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According to the traditional (expected utility) theory, which of the following would be expected to result in an increased demand for health insurance, all else

According to the traditional (expected utility) theory, which of the following would be expected to result in an increased demand for health insurance, all else being equal? Question 7 options: Higher level of consumer risk aversion Smaller size of expected loss(es) due to illness/injury Smaller probability of expected loss(es) due to illness/injury Higher out of pocket price for health insurance

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