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

Author Question: Insurance companies charge a lower premium to drivers who carry a higher deductible because A) ... (Read 183 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
on: Jun 29, 2018
Insurance companies charge a lower premium to drivers who carry a higher deductible because
 
  A) insurance companies are not profit maximizers.
  B) a driver's riskiness decreases as the driver's deductible increases.
  C) a high deductible signals a high risk.
  D) insurance companies prefer that drivers carry no deductible.

Question 2

The figure above shows a labor market. If this labor market is perfectly competitive, the wage rate is
 
  A) 4 per hour.
  B) 6 per hour.
  C) 8 per hour.
  D) 10 per hour.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dmurph1496

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


azncindy619

  • Member
  • Posts: 562
Reply 2 on: Jun 29, 2018
Excellent

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
Charge development is unfavorable and can be circumvented by donation of a proton Charge development is unfavorable and can be circumvented by donation of a proton
Grace Service, a YMCA missionary, explained that these porters worked at the base of Mount Omei in S Grace Service, a YMCA missionary, explained that these porters worked at the base of Mount Omei in S
The upper intake manifold, often called a plenum, attaches to the lower intake manifold. The upper intake manifold, often called a plenum, attaches to the lower intake manifold.
Percentage of higher-income Canadian households Percentage of higher-income Canadian households
Wind that lifts the hairy modified sepals of a dandelion (Taraxacum) fruit may carry the attached se Wind that lifts the hairy modified sepals of a dandelion (Taraxacum) fruit may carry the attached se
Video: Glucose anabolism reactions: Glycogenolysis and Gluconeogenesis

For a complete list of videos, visit our video library