Suppose movie producers could buy "box office insurance" that guaranteed them a specified gross revenue for a particular film. Such policies could be very valuable economically. Producers might produce risky movies. Insurance companies could find selling such policies appealing in principle as well: if insurers spread their risk over enough movies, they could earn enough premium from successful movies. So why there isn't such policy?
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose movie producers could buy "box office insurance" that guaranteed them a specified gross revenue for a particular film. Such ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » Suppose movie producers could buy "box office insurance" that guaranteed them a specified gross revenue for a particular film. Such policies could be very valuable economically. Producers might produce risky movies.