Which Statement About the Mathematically Fair Price for Insurance Is

question 57

Multiple Choice

Which statement about the mathematically fair price for insurance is true?

• A) People who will pay no more than the mathematically fair price for insurance are considered to be risk neutral.
• B)People who will pay no more than the mathematically fair price for insurance are considered to be risk seeking.
• C)When everyone pays the mathematically fair price for insurance, subsidization is reduced or eliminated.
• D)The mathematically fair price is impossible to calculate.

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Major U.S. Television Networks

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