<span>Rigid beliefs that are often untested or unfounded about a certain group of people are referred to as </span>stereotypes.
Is there some sort of chart or something to this so you can add an image
• services can be bought by consumers , as well as goods
• services can be bought at just about any price with not much difference in quality
• product markets are markets such as services
Explanation:
Insurance is concerned with the economic problems created by pure risks. Speculative risks are not insurable. Both speculative risk and pure risk involve the possibility of loss. However, speculative risk also involves the possibility of gain as well - even if there is no loss.