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Author Question: Limited AccessThe graph shows the demand for insurance by low-cost people (Dlow-cost), the demand ... (Read 211 times)

ksmithunr

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on: Nov 23, 2022
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The graph shows the demand for insurance by low-cost people (Dlow-cost), the demand for insurance by high-cost people (Dhigh-cost), the premium charged by insurance companies that expect to have a 50-50 mix of customers (P50-50) and the premium charged by insurance companies that expect to have more high-cost people than low-cost people (Ppessimistic).

Assume that P1=$5,500, P2=$8,250, Q1=20, Q2=60, and Q3=168. When the insurance company has an expectation of a 50-50 mix of customers, what percentage of actual customers are high-cost? What percentage are low-cost?
Please round your final answer to two decimal places.
◦ 11.90%, 10.64%
◦ 89.36%, 88.10%
◦ 89.36%, 10.64%
◦ 11.90%,88.10%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by ksmithunr on Nov 23, 2022

ellie

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Reply #1 on: Nov 23, 2022
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.
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ksmithunr

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Reply 2 on: Nov 23, 2022
:D TYSM

meganmoser117

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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