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Automobile insurance companies attempt to reduce the problem of moral hazard by: O a. Offering no-fault insurance. Ob. By segmenting the market into low risk

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

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