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Tidy Tidy
wrote...
Posts: 4852
9 years ago
If a state requires all drivers to purchase auto insurance, insurance companies still face the problem of
A) correctly pricing their insurance.
B) sunk costs.
C) adverse selection.
D) excess demand for their insurance.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 1001 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
wrote...
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Posts: 1913
9 years ago
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