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A person with AIDS has a guaranteed right to apply for health insurance and receive coverage at the same rate as a healthy person. What
A person with AIDS has a guaranteed right to apply for health insurance and receive coverage at the same rate as a healthy person. What is the likely result for the insurance company?
a. Externalities b. The substitution effect c. Adverse selection d. The principle Ignorance problem. e. Rational Ignorance.
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