Ithy by working out, eating healthier, and taking preventive care. Assume that the cost of becoming effort is $2000 per year. These people live in a city with one employer who will hire anyone who is wer provides complete health care to all its employees; all health care costs are covered by the insura healthy employees have an incentive to become healthy? = is not enough information to tell. actuarial fair cost of insurance for all the workers? fair cost: $ 5000 new employer that pays $1500 more in wages per worker but does not offer any insurance (and there insurance) enters the market. Which people will go and work for the new employer? ealthy nhealthy groups the new actuarially fois.
Ithy by working out, eating healthier, and taking preventive care. Assume that the cost of becoming effort is $2000 per year. These people live in a city with one employer who will hire anyone who is wer provides complete health care to all its employees; all health care costs are covered by the insura healthy employees have an incentive to become healthy? = is not enough information to tell. actuarial fair cost of insurance for all the workers? fair cost: $ 5000 new employer that pays $1500 more in wages per worker but does not offer any insurance (and there insurance) enters the market. Which people will go and work for the new employer? ealthy nhealthy groups the new actuarially fois.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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