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Suppose an insurance company offers a policy that uses sensors to monitor driving patterns, and increases the policy price for drivers with dangerous habits. This
Suppose an insurance company offers a policy that uses sensors to monitor driving patterns, and increases the policy price for drivers with dangerous habits. This lowers expected costs to the firm because: O Only more reckless drivers will accept the device O Drivers will want to drive more carefully knowing they are being monitored O Reckless drivers are less likely to purchase such a policy C Both B and C O None of the above
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