Insurance for large risks that cannot be well diversified has a(n)________,which increases its cost.
A)positive beta
B)moral hazard clause
C)negative beta
D)actuarially-biased risk
E)zero beta

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The Answer of Insurance for large risks that cannot be well diversified has a(n)________,which increases its cost.
A)positive beta
B)moral hazard clause
C)negative beta
D)actuarially-biased risk
E)zero beta

Insurance for Large Risks That Cannot Be Well Diversified Has