The introduction of seat belts increased the number of accidents, ...

[lindiwe]

The introduction of seat belts increased the number of accidents, even though the number of fatalities decreased. This is most likely a result of
 a. Moral hazard
 b. Adverse selection
 c. seat belts distracting drivers
  d. None of the above

Question 2

A firm produces 100 . units per week. It hires 10 full-time workers (40 hours/week) at an hourly wage of 20 . Raw materials are ordered weekly and they costs 5 for every unit produced. The weekly cost of the rent payment for the factory is 1,500 . How do the overall costs breakdown for the week?
 a. total variable cost is 5,000 . total fixed cost is 1,500 . total cost is 6,500
  b. total variable cost is 5,000 . total fixed cost is 9,500 . total cost is 14,500
  c. total variable cost is 13,000 . total fixed cost is 1,500 . total cost is 14,500
  d. total variable cost is 13,000 . total fixed cost is 9,500 . total cost is 22,500

[amanda_14]

Answer to Question 1

a

Answer to Question 2

c

[lindiwe]

Thank you

[amanda_14]

Happy to help you