« previous next »

Author Question: Moral hazard is due to A) hidden characteristics. B) hidden actions. C) symmetric information. ... (Read 167 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jul 1, 2018
Moral hazard is due to
 
  A) hidden characteristics.
  B) hidden actions.
  C) symmetric information.
  D) adverse selection.

Question 2

Joe's income is 500, the price of food (F, y-axis) is 2 per unit, and the price of shelter (S, x-axis) is 100. Which of the following represents his marginal rate of transformation of food for shelter?
 
  A) -5
  B) -50
  C) -.02
  D) None of the above.


pangili4

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Information flows from the nucleus to the cytoplasm and back. Information flows from the nucleus to the cytoplasm and back.
Step 2 of gene cloning: The actions of a restriction enzyme and DNA ligase to produce a recombinant Step 2 of gene cloning: The actions of a restriction enzyme and DNA ligase to produce a recombinant
Drug Actions at Binding Sites Drug Actions at Binding Sites
The driver information display on a Chevrolet Impala with a 5.3 liter V-8 equipped with active fuel ... The driver information display on a Chevrolet Impala with a 5.3 liter V-8 equipped with active fuel ...
Mechansim of actions of drugs used to treat heart failure Mechansim of actions of drugs used to treat heart failure
Characteristics of a protein-coding gene that can be used during annotation Characteristics of a protein-coding gene that can be used during annotation
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library