Which of the following best explains why medical and dental coverage can be purchased more cheaply by the employer than the employee?
A) Indexation
B) Economies of scale
C) Utility
D) Dividends

Question

Quizplus · Accepted Answer

Employers can purchase medical and dental coverage for a large group of employees, which allows them to take advantage of economies of scale. This means that the cost of insurance per employee is lower than it would be for an individual purchasing coverage on their own.

Which of the Following Best Explains Why Medical and Dental