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Author Question: Adverse selection in competitive insurance markets harms a. high-risk individuals. b. low risk ... (Read 81 times)

LCritchfi

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on: Jul 1, 2018
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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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


LCritchfi

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  • Posts: 519
Reply 2 on: Jul 1, 2018
Wow, this really help

FergA

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

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