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Author Question: Buying insurance can create a moral hazard. Indicate whether the statement is true or ... (Read 66 times)

Deast7027

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on: Jun 30, 2018
Buying insurance can create a moral hazard.
  Indicate whether the statement is true or false

Question 2

A cartel is:
 a. a group of oligopolists who try to behave like a single monopolist and split the benefits among themselves.
  b. a government-approved organization for the exchange of technical information among firms.
 c. an industry trade group formed to lobby political leaders
 d. a regulated industry manufacturers association that is officially permitted to set the price of its product above long-run average total cost.


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kkenney

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


Deast7027

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Reply 2 on: Jun 30, 2018
Excellent

scottmt

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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