Multiple Choice
Jaime buys home insurance, but never ends up making a claim. What can be said about Jaime's decision to buy home insurance?
A) It is considered by economists to be irrational behavior.
B) Buying the insurance was a bad decision.
C) Buying the insurance was not necessarily a bad decision.
D) It is a poor use of money.
Correct Answer:
Verified
Correct Answer:
Verified
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