1. The building or the work place and it's called Property insurance
2. the works health and it's called Workers’ compensation insurance
3. Vehicle insurance (the business's vehicles)
4. Professional liability insurance (covers a business against negligence claims due to harm that results from mistakes or failure to perform)
5. Product liability insurance (if the business manufactures a product can have damage ones but with coverage available to be tailored specifically to a specific type of product)
6. Business interruption insurance (like if a flood happen then the business won't be able to operate for a while so they'll lose in income so business interruption insurance compensates a business for its lost income during these events)
Answer:
The answer is: B) Competitive parity with each other.
Explanation:
Rapida Inc. and Click Inc. have competitive parity with each because they are both losing money and both have the same negative rate of return.
Competitive parity happens when one company achieves standard or average results as compared to other similar company (or companies) in their industry.
The idea that is not consistent with perfect competition is product differentiation.
<h3>What is a perfect competition?</h3>
A perfect competition is a market where there are many buyers and sellers of identical goods and services. Market prices are set by the forces of demand and supply. This, they are price takers. There are no barriers to entry or exit of firms into the industry.
Here are the opti0ns to this question:
product differentiation
freedom of entry or exit for firms
a large number of buyers and sellers
price-taking behavior
To learn more about perfect competition, please check: brainly.com/question/17110476s
