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dkwilson dkwilson
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2 years ago
Average annual malpractice cost is $165,000 for reckless doctors and $10,000 for careful doctors. If 7 percent of an insurance company's insured doctors are reckless, at what premium will the insurance company earn zero economic profit?
Please round your final answer to two decimal places.

▸ $154,150.00

▸ $20,850.00

▸ $2,250.00

▸ $152,750.00
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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mossaddsmossadds
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2 years ago
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dkwilson Author
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2 years ago
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Good timing, thanks!
patod1
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2 hours ago
Correct Slight Smile TY
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