Answer:
c. private markets tend to undersupply public goods
Explanation:
Because of the free-rider problem, private markets tend to undersupply public goods
Gross Domestic Product (GDP)
The correct answer is D. The annual premium for the cheapest policy is $6,644.
A life insurance policy can pay out in the event of the insured's death, whether or not before a specific date, or if the insured is alive on a specific date.
A life insurance policy can also be a mixture of both, in that case it pays out both when you are alive and when you die earlier. Finally, a life insurance policy can provide a periodic payment as long as the insured person is alive or precisely from the moment the insured person dies.
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Answer:
The answer is "Option C"
Explanation:
Please find the complete question in the attachment file.
In this question except for choice c, all are incorrect which can be defined as follows:
- It is inappropriate because when Dfemme and Dmale are paired together, it will core product multicollinearity.
- It's inaccurate because the sum of Dmarried and Dsingle equals 1 but produces ideal multicollinearity.
- It's also inaccurate since Dmarried and Dsingle, as well as Dfemme and Dmale, will all add up to one.
Insurance premiums, entrance fees, train fares, and organization dues are all examples of price.
<h3>What is price?</h3>
Price is the amount of payment or compensation given by one party to another for a good or service. In some situations, the price of the product has a different name. If an item is a "commodity" in a commercial exchange, the consideration paid for that item is likely to be called its "price."
There are many other types of price. Some of them, like the threshold price, are conceptual. Others relate to the timing of a potential deal or the relative strength of the buyer and seller. However, they all ultimately have something to do with the spot price.
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