Author Question: Moral hazard is caused by a. Hidden actions b. Hidden information c. Both of the above d. None of ... (Read 71 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
Moral hazard is caused by
 a. Hidden actions
 b. Hidden information
  c. Both of the above
 d. None of the above

Question 2

The marginal cost of hiring the 7th worker is
 a. 400
  b. 1000
  c. 200
  d. 0



yasmina

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

For a complete list of videos, visit our video library