Would this be d?   Dan, age 19, may have trouble buying auto insurance at a low price because insurance companies a)operate in markets in which screening is inefficient. b)fear that he has private information that his deductible is too high. c)have private information that his signals are valid. d)have private information that he is a risky driver. e)fear that he has private information that he is a risky driver.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter16: Information, Risk, And Insurance
Section: Chapter Questions
Problem 20CTQ: A website offers a place for people to buy and sell emeralds, but information about emeralds can be...
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Would this be d?
 
Dan, age 19, may have trouble buying auto insurance at a low price because insurance companies

a)operate in markets in which screening is inefficient.
b)fear that he has private information that his deductible is too high.
c)have private information that his signals are valid.
d)have private information that he is a risky driver.
e)fear that he has private information that he is a risky driver.
 
 
 
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