Figure 9.6 -Figure 9.6 Represents the Market for Health Insurance. Suppose There

Figure 9.6
-Figure 9.6 represents the market for health insurance. Suppose there are two types of consumers, low-cost consumers with $2,000 average medical expenses per year, and high-cost customers with $4,000 average medical expenses per year. The insurance companies estimate that 40% of its customers are high-cost type. If the insurance companies set the price equal to their average cost per customer, what percent of customers who buy the insurance are actually low-cost customers?

A) 20%
B) more than 20% but less than 50%
C) more than 50%
D) less than 20%