False
if it is a true false answer the answer is false
Answer:
A producer who has a <u>"comparative advantage"</u> experiences less cost when producing that good when compared with another producer.
Explanation:
When a producer is able to produce goods at a lower opportunity cost than the cost of other producers or partners of trade, than the term which is used in economics for this is comparative advantage. When you sell goods at lower cost than the others, it’s obvious that you will get stronger sale margins because everyone will buy your products.
Answer:
a. with whom they share some similarity
Explanation:
- Art of persuasion occurs when the interested people focus on the arguments and records that respond with a favorable thought. Are implicit and effective and thus get more easily attracted by a message that is delivered by someone and that some shares a relationship or a close connection with that person.
Answer:
D. Claims are paid to the policyowner separately by each insurer participating in the reinsurance agreement.
Explanation:
Option D is correct because it does not apply to reinsurance.
In reinsurance, the company known as the insurer accepting part of the risk that are being transferred from another insurer is known as the reinsuring company.
Also, the insurer that is seeking to transfer part of its risk to another insurer is called the ceding company. Reinsurance is a risk sharing process between the insuring companies. Insurer that transfers part of his risk to another insurer does that in order to limit their total loss which they might incur in the case of any disaster.
One of the second is Kangchenjunga
