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

Author Question: Which of the following illustrates adverse selection? a. Individuals sometimes mistakenly buy ... (Read 43 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Jul 1, 2018
Which of the following illustrates adverse selection?
 a. Individuals sometimes mistakenly buy defective cameras.
  b. Individuals will not search for bargains for low cost items.
  c. Individuals know a lot about their family health history when they buy insurance.
  d. Individuals can choose whether to drive safely or not.

Question 2

Which of the following addresses agency costs
 a. spot checks of the quality of employee work
  b. hiring only from job fairs
  c. instituting longer work days
  d. reducing the number of holidays


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


jace

  • Member
  • Posts: 541
Reply 2 on: Jul 1, 2018
Excellent

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Bartel and Szostak demonstrated chemical selection for RNA molecules that can catalyze phosphoester Bartel and Szostak demonstrated chemical selection for RNA molecules that can catalyze phosphoester
Diverticulosis. Figure illustrates external and internal appearance of diverticula. Diverticulosis. Figure illustrates external and internal appearance of diverticula.
Pneumothorax. Figure illustrates how puncture of thoracic wall and tearing of pleural membrane allow Pneumothorax. Figure illustrates how puncture of thoracic wall and tearing of pleural membrane allow
Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
The karyotype of an XYY male. Affected individuals are usually taller than normal, and some, but not The karyotype of an XYY male. Affected individuals are usually taller than normal, and some, but not
Comparison of traits associated with r-selection and K-selection Comparison of traits associated with r-selection and K-selection
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library