The insured must demonstrate good health, among other things, in order to reinstate a lapsed policy
Indicate whether the statement is true or false
TRUE
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Answer the following statements true (T) or false (F)
1.Consider Figure 5.5. The Japanese export quota's revenue effect totals $1,200. 2.Consider Figure 5.5. The government of Mexico collects 50 percent of the export quota's revenue effect, or $600, in the form of tax revenue. 3.Consider Figure 5.5. Assuming that the revenue effect of the export quota accrues to Japanese firms, the overall welfare loss to Mexico equals $2,100 as a result of the quota. 4.Excessive sea transport and freight regulations are examples of nontariff trade barriers. 5.For the United States, corporate average fuel economy standards (CAFÉ) provide a minimum limit on the number of gallons of gas that an automobile can consume per mile driven.
Which term refers to giving some customers promotional allowances and support while not making other customers aware of such opportunities?
A. selective discounting B. price discrimination C. customer discrimination D. functional discounting E. exclusive dealing
A report for a responsibility center includes costs and revenues that are both controllable and uncontrollable by a manager
Indicate whether the statement is true or false
Jenna is looking for a method of training her employees that will allow them to learn at their own pace and will not disrupt the work environment. Jenna’s best choice of training method would be ______ training.
A. on-the-job B. classroom C. distance D. simulation