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

Author Question: What is one reason car insurance seems much cheaper than health insurance? A) Health insurance ... (Read 213 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jul 1, 2018
What is one reason car insurance seems much cheaper than health insurance?
 
  A) Health insurance entails more idiosyncratic than systematic risk, and therefore the gains to diversification are more dramatic.
  B) Car insurance entails more systematic than idiosyncratic risk, and therefore the gains to diversification are more dramatic.
  C) Health insurance entails more systematic than idiosyncratic risk, and therefore there are fewer gains to diversification.
  D) Health insurance is manipulated through market power, and car insurance is not.

Question 2

One reason health insurance is very expensive is because
 
  A) it is likely a nearly fair insurance policy.
  B) it is subject to manipulation through market power.
  C) the government doesn't regulate the industry enough.
  D) it is likely an unfair insurance policy.
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

bigsis44

  • Sr. Member
  • ****
  • Posts: 317
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 39% of students answer this correctly


kshipps

  • Member
  • Posts: 571
Reply 2 on: Jul 1, 2018
:D TYSM

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Health Benefits of Marriage Health Benefits of Marriage
Health care setting. Health care setting.
Environmental Health Environmental Health
Principles and Foundations of Health Promotion and Education (6th Edition) Principles and Foundations of Health Promotion and Education (6th Edition)
Population and Community Health Nursing, 6th Edition Population and Community Health Nursing, 6th Edition
Most Canadian seniors rated their health as good to excellent. Most Canadian seniors rated their health as good to excellent.
Video: Types of Burns

For a complete list of videos, visit our video library