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pirex pirex
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Posts: 634
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6 years ago
Suppose a patent applicant approaches an insurance company and seeks to purchase an insurance policy that her patent will not net $1m in the next three years. The insurance company
A) will sell her an insurance policy because the proposal entails uncertainty not risk.
B) will sell her an insurance policy because the proposal entails risk not uncertainty.
C) will not sell her an insurance policy because the proposal entails uncertainty not risk.
D) will not sell her an insurance policy because the proposal entails risk not uncertainty.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 97 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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ChronosChronos
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#1
Posts: 404
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6 years ago
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pirex Author
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6 years ago
Correct Slight Smile TY
MAry1395
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Yesterday
Thank you, thank you, thank you!
GeorgeNeist
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2 hours ago
Helped a lot
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