Solved

A Safe Drive Is Likely to Prefer an Auto Insurance

Question 44

Multiple Choice

A safe drive is likely to prefer an auto insurance policy that has a ________ deductible and a ________ premium.


A) high; high
B) high; low
C) low; high
D) low; low
E) None of the above answers is correct because private information has no effect in the market for auto insurance.

Correct Answer:

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