In the market for insurance, low risk customers are not served ...

[karen]

In the market for insurance, low risk customers are not served because
 a. They do not like buying insurance
 b. They are more costly to serve
 c. Products designed to be attractive to them are also attractive to high risk types.
  d. All of the above

Question 2

An example of price floor is
 a. Minimum wages
  b. Rent controls in New York
  c. Both a and b
  d. None of the above

[Benayers]

Answer to Question 1

c

Answer to Question 2

a

[karen]

Thanks for the timely response, appreciate it

[Mochi]

Wow, this really help