Multiple Choice
People who want to reduce the risk they face may pay other people who are less sensitive to risk to take on some of their risk.As a result:
A) a market for risk is illegal.
B) trade in risk reduces mutual gains.
C) total risk increases.
D) people who are willing to accept more risk will purchase from people who are less willing.
Correct Answer:

Verified
Correct Answer:
Verified
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