Working individually, prepare a job description for administrators and lecturers in your university or college. What are the differences, and similarities in the job descriptions? Why are the job requirements different? Present your descriptions. (Words limit up to 150)

With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals