Business, 26.12.2019 07:31 smithmariah7426
Suppose someone knew the probability of incurring a $10,000 medical expense was 5% and the odds of being healthy and incurring no expenses was 95%. if they used that information to compare the expected cost to them ($500) with the $600 premium it wouldcost to get full coverage and decided to buy the insurance then economists would say they are
a)irrational
b)risk loving
c)risk averse
d)risk neutra
Answers: 3
Business, 22.06.2019 18:30
Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness
Answers: 2
Business, 22.06.2019 22:20
Which of the following is one disadvantage of renting a place to live compared to buying a home? a. tenants have to pay for all repairs to the building. b. the landlord covers the expenses of maintaining the property. c. residents can't alter their living space without permission. d. rent is generally more than monthly mortgage payments.
Answers: 1
Business, 22.06.2019 23:30
Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.
Answers: 1
Suppose someone knew the probability of incurring a $10,000 medical expense was 5% and the odds of b...
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