1. A 2. D 3. C 4. D 5. D 6. B 7. C 8. C 9. C 10. B
Managerial Economics_Module 8 Discussion
Q Would the accident rate be higher or better if states did not require drivers to carry liability insurance? Support your answer using the concepts from the course materials as well as any research that you do.
The damages made to another person or vehicle in an accident is covered by liability insurance. One is safeguarded from claims of compensation and lawsuits that the party affected filed. Definitely, element of machine or human is there in accidents even though it is fair to speak that accident can occur anywhere and at any time.
