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

Author Question: An individual will never buy complete insurance if: a. he or she is risk averse. b. insurance ... (Read 109 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jul 1, 2018
An individual will never buy complete insurance if:
 a. he or she is risk averse.
  b. insurance premiums are unfair.
  c. he or she is a risk taker.
  d. insurance premiums are fair.

Question 2

The largest problem faced in cartel pricing agreements such as OPEC is:
 a. detecting violations of quota barriers by cartel participants
  b. arriving at a profit maximizing price
  c. attracting participants in the cartel
  d. none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olderstudent

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

The underside of a male (top) and a female (bottom) individual of Pachygrapsus marmoratus, showing t The underside of a male (top) and a female (bottom) individual of Pachygrapsus marmoratus, showing t
Serotonin and Risk-Taking Behavior Serotonin and Risk-Taking Behavior
Reduce Risk of Unintentional Injury Reduce Risk of Unintentional Injury
Common Risk Factors Common Risk Factors
Suggested Antibiotic Prophylaxis Regimens in Patients at Potential Increased Risk of Hematogenous ... Suggested Antibiotic Prophylaxis Regimens in Patients at Potential Increased Risk of Hematogenous ...
Complete the worksheet Complete the worksheet
Video: Coronary Heart Disease Animation

For a complete list of videos, visit our video library