Which of the following is a problem that arises in a health insurance market?
A) There are a large number of buyers of various insurance programs.
B) There exists a fierce competition between the insurance providers.
C) A disproportionate number of high-risk individuals are attracted to buy insurance.
D) Only risk-averse individuals buy insurance.
C
Economics
You might also like to view...
Owners of a corporation ________ through dividend payments on shares of that firm's stock
A) share in the profits of the firm B) retain earnings of the firm C) indirectly finance the firm D) issue bonds for the firm
Economics
First movers are also product innovators
Indicate whether the statement is true or false
Economics