Author Question: Individuals who are more risk averse a. buy less insurance b. buy more insurance c. are not more ... (Read 119 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
Individuals who are more risk averse
 a. buy less insurance
  b. buy more insurance
  c. are not more or less inclined to buy insurance
  d. are philosophically opposed to insurance

Question 2

The supply curve for a monopoly is given by:
 a. the firm's marginal cost curve above the average variable cost curve.
  b. the one point on the demand curve that corresponds to the quantity for which price is equal to MC.
  c. the one point on the demand curve that corresponds to the quantity for which MR equals MC.
  d. the entire demand curve above the point where price is equal to average cost.



fauacakatahaias

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

b

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

For a complete list of videos, visit our video library