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

Author Question: A situation in which one party to a transaction has both the incentive and the ability to behave in ... (Read 37 times)

allihubbard

  • Full Member
  • ***
  • Posts: 169
on: Oct 12, 2022

Question 1

A situation in which an individual or a firm takes advantage of special knowledge while engaging in socially inefficient behaviour is known as
◦ moral hazard.
◦ diminishing marginal returns.
◦ the free-rider problem.
◦ adverse selection.
◦ over-consumption.

Question 2

A situation in which one party to a transaction has both the incentive and the ability to behave in a way that shifts costs onto the other party is known as
◦ adverse selection.
◦ the free-rider problem.
◦ asymmetric information.
◦ moral hazard.
◦ a positive externality.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by allihubbard on Oct 12, 2022

brunoanthony

  • Full Member
  • ***
  • Posts: 169
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


allihubbard

  • Member
  • Posts: 169
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Cognitive behaviour involves problem-solving ability. Cognitive behaviour involves problem-solving ability.
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
The Rise of the Second American Party System, 1828 The Rise of the Second American Party System, 1828
Measuring Attachment Styles: The Strange Situation Experiment Measuring Attachment Styles: The Strange Situation Experiment
The three stages we go through to develop the ability of taking the role of the other. The three stages we go through to develop the ability of taking the role of the other.
The ability to solve problems may be highly efficient in the older adult The ability to solve problems may be highly efficient in the older adult
Video: Depolarization of the SA node, Action potentials of the myocardium & ANS effects

For a complete list of videos, visit our video library