As the premium for an insurance policy falls,there is an increase in the _____ insurance.
A)demand for
B)supply of
C)quantity demanded of
D)quantity supplied of

Name: As the premium for an insurance policy falls,there is an increase in the _____ insurance. A)demand for B)supply of C)quantity demanded of D)quantity supplied of
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Question

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When the premium for an insurance policy falls, the quantity demanded of insurance increases because consumers are more willing to purchase insurance at a lower price.

As the Premium for an Insurance Policy Falls,there Is an Increase