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  3. Study Set
    Principles of Economics
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    Exam 20: Decisions With Private Information
  5. Question
    The Cost-Benefit Principle Leads You to _____ When You Are
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The Cost-Benefit Principle Leads You to _____ When You Are

Question 13

Question 13

Multiple Choice

The cost-benefit principle leads you to _____ when you are insured.


A) become more risk-averse
B) respond less to incentives
C) take fewer precautions
D) remain consistent in behavior

Correct Answer:

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