To signal to your insurance company that you are a low risk individual, you should

a. Accept an insurance policy with a high deductible
b. Accept an insurance policy with a low deductible
c. Accept an insurance policy with no co-payments
d. None of the above

a

Economics

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Why does a firm in monopolistic competition earn zero economic profit rather than an economic profit in the long run?

What will be an ideal response?

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Refer to Table 2-17. What is Lucy's opportunity cost of making a wagon?

A) 3 wagons B) 3/4 of a wagon C) 1 1/3 tricycles D) 2 tricycles

Economics