Asked by
Austin Riedel
on Dec 15, 2024Verified
Insurance premiums, entrance fees, train fares, and organization dues are all examples of
A) charges.
B) countertrade.
C) profit.
D) price.
E) currency.
Insurance Premiums
Insurance premiums are the amount paid by individuals or businesses for insurance coverage, determined by risk factors and coverage levels.
Train Fares
The price charged to passengers for traveling on a train, which can vary based on distance, class, and timing.
- Learn the fundamentals of price and its ingredients within a range of market operations.
Verified Answer
JS
Learning Objectives
- Learn the fundamentals of price and its ingredients within a range of market operations.