INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 58

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-Having your "reasonable and customary" surgical expenses paid is an example of [service | scheduled] benefits.

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

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Definitions:

Laptops

Portable personal computers with a clamshell form factor, suitable for mobile use and equipped with a screen and alphanumeric keyboard.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded, often considered the market-clearing price.

Equilibrium Quantity

The quantity of goods supplied is equal to the quantity demanded at the market equilibrium price.

Normal Good

A good for which demand increases when consumer income rises, and falls when consumer income decreases, all other factors being constant.