Question: Which answer choice correctly completes the following statement? Adverse selection in insurance requires that _ _ _ _ _ . Group of answer

Which answer choice correctly completes the following statement?

"

Adverse selection in insurance requires that

_____. "

Group of answer choices"all people face the same risk""potential customers facing more risk are more interested in purchasing insurance""people are not risk averse""insurers cannot distinguish higher

-

risk people from lower

-

risk people"More than one of the other answer choices are correct.

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