subject

Consider a market for health insurance with 1,000 potential buyers. The insurance company knows that half of the potential buyers are of poor health and will cost the insurance company $50,000 annually, while the other half are of good health and will cost the insurance company $10,000 annually. However, the insurance company does not know which individual people are of poor health or good health. The potential buyers know whether they are of poor health or good health. If the insurance company sets the price of the insurance policy at $30,000, people will purchase insurance, and the average per-person cost incurred by the insurance company will be .

ansver
Answers: 2

Another question on Advanced Placement (AP)

question
Advanced Placement (AP), 22.06.2019 11:00
Kate is 14 years old and just started taking dance classes with her friends at a local dance studio. this is her first time in a dance program, so everything is new to her. her friends convinced her to join the class since they have been enjoying it for a few months. how could the following terms her succeed in the dance class? ● secondary reinforcement ● identity vs. role confusion ● observational learning how could the following terms hinder her success in the class? ● circadian rhythm ● basal ganglia ● vestibular sense
Answers: 2
question
Advanced Placement (AP), 22.06.2019 18:40
The resting potential of a neuron refers to a. the electrical polarization of the inside and outside of the neural membrane. b. a brief electrical charge that travels down the axon. c. a capacity to reabsorb neurotransmitter molecules released into the synaptic gap. d. the storage of neurotransmitter molecules within synaptic vesicles.
Answers: 3
question
Advanced Placement (AP), 24.06.2019 16:00
Julie’s psychologist her get over her fear of spiders. which goal of psychology has the psychologist met? a.describeb.predictc.controld.explain  select the best answer from the choices providedabcd
Answers: 1
question
Advanced Placement (AP), 25.06.2019 22:00
When your organs don't receive enough blood, they begin to a. shut down b. speed up c. inflame d. dry out
Answers: 2
You know the right answer?
Consider a market for health insurance with 1,000 potential buyers. The insurance company knows that...
Questions
question
Mathematics, 23.06.2019 22:00