The role of producers - Study guides, Class notes & Summaries

Financial Intermediaries correct answers Entity that obtains money from one source and redirects it to another EX: Banks Importance to Economy correct answers Financial Intermediaries Premium Half of all property-casualty premiums Importance to Society correct answers Allows society to plan and assume responsibility with certainty Importance to Customers correct answers Claim payments Provides stability and financial security Customers Buy insurance for all of the following reaso...

Fundamental Economic Concepts 2024 Questions and Answers. Becoming informed about economics helps a person understand the a. reasons a command economy is ideal. b. role of government in regulating production. c. why consumers receive tax revenue. d. reasons an economy must always be completely regulated. Answer- b. role of government in regulating production. The idea of supply and demand is based on the development of a. business decisions in a thriving economy. b. sufficient products ...

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

Fundamental Economic Concepts 2024 Questions and Answers. Becoming informed about economics helps a person understand the a. reasons a command economy is ideal. b. role of government in regulating production. c. why consumers receive tax revenue. d. reasons an economy must always be completely regulated. Answer- b. role of government in regulating production. The idea of supply and demand is based on the development of a. business decisions in a thriving economy. b. sufficient products ...

IUPUI BUS-x100 Exam 1 Questions and Answers Already Graded A An economic system in which individuals and businesses make the decisions about what to produce and what to buy, and the market determines how much is sold and at what prices is called a _________ economy. A. product B. producer's C. command D. market E. planned Market The market price of peaches is currently falling. In a free-market economy, the most likely explanation of this price change is that: A. the government has decid...

ENWC 201 Final EXAM Study Guide Questions And Answers All Verified What is an animal’s niche? How many dimensions can a niche have? Can animals share a niche? o An animal’s niche is the functional role of an organism considered in the environment in which it lives o The job of an organism o No two organisms can occupy the same niche at the same place and time ● What is a specialist vs. a generalist? o Specialists: lesser range of optimal conditions o Generalists: greater range of...

Protists Ecological Importance - ANSWER Protists are a very diverse group and are found in many diverse habitats throughout the planet. The main ecologically important role that protest play is as primary producers in aquatic systems. - The fill this role in both marine and freshwater ecosystems. Believed tat protists fix as much as 50 percent of the. carbon that is sequestered. This makes them very important in aquatic food webs by performing photosynthesis, growing, and being consumed by o...

What is an animal's niche? How many dimensions can a niche have? Can animals share a niche? - Answer-•the functional role/job of an organism considered in the environment it lives in •many dimensions, but can be divided to 3: the ecological 'space' it fills, and the physical space it literally fills and time when they do •no animals can share the same niche! What is a specialist vs a generalist? - Answer-•specialist: narrow niche, limited diet, restricted to a particular location...

Although most policies are occurrence forms, covering claims that occur during the policy period, some are claims-made forms. Which one of the following types of loss is most likely to involve a claims-made form? Select one: A. An automotive collision claim. B. A homeowners liability claim due to a slip and fall. C. A homeowners claim due to storm damage. D. A medical malpractice claim. - D. A medical malpractice claim. Claims-made forms are most often used for environmental, medical mal...

Bio 106 Ecology Questions and Answers Already Passed What is a "community"? A group of many species organized by interactions What interactions structure the community? Mutualism, Consumption, Competition Who gets harmed, who benefits in each type of interaction? Mutualism- both benefit Consumption- one species benefits, other is harmed Competition- both species harmed, one more than the other How do these interactions create an interdependence underlying community structure? ...