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

Author Question: Buying insurance can create a moral hazard. Indicate whether the statement is true or ... (Read 48 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kkenney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


Deast7027

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Wow, this really help

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Moral Decisions and the vmPFC Moral Decisions and the vmPFC
The philosophical journey requires self-examination. Your responsibility as a critical thinker is to The philosophical journey requires self-examination. Your responsibility as a critical thinker is to
Example of an Explanation of Benefits statement. Example of an Explanation of Benefits statement.
Asphyxiation Hazard Asphyxiation Hazard
How to avoid car insurance claims How to avoid car insurance claims
How to create a frequency table and histogram from raw data How to create a frequency table and histogram from raw data
Video: Fetal development - Weeks 9 to 38

For a complete list of videos, visit our video library