_____ occurs when insurance is purchased more often by people and/or organizations with higher-than-average expected losses than by people and/or organizations with average or lower-than-average expected losses.

Question

Quizplus · Accepted Answer

The Answer of _____ occurs when insurance is purchased more often by people and/or organizations with higher-than-average expected losses than by people and/or organizations with average or lower-than-average expected losses.

_____ Occurs When Insurance Is Purchased More Often by People