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    Intermediate Microeconomics
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    Exam 4: Uncertainty
  5. Question
    An Individual Will Never Buy Complete Insurance If
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An Individual Will Never Buy Complete Insurance If

Question 11

Question 11

Multiple Choice

An individual will never buy complete insurance if


A) he or she is risk averse.
B) he or she is a risk taker.
C) insurance premiums are fair.
D) under any circumstances.

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