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Author Question: If the insurance company can successfully screen both Nadia and Samantha into appropriate contracts, ... (Read 59 times)

mpobi80

  • Hero Member
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  • Posts: 519
on: Jul 1, 2018
If the insurance company can successfully screen both Nadia and Samantha into appropriate contracts, it would earn
 a. Between a zero and 200 loss
  b. Between zero and 200
 c. 3500 loss
 d. 3500 gain

Question 2

Total surplus or gains created from trade equal
 a. Seller surplus
  b. Buyer surplus
  c. The summation of seller and buyer surplus
  d. Profits earned by a firm


welcom1000

  • Sr. Member
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  • Posts: 298
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

c


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