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

Author Question: What is an insurance premium?[br][br][b][color=#165FFA]Question 2[/color][/b][br][br]Ronald Coase ... (Read 81 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
What is an insurance premium?

Question 2

Ronald Coase argued that firms exist due to the presence of
 A) transfer costs.
  B) unions.
  C) transactions costs.
  D) easy market transactions.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yifu223

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jun 30, 2018
Answer to Question 1

An insurance premium is the price paid by an individual to sell the risk to the insurer, covering its payout if the disaster happens.

Answer to Question 2

C


jon_i

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Wow, this really help

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Color enhanced X ray of large malignant tumor in the right lung. Color enhanced X ray of large malignant tumor in the right lung.
How to plot a sine function containing an amplitude and phase-shift (Question 2 of 3) How to plot a sine function containing an amplitude and phase-shift (Question 2 of 3)
Question Question
Another question for grade 11 math Another question for grade 11 math
Biology Question to try Biology Question to try
CHEM QUESTION CHEM QUESTION
Video: Steps of glucose catabolism

For a complete list of videos, visit our video library