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Author Question: Adverse selection in competitive insurance markets harms a. high-risk individuals. b. low risk ... (Read 131 times)

LCritchfi

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Adverse selection in competitive insurance markets harms
 a. high-risk individuals.
  b. low risk individuals.
  c. owners of competitive insurance companies.
  d. everyone.

Question 2

Adverse selection arises in insurance markets because
 a. insurance buyers have more information than insurance sellers.
  b. insurance sellers have more information than insurance buyers.
  c. individuals can select which insurance company to patronize.
  d. insurance companies can exercise too much control over whom they insure.



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Alyson.hiatt@yahoo.com

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Answer to Question 1

b

Answer to Question 2

a




LCritchfi

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Reply 2 on: Jul 1, 2018
:D TYSM


xiaomengxian

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

 

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