« previous next »

Author Question: Opportunism may occur when A) both parties have limited information. B) both parties have full ... (Read 67 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
on: Jul 1, 2018
Opportunism may occur when
 
  A) both parties have limited information.
  B) both parties have full information.
  C) one party has information the other does not.
  D) All of the above.

Question 2

In the automobile insurance market, adverse selection occurs when
 
  A) drivers with greater risks buy a policy with large deductibles.
  B) drivers with greater risks buy a policy with no deductibles.
  C) uninsured drivers drive recklessly.
  D) insured drivers drive recklessly.


yifu223

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Coding of Olfactory Information Coding of Olfactory Information
Political parties vs interest groups Political parties vs interest groups
If a fire were to occur, follow the evacuation plan. If a fire were to occur, follow the evacuation plan.
Needle-nose pliers are used where there is limited access to a wire or pin that needs to be ... Needle-nose pliers are used where there is limited access to a wire or pin that needs to be ...
After adjusting the valves that are closed, rotate the engine one full rotation until the engine ... After adjusting the valves that are closed, rotate the engine one full rotation until the engine ...
Full-term Fetus Full-term Fetus
Video: baroreceptors

For a complete list of videos, visit our video library