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 91 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
Wow, this really help

chjcharjto14

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Examples of the results of sexual selection, a type of natural selection. Examples of the results of sexual selection, a type of natural selection.
Adverse Effects of the Conventional Antipsychotics Adverse Effects of the Conventional Antipsychotics
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 ...
Sexual Selection: Stalk-Eyed Flies Sexual Selection: Stalk-Eyed Flies
The consequences of the intensity of natural selection on allele frequency. The consequences of the intensity of natural selection on allele frequency.
A Model of Directional Selection against a Recessive Lethal Allele A Model of Directional Selection against a Recessive Lethal Allele
Video: ETC Protein Complexes & Chemiosmosis (Total ATP Production and ATP Synthase)

For a complete list of videos, visit our video library