An Implication of Asymmetric Information in the Insurance Market Is

An implication of asymmetric information in the insurance market is that:

A) people in average health may be discouraged from purchasing health insurance
B) the price of health insurance may reflect the costs of a healthier-than-average person
C) people with greater hidden health problems have an incentive to signal their current state of health to health insurance companies
D) insurance companies have perfect knowledge about the health problems of those who purchase insurance

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