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

Author Question: If insurance is fairly priced, a risk-averse individual will purchase enough insurance to cover the ... (Read 57 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
on: Jul 1, 2018
If insurance is fairly priced, a risk-averse individual will purchase enough insurance to cover the full amount of the possible loss.
 
  What will be an ideal response?

Question 2

Fair insurance is a contract between an insurer and a policyholder in which.
 
  A) the value of the contract to the policyholder is negative.
  B) the value of the contract to the policyholder is zero.
  C) the risk of the contract to the policyholder is diversifiable.
  D) the value of the contract to the policyholder is positive.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
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


urbanoutfitters

  • Member
  • Posts: 530
Reply 2 on: Jul 1, 2018
Gracias!

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

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

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Risk factors for falls Risk factors for falls
Increased risk of trisomy with maternal age. Increased risk of trisomy with maternal age.
Shope’s Model of Young Driver Crash Risks The model shows that many factors contribute to crash ris Shope’s Model of Young Driver Crash Risks The model shows that many factors contribute to crash ris
Risk Factors for Developing Breast Cancer Risk Factors for Developing Breast Cancer
How to avoid car insurance claims How to avoid car insurance claims
Risk assessment analyzes Risk assessment analyzes
Video: Exercise and cardiac output

For a complete list of videos, visit our video library