The elasticity of demand is constant along a downward sloping ...

[james0929]

The elasticity of demand is constant along a downward sloping straight-line demand curve.
 
  Indicate whether the statement is true or false

Question 2

Bill purchases property insurance for his office building, which includes coverage for fire damage. The policy offers premium discounts for smoke detectors, fire alarms, fire extinguishers and sprinkler systems.
 
  This is an incentive system to help avoid A) adverse selection.
  B) moral hazard.
  C) optimal-stopping.
  D) none of the above

[Ahnyah]

Answer to Question 1

FALSE

Answer to Question 2

A

[james0929]

Thanks for the timely response, appreciate it

[lkanara2]

Great answer, keep it coming