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

Author Question: PoolingSuppose there are 100 people in a town, Divergent. Fifty are low-risk and fifty are ... (Read 593 times)

ninaj

  • Full Member
  • ***
  • Posts: 136
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ninaj on Nov 23, 2022

AarionnaH

  • Full Member
  • ***
  • Posts: 186
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.
Answer Preview
Only 58% of students answer this correctly


ninaj

  • Member
  • Posts: 136
Reply 2 on: Nov 23, 2022
Wow, this really help

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

A1C Levels Predict Risk of Complications A1C Levels Predict Risk of Complications
Risk factors for falls Risk factors for falls
Assessing risk for infection in adults Assessing risk for infection in adults
Wall painting with giraffes, zebra, eland, and abstract shapes, San people, Inanke Cave, Matobo ... Wall painting with giraffes, zebra, eland, and abstract shapes, San people, Inanke Cave, Matobo ...
Common Risk Factors Common Risk Factors
Older people who experienced stressful events in their younger years may show personal growth and ... Older people who experienced stressful events in their younger years may show personal growth and ...
Video: Hershey Chase Experiments

For a complete list of videos, visit our video library