Insurance fraud is estimated to cost $27.6 billion per year. This includes Automobile fraud, Business and Commercial fraud, Homeowner fraud, Life/disability fraud, and others. true or false?

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators