Which of the following is true of coinsurance?
A) The policyholders do not have to pay a premium.
B) Each policyholder has to pay a certain fee while making claims.
C) The responsibility of paying claims is split between the insurer and the policyholder.
D) All policyholders pay the same premium irrespective of the scheme they chose.
Question 2
Today, Julie attended her 12:30 Economics class. If she hadn't gone to class, Julie would have gone out to lunch with friends. She had other options; she could have worked or slept in. Julie's opportunity cost of going to class is the
A) income from working she gave u