Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Mairoon Mairoon
wrote...
Go to Answer
Posts: 850
Rep: 0 0
6 years ago
Farmers who purchase insurance against crop failures tend to be pooled with farmers far away. Why might this be the case?
A) The weather in a single geographic area represents idiosyncratic risk, which is diversifiable.
B) The weather in a single geographic area represents systematic risk, which is not diversifiable.
C) The weather in far-flung geographic areas represents systematic risk, which is not diversifiable.
D) The weather in far-flung geographic areas are commonly positively correlated.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 78 times
2 Replies
Replies
Answer verified by a subject expert
TecShdwTecShdw
wrote...
#1
Posts: 432
Rep: 0 0
6 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

Mairoon Author
wrote...
#2
5 years ago
Great answer, great website
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1233 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 805
  
 286
  
 326