Which compensation approach refers to three types of person-focused pay programs?

Companies that sell products whose prices are set by market forces are called

a) price takers. b) price givers. c) price leaders. d) price setters.

Why do regulators care whether high-risk drivers have insurance?

A) Regulators are silly and have nothing better to do. B) Otherwise insurance companies would lose too much money. C) Excluding high-risk drivers is a violation of the Constitution. D) The societal costs associated with the accidents caused by high-risk drivers is at least somewhat reduced by having them pay an insurance premium, even if it is too low for the associate risk.