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Title: Suppose an insurance company determines that the average annual malpractice cost is $10,000 for ... Post by: Ingy_ on Jul 22, 2019 Suppose an insurance company determines that the average annual malpractice cost is $10,000 for reckless lawyers and $500 for careful lawyers. If 10% of the lawyers insured by the company are reckless, the company will earn zero economic profit if the price of insurance is:
▸ $500. ▸ $1,450. ▸ $5,250. ▸ $10,000. Title: Suppose an insurance company determines that the average annual malpractice cost is $10,000 for ... Post by: BobbyD on Jul 22, 2019 Content hidden
Title: Suppose an insurance company determines that the average annual malpractice cost is $10,000 for ... Post by: Ingy_ on Jul 22, 2019 Thank you for answering so quickly
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