This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assume that an insurance company sets a single price for insurance equal to the total medical bills ... (Read 234 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
on: Jul 21, 2019
Assume that an insurance company sets a single price for insurance equal to the total medical bills paid by the insurance company divided by the number of its customers. If it pays medical bills of $5,000 for half of its customers and $9,000 for the other half of its customers, the price of insurance will be:
◦ $5,000.
◦ $6,000.
◦ $7,000.
◦ $9,000.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by newbem on Jul 21, 2019

pratush dev

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 21, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


newbem

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jul 21, 2019
Thanks


pratush dev

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Jul 21, 2019
Welcome :)


« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

There are more bacteria in your mouth than there are people in the world.

The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black
A caduceus, the emblem of the medical profession. A caduceus, the emblem of the medical profession.
Withdrawing Medication from Single-Dose or Multiple-Dose Vials Withdrawing Medication from Single-Dose or Multiple-Dose Vials
The Electronic Transmission and Storage of Medical Records The Electronic Transmission and Storage of Medical Records
A single-nucleotide change in the DNA encoding -globin A single-nucleotide change in the DNA encoding -globin
Concordance Values for Common Medical and Behavioral Conditions in Humans Concordance Values for Common Medical and Behavioral Conditions in Humans
Video: Introduction to Human Immunodeficiency Virus (HIV)

For a complete list of videos, visit our video library