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 227 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?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

When teenagers live in single-parent homes, a good relationship with grandparents is related to ... When teenagers live in single-parent homes, a good relationship with grandparents is related to ...
The medical assistant will provide patient education regarding the daily use of diabetic glucose ... The medical assistant will provide patient education regarding the daily use of diabetic glucose ...
Taking a blood pressure is one of the procedures the medical assistant extern may perform under the ... Taking a blood pressure is one of the procedures the medical assistant extern may perform under the ...
Total Fitness and Wellness, Brief Edition, 4th Edition Total Fitness and Wellness, Brief Edition, 4th Edition
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: PET Scan Animation

For a complete list of videos, visit our video library