If insured drivers decide to drive more recklessly than uninsured ...

[Yolanda]

If insured drivers decide to drive more recklessly than uninsured drivers do, then an adverse selection has occurred.
 
  Indicate whether the statement is true or false

Question 2

In the above figure, income is 8, the price of a soft drink is 1, and the initial price of a milkshake is 2. If the price of a milkshake decreases to 1, milkshakes are revealed to be
 
  A) an inferior good.
  B) a normal good.
  C) less preferred than soft drinks.
  D) None of the above answers is correct.

[Pswine]

Answer to Question 1

FALSE

Answer to Question 2

B

[Yolanda]

TYSM

[EAN94]

Gracias!