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Automobile insurance companies attempt to reduce the problem of moral hazard by: O a. Refusing to insure bad drivers. O b. Offering no-fault insurance. Oc.

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

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