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

Author Question: Insurance companies can lower their risks by (Read 47 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: May 25, 2020

Question 1

A consumer will buy more units of a good if the value of the good's
◦ total utility is greater than price.
◦ marginal utility is less than price.
◦ total utility is less than price.
◦ marginal utility is greater than price.

Question 2

Insurance companies can lower their risks by
◦ using the law of large numbers to make the number of claims more predictable.
◦ diversifying across insurance products.
◦ granting large numbers of independent risk policies.
◦ all of the above.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by awywial on May 25, 2020

helenmarkerine

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


awywial

  • Member
  • Posts: 577
Reply 2 on: May 25, 2020
Wow, this really help

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Pott’s Occurs at the ankle and affects both bones of the lower leg (fibula and tibia) Pott’s Occurs at the ankle and affects both bones of the lower leg (fibula and tibia)
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Personality Behavior Patterns and Their Risks for Heart Disease Personality Behavior Patterns and Their Risks for Heart Disease
The target lambda on this vehicle is slightly lower than 1.0 indicating that the PCM is attempting ... The target lambda on this vehicle is slightly lower than 1.0 indicating that the PCM is attempting ...
Founder of Adidas and Puma companies are brothers Founder of Adidas and Puma companies are brothers
Video: Autonomic Nervous System Animation

For a complete list of videos, visit our video library