What three insurance components do automobile and homeowner's policies usually have in common?
What will be an ideal response?
Answer: Liability, medical payments, and property coverage.
Business
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Holly's Candle Shop sells scented candles. The premium candles all sell for $10 each, the standard candles for $8, and all of the value candles sell for $5 each. Holly's Candle Shop appears to be using _____.
A) odd-even pricing B) leader pricing C) price lining D) penetration pricing E) price negotiating
Business
Over the time span of the production plan, which of the following can usually be varied to change
capacity? A) work force B) inventories C) plant and equipment D) all of the above E) A and B
Business