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Answer:
b. zero if either expectation to succeed or the perceived value of a goal is zero.
Explanation:
Expectancy x value theory also known as expectancy-value model of expectation asserts that the relationship between value and expectation is multiplicative, that is, if the value and individual puts on a task is zero, that individual will not feel motivated to achieve that task. Conversely, if the value is high but expectation to completing the task is zero, the individual will also not be motivated to complete the task.
A deductible is a sum of loss from which the insurance policy expressly excludes coverage.
What do you mean by insurance contract?
In a legal document called as an insurance contract, the agreement between an insurance provider and the insured is laid out. Every insurance transaction is centered around the insuring agreement, which specifies the risks covered, the policy's limits, and the length of the policy.
What type of contract is an insurance policy?
One party only makes an enforceable guarantee in a unilateral contract, which is referred to as such. When it comes to making a legally binding commitment to pay covered claims, the insurer alone establishes unilateral contracts that make up the majority of insurance policies.
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Answer: production cost
Explanation: profit equals the total amount of money made minus the production cost. In financial terms, you have a profit when the amount of revenue gained from a business interaction surpasses its expenses as well as cost and taxes.
