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14-03-2024
Business

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What are the advantages and disadvantages of competition between private insurance companies?
a) Advantages include lower prices and increased innovation; disadvantages include limited coverage options.
b) Advantages include limited coverage options and higher prices; disadvantages include increased innovation.
c) Advantages include increased innovation and higher prices; disadvantages include lower prices.
d) Advantages include lower prices and limited coverage options; disadvantages include decreased innovation.

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