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Business, 05.04.2021 23:30 davisbrittany5784

Insurance companies typically charge women lower prices than men for automobile insurance. Is this an example of price​ discrimination? A. ​No, because, on​ average, women have better driving records than men and the costs of insuring men are greater than the costs of insuring women. B. ​Yes, because the costs of selling insurance to men and women are the same. C. ​No, because there are too many insurance companies for any one company to have market power. A firm must possess market power in order to practice price discrimination. D. ​Yes, because insurance companies can prevent​ arbitrage; that​ is, women cannot transfer their insurance coverage to men.

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