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Question 65

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Use the following to answer question:
Figure 16.2 Use the following to answer question: Figure 16.2 -(Figure 16.2) Lilly, who owns the Cigar Bar and Grill, is considering whether to purchase fire insurance. Without insurance, the marginal benefit of precautions to reduce the risk of fire is given by MB<sub>1</sub>.Which of the following statements is (are) TRUE? A) I and III B) III C) II D) I
-(Figure 16.2) Lilly, who owns the Cigar Bar and Grill, is considering whether to purchase fire insurance. Without insurance, the marginal benefit of precautions to reduce the risk of fire is given by MB1.Which of the following statements is (are) TRUE? Use the following to answer question: Figure 16.2 -(Figure 16.2) Lilly, who owns the Cigar Bar and Grill, is considering whether to purchase fire insurance. Without insurance, the marginal benefit of precautions to reduce the risk of fire is given by MB<sub>1</sub>.Which of the following statements is (are) TRUE? A) I and III B) III C) II D) I


A) I and III
B) III
C) II
D) I

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