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Author Question: Which of the following losses to an individual would an insurance company NOT cover? A) The ... (Read 57 times)

geoffrey

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on: Jul 1, 2018
Which of the following losses to an individual would an insurance company NOT cover?
 
  A) The person's automobile is stolen.
  B) Fire destroys the person's home.
  C) The person's father dies.
  D) The person's country is invaded.

Question 2

If fair insurance is offered to a risk-averse person, she will
 
  A) buy enough insurance to eliminate all risk.
  B) not buy any insurance because it is overpriced.
  C) not buy any insurance since the marginal utility of the amount of the payment is positive.
  D) buy enough insurance to cover about half of the possible loss.
Microeconomics ¦ Perloff ¦ 8th Edition
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gcook

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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.
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geoffrey

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

alexanderhamilton

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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