Recall the application about unisex automobile insurance in the European Union.Why did the average for 18-year-old women's insurance prices went up compared to 18-year-old men when the gender discrimination prohibition went into effect?
A) 18-year-old men are more costly to the insurance companies and are now included in the same pool with women,raising the insurance prices up.
B) 18-year-old men are less costly to the insurance companies and are now included in the same pool with women who on average are more reckless divers who raise the insurance prices up.
C) 18-year-old men and women are the same cost to the insurance that is the reason why they were put in the same pool and charge the same amount regardless the gender.
D) None of the above are correct.
Correct Answer:
Verified
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