If a consumer chooses not to perceive they are reaching ________
A) just noticeable difference
B) differential threshold
C) sensory threshold
D) absolute threshold
C
Business
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Which statement is (are) true regarding property and liability insurance market conditions? I. Premiums are high when the insurance market is "hard." II. Underwriting standards are tight when the insurance market is "soft."
A) I only B) II only C) both I and II D) neither I nor II
Business
A firm wishing to insure a single shipment of merchandise sent by a common carrier would purchase a(n)
A) annual transit policy. B) trip transit policy. C) bailee's liability policy. D) equipment floater.
Business