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Author Question: PoolingSuppose there are 100 people in a town, Divergent. Fifty are low-risk and fifty are ... (Read 495 times)

ninaj

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on: Nov 23, 2022
Pooling

Suppose there are 100 people in a town, Divergent. Fifty are low-risk and fifty are high-risk. Low-risk people have an average of $1,000 in medical expenses each year and are willing to pay $1,200 for medical insurance. High-risk people have an average of $36,500 in medical expenses each year and are willing to pay $43,800 for medical insurance. Insurance companies cannot tell who is low-risk and who is high-risk. How much will the insurance company make if it offers medical insurance at $18,750.
Please round your final answer to two decimal places.
◦ $18,750
◦ -$887,500.00
◦ $0.00
◦ $887,500.00
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by ninaj on Nov 23, 2022

AarionnaH

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Reply #1 on: Nov 23, 2022
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.
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ninaj

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

kjohnson

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

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