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If fair insurance is offered to a risk - averse person, she will O A. buy enough insurance to cover about half of the possible loss. O B. buy enough insurance to eliminate all risk. O C. not buy any insurance because it is overpriced. O D. not buy any insurance since the marginal utility of the amount of the payment is positive.

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Option B
if a fair insurance is offered means equal to the loss expected in future then the risk-averse will purchase the insurance to eliminate all risk

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