Explain TWO reasons why someone might NOT choose the “best buy”/“ better deal” when looking at a unit rate for a product. be sure to use example to support your answer.

Step-by-step explanation:

Lets consider an example of unit rate/Unit price

10 pencils for Rs.4.00, or

6 pencils for Rs.2.70 ?

Here is the Unit Cost:

Rs 4.00 / 10 = Rs.0.40 per pencil

Rs 2.70 / 6 = Rs.0.45 per pencil

So the lowest Unit Price (and the best bargain) is 10 pencils for Rs.4.00

Here we do not focus on the quality of the pencil purchased,we only concentrate over the lowest  price that is offered.

2 reasons why we will not choose the "best buy or better deal "option when looking for a unit rate for a product because

all group life insurance is term insurance. actually it is annual renewable term and it is rated on the average age and claims experience of the entire group, which is called "experience rating." remember, this type of insurance has a 31-day grace period and is convertible to whole life upon leaving employment. a contributory group plan requires that both the employer and the employees pay part of the premium. at least 75% of those eligible must participate, so the group is sure to get most of the healthy employees as well as those that are sick.

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