This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The following is an example of adverse selection a. A majority of those applying for well paid jobs ... (Read 14 times)

kaid0807

  • Hero Member
  • *****
  • Posts: 515
on: Jul 1, 2018
The following is an example of adverse selection
 a. A majority of those applying for well paid jobs are well qualified
 b. More reckless drivers opt for cars with fewer safety devices
 c. Individuals living in less secure neighborhoods want to buy less insurance
 d. Individuals with a strong family history of heart diseases opt to buy more insurance

Question 2

A consumer values a car at 525,00 . and a producer values the same car at 485,000 . If sales tax is 8 and is levied on the seller, then the sellers bottom line price is
 a. 527,000
  b. 523,800
  c. 525,000
  d. 500,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

micaelaswann

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

b


kaid0807

  • Member
  • Posts: 515
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

The Grants' investigation of natural selection in finches. The Grants' investigation of natural selection in finches.
Applying a Holter Monitor Applying a Holter Monitor
Circular friction around the ankle with the fingertips. Applying pressure with the fingertips, move ... Circular friction around the ankle with the fingertips. Applying pressure with the fingertips, move ...
The effect of disruptive selection on bristle number in Drosophila The effect of disruptive selection on bristle number in Drosophila
Comparison of traits associated with r-selection and K-selection Comparison of traits associated with r-selection and K-selection
Responses to artificial and natural selection Responses to artificial and natural selection
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library