(Figure: Theft Prevention) If an Individual with No Insurance Purchases

question 57

Multiple Choice

(Figure: Theft Prevention) If an individual with no insurance purchases partial coverage, the marginal _____ curve will shift _____, leading her to _____ theft prevention measures.

• A) benefit; downward; reduce
• B) benefit; upward; increase
• C) cost; downward, reduce
• D) cost; upward; increase

---

Definitions:

Expected Profits

Projected earnings calculated by estimating revenues and subtracting anticipated costs and expenses.

Interest Rates

The cost of borrowing money or the return on savings, typically expressed as a percentage.

Lottery

A lottery is a form of gambling that involves drawing numbers at random for a prize, often administered by state or federal governments.

Winnings

The amount of money or prizes won in a game or competition.