Use the Following Two Columns of Items to Answer the Matching

question 40

Short Answer

Use the following two columns of items to answer the matching questions below:
-deductible
A)pays for injuries to you or people in your car in an accident where you (the driver) are at fault
B)requires individuals who drive cars to purchase a minimum amount of liability insurance
C)a set dollar amount that you are responsible for paying before any coverage is provided by your insurer
D)covers damage to your car when you are at fault in an accident
E)vehicle insurance to cover various injuries, your property, and the property of others
F)covers damage to your car as a result of theft, fire, vandalism, or various other events

• A)pays for injuries to you or people in your car in an accident where you (the driver) are at fault
• B)requires individuals who drive cars to purchase a minimum amount of liability insurance
• C)a set dollar amount that you are responsible for paying before any coverage is provided by your insurer
• D)covers damage to your car when you are at fault in an accident
• E)vehicle insurance to cover various injuries, your property, and the property of others
• F)covers damage to your car as a result of theft, fire, vandalism, or various other events

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Definitions:

Marginal Product

The rise in output due to an extra unit of input.

Marginal Product

The additional output that can be produced by adding one more unit of a specific input, keeping all other inputs constant.

Marginal Profit

The rise in earnings achieved by selling an extra unit of a product or service.

Market Price

The current price at which an asset or service can be bought or sold in a marketplace.