Adverse selection arises in the health insurance market because ________.
A) buyers have private information
B) sellers have private information
C) different firms provide different insurance schemes
D) the number of buyers and sellers is large
Question 2
Determining who receives scarce goods by the criterion of willingness to pay tends to enhance the freedom and power of people who want the goods because
A) it enables everyone to obtain at least a little of everything.
B) it facilitates choice by everyone on the basis of their own specific situation.
C) it gives everyone an equal chance.
D) it makes sure the people who obtain scarce goods are the people who most deserve them.
E) it puts genuine need ahead of politics.
The Punnett square demonstrates how the F2 ratio arises from an F1 x F1 cross.
The birth weight of human infants is tightly constrained by natural selection.
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Positive and negative selection during T-cell development.
Positive and negative selection during T-cell development.
Indoor air pollution in the developing world arises from fuelwood burning