Question: only question 5 please. how is an ASCA a type of insurance? In what sort of situations might this function break down? How might formal

only question 5 please.
"how is an ASCA a type of insurance? In what sort of situations might this function break down? How might formal finance solve this problem?"
5. How is an ASCA a type of insurance? In what sor function break down? How might formal microfin 6. How do ROSCAs and ASCAs mitigate market hazard and adverse selection? 5. How is an ASCA a type of insurance? In what sor function break down? How might formal microfin 6. How do ROSCAs and ASCAs mitigate market hazard and adverse selection
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