The normal procedure under the misstatement of age provision
in regard to the payment of the death claim is that the procedure would be
reduced based on the premium in which whatever it would have been if this has
been purchased at the age of fifty nine years old.
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It would be false, because they don’t go into the same category
The best answer for this statement would be:
are not subject to the timing problems of discretionary fiscal policy
<span>There is a fact that automatic stabilizers increase the chance of depleting the budget deficits, even in times of recessions. While discretionary fiscal policy is more of identifying the lags to enact the change in fiscal policy.</span>
Answer:
E - large firms may be able to purchase inputs at lower costs than smaller competitors
Explanation:
Economies of Scale are the cost advantage that accrue to a firm due to the size of the firm's output.
A large firm buys in large quantities and can therefore enjoy discounts from suppliers because of the size of their purchase. This is an example of economies of scale.
This discount might not be available to smaller firms because their orders are smaller compared to that of larger firms and so do not qualify for the discount.
