Many people in the property and liability insurance industry complain about the “automobile problem.” The “automobile problem” consists of a series of interrelated problems. What factors have combined to produce a problem in the automobile insurance area?

The insured has failed to respond to recommendations to correct the elimination of existing hazards discovered during a recent inspection of the property by the insurer. The insurance company will not    eliminate some of the coverage on the policy contact a contractor to fix the problems send a non-renewal notice to the insured Increase the premium being charged

Which of the following is NOT an example of on-demand insurance? Which of the following is NOT an example of on-demand insurance? You insure your drones whenever they are taken out of your home environment You purchase an instant travel insurance for the duration of an upcoming trip Your insurance premium fluctuates depending on your driving behavior Your insurance coverage is activated whenever you take on a passenger in your car   Item at position 7 7

To receive coverage for bodily injury resulting from an accident with a stolen vehicle, an individual should purchase which of the following coverage? please read the question carefully? Medical payment Uninsured Motorists Bodily injury liability Property damage liability

Because of the moral hazard problem, a-the government has increased incentive to regulate insurance markets. b-low-risk individuals do not choose insurance. c-the costs of providing insurance decreases. d-full insurance may no longer be efficient.

Suppose you are part of an economic analysis team charged with recommending a policy response to pesticide risks. Explain the steps your team should take and why.

Empirical evidence suggests that state laws mandating health insurance coverage for alcoholism treatment leads to moral hazard on the part of the insured population. Given this information, what are you most likely to observe in a state that has passed such a law?     A. Less use of alcohol treatment facilities     B. Lower rates of drunk driving     C. Higher rates of alcoholism     D. Lower sales of alcohol

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Typed plz and asap thanks  Please don't give AI response I want quality solution and I will up vote

production function: ƒ (k, 1) = 9 function. k Derive the firm's cost