http://www.guardian.co.uk/money/2012/nov/26/flood-insurance-talks-reach-crisis-point?intcmp=122
Use the concepts of Marginal Cost and Marginal Revenue to justify the decisions of the profit maximising insurance companies.
Monday 26 November 2012
Would you insure this house?
An article from the Guardian about the refusal of insurance companies to continue to offer protection against flooding. This follows the increased number of claims due to our increasingly volatile weather.
http://www.guardian.co.uk/money/2012/nov/26/flood-insurance-talks-reach-crisis-point?intcmp=122
Use the concepts of Marginal Cost and Marginal Revenue to justify the decisions of the profit maximising insurance companies.
http://www.guardian.co.uk/money/2012/nov/26/flood-insurance-talks-reach-crisis-point?intcmp=122
Use the concepts of Marginal Cost and Marginal Revenue to justify the decisions of the profit maximising insurance companies.
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