Adjusting the Annual Cost of Automobile Insurance Based on Mileage

question 29

Multiple Choice

Adjusting the annual cost of automobile insurance based on mileage driven is an example of ________ pricing.

• A)personalization
• B)trigger
• C)utilization
• D)fixed

---

Definitions:

Retrieval Cues

External or internal prompts that aid in the recall of information from memory, facilitating access to stored memories.

Long-Term Memory

A type of memory capable of storing a large amount of information for potentially unlimited duration, including facts, experiences, and skills.

Short-Term Memory

The part of the memory system where information is stored for a brief period, typically from a few seconds to a minute.

Memory Recall

The process of retrieving information from the past, which can be consciously remembered such as facts, events, and experiences.