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Author Question: Insurance can be profitable when it A) eliminates risks. B) decreases risks. C) pools risks. ... (Read 407 times)

kaid0807

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on: Jun 29, 2018
Insurance can be profitable when it
 
  A) eliminates risks.
  B) decreases risks.
  C) pools risks.
  D) changes the individual's marginal utility of wealth.

Question 2

Any such pollution is
 
  A) an external benefit.
  B) an external cost.
  C) a private cost.
  D) a private benefit.


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raenoj

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


kaid0807

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

bitingbit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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