Question: 1.3. True or false? Explain your answer, stating what concept analyzed in this chapter accounts for the feature. People with higher deductibles on their auto

1.3. True or false? Explain your answer, stating what concept analyzed in this chapter accounts for the feature.

People with higher deductibles on their auto insurance:

a. Generally drive more carefully

b. Pay lower premiums

c. Generally are wealthier ack of

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