The demand schedule or curve confronted by the individual, purely competitive firm is:

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?

From what part of income should someone take savings?

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