subject

Consider a market for health insurance with 1,000 potential buyers. The insurance company knows that half of the potential buyers are of poor health and will cost the insurance company $50,000 annually, while the other half are of good health and will cost the insurance company $10,000 annually. However, the insurance company does not know which individual people are of poor health or good health. The potential buyers know whether they are of poor health or good health. If the insurance company sets the price of the insurance policy at $30,000, people will purchase insurance, and the average per-person cost incurred by the insurance company will be .

ansver
Answers: 1

Another question on Advanced Placement (AP)

question
Advanced Placement (AP), 23.06.2019 05:20
Facial shaving brushes are either bulb-shaped or fan-shaped. an experiment is to be conducted to determine whether the lather thickness is the same for both types of shaving brushes. in previous studies, it was determined that shaving brush size (small, medium, large) is associated with lather thickness, but shaving brush type (wolf whiskers, maggard razors, frank shaving, and so on) is not associated with lather thickness. how could the experiment best be conducted? by blocking on shaving brush size by blocking on shaving brush type by blocking on shaving brush shape by blocking on lather thickness without blocking
Answers: 3
question
Advanced Placement (AP), 24.06.2019 12:30
What is the effect of mori's introducing japanese terms especially ronin paragraph 6 at the beginning of her essay
Answers: 1
question
Advanced Placement (AP), 24.06.2019 23:30
Ijust need with an idea of how to write it or example.1. for this assignment you will create a developmental timeline. the timeline should include significant events, or possible future significant events, from your entire lifeโ€”from womb to tomb. you are encouraged to personalize your timeline with pictures, etc. for each incident or event that you list, you need to relate it to a concept developed by piaget, kohlberg, or erikson. for example, if one of your events is, โ€œi said my first word, ball,โ€ and you have this on your timeline at 15 months, you also need to say, โ€œpiagetโ€™s preoperational stage.โ€ along with each event you discuss, provide a brief description of its significance. score
Answers: 1
question
Advanced Placement (AP), 27.06.2019 01:30
Is made of materials that are poor conductors, such as glass, plastic, or rubber. they are used in an attempt to keep an electrical current within safe boundaries. for example, the plastic coating on an electrical wire is and is designed to keep the electricity in the wire
Answers: 1
You know the right answer?
Consider a market for health insurance with 1,000 potential buyers. The insurance company knows that...
Questions
question
History, 05.05.2020 18:10
Questions on the website: 13722363