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

Author Question: Insurance companies can lower their risks by (Read 44 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: May 25, 2020

Question 1

A consumer will buy more units of a good if the value of the good's
◦ total utility is greater than price.
◦ marginal utility is less than price.
◦ total utility is less than price.
◦ marginal utility is greater than price.

Question 2

Insurance companies can lower their risks by
◦ using the law of large numbers to make the number of claims more predictable.
◦ diversifying across insurance products.
◦ granting large numbers of independent risk policies.
◦ all of the above.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by awywial on May 25, 2020

helenmarkerine

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: May 25, 2020
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 56% of students answer this correctly


awywial

  • Member
  • Posts: 577
Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
Upper canine and lower canine. Upper canine and lower canine.
Types of Health Insurance Service Coverage Types of Health Insurance Service Coverage
The target lambda on this vehicle is slightly lower than 1.0 indicating that the PCM is attempting ... The target lambda on this vehicle is slightly lower than 1.0 indicating that the PCM is attempting ...
Horizontal stroking across the lower back. Horizontal stroking across the lower back.
Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ... Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ...
Video: Protein Secondary and Tertiary Structures - Animation

For a complete list of videos, visit our video library