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Llanis Llanis
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6 years ago
Efficiency in risk bearing implies that
A) risk is completely eliminated.
B) the least risk-averse party bears most of the risk.
C) the most risk-averse party bears most of the risk.
D) all of the risk is borne by just one of the parties regardless of the degree of risk aversion.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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LBCeaLBCea
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6 years ago
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Llanis Author
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6 years ago
Good timing, thanks!
Butwhy
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Yesterday
You make an excellent tutor!
jayfo05
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2 hours ago
This site is awesome
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