An insurance company that holds a certificate of authority in a state may be known as any of the following EXCEPT
A) accepted
B) authorized
C) admitted
D) approved"
Answer: A) accepted
Business
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The net marketing contribution and marketing and sales expenses of a business are $2 million and $725,000, respectively. Calculate the margin per unit if the business produces 100,000 units
A) 27.2% B) 13% C) 31.6% D) 8.9% E) 22%
Business
A transportation problem has an optimal solution when:
A) all of the improvement indices are greater than or equal to zero. B) all demand and supply constraints are satisfied. C) the number of filled cells is one less than the number of rows plus the number of columns. D) all the squares are used. E) all origin-destination combinations have been made equally low in cost.
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