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24 of 30 Automobile insurance companies attempt to reduce the problem of moral hazard by: O a. Refusing to insure bad drivers. O b. By

24 of 30 Automobile insurance companies attempt to reduce the problem of moral hazard by: O a. Refusing to insure bad drivers. O b. By segmenting the market into low risk and high risk groups. Oc. Requiring a deductible on insurance claims. Od. Offering liability insurance to drivers with bad driving records, but refusing to offer collision insurance. Offering no-fault insurance

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