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Laurent Laurent
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6 years ago
Insurance companies have operated for centuries, so they must be profitable. The only way they earn (accounting) profits is by charging buyers more than they pay out in claims. Given these facts, the people who are paying more for insurance than it is worth must be
A) charitable.
B) crazy.
C) risk loving.
D) risk averse.
E) easy to fool.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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6 years ago
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Laurent Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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Yesterday
Good timing, thanks!
kriggs62
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2 hours ago
You make an excellent tutor!
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