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sunnywwang sunnywwang
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Posts: 293
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5 years ago
Fair insurance is a contract between an insurer and a policyholder in which.
A) the value of the contract to the policyholder is negative.
B) the value of the contract to the policyholder is zero.
C) the risk of the contract to the policyholder is  diversifiable.
D) the value of the contract to the policyholder is positive.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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vivianlivivianli
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Posts: 181
5 years ago
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