27 In this figure below L, Ue zaro proft line a Equilibrium occurs at the intersection between the full insurance line and the zero profit under an assumption that consumers are of bomogenous h Equilbrium condition aways occurs on any area defined by the feasible contract wedge c Equiltbrium occurs at any point on the zero profit line above E d Eqilbrium occurs at the intersection between the full insurace line and the zero profit type under an assumption that consumers are of theterogenous type (robust and frail) 27 In this figure below L, Ue zaro proft line a Equilibrium occurs at the intersection between the full insurance line and the zero profit under an assumption that consumers are of bomogenous h Equilbrium condition aways occurs on any area defined by the feasible contract wedge c Equiltbrium occurs at any point on the zero profit line above E d Eqilbrium occurs at the intersection between the full insurace line and the zero profit type under an assumption that consumers are of theterogenous type (robust and frail)

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27  In this figure below  L, Ue zaro proft line a Equilibrium occurs at the intersection between the full insurance line and the zero profit under an assumption that consumers are of bomogenous h  Equilbrium condition aways occurs on any area defined by the feasible contract wedge c Equiltbrium occurs at any point on the zero profit line above E d  Eqilbrium occurs at the intersection between the full insurace line and the zero profit type under an assumption that consumers are of theterogenous type (robust and frail) 27  In this figure below  L, Ue zaro proft line a Equilibrium occurs at the intersection between the full insurance line and the zero profit under an assumption that consumers are of bomogenous h  Equilbrium condition aways occurs on any area defined by the feasible contract wedge c Equiltbrium occurs at any point on the zero profit line above E d  Eqilbrium occurs at the intersection between the full insurace line and the zero profit type under an assumption that consumers are of theterogenous type (robust and frail)

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27. In this figure below: L, Ue zaro-proft line a Equilibrium occurs at the intersection between the full insurance line and the zero profit under

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