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

Author Question: If insurance is fairly priced, a risk-averse individual will purchase enough insurance to cover the ... (Read 42 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
on: Jul 1, 2018
If insurance is fairly priced, a risk-averse individual will purchase enough insurance to cover the full amount of the possible loss.
 
  What will be an ideal response?

Question 2

Fair insurance is a contract between an insurer and a policyholder in which.
 
  A) the value of the contract to the policyholder is negative.
  B) the value of the contract to the policyholder is zero.
  C) the risk of the contract to the policyholder is diversifiable.
  D) the value of the contract to the policyholder is positive.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
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 56% of students answer this correctly


urbanoutfitters

  • Member
  • Posts: 530
Reply 2 on: Jul 1, 2018
Gracias!

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Pharmacogenomics, Genetic makeup, Drug development, Individual response to drugs, Prescriptions Pharmacogenomics, Genetic makeup, Drug development, Individual response to drugs, Prescriptions
Risk for falls cont'd Risk for falls cont'd
Types of Health Insurance Service Coverage Types of Health Insurance Service Coverage
Use flat fingers to apply L stroke in several locations to cover the entire forehead, from midline ... Use flat fingers to apply L stroke in several locations to cover the entire forehead, from midline ...
Ocean cover most of Earth’s surface Ocean cover most of Earth’s surface
Describe the development of atherosclerosis, including its role in the risk of heart disease Describe the development of atherosclerosis, including its role in the risk of heart disease
Video: Osmosis - Isotonic, Hypotonic, and Hypertonic​ Solutions

For a complete list of videos, visit our video library