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

Author Question: When people by insurance they often adopt risky behavior. This is an example of A) adverse ... (Read 104 times)

JGIBBSON

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
When people by insurance they often adopt risky behavior. This is an example of
 A) adverse selection.
  B) moral hazard.
  C) a negative externality.
  D) moral hazard and a negative externality.

Question 2

Cartel agreements are more likely to succeed if:
 a. there are a large number of firms in the industry producing identical products.
  b. there are few firms in the industry producing identical products.
 c. there are a large number of firms in the industry producing differentiated products.
  d. there are a few firms in the industry producing differentiated products.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

b


JGIBBSON

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jun 30, 2018
Correct answers!


nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Alcohol, Mating, and Aggressive Behavior in Monkeys Alcohol, Mating, and Aggressive Behavior in Monkeys
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
Older people who exercise cognitive skills, like these chess players, retain those skills well into ... Older people who exercise cognitive skills, like these chess players, retain those skills well into ...
Older people who experienced stressful events in their younger years may show personal growth and ... Older people who experienced stressful events in their younger years may show personal growth and ...
Two areas of reduced cortical volume and one area of increased cortical volume observed in people ... Two areas of reduced cortical volume and one area of increased cortical volume observed in people ...
Government By the People, 2016 Presidential Election, 26th Edition Government By the People, 2016 Presidential Election, 26th Edition
Video: Dissociative Disorders (Part 2)

For a complete list of videos, visit our video library