When insurance companies offer fair insurance,
A) risk-averse agents always purchase it.
B) risk-neutral agents never purchase it.
C) risk-loving agents always purchase it.
D) nobody would purchase fair insurance.
A
Economics
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A patent gives a single person or firm the exclusive right to sell some good or service for a specific period of time
a. True b. False Indicate whether the statement is true or false
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If Argentina has a large amount of farmland and Great Britain has many factories,
A. the two nations have no reason to trade. B. Argentina will be willing to trade but Great Britain will not. C. Great Britain will be willing to trade but Argentina will not. D. the two nations will probably engage in mutually advantageous trade.
Economics