Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
temp321 temp321
wrote...
Go to Answer
Posts: 493
Rep: 16 0
4 years ago
Assume that an insurance company sets a single price for insurance equal to the total medical bills paid by the insurance company divided by the number of its customers. If it pays medical bills of $5,000 for half of its customers and $9,000 for the other half of its customers, the price of insurance will be:

▸ $5,000.

▸ $6,000.

▸ $7,000.

▸ $9,000.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 132 times
1 Reply
Replies
Answer verified by a subject expert
Strategyboyz21Strategyboyz21
wrote...
#1
Posts: 370
Rep: 49 0
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

temp321 Author
wrote...

4 years ago
This helped my grade so much Perfect
ezsancheezy
wrote...

Yesterday
You make an excellent tutor!
kevin12323h
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1225 People Browsing
 124 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 95
  
 354
  
 287
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: Does a gender wage gap exist in America?