Insurance companies do NOT offer fair insurance because
A) they are run by greedy capitalists.
B) they could not stay in business.
C) they cannot diversify their risks.
D) they are risk-avoiding.
B
Economics
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How do changes in the money wage rate affect the LAS and SAS curves? Explain your answer
What will be an ideal response?
Economics
When price is $8
A. quantity demanded is greater than quantity supplied and, therefore, price must fall to get to equilibrium price.
B. quantity demanded is greater than quantity supplied and, therefore, price must rise to get to equilibrium price.
C. quantity supplied is greater than quantity demanded and, therefore, price must fall to get to equilibrium price.
D. quantity supplied is greater than quantity demanded and, therefore, price must rise to get to equilibrium price.
Economics