The demand curve D is the demand for auto insurance by careful drivers. The demand curve D

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The demand curve D is the demand for auto insurance by careful drivers.

The demand curve D = D + D is the demand for auto insurance by all drivers. The horizontal distance between the two demand curves is the quantity demanded by aggressive drivers at each premium level.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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