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

Author Question: Which of the following represent examples of adverse selection? A) Unhealthy people are more ... (Read 53 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Jul 1, 2018
Which of the following represent examples of adverse selection?
 
  A) Unhealthy people are more likely to want health insurance.
  B) Careless drivers purchasing extra auto insurance.
  C) Risk averse individuals choosing to buy extra insurance.
  D) all of the above
  E) A and B only

Question 2

Inefficient outcomes can arise in markets for public goods because:
 
  A) too much of an exclusive good is produced.
  B) too little of an exclusive good is produced.
  C) too much of a nonexclusive good is produced.
  D) too little of a nonexclusive good is produced.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LegendaryAnswers

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

D


RODY.ELKHALIL

  • Member
  • Posts: 591
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Examples of variation in leaf form. Examples of variation in leaf form.
Examples of thrombophlebitis Examples of thrombophlebitis
Aggregates are people who happen to be in the same place at the same time. Aggregates are people who happen to be in the same place at the same time.
Examples of the Types of Cards Used in a Test of Inductive Reasoning Examples of the Types of Cards Used in a Test of Inductive Reasoning
Sensory Crossover Device for Visually Impaired People Sensory Crossover Device for Visually Impaired People
Two examples of a single crossover between two nonsister chromatids Two examples of a single crossover between two nonsister chromatids
Video: Decubitus Ulcer

For a complete list of videos, visit our video library