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

Author Question: Insurance companies charge a lower premium to drivers who carry a higher deductible because A) ... (Read 139 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
on: Jun 29, 2018
Insurance companies charge a lower premium to drivers who carry a higher deductible because
 
  A) insurance companies are not profit maximizers.
  B) a driver's riskiness decreases as the driver's deductible increases.
  C) a high deductible signals a high risk.
  D) insurance companies prefer that drivers carry no deductible.

Question 2

The figure above shows a labor market. If this labor market is perfectly competitive, the wage rate is
 
  A) 4 per hour.
  B) 6 per hour.
  C) 8 per hour.
  D) 10 per hour.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dmurph1496

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


azncindy619

  • Member
  • Posts: 562
Reply 2 on: Jun 29, 2018
:D TYSM

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Sunda Clouded Leopard in lower Kinabatangan River, eastern Sabah, Malaysia Sunda Clouded Leopard in lower Kinabatangan River, eastern Sabah, Malaysia
Muscles of the lower extremity. Muscles of the lower extremity.
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher. A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
Horizontal stroking across the lower back. Horizontal stroking across the lower back.
Knead lower leg muscles by bending the knee until the foot is flat on the supporting surface. Reach ... Knead lower leg muscles by bending the knee until the foot is flat on the supporting surface. Reach ...
Video: Male Reproductive System - Testosterone

For a complete list of videos, visit our video library