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 16 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
Wow, this really help

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Interior nodes represent common ancestors Interior nodes represent common ancestors
Examples of goal setting Examples of goal setting
Comparison of traits associated with r-selection and K-selection Comparison of traits associated with r-selection and K-selection
Examples of Surface Barriers Examples of Surface Barriers
Directional Selection in Rock-Pocket Mice Directional Selection in Rock-Pocket Mice
Stabilizing selection eliminates extreme forms of a trait Stabilizing selection eliminates extreme forms of a trait
Video: Blood Test Basics

For a complete list of videos, visit our video library