No, Geico offers free towing for customers who have the company’s roadside assistance coverage
A written document prepared by an entrepreneur that describes all the relevant external and internal elements involved in starting a new venture is known as a(n) business plan.
in the field of business, an idea or strategy that you formulate in order to set up a business is referred to as a business plan.
Based on these ideas, a written document is made in which all the ideas and strategies for the business are expressed.
A business plan describes all the factors and elements that will be required in the new business.
A business plan makes it easier to execute the plans made for a business or a new venture.
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Answer:
$45,000
Explanation:
Computation for the projected benefit obligation
December 31 PBO($278,000)
December 31 Plan assets 233,000
Funded status($45,000)
Therefore the projected benefit obligation was underfunded at the end of 2021 by: $45,000
Answer:
D. No seller can influence the price of the product
Explanation:
A perfect market for competition is a market which has a high level of competition.
It has the following features-
1. With regard to the market, knowledge is perfect in this rivalry between producer and consumer.
2. Free entry, and exit
3. Deals with same or homogeneous products
4. The buyers and sellers are more in this market
5. There is no transport cost
Moreover, the average revenue and the marginal revenue are equal.
So, the correct option is D.
<span>(D) is the most correct answer. When the weather is bad, this will shift the supply curve of (mostly inelastic) farm goods to the left. This will, in turn, raise the equilibrium price that farmers will be able to receive for the products. All else equal, this will raise the overall profit that the farmers will receive, even in times of bad weather.</span>
