What is the average inventory if they order at the optimal order quantity?

What is the insurer's consideration or exchange of value regarding an insurance policy?

A) To sign endorsements or modifications to the policy. B) To make representations on the application. C) To pay death benefits to the beneficiary when the insured dies. D) To pay premiums in whole or within the grace period.

What is the difference between first and second movers?

What will be an ideal response?