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Hotels in New York City frequently experience an average vacancy rate of about 20 percent (i.e.,on an average night,80 percent of their rooms are full) .This excess capacity is indicative of a(n) ____ industry.
Life Insurance Policy
A contract with an insurance company that, in exchange for premium payments, provides a lump-sum payment to beneficiaries upon the insured person's death.
Drunken Rage
An extreme anger or aggressive behavior exhibited by an individual under the influence of alcohol, which can lead to unpredictable and potentially harmful actions.
Entire Amount
The entire amount refers to the full sum or total of something, without omitting any part or portion in calculations or distributions.
Insurance Claimed
The process by which an individual or entity requests payment from their insurance company for coverage or compensation for a covered loss.
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