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

Author Question: The idea of an insurance company "pooling" the risk means that (Read 37 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
on: May 24, 2019
The idea of an insurance company "pooling" the risk means that
◦ the risk is completely eliminated from society.
◦ the insurance company requires buyers to pay a large deductible.
◦ the risk is spread over a large population.
◦ the insurance company insists on a pooling equilibrium.
◦ moral hazard and adverse selection are eliminated.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by savannahhooper on May 24, 2019

Awesome

  • Sr. Member
  • ****
  • Posts: 280
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


savannahhooper

  • Hero Member
  • *****
  • Posts: 576
Reply #2 on: May 24, 2019
Thanks


Awesome

  • Sr. Member
  • ****
  • Posts: 280
Reply #3 on: May 24, 2019
Welcome :)


« previous next »
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Risk factors for falls Risk factors for falls
Dual Systems Model of Risk-Taking Dual Systems Model of Risk-Taking
Types of Health Insurance Service Coverage Types of Health Insurance Service Coverage
How People Match Their Goals to Their Means How People Match Their Goals to Their Means
Risk Factors of Osteoporosis Risk Factors of Osteoporosis
Risk Factors for NSAID-Induced Gastrointestinal Ulcers Risk Factors for NSAID-Induced Gastrointestinal Ulcers
Video: Lipid catabolism ( ketogenesis and oxidation of glycerol) and Lipid anabolism (lipogenesis)

For a complete list of videos, visit our video library