Answer:
Increase Sales and/or Revenue
If you are selling products or services, you may want to focus on selling more of those offerings. This is one of the marketing objectives that will increase revenue and the amount of money coming into your business.
Explanation:
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Answer:
First of all, young invincibles are young people, usually between 18 and 34 years old, that expect to remain healthy and therefore are not willing to buy health insurance.
The problem is that effectively young invincibles use less health care than other age groups but they serve as a balance for people with preexisting conditions that use health care a lot.
When the amount of young invincibles that acquire insurance is too small compared to preexisting conditions groups, health care costs will increase due to adverse selection and health care premiums will also increase.
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Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.