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Author Question: Many people do not fully insure against risk because A) they are risk averse. B) the insurance ... (Read 105 times)

beccaep

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Many people do not fully insure against risk because
 
  A) they are risk averse.
  B) the insurance companies are all crooks.
  C) the insurance offered is less than fair.
  D) the insurance offered is more than fair.

Question 2

A person is betting a coin will come up heads or tails. The coin always lands on one of these two outcomes. This person can bet to
 
  A) eliminate only the systematic risk.
  B) eliminate only the random risk.
  C) eliminate all risk.
  D) All of the above.


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popopong

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beccaep

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


LegendaryAnswers

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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