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nakungth nakungth
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Posts: 1175
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6 years ago
Actual insurance premiums charged by insurance companies may exceed the actuarially fair rates because:
A) the insurance companies have monopoly rights issued by state regulators.
B) the insurance companies are risk averse.
C) there are administrative costs and other expenses that must be covered by the premia.
D) insurance companies tend to over-state the risks they face.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 108 times
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CanihCanih
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#1
Posts: 463
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6 years ago
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nakungth Author
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6 years ago
You make an excellent tutor!
jbag1237
wrote...

Yesterday
Good timing, thanks!
njn;l
wrote...

2 hours ago
Correct Slight Smile TY
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