Let the cost of insurance in Greatport be 150 and that of Fairmont be 100.(more is unspecific and hence we can take a median value for Greatport)
Let the number of cars involved in accidents be 90 in Greatport and 100 in Fairmont. (slightly less, lets take a conservative value for Greatport)
In Greatport, Profit(A) = 150 - 90(G) where G is cost to fix those 90 cars. (Profit = SP-CP)
and similarly in Fairmont, Profit(B) = 100-100(F) where F is cost to fix those 100 cars.
Hence to evaluate whether
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Let the number of cars involved in accidents be 90 in Greatport and 100 in Fairmont. (slightly less, lets take a conservative value for Greatport)
In Greatport, Profit(A) = 150 - 90(G) where G is cost to fix those 90 cars. (Profit = SP-CP)
and similarly in Fairmont, Profit(B) = 100-100(F) where F is cost to fix those 100 cars.
Hence to evaluate whether
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