An insurer sold 100000 policies at 6800 and paid for all


An insurer sold 100,000 policies at $6,800 and paid for all care. Ten percent of its customers were high risk ($50,000 in annual spending) and 90 percent were low risk ($500 in annual spending). What are its revenues and medical costs?

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Business Economics: An insurer sold 100000 policies at 6800 and paid for all
Reference No:- TGS01463219

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