Author Question: A necessity (such as food and shelter) generally has an inelastic demand. Indicate whether the ... (Read 138 times)

Sportsfan2111

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A necessity (such as food and shelter) generally has an inelastic demand.
 
  Indicate whether the statement is true or false

Question 2

If you have private information that you are a safer driver than your record indicates, you are likely to buy an insurance policy with
 
  A) a higher than average deductible.
  B) a positive but lower than average deductible.
  C) an average deductible.
  D) no deductible.



nothere

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Answer to Question 1

TRUE

Answer to Question 2

A



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nothere

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