This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: One difference between moral hazard and adverse selection is a. Moral hazard has to do with ... (Read 74 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
on: Jul 1, 2018
One difference between moral hazard and adverse selection is
 a. Moral hazard has to do with unobservable characteristics of individuals
 b. Adverse selection has to do with unobservable actions of individuals
 c. Adverse selection is when individuals change their behaviors because of a contract
  d. Adverse selection is when you choose the wrong answer on a test

Question 2

If the firm hires 5 workers, the average cost equals
 a. 250
  b. 50
  c. 5
  d. Need more information


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


mikaylakyoung

  • Member
  • Posts: 531
Reply 2 on: Jul 1, 2018
:D TYSM

Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

The difference between AZT-sensitive versus AZT-resistant reverse transcriptases The difference between AZT-sensitive versus AZT-resistant reverse transcriptases
Natural selection of a population for dark coloration. Natural selection of a population for dark coloration.
Examples of Scenarios Involving Nonmoral, Impersonal Moral, and Personal Moral Judgments from the St Examples of Scenarios Involving Nonmoral, Impersonal Moral, and Personal Moral Judgments from the St
Natural selection acts on genetic variation Natural selection acts on genetic variation
An electron is accelerated from rest through a potential difference of 3750 V. It enters a ... An electron is accelerated from rest through a potential difference of 3750 V. It enters a ...
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
Video: Supine Position

For a complete list of videos, visit our video library