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Mark Automobile insurance companies attempt to reduce the problem of moral hazard by: a. By segmenting the market into low risk and high risk groups.

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

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