation:
Comprehensive insurance covers the replacement or repair of a car in the case it was stolen or damaged -only if not in a collision. Liability insurance covers the expenses of the damages caused to a third party but not the insured. Collision insurance covers the damages of the repairs of a car in front of an accident.
Greta only has <em>liability </em>and <em>collision </em>insurance but <em>none of them will cover the value of her vehicle for her to purchase another car</em>. She should have hired <em>comprehensive </em>insurance to help her in front of this situation.
Factors that impact the poverty rate: crime depending on the place the person lives in, social inequality, environmental conditions, and the lack of education
Advantage in competition. ( competitive advantage)
Explanation: Whenever a hospital is more equipped or fully equipped with tools, machines, and any other factor that favors the saving of lives, that hospital will mostly have the upper hand in competition against it's rivals. It is safe to say a heart patient who is facing a life threatening situation would rather be taken to such a hospital for quick response to save their lives. A hospital less equipped with these kind of machines , especially those needed in critical moments like defibrillating someone who is experiencing cardiac arrest, will less likely be a first choice to treating patients of these nature. In critical moments like these a hospital better equipped will always be the first choice, disregarding other factors like cost. Now distance could be critical, but again, almost always if the distance is not too long then the better equipped gets the patients.
A supply curve is a graph showing the relationship between price and quantity supplied. It slopes upward indicating a positive/direct relationship between price and quantity supplied. In this case, the higher the price of televisions, the more units of televisions will be supplied in the market. The supply curve is plotted from a supply schedule. This would be the suitable alternative if Sharon's boss was interested in a graphical presentation to analyse the quantity supplied of television in the market per given time period and price.
A supply schedule shows the relationship between price and quantity supplied using a given set of numbers/data. This would be the suitable option if Sharon's boss was more interested in a visual represenation of the quantity of television sold at given prices and particular time periods.
The correct answer is choice c, changes in the price level.
Aggregate supply is only affected by capital, labor, and technology in the long run because everything in the economy is assumed to be used optimally. Of the options that are presented, the only option that is not capital, labor or technology is the change in price level, which makes it the correct answer.
