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Author Question: The figure shows the market for car insurance. If the companies can't determine who is a safe or ... (Read 49 times)

tth

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The figure shows the market for car insurance.  If the companies can't determine who is a safe or unsafe driver, a ________ equilibrium occurs and the premium is ________ per year.
◦ pooling; $1,000
◦ pooling; $800
◦ pooling; between $800 and $1,000
◦ separating; $1,000
◦ separating; $800


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Marked as best answer by tth on May 24, 2019

frankwu0507

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