Health insurance companies impose deductibles on policies and ...

[ahriuashd]

Health insurance companies impose deductibles on policies and co-payments on claims to reduce the problem of adverse selection.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 3-4. If the price is 15
 
  A) there would be a shortage of 400 units. B) there would be a surplus of 300 units.
  C) there would be a surplus of 400 units. D) there would be a shortage of 300 units.

[dlook33]

Answer to Question 1

FALSE

Answer to Question 2

D