Can you help me with these?

Which of the following describes an outcome from an actuarially fair policy? Select one: O a. Some people will receive more benefits than they pay in premiums. O b. Some people will receive less benefits than they pay in premiums. O c. The average benefits paid out will equal the average cost to the policy holder. x O d. All of the above.Type in the economic concept that best describes this statement: "The people that buy insurance are the ones that are most likely to make expensive claims. This drives up the cost of insurance for healthy people and then they will decide not to purchase any at all." Answer: risk group XWhich of the following would lead to adverse selection? Select one: O a. Farmers use less fertilizer after they purchase crop insurance. O b. Farmers use more fertilizer after they purchase crop insurance. * O c. A farmer chooses to buy crop insurance on a flood-prone plot of land