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If insurance companies are required to offer coverage to all interested people, it is said that premiums for each person will be increased. Assume that the insurance market is perfectly competitive. What
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If insurance companies are required to offer coverage to all interested people, it is said that premiums for each person will be increased. Assume that the insurance market is perfectly competitive. What is the major reason for raising the premium

User Tigrang
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5 votes

Answer:

to make sure that your company gets the upper hand and to make more money off of your premium then what the other companies are making

Step-by-step explanation:

User Lostbits
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