Clicker Class 20

Clicker Class 20 - B Male teens are more likely to drive...

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Econ 101 Section 8 CPS Questions for Lecture 21 1. What is the connection between asymmetric information and the fact that male teenagers pay more for insurance that female teenagers? A. Male teens have a lower elasticity of demand for insurance.
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Unformatted text preview: B. Male teens are more likely to drive than female teens. C. Insurance companies use gender-based accident statistics to set rates. ** D. Insurance companies find it more profitable to insure female teens....
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