If the probability of an injury is 0.

If the probability of an injury is 0.19, the cost of the injury is $13897, the insurer’s loading costs are $4853, and the number of policies is 383, then in a competitive insurance market, each policy will cost $____.

** Show work please

Looking for a Similar Assignment? Our Experts can help. Use the coupon code SAVE30 to get your first order at 30% off!