Following deregulation in the airline industry,
A. small carriers have gone out of business but large carriers have not.
B. large carriers have gone out of business but small carriers have not.
C. both large carriers and small carriers have gone out of business.
D. neither large carriers nor small carriers have gone out of business.
Answer: C
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When insurance companies set premiums based on average characteristics of certain groups, they are trying to ______.
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Fill in the blank(s) with the appropriate word(s).
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