An individual will never buy complete insurance if a. he or she ...

[JMatthes]

An individual will never buy complete insurance if
 a. he or she is risk averse.
  b. he or she is a risk taker.
  c. insurance premiums are fair.
  d. under any circumstances.

Question 2

The conditions for unaligned retailer and manufacturer incentives include
 a. customers are familiar with the product before they shop for it
  b. retailers have no opportunity to educate consumers
  c. manufacturers have little scope for educating consumers
  d. demand for the product is decreased with some consumer education

[pangili4]

Answer to Question 1

b

Answer to Question 2

c