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  3. Study Set
    Price Theory and Applications
  4. Exam
    Exam 9: Knowledge and Information
  5. Question
    Adverse Selection Can Cause Insurance Companies to Limit the Amount
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Adverse Selection Can Cause Insurance Companies to Limit the Amount

Question 35

Question 35

True/False

Adverse selection can cause insurance companies to limit the amount of insurance they provide to people who are "poor risks."

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