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

Author Question: Which of the following describes moral hazard? (Read 27 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
on: May 25, 2020

Question 1

Adverse selection occurs because of
◦ moral hazard.
◦ diminishing marginal utility.
◦ of imperfect information.
◦ spreading of risks.

Question 2

Which of the following describes moral hazard?
◦ High-risk individuals are less attracted to certain types of contract.
◦ Following the signing of a contract there is an increased likelihood that one party will engage in problematic behaviour.
◦ High-risk individuals are more attracted to certain types of contract.
◦ Prior to the signing of a contract there is an increased likelihood that one party will engage in problematic behaviour.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RRMR on May 25, 2020

cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


RRMR

  • Member
  • Posts: 557
Reply 2 on: May 25, 2020
Excellent

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Moral distress Moral distress
Examples of waste and hazard containers. Examples of waste and hazard containers.
Mahatma Gandhi and Corrie ten Boom exemplified Kohlberg’s stage 6 moral thinking. They devoted ... Mahatma Gandhi and Corrie ten Boom exemplified Kohlberg’s stage 6 moral thinking. They devoted ...
Kohlberg's Stages of Moral Development Kohlberg's Stages of Moral Development
Asphyxiation Hazard Asphyxiation Hazard
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Video: Dendrite Animation

For a complete list of videos, visit our video library