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Business, 22.06.2019 20:10 Zayybabii

With signals from​ no-claim bonuses and​ deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating​ equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals

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With signals from​ no-claim bonuses and​ deductibles, a. the marginal cost curve for careful driver...
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