This topic contains a solution. Click here to go to the answer

Author Question: PoolingSuppose there are 100 people in a town, Divergent. Fifty are low-risk and fifty are ... (Read 496 times)

ninaj

  • Full Member
  • ***
  • Posts: 136
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


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
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
Gracias!


kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

For a complete list of videos, visit our video library