Question
In the market for autoinsurance, with a pooling equilibrium________ and with a separating equilibrium________. A. aggressive drivers pay a higher premium than do saferdrivers; aggressive
In the market for autoinsurance, with a pooling equilibrium________ and with a separating equilibrium________.
A.
aggressive drivers pay a higher premium than do saferdrivers; aggressive and safe drivers pay the same premium
B.
no one can buy autoinsurance; aggressive drivers pay a higher premium than do safer drivers
C.
aggressive and safe drivers pay the samepremium; aggressive and safe drivers pay the same premium
D.
aggressive drivers pay a higher premium than do saferdrivers; aggressive drivers pay a higher premium than do safer drivers
E.
aggressive and safe drivers pay the samepremium; aggressive drivers pay a higher premium than do safer drivers
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